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Monthly Archives

August 2025

  • In the News

    Nigeria’s Energy Leaders to Convene in Lagos for 2025 Gas Investment Forum

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

    KEY POINTS This October, Nigeria’s top energy officials and businesspeople will meet in Lagos for the third Gas Investment Forum (GIF). The country is working hard to turn its huge …

  • Markets

    Otedola Reveals Shocking Shift in Bank Relations During Business Crisis in New Memoir

    by Oluwatosin Racheal Alabi August 5, 2025
    by Oluwatosin Racheal Alabi August 5, 2025

    KEY POINTS In a candid revelation from his upcoming memoir, Making It Big: Lessons from a Life in Business, Femi Otedola, Nigeria’s billionaire investor and philanthropist, shares a harrowing chapter …

  • In the News

    South Africans Protest Skyrocketing Electricity Prices

    by Oluwatosin Racheal Alabi August 5, 2025
    by Oluwatosin Racheal Alabi August 5, 2025

    KEY POINTS Electricity prices in South Africa have risen at a staggering rate over the past 25 years—four times the rate of inflation. These increases have hit low-income families particularly …

  • Oil & Gas

    Nigerian Crude Remains Steady Amid Global Supply Shifts

    by Oluwatosin Racheal Alabi August 5, 2025
    by Oluwatosin Racheal Alabi August 5, 2025

    KEY POINTS Nigeria’s crude oil prices have remained relatively stable at $73 per barrel, despite a sharp drop in global benchmarks and increasing geopolitical tensions. This stability comes after a …

  • Oil & Gas

    BP’s Major Oil Discovery Marks a Shift Back to Fossil Fuels

    by Oluwatosin Racheal Alabi August 5, 2025
    by Oluwatosin Racheal Alabi August 5, 2025

    KEY POINTS In a significant development for BP, the company has announced its largest oil and gas discovery in over two decades, marking a pivotal moment as it shifts its …

  • Oil & Gas

    Libya’s NOC Reignites Collaboration with ExxonMobil for Offshore Exploration

    by Oluwatosin Racheal Alabi August 5, 2025
    by Oluwatosin Racheal Alabi August 5, 2025

    KEY POINTS In a significant move for Libya’s oil and gas sector, the National Oil Corporation, NOC, announced on Monday that it has entered into a memorandum of understanding (MoU) …

  • Energy Transition

    World Bank Approves $200 Million Grant for Zambia’s Energy Access Expansion

    by Oluwatosin Racheal Alabi August 4, 2025
    by Oluwatosin Racheal Alabi August 4, 2025

    KEY POINTS The World Bank has approved a $200 million grant to Zambia through its International Development Association (IDA) to accelerate energy access in the country. This grant represents the …

  • Energy TransitionIn the News

    South African Solar Power Users Hit Hard by Eskom’s New Tariff Overhaul

    by Oluwatosin Racheal Alabi August 4, 2025
    by Oluwatosin Racheal Alabi August 4, 2025

    KEY POINTS South African homeowners with solar power systems are facing increased financial strain following Eskom’s tariff overhaul in April 2025. The power utility’s decision to shift more of its …

  • Energy TransitionIn the News

    Eskom’s Coal Plants Hit Seven-Year High in Efficiency, Stabilizing South Africa’s Winter Grid

    by Oluwatosin Racheal Alabi August 4, 2025
    by Oluwatosin Racheal Alabi August 4, 2025

    KEY POINTS South Africa’s embattled power utility, Eskom, is showing rare signs of a turnaround. With more than half of its coal-fired stations now operating above 70% efficiency and three …

  • Oil & Gas

    Libya’s Sharara Oil Field Hits 7-Year Output High as Stability Returns

    by Oluwatosin Racheal Alabi August 4, 2025
    by Oluwatosin Racheal Alabi August 4, 2025

    KEY POINTS Libya’s Sharara oil field, the largest in the country, has surged to a production peak not seen since 2018, marking a significant milestone for the North African nation’s …

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© 2025 Energy News Africa Plus. All Rights Reserved.