KEY POINTS Global oil prices extended their gains on Wednesday, rising more than two per cent as renewed conflict in the Middle East and stalled diplomatic negotiations between Iran and …
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KEY POINTS Millions of Nigerians are facing increased financial pressure following a sharp rise in the price of cooking gas, a development that has further deepened the country’s cost-of-living crisis. …
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KEY POINTS The President of the State Oil Company of Azerbaijan Republic, SOCAR, Rovshan Najaf, held discussions with John Ardill, Vice President of ExxonMobil Corporation, on the sidelines of the …
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KEY POINTS The Nigerian Upstream Petroleum Regulatory Commission,NUPRC, has assured stakeholders that Nigeria’s crude oil and gas production continues without disruption, despite an ongoing industrial action by workers under the …
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KEY POINTS South Africa’s power utility, Eskom, has complied with a Supreme Court of Appeal ruling by releasing previously withheld legacy energy contracts, marking a significant legal and transparency victory …
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KEY POINTS US energy major Chevron Corporation is reportedly considering new upstream investment opportunities in Tanzania after expressing interest in oil and gas exploration during recent discussions with the country’s …
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KEY POINTS The National Energy Regulator of South Africa NERSA, has confirmed it will closely monitor a new electricity relief arrangement granted to energy-intensive smelter operators, as scrutiny grows over …
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KEY POINTS Global oil markets may be heading toward another price shock as top energy executives warn that tightening supply conditions could push crude prices significantly higher in the coming …
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KEY POINTS The Dangote Petroleum Refinery has achieved a major global milestone, becoming the world’s largest single exporter of aviation fuel in April, as supply disruptions in the Middle East …
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Energy TransitionIn the News
Cederberg Municipality Gets R14.9m Eskom Debt Relief, Moves Closer to Clearing R47m Arrears
KEY POINTS The Cederberg Municipality has received a second debt relief write-off of R14.9 million from National Treasury as part of an ongoing programme aimed at helping local governments reduce …