The African Export-Import Bank (Afreximbank) is taking a pivotal step towards executing the $3 billion emergency loan extended to Nigeria’s NNPC Limited. The bank recently began discussions with major oil…
In the News
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Shell, a global energy leader, is set to revamp its offshore gas drilling in Mauritania. The highlight of this venture is the forthcoming Panna Cotta-1 wildcat well, which will be…
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In 2022, energy sector emissions hit a concerning record of 37 billion metric tonnes. This marks a 1% rise from figures before the pandemic. But where does this leave the…
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As the European energy landscape evolves, Algeria is emerging as a dominant force in the gas export arena. Harnessing its vast 159 trillion cubic feet of natural gas reserves, the…
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Africa’s oil and gas industry is entering a new era of uncertainty and pressure as the world looks to accelerate its shift away from fossil fuels. According to a report…
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In a joint move, the Tanzanian government collaborates with the European Union (EU) and the United Nations Development Programme (UNDP). Their goal? To launch Tanzania’s first Energy Efficiency Action Plan.…
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The African continent is making significant strides in the renewable energy sector, particularly in green hydrogen, according to a report by The African Energy Chamber (AEC). Titled “The State of…
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Aiming for universal energy access by 2025, the Senegal government is moving ahead with multiple power plant projects. These plants will transition to gas-to-power facilities by 2024, aligning with the…
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Indonesia’s state-owned energy behemoth, Pertamina, is reportedly diversifying its international upstream portfolio through the acquisition of a new oil block in Gabon, West Africa. Pertamina Hulu Energi, a subsidiary of…
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Woodside Energy has agreed to postpone seismic surveying for its US$12 billion Scarborough and Pluto Train 2 gas project in Australia atter the Environmental Defenders Office (EDO) mounted an eleventh-hour…