KEY POINTS The Forum of Commissioners for Power and Energy, FOCPEN, has dismissed reports suggesting that nearly two dozen Nigerian states have pulled back from implementing reforms under the Electricity …
Energy Transition
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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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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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Energy TransitionIn the News
Eni Commits $8 Billion to Egypt’s Energy Push in Five-Year Investment Drive
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 …
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Energy TransitionIn the NewsOil & Gas
Equatorial Guinea Strikes $690 Million Chevron Deal to Boost LNG Output
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 …
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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 …
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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 …
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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 …
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Energy TransitionIn the News
South Africa’s Former Eskom CEO Credits Diesel Burn, Plant Recoveries for Halt to Blackouts
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 …
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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 …