KEY POINTS Ethiopia has formally launched the Grand Ethiopian Renaissance Dam (GERD), Africa’s largest hydroelectric dam, pressing ahead with an ambitious $5 billion undertaking that promises power for millions while …
In the News
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KEY POINTS The U.S. energy major claims that ExxonMobil’s deployment of drone-based inspection systems and sophisticated sonar imaging throughout its offshore operations in Angola will significantly increase safety, reduce downtime, …
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In the NewsMarketsOil & Gas
Nigeria Braces for Fiscal Strain as OPEC Pushes Ahead With Oil Output Hike
KEY POINTS The Organisation of the Petroleum Exporting Countries, OPEC, efforts to boost oil production could worsen the global supply glut and drive prices even lower than the budgetary benchmarks …
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KEY POINTS Following reports that suggested repairs could take months, Dangote Petroleum Refinery has denied claims that its gasoline unit was forced into a protracted shutdown, calling the rumors “fake …
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In the NewsMarkets
NUPENG Defies Government, Launches Nationwide Strike Over Dangote Refinery Dispute
KEY POINTS Despite government efforts to prevent a confrontation over alleged anti-labor practices at the massive Dangote Petroleum Refinery, Nigeria’s powerful oil workers’ union, NUPENG, pushed forward with a nationwide …
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Ten African countries lead in renewable adoption, with hydropower providing most electricity but exposing grids to climate and access challenges
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KEY POINTS The Petroleum Tanker Drivers (PTD), a critical arm of the sector, have openly rejected a strike call issued by the Nigeria Union of Petroleum and Natural Gas Workers, …
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KEY POINTS Indian Oil Corp, the country’s largest refiner, has stepped back from its usual appetite for American crude, choosing instead to snap up barrels from Nigeria and the Middle …
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KEY POINTS Amnesty International has declared that oil giant Shell cannot wash its hands of decades of environmental destruction in Nigeria’s Niger Delta, despite selling its subsidiary and exiting the …
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KEY POINTS South Africa’s embattled power utility Eskom has issued a stern warning to customers tampering with electricity meters is a crime, and offenders face steep fines or criminal charges. …