San Leon Energy, a London-listed oil and gas company, has announced a deal to secure $187 million in financing from a North American fund, Tri Ri Asset Management. The deal…
In the News
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Energy TransitionIn the News
South Africa’s Minister Advocates for Unified Development of Africa’s Oil and Gas Sector
In a recent event held in Cape Town, Gwede Mantashe, South Africa’s Minister of Mineral Resources and Energy, emphasized the importance of a collective and sustained approach to the development…
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Amid circulating reports about persisting petrol subsidies, the Nigerian National Petroleum Company Limited (NNPC) firmly quashed these speculations. Specifically, Mele Kyari, NNPC’s Group Chief Executive Officer, clarified there is no…
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World News Bangladesh is set to become the 33rd country in the world to produce nuclear power, with the help of Russia. The South Asian nation has received the first…
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Structural engineer and energy specialist Olatunji Ariyomo, emphasised the pressing need for Nigeria’s Federal Government to champion the development of local capacity in oil refinery construction, a move aimed at…
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South Africa, the continent’s most industrialised nation, is charting a roadmap to address its energy crisis through regulatory reforms, aiming to spur investments across its energy landscape. Tools such as…
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South Africa’s leading home appliance manufacturer, Defy, has shifted towards sustainability, launching a line of solar-powered appliances at its Ladysmith facility. This initiative, a significant push for eco-friendly solutions in…
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South Africa’s state-owned power utility, Eskom, is facing a worsening financial and operational crisis as two of its biggest customers, the cities of Pretoria and Ekurhuleni, have failed to pay…
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Oil prices rose sharply on Thursday, recovering from the previous day’s losses, as an OPEC+ panel decided to maintain its oil output cuts to support a tight supply situation amid…
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The European Union (EU) has announced a new aid package worth €650 million to Ethiopia, the first since it suspended direct support to the country in 2020 over human rights…