KEY POINTS Kenya Power has warned that the rapid growth of wind and solar power is creating challenges for the stability and reliability of the country’s electricity grid. The national …
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KEY POINTS South Africa’s presidency has criticised Eskom chair Mteto Nyati for publicly raising concerns about the government’s plan to separate the electricity utility’s transmission business. The disagreement comes as …
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KEY POINTS Geregu Power Plc has failed to make a scheduled payment on its N40.09 billion Series 1 senior unsecured bond, raising concerns about the company’s ability to meet its …
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KEY POINTS The Nigerian Electricity Regulatory Commission, NERC, has dissolved the board of directors of Kaduna Electricity Distribution Company, KAEDCO, over its failure to meet its financial obligations to the …
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KEY POINTS A major fire has broken out at Libya’s Zawiya oil refinery after a drone attack, prompting the country’s National Oil Corporation, NOC, to warn that it could stop …
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KEY POINTS The National Union of Mineworkers, NUM, has criticised President Cyril Ramaphosa’s approval of a task team to oversee the restructuring of Eskom, saying the plan may not serve …
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In the NewsMarketsOil & Gas
NNPC Rejects Allegations Against Bayo Ojulari, Highlights Growth in Nigeria’s Oil and Gas Output
KEY POINTS The Nigerian National Petroleum Company Limited (NNPC Ltd.) has dismissed allegations of poor performance and impropriety levelled against its management, insisting that available production figures show measurable improvements …
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KEY POINTS The Pipeline Infrastructure Nigeria Limited, PINL, has disclosed that the Nigerian National Petroleum Corporation, NNPC, secured more than $20 billion in gas sale and purchase agreements over the …
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Energy TransitionIn the News
Four Municipalities Hand Electricity Management to Eskom Under Transitional Agreements
KEY POINTS Four municipalities in South Africa have entered into agreements allowing Eskom to take responsibility for managing their electricity distribution businesses, in a move aimed at addressing financial, operational …
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KEY POINTS The Pan Niger Delta Forum,PANDEF, has commended President Bola Ahmed Tinubu for approving a 15-year gas supply framework for UTM Offshore Limited, describing the decision as a significant …