Blog
BIG OIL STAYS THE COURSE ON DIVIDENDS AND BUYBACKS DESPITE MARKET TURMOIL.
Despite a turbulent market and declining oil prices, the world’s biggest oil companies ExxonMobil, Shell and TotalEnergies have reaffirmed their commitment to shareholders by maintaining dividends and buybacks. While BP and Chevron dialed back share repurchases slightly for Q2, most firms exceeded Q1 earnings expectations and emphasized their resilience. With rising production and long-term, cost-cutting strategies, Big Oil is signaling strength and stability even as global uncertainty clouds the outlook for the rest of the year.
- 1 year, 5 months
CREATING SOLAR PANELS THAT CONVERT CARBON DIOXIDE INTO FUEL.
Researchers have created a groundbreaking type of solar panel, dubbed an "artificial leaf," that uses only sunlight to convert carbon dioxide into liquid fuels and other high-value chemicals.
- 1 year, 5 months
GULF STATES PLAN $6 BILLION IN AFRICA INVESTMENTS.
Gulf countries are making bold moves to transform Africa’s energy landscape with a $6 billion investment in oil and renewable projects. This game changing initiative promises to boost energy access, fuel economic growth, and deepen global partnerships discover how this strategic shift could reshape the future of energy across two continents.
- 1 year, 5 months
IMF CUTS 2025 MENA GROWTH FORECAST TO 2.6% AMID GLOBAL TRADE TENSIONS AND FALLING OIL PRICES.
The International Monetary Fund has lowered its 2025 growth forecast for the Middle East and North Africa to 2.6%, citing global trade tensions, falling oil prices, and regional economic pressures. As uncertainty grows, this update sheds light on the challenges ahead and the urgent reforms needed to stabilize and strengthen the region’s economy. Don’t miss the full story behind this critical economic shift.
- 1 year, 5 months
TOTALENERGIES Q1 PROFITS FALL ON LOWER OIL PRICES, WEAK REFINING MARGINS.
TotalEnergies experienced a 17% drop in Q1 2025 profits, bringing in $4.2 billion, mainly due to declining oil prices and weak refining margins in Europe. However, the company offset some of the impact with a 4% rise in oil and gas output and an 18% boost in electricity generation, showing resilience in its diversified energy portfolio.
- 1 year, 5 months
OIL AND GAS INVESTOR AFREXIMBANK EARNARK $3 BILLIONS TO SUPPORT LOCALLY REFINED PRODUCTIONS.
Africa is taking charge of its energy future! Afreximbank has launched a bold $3 billion initiative to boost local refining and cut dependence on costly fuel imports. With major investments already fueling new refineries and a vision to triple Africa’s refining capacity, the continent is gearing up for an energy revolution.
- 1 year, 5 months
Africa Energy Insights (AEI) is an African platform with latest news, insights and investment report of Energy Sectors. We bridging the gap and mobilizes investment in Energy resources for Sustainable and reliable Energy supply.