Energy Transition

KEY POINTS Italian energy major Eni SpA has unveiled plans to channel $8 billion into Egypt’s oil and gas sector over the next five years, reaffirming its central role in …

KEY POINTS Equatorial Guinea has signed a landmark agreement with US energy major Chevron to kickstart the Aseng Gas Project, a $690 million development aimed at securing feedstock for the …

KEY POINTS The Global Energy Alliance for People and Planet (GEAPP) has pledged $16 million to accelerate mini-grid deployment across Africa, marking another push to close the continent’s chronic power …

KEY POINTS Nigerian energy executive Ahonsi Unuigbe has taken on a new leadership role as chairman of Marconi.NG EPC Limited, the company that operates West Africa’s biggest and most sophisticated …

KEY POINTS South African households and businesses are bracing for steeper power bills after Eskom and the country’s energy regulator signed off on a deal that will push tariffs higher …

KEY POINTS South Africa’s former power utility chief, ESKOM, André de Ruyter, says the country’s longest stretch without rolling blackouts in years owes less to sudden operational miracles and more …

KEY POINTS Libya’s oil industry is showing faint but notable signs of momentum. The country’s state-owned National Oil Corporation, NOC, said over the weekend that crude output reached 1.39 million …

KEY POINTS Nigeria’s already fragile electricity network suffered another setback last week after a transmission grid collapsed in Kaduna, leaving parts of the state without power.  The Transmission Company of …

KEY POINTS Dr. Sam Amadi, a former chairman of NERC, urged caution, calling the idea premature. “Net billing is one of the important methodologies for renewable energy market,” Amadi said …

KEY POINTS South Africa’s National Energy Regulator, Nersa, is facing a storm of criticism after admitting to a R54 billion miscalculation in Eskom’s tariff settlement — an error that will …