Ikeoluwa Juliana Ogungbangbe

Nigeria’s finance minister says the US-Israel-Iran conflict has triggered major energy shocks, pushing petrol prices up over 50% and squeezing household budgets.

Technip Energies has secured contracts across Gabon, Vietnam and Louisiana, deepening its reach in LNG, cleaner fuels and petrochemicals across three continents.

Private capital investment in Africa grew 8% last year, making it the only region globally to record deal growth amid a broadening shift to clean energy.

Petrobras has agreed to buy a 75% working interest in São Tomé and Príncipe’s offshore Block 3, taking operatorship from Oranto Petroleum.

South Africa’s fuel industry is rerouting imports away from the Arabian Gulf, securing April-to-June shipments from West Africa, the Atlantic Basin and Asia.

The Iran war’s energy shock is pushing Asia and Africa to expand nuclear power, with governments fast-tracking reactor plans across both continents.

President William Ruto defended Kenya’s high fuel prices at a Karen church service, saying Kenya is a middle-income country unlike its less-developed neighbors.

Eskom has named Thyspunt on South Africa’s Eastern Cape coast as the preferred site for its proposed 5,200-megawatt nuclear power station.

Olusegun Obasanjo urged Africa to build its own energy pipelines and stop relying on foreign supply chains disrupted by wars far from the continent.

TotalEnergies has struck oil at the Moho license offshore Congo, combining two nearby finds into a 100 million barrel development prospect.