In the News

KEY POINTS Nigeria has become an important alternative supplier of aviation fuel to Europe as geopolitical tensions between the United States and Iran disrupt traditional supply routes from the Middle …

KEY POINTS The City of Cape Town has issued a tender to procure 500 megawatts of electricity from energy traders through power purchase agreements ranging from one to ten years. …

KEY POINTS Nigeria’s crude oil reserves fell slightly to 37.01 billion barrels as of January 1, 2026, down from 37.28 billion barrels recorded a year earlier, according to the Nigerian …

KEY POINTS Abu Dhabi-based investment holding group 2PointZero announced that its subsidiary ePointZero will acquire all equity interests in US natural gas infrastructure company Traverse Midstream Partners for $2.25 billion. …

Turkey’s Cagri Bey drillship has reached Somalia’s Curad-1 offshore well, marking the country’s first active oil exploration and triggering transparency demands

Ethiopia and Russia signed a nuclear energy development roadmap March 31, pushing Addis Ababa closer to its first reactor as hydropower risks mount

India is turning to Nigeria as a strategic energy partner as Strait of Hormuz disruptions from the US-Israel-Iran conflict reshape global supply routes

The World Bank, African Development Bank and Rockefeller Foundation launched a private sector council to electrify 300 million Africans by 2030

KEY POINTS Microsoft, Chevron and investment firm Engine No. 1 have entered into an exclusivity agreement to develop power generation and supply projects, as technology companies scramble to secure electricity …

KEY POINTS The Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, has called on the World Bank to support efforts to mobilise about $22 billion to bridge Nigeria’s gas infrastructure …