KEY POINTS In an effort to increase export potential and fortify regional energy ties, Nigeria is proceeding with plans to link Equatorial Guinea with its enormous but underutilised natural gas …
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Energy TransitionIn the News
Cape Town’s Khayelitsha Shack Dwellers Clash With Eskom Over Power Cuts
KEY POINTS After Eskom and law enforcement officials removed dozens of illegal electricity connections that had been powering hundreds of informal homes, residents of Khayelitsha, Cape Town‘s New Monwabisi Park …
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In the NewsMarketsOil & Gas
NNPC Profit Slumps Nearly 80% in July as Revenues Falter Despite Oil Gains
KEY POINTS After-tax earnings for the Nigerian National Petroleum Company Limited, NNPC, fell to ₦185 billion ($126 million) in July from ₦905 billion the month before, marking one of the …
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Energy TransitionIn the NewsOil & Gas
Turkey Edges Closer to Libya Gas Exploration Deal Amid Thaw in Ties
KEY POINTS Libya’s eastern-based parliament is preparing to ratify a gas exploration accord that would give Turkey access to the North African nation’s Mediterranean waters, according to people familiar with …
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KEY POINTS In July, Nigeria’s petrol prices slightly decreased, providing little respite to consumers from months of high energy prices that still have a significant impact on household budgets and …
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In the News
African Communities Push to Expel TotalEnergies, Demand Reparations in Fossil Fuel Clash
KEY POINTS Communities throughout Africa have demanded that French energy giant TotalEnergies cease operations on the continent, compensate impacted populations, and create space for a fair transition to renewable energy …
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KEY POINTS South Africa’s heavily indebted Emfuleni Municipality is pressing the National Treasury to cancel another portion of its ballooning electricity arrears owed to Eskom, less than a year after …
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KEY POINTS Nigeria is putting pressure on other African oil producers to create more affordable financing options that will support domestic service businesses in a market that has historically been …
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KEY POINTS Nigeria is stepping up its efforts to deepen access to clean cooking fuel and strengthen Africa’s energy infrastructure, unveiling a new Liquefied Petroleum Gas, LPG, carrier that signals …
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Energy TransitionIn the News
Nigeria to Host Global Gas Forum as Investors Eye West Africa’s Energy Future
KEY POINTS Nigeria is doubling down on its goal of becoming a regional centre for gas-driven industrialization, and it is getting ready to welcome some of the biggest names in …