Energy Sector News
Latest articles and news about Energy Sector on AXL Media.
Latest Articles
- Seplat Energy Reports $840.7 Million Revenue and Doubles Dividend Following Significant Production Growth
Published: Apr 30, 2026
Section: Africa
Seplat Energy PLC achieved a 62.7% surge in first quarter profit to $37.9 million, supported by a 9% increase in production levels and favorable global oil prices. The dual listed...
- Ukraine Business Sentiment Rebounds in Q1 2026 as Activity Index Breaks Downward Trend
Published: Apr 17, 2026
Section: Business & Economy
The National Bank of Ukraine (NBU) reported a significant recovery in business optimism for the first quarter of 2026, with the Business Expectations Index rising to 105.8%. Despit...
- PENGASSAN President Festus Osifo Advocates for Increased Female Representation in Senior Energy Sector Leadership Roles
Published: Apr 16, 2026
Section: Africa
At the third annual PENGASSAN Women Convention in Abuja, union president Festus Osifo called for a transition from female participation to active leadership in the oil and gas indu...
- Governor Wavinya Ndeti Denounces Political Violence and Youth Exploitation Ahead of 2027 Election
Published: Apr 11, 2026
Section: Africa
Machakos Governor Wavinya Ndeti has issued a stern warning against the rising use of hired goons to intimidate political rivals following an assault on Senator Godfrey Osotsi. The...
- PTDF Commences Nationwide Screening of 5,885 Shortlisted Candidates for 2026 Overseas Scholarship Scheme
Published: Apr 7, 2026
Section: Africa
The Petroleum Technology Development Fund has launched a nationwide interview process for nearly 6,000 shortlisted candidates seeking postgraduate scholarships for the 2026/2027 ac...
- Abu Dhabi Borouge Petrochemical Facility Suspended Following Fires Sparked By Falling Interception Debris
Published: Apr 5, 2026
Section: Middle East
Operations at the Borouge petrochemical plant in Abu Dhabi have been halted after falling debris from a military interception ignited fires at the site. Local authorities confirmed...
- Adeleye Falade Takes Reins as NLNG Managing Director Following Completion of Strategic Leadership Transition
Published: Apr 2, 2026
Section: Africa
Adeleye Falade has officially assumed office as the Managing Director and Chief Executive Officer of Nigeria LNG Limited. Falade, who brings nearly thirty years of global energy ex...
- Incarcerated Energy Trader Relinquishes Challenge to Multimillion Dollar Civil Judgment in Fraud Case
Published: Mar 28, 2026
Section: Crime
A former energy trader currently serving a prison sentence has declined to contest a $7.7 million judgment issued against him. The civil ruling, which follows a high-profile crimin...
- Dangote Petroleum Refinery Denies Initial Public Offering Rumors Warning Investors Against Unverified Market Speculation
Published: Mar 27, 2026
Section: Africa
Dangote Petroleum Refinery and Petrochemicals has officially refuted circulating reports suggesting an imminent public listing on the capital markets. Management emphasized that al...
- President Zelenskyy Identifies Diplomatic Friction as United States Assumes Russian Readiness for Peace Negotiations
Published: Mar 26, 2026
Section: Politics
President Volodymyr Zelenskyy revealed a fundamental strategic disagreement with Washington regarding the Kremlin’s actual intent to conclude the ongoing war. While the Ukrainian a...
- Wall Street Futures Surge as Global Oil Prices Plunge 6% on Hopes for 15-Point U.S.-Iran Peace Framework
Published: Mar 25, 2026
Section: Global Economy
U.S. stock futures climbed over 1% Wednesday morning as Brent crude tumbled below $94 per barrel following reports of a potential diplomatic breakthrough in the Middle East. Global...
- Nigerian Independent System Operator Refutes Claims of Zero Megawatt Power Allocation to Distribution Companies Amid Gas Supply Constraints
Published: Mar 25, 2026
Section: Africa
The Nigerian Independent System Operator has officially denied reports that certain Distribution Companies received no power allocation between March 20 and March 22, 2026. While a...