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Monthly Archives

October 2023

  • In the News

    Scotland Pledges $500M for Wind Energy Supply Chain

    by Victor Adetimilehin October 19, 2023
    by Victor Adetimilehin October 19, 2023

    Scotland’s First Minister Humza Yousaf announced a $500 million investment in the country’s wind energy supply chain on Tuesday, as part of a drive to create green jobs and attract …

  • In the News

    Power Generation Hits 4,387 MW; 7 Million Customers Unmetered

    by Adenike Adeodun October 19, 2023
    by Adenike Adeodun October 19, 2023

    Nigeria’s electricity sector is enduring a drawn-out crisis, largely because of the failure to metre an adequate number of customers, resulting in approximately seven million users remaining unmetered, even with …

  • Energy TransitionOil & Gas

    Nigeria Grapples with Fuel Import Slump Amid Subsidy Controversy

    by Oluwatosin Racheal Alabi October 19, 2023
    by Oluwatosin Racheal Alabi October 19, 2023

    *Sudden Downturn in Fuel Imports* Nigeria’s landscape of fuel imports has hit a staggering low, leaving depots scrambling and triggering a cascade of shutdowns among numerous filling stations. The ones …

  • Energy TransitionIn the NewsMarkets

    Heirs Energies: Pioneering Sustainable Solutions in Africa’s Energy Sector

    by Oluwatosin Racheal Alabi October 19, 2023
    by Oluwatosin Racheal Alabi October 19, 2023

    Embracing a Sustainable FutureHeirs Holdings Oil & Gas Limited, a key player in Africa’s energy scene, has rebranded to Heirs Energies Limited, a strategic move signaling its commitment to innovative …

  • In the News

    How to Power Africa with Small Nuclear Reactors: US Plan

    by Motoni Olodun October 19, 2023
    by Motoni Olodun October 19, 2023

    The US is eyeing a role for its nuclear technology in Africa’s energy transition, saying small modular reactors (SMRs) can help the continent reduce its carbon footprint and boost its …

  • In the News

    Qatar Secures Long-Term LNG Deal with Shell for Europe

    by Victor Adetimilehin October 18, 2023
    by Victor Adetimilehin October 18, 2023

    Qatar, the world’s largest exporter of liquefied natural gas (LNG), has signed a long-term deal with Shell to supply the fuel to Europe, amid rising concerns over the region’s energy …

  • Energy Transition

    Namibia Unveils ‘Energy Invest 2023’ at Energy Week

    by Adenike Adeodun October 18, 2023
    by Adenike Adeodun October 18, 2023

    A new chapter in energy development opens as Namibia’s Mines and Energy Minister, Tom Alweendo, presents “Energy Invest: Namibia 2023.” The reveal occurred at African Energy Week (AEW) 2023. The …

  • Oil & Gas

    Uganda-Tanzania Oil Pipeline: A Game-Changer or a Pipe Dream?

    by Motoni Olodun October 18, 2023
    by Motoni Olodun October 18, 2023

    Uganda and Tanzania are on the verge of finalizing a $4 billion deal to build a crude oil pipeline that could transform the region’s economy and energy sector. The project, …

  • In the NewsOil & Gas

    Qatar Expands Long-Term Gas Supply to Europe with 27-Year Deal

    by Oluwatosin Racheal Alabi October 18, 2023
    by Oluwatosin Racheal Alabi October 18, 2023

    In a significant move, Qatar has extended its long-term gas supply to Europe by securing a substantial deal with the Netherlands. The agreement entails providing 3.5 million metric tons of …

  • GovernmentMarkets

    How Nigeria’s Ports Are Making Petrol More Expensive

    by Motoni Olodun October 18, 2023
    by Motoni Olodun October 18, 2023

    Nigeria, Africa’s largest oil producer, struggles to keep its petrol prices affordable amid rising global crude oil prices and depreciating naira. But another factor is adding to the cost of …

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Nigeria’s Oil Boom: Record Production in September 2023

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Egypt Courts Global Energy Majors to Bolster Gas Future
South Africa Regulator’s R54 Billion Eskom Error Fuels Public...
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