KEY POINTS Oil prices climbed on Friday amid growing concerns over supply disruptions following attacks on energy facilities in Saudi Arabia and continued restrictions on shipping through the Strait of …
In the News
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Energy TransitionIn the News
Coega, Eskom Partner to Drive South Africa’s New Nuclear Build Programme
KEY POINTS State-owned Coega Development Corporation and power utility Eskom have signed a three-year strategic cooperation framework to support South Africa’s Nuclear New Build Programme (NNBP) and promote inclusive economic …
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KEY POINTS The Nigerian National Petroleum Company Limited, NNPC, Nigerian Upstream Petroleum Regulatory Commission (NUPRC), and Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, have outlined strategies to achieve Nigeria’s …
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KEY POINTS ExxonMobil is considering an $8 billion investment in Nigeria’s Owowo deepwater field, with a Final Investment Decision (FID) targeted by 2027, as the company renews its commitment to …
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GovernmentIn the News
African Energy Chamber Urges Nigeria and Senegal to Boycott London Summit Over Race Discrimination
Ghana and Mozambique walked out of the Africa Energies Summit over discrimination. The African Energy Chamber wants Nigeria and Senegal to do the same.
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Liberia’s electricity demand has surged to 143 megawatts but generation has not kept pace, forcing the country into load shedding and regional imports.
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In the News
Nigeria Heads to Paris Energy Forum Carrying $18.2 Billion in New Oil Approvals and Rising Output
KEY POINTS Nigeria is arriving in Paris next month with a clear message: the sector is open, the reforms are working, and the numbers back it up. Minister of State …
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In the News
Nigeria’s Power Companies Collected N204 Billion in January but Still Fell N63 Billion Short
Nigeria’s electricity distributors billed N268 billion in January 2026 but collected only N204 billion, widening a structural crisis across the power sector.
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In the News
Meet Olakunle Williams, The Visionary Billionaire Reshaping Africa’s Gas and Energy Sector
Olakunle Williams built a billion-dollar gas empire in five years. Here is how Tetracore Energy Group became one of Africa’s most powerful energy companies.
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KEY POINTS Global oil prices rose on Thursday as doubts over the durability of a ceasefire in the Middle East raised concerns that energy shipments through the strategic Strait of …