KEY POINTS Nigeria’s Federal Government has approved the release of N28 billion for electricity distribution companies (DisCos) to procure and install prepaid meters across the country, in a renewed effort …
Energy Transition
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KEY POINTS South Africa’s Cabinet has approved a new board for Eskom Holdings, the state-owned power utility at the heart of the country’s energy recovery plan, while retaining Mteto Nyati …
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Energy TransitionIn the News
Nigeria Strikes ₦4 Trillion Deal to Settle Power Sector Debts and Reignite Investor Confidence
KEY POINTS Nigeria’s Federal Government has sealed a landmark agreement with power generation companies, GenCos, and gas suppliers to clear outstanding debts worth about ₦4 trillion, marking one of the …
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KEY POINTS South Africa’s state-owned power utility, Eskom, is planning to cut electricity tariffs after returning to profitability for the first time in eight years, a turnaround that its chairman, …
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KEY POINTS Eskom has officially kicked off its long-awaited smart meter installation drive in KwaZulu-Natal, marking the start of a sweeping plan to modernise South Africa’s electricity network and tackle …
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Energy TransitionIn the NewsOil & Gas
Eni Targets 2026 Launch for Petronas Gas Venture as LNG Expansion Gathers Pace
KEY POINTS Italian energy giant Eni is gearing up to kick off its joint gas venture with Malaysia’s state-owned Petronas by 2026, marking another milestone in its strategy to expand …
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Energy TransitionIn the News
El-Sisi, ExxonMobil Discuss Deeper Energy Cooperation Amid Mediterranean Prospects
KEY POINTS President Abdel Fattah El-Sisi has held discussions with ExxonMobil’s Vice President for Global Exploration, John Ardill, on the future of the American energy giant’s operations in Egypt, with …
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KEY POINTS Prices of Liquefied Petroleum Gas (LPG), commonly known as cooking gas, have continued their sharp climb across Nigeria, driven by tightening supply and opportunistic market practices. Reports indicate …
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KEY POINTS Nigeria LNG Limited, NLNG, has urged African countries to seize control of their collective energy future by becoming key players in the global liquefied natural gas, LNG, market …
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KEY POINTS The long-running tension between Eskom, South Africa’s state-owned power utility, and Nersa, the National Energy Regulator, has escalated after the civil rights group AfriForum succeeded in temporarily halting …