KEY POINTS South Africa’s troubled but indispensable coal fleet has reached a new milestone. Eskom Holdings SOC Ltd. said Thursday it had commissioned the sixth and final unit of the …
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In the NewsOil & Gas
TotalEnergies Brings New Partner Into Denmark’s Flagship CO₂ Storage Project
KEY POINTS TotalEnergies SE is drawing a new partner into Denmark’s most ambitious carbon capture and storage (CCS) project, a step that underscores how Europe’s aging offshore oil and gas …
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In the NewsOil & Gas
Nigeria Boosts Dangote Refinery Crude Supply to Shield Economy as Oil Prices Soften
KEY POINTS Nigeria is leaning more heavily on its massive Dangote Refinery to buffer the economy from sliding oil prices and mounting supply in global markets, extending crude supply commitments …
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KEY POINTS Nigeria’s most powerful oil union has agreed to call off a strike that threatened to upend fuel supply in West Africa, after government officials stepped in to mediate …
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KEY POINTS Italian oil and gas major Eni SpA is preparing to sign off on a long-awaited final investment decision (FID) for Mozambique’s Coral North liquefied natural gas project, setting …
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KEY POINTS The Dangote Group has agreed to redeploy more than 800 workers dismissed by its flagship petroleum refinery after days of high-stakes talks with Nigeria’s powerful oil workers’ union …
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KEY POINTS Oil prices slid for a second straight day as traders braced for another production increase from OPEC+ and the resumption of Kurdish crude exports via Turkey, fueling expectations …
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Energy TransitionIn the News
Eskom Chair Vows Inflation-Linked Tariffs as Utility Seeks R112bn Cost Cuts
KEY POINTS South Africa’s state-owned power utility Eskom is shifting its focus from stabilising electricity supply to tackling affordability, with chairperson Mteto Nyati saying future tariff hikes must be brought …
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In the NewsOil & Gas
Dangote Refinery, PENGASSAN Talks Collapse After Nine Hours; Talks Resume at 2 p.m
KEY POINTS Nigeria’s attempt to broker peace between the Dangote Petroleum Refinery and one of the country’s most powerful oil unions ended without a deal after nine hours of negotiations, …
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KEY POINTS ExxonMobil Corp. Chief Executive Officer Darren Woods pressed Mozambique’s President Daniel Chapo last week for firm guarantees of security before moving ahead with a $30 billion liquefied natural …