Author: Energy Crossroad (Energy Crossroad)

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World Nuclear Association Welcomes Microsoft Corporation as Newest MemberTech Company’s Membership Signals Nuclear Power’s Central Role in Powering the AI Revolution

World Nuclear Association Welcomes Microsoft Corporation as Newest MemberTech Company’s Membership Signals Nuclear Power’s Central Role in Powering the AI Revolution

Issued 3 September 2025 LONDON, UK The World Nuclear Association has proudly announced that Microsoft Corporation, one of the world’s leading technology companies, has officially joined as its newest member. This landmark membership underscores the growing recognition of nuclear energy as an essential foundation for powering the digital economy and achieving ambitious climate goals. A...

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Marketers continue imports as Dangote petrol arrives US3rd September 2025

Marketers continue imports as Dangote petrol arrives US3rd September 2025

The Dangote Petroleum Refinery last week made its first Premium Motor Spirit (petrol) shipment to the United States, while local marketers insisted on fuel importation. This confirmed earlier reports that the refinery is exporting more fuels following the shutdown of some foreign refineries for maintenance. According to S&P Global, 300,000 barrels of petrol left Nigeria...

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Ghana-China Media Fellowship 2025 Concludes with Strong Call for Balanced Reporting and Cross-Cultural Dialogue

Ghana-China Media Fellowship 2025 Concludes with Strong Call for Balanced Reporting and Cross-Cultural Dialogue

The Ghana-China Media Fellowship 2025, a groundbreaking initiative designed to build the capacity of Ghanaian media professionals in understanding and reporting on Ghana-China relations, officially came to a close on Saturday, August 30, 2025. Organized by the Africa-China Centre for Policy and Advisory (ACCPA), the 12-week fellowship brought together 15 career journalists from television, radio,...

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Angola plans first output at Cabinda oil refinery by year-end

Angola plans first output at Cabinda oil refinery by year-end

Angola’s planned 30,000-barrel-per-day Cabinda oil refinery, the first to be built since independence a half-century ago, will begin producing fuel by year-end, the Southern African country’s oil and gas minister said on Monday.The project, which will be Angola’s second oil refinery, will help make sub-Saharan Africa’s No.2 crude producer less dependent on costly fuel imports...

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Oil settles higher on weaker dollar and Russian supply disruptions

Oil settles higher on weaker dollar and Russian supply disruptions

Global benchmark Brent crude oil settled 1% higher on Monday, as concerns mounted that intensifying airstrikes in Russia and Ukraine could lead to supply disruptions, and as a weaker dollar lent additional support.Brent crude futures settled up 67 cents, or 1%, at $68.15 a barrel. The U.S. benchmark, the West Texas Intermediate futures contract ,...

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Brazil’s Petrobras lowers jet fuel prices by 3.7%

Brazil’s Petrobras lowers jet fuel prices by 3.7%

Brazilian state-run oil company Petrobras (PETR3.SA), opens new tab will lower the average price of jet fuel sold to distributors by 3.7%, or 0.13 real ($0.0240) per liter, starting September 1, the company said on Monday.Petrobras makes monthly alterations to its jet fuel prices based on factors including oil prices and currency exchange rates.

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Nigeria signs deepwater oil contract with TotalEnergies

Nigeria signs deepwater oil contract with TotalEnergies

Nigeria has signed a production-sharing contract (PSC) with TotalEnergies (TTEF.PA), opens new tab and local firm South Atlantic Petroleum for two offshore blocks, in a step to boost exploration and attract investment under its new oil framework.Nigeria, Africa’s largest oil producer, is seeking to revitalize its upstream sector amid global energy transition pressures and declining...

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Crude Oil and Refined Products Market Review and Outlook-1st to 15th Sept

Crude Oil and Refined Products Market Review and Outlook-1st to 15th Sept

Crude oil prices in the global market declined by about 3.69% compared to the previous pricing window, demonstrating the sector’s recovery from the geopolitical tensions in Q2 that spiked prices considerably around the period. Pump prices are expected to edge slightly in the coming window (1st to 15th September) due to the depreciation of the...

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Global nuclear industry gathers in London this weekGoal to triple nuclear capacity by 2050 is achievable

Global nuclear industry gathers in London this weekGoal to triple nuclear capacity by 2050 is achievable

In 2024, nuclear reactors supplied more electricity than ever before. World Nuclear Performance Report 2025 charts this record milestone and demonstrates nuclear’s endurance as part of a clean and resilient global energy mix.The global reactor fleet ran at an average capacity factor* of 83% in 2024, higher than any other source of electricity. This measure...

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Rolls-Royce denies report of IPO plans for small nuclear reactor unit

Rolls-Royce denies report of IPO plans for small nuclear reactor unit

Aug 30 (Reuters) – Rolls-Royce Holdings (RR.L), opens new tab on Saturday denied a report it was exploring an initial public offering for its small nuclear reactor unit.The Financial Times, citing people familiar with the situation, reported on Saturday the company was considering an IPO as well as other funding options. It said talks with...