January 21, 2021/Fitch Ratings The federal government of Nigeria’s (FGN) repeated recourse to its Ways and Means facility (WMF) with the central bank (CBN) highlights weaknesses in public finance management, says Fitch Ratings. Sustained use of direct monetary financing could raise risks to macroeconomic stability – given the current weak […]

The new U.S. administration must double down on – not shy away from – engagements with African energy opportunities by facilitating U.S. private sector investment in natural gas and renewables and eschewing a return to aid-driven diplomacy January 21, 2021/Africa Oil & Power Conference On Wednesday, U.S. President Joe Biden […]

January 19, 2021/OilPrice.com Chart of the Week –    U.S. fossil fuel production declined by 6% in 2020. –    The EIA projects that production will remain flat in 2021, with increased coal production offsetting declines in gas output. –    Production will resume growth in 2022 but will remain below the 2019 […]