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Monthly Archives

August 2025

  • Oil & Gas

    Nigeria’s Deepwater Oil Race Heats Up as Local Players Push to Break IOC Stronghold

    by Oluwatosin Racheal Alabi August 8, 2025
    by Oluwatosin Racheal Alabi August 8, 2025

    KEY POINTS Global energy giants have long controlled Nigeria’s deepwater oil and gas fields, but a quiet but significant power shift is now taking place. The era of uncontested international …

  • Oil & Gas

    Nigeria’s Budget Bleeds as Brent Hovers Near $67

    by Oluwatosin Racheal Alabi August 8, 2025
    by Oluwatosin Racheal Alabi August 8, 2025

    KEY POINTS Far from the busy markets of London or New York, the flickering numbers on trading screens—Brent crude at $67.02 a barrel—tell a different story. That figure is more …

  • Energy Transition

    South Africa Clears Path for New 4,000MW Nuclear Plant in Western Cape

    by Oluwatosin Racheal Alabi August 8, 2025
    by Oluwatosin Racheal Alabi August 8, 2025

    KEY POINTS Environment Minister Dion George confirmed Friday that state-owned Eskom has received environmental approval to move forward with a 4,000-megawatt facility in the Western Cape, bringing South Africa one …

  • Oil & Gas

    Conoil Reels From 89% Profit Plunge, Worst H1 Result in Five Years

    by Oluwatosin Racheal Alabi August 7, 2025
    by Oluwatosin Racheal Alabi August 7, 2025

    KEY POINTS As the downstream oil marketer reported its worst half-year performance since 2020, Conoil Plc is going through its most challenging period in six years. Falling revenues, eroded margins, …

  • Energy TransitionOil & Gas

    Israel Signs $35 Billion Natural Gas Deal With Egypt to Cement Regional Energy Ties

    by Oluwatosin Racheal Alabi August 7, 2025
    by Oluwatosin Racheal Alabi August 7, 2025

    KEY POINTS With a record-breaking $35 billion export agreement to supply natural gas to Egypt through 2040, Israel’s Leviathan gas field, a deepwater reservoir off the Mediterranean Coast has strengthened …

  • In the News

    Sahara Group Denies Receivership Claims Over Ikeja Electric, Egbin Power

    by Oluwatosin Racheal Alabi August 7, 2025
    by Oluwatosin Racheal Alabi August 7, 2025

    KEY POINTS An advertisement claiming that FBNQuest Trustees Limited has placed Nigeria’s Ikeja Electricity Distribution Company and Egbin Power Plant under receivership has sparked controversy regarding the ownership of the …

  • In the NewsOil & Gas

    Shell, bp and Exxon Bet Big on Libya’s Oil Comeback After Decade of Instability

    by Oluwatosin Racheal Alabi August 7, 2025
    by Oluwatosin Racheal Alabi August 7, 2025

    KEY POINTS Libya’s oil and gas industry is making a resurgence after years of instability and underinvestment, attracting the interest of major players in the global energy market. In an …

  • In the NewsOil & Gas

    Greece Defies Libya’s Claims in High-Stakes UN Filing Over Eastern Mediterranean Waters

    by Oluwatosin Racheal Alabi August 6, 2025
    by Oluwatosin Racheal Alabi August 6, 2025

    Greece has strongly opposed Libya‘s claims to the sea in the Eastern Mediterranean. It did this by formally rejecting Tripoli’s objections to recent plans to explore for oil and gas …

  • Oil & Gas

    Dynagas Expands LNG Fleet With Delivery of Clean Mistral

    by Oluwatosin Racheal Alabi August 6, 2025
    by Oluwatosin Racheal Alabi August 6, 2025

    KEY POINTS Dynagas Ltd., one of the biggest companies in the world that moves liquefied natural gas, LNG, has added a new LNG carrier, Clean Mistral, to its growing fleet. …

  • Energy Transition

    Tariff Failures and Poor Management Strain South Africa’s Power Sector

    by Oluwatosin Racheal Alabi August 6, 2025
    by Oluwatosin Racheal Alabi August 6, 2025

    KEY POINTS South Africa’s fight to provide reliable, affordable electricity is getting harder because of structural problems and bad municipal tariffs. These issues are making people lose faith in the …

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  • Lagos Residents Protest 10-Day Power Blackout as Ikeja Electric Cites Transformer Fault
  • Nigerians Rally Behind Dangote Refinery as NUPENG Strike Threat Sparks Fierce Debate
  • Ethiopia Inaugurates Africa’s Largest Hydropower Dam

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Nigeria’s Oil Boom: Record Production in September 2023

5 Oil Giants Accelerating Shift to Clean Energy
Egypt Strikes Deal With bp to Drill Five New Gas Wells

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5 Oil Giants Accelerating Shift to Clean Energy
Egypt Strikes Deal With bp to Drill Five New...
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© 2025 Energy News Africa Plus. All Rights Reserved.