KEY POINTS CrossBoundary Energy has raised 200 million dollars in additional senior debt to accelerate the roll-out of its renewable energy portfolio across Africa, marking one of the largest financing …
In the News
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KEY POINTS Shell is preparing to bring its 404,000-barrel-a-day Pernis refinery in Rotterdam back online before the end of November, following a lengthy maintenance programme that has taken large segments …
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Energy TransitionIn the News
Ikeja Electric Cuts Off Lagos Residents in Dispute Over N2.1 Million Legacy Debt
KEY POINTS Residents of a modest apartment block in Odukoya Estate, Lagos, have accused Ikeja Electric of plunging them into a week-long blackout after officials disconnected their supply over an …
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In the NewsOil & Gas
TotalEnergies Raises Stake in Nigerian Offshore Block After Strategic Asset Swap
KEY POINTS TotalEnergies has moved to deepen its presence in Nigeria’s offshore oil sector after signing a set of asset-swap agreements with Conoil Producing Limited, strengthening its control of one …
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In the NewsOil & Gas
ExxonMobil’s Fife Ethylene Plant to Shut After Four Decades as Hundreds Face Redundancy
KEY POINTS ExxonMobil’s decision to wind down operations at its Fife Ethylene Plant in Cowdenbeath has drawn a line under one of Scotland’s most significant industrial landmarks, ending forty years …
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In the NewsOil & Gas
TotalEnergies Pledges 100 Million Dollars to Expand Global Decarbonisation Technologies
KEY POINTS TotalEnergies has committed 100 million dollars to accelerate the development and deployment of technologies aimed at cutting emissions across the oil and gas sector, deepening the company’s involvement …
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KEY POINTS Petroleum tanker drivers in Plateau State have openly renounced their membership of the Nigerian Union of Petroleum and Natural Gas Workers, NUPENG, saying the union has consistently failed …
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KEY POINTS South Sudan says its crude exports have returned to normal levels after recent attacks on energy facilities in neighbouring Sudan temporarily disrupted shipments along the country’s main export …
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Energy TransitionIn the News
Former Eskom Chief Says Utility’s Troubles Began Before Democracy, Not With the ANC
KEY POINTS Jacob Maroga, who once sat at the helm of Eskom during the early years of rolling blackouts, has argued that South Africa’s enduring power crisis took root long …
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In the NewsOil & Gas
NOC and Eni Weigh 2025 Exploration Gains as Libya Pushes for Steady Energy Recovery
KEY POINTS The National Oil Corporation, NOC, has opened its annual round of technical reviews with Eni North Africa, taking stock of the Italian major’s progress in Libyan exploration as …