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In the News

  • In the News

    TotalEnergies Drawn Into Criminal Complaint in France Over Mozambique Killings

    by Oluwatosin Racheal Alabi November 24, 2025
    by Oluwatosin Racheal Alabi November 24, 2025

    KEY POINTS TotalEnergies is facing a fresh legal and reputational storm in France as a human rights group accuses the energy major of complicity in the torture and execution of …

  • Energy TransitionIn the News

    Nigeria’s Power Ambitions Falter as Lenders Warn Legacy DisCo Debts Are Scaring Off New Investors

    by Oluwatosin Racheal Alabi November 23, 2025
    by Oluwatosin Racheal Alabi November 23, 2025

    KEY POINTS Nigeria’s push to expand grid-connected electricity projects is running into an old and persistent obstacle as lenders and sector executives warn that the deep debts carried by Distribution …

  • Energy TransitionIn the News

    Salga Pushes for Eskom and Nersa Overhaul as Municipal Debt Spirals

    by Oluwatosin Racheal Alabi November 23, 2025
    by Oluwatosin Racheal Alabi November 23, 2025

    KEY POINTS South Africa’s municipalities are warning that the country’s electricity system is drifting towards an unsustainable breaking point unless sweeping reforms are introduced at Eskom and the National Energy …

  • Energy TransitionIn the News

    Eskom Warns Soaring Municipal Arrears Are Stalling Credit Improvements

    by Oluwatosin Racheal Alabi November 21, 2025
    by Oluwatosin Racheal Alabi November 21, 2025

    KEY POINTS Eskom has raised fresh alarm over the rapid growth of municipal debt, saying the rising arrears remain the single biggest obstacle to lifting the utility’s credit ratings and …

  • In the NewsOil & Gas

    Libya Moves Into Final Stretch of First Oil Exploration Bid Round in 17 Years

    by Oluwatosin Racheal Alabi November 21, 2025
    by Oluwatosin Racheal Alabi November 21, 2025

    KEY POINTS Libya’s National Oil Corporation said it is closing in on the last stage of its long-awaited public exploration bid round, marking a pivotal moment for a sector that …

  • In the NewsOil & Gas

    NNPC Faces Scrutiny as Audit Uncovers N684 Million in Irregular Contracts

    by Oluwatosin Racheal Alabi November 21, 2025
    by Oluwatosin Racheal Alabi November 21, 2025

    KEY POINTS Nigeria’s state oil company, NNPC, is again under pressure after a fresh audit by the Office of the Auditor-General of the Federation detailed more than N684 million in …

  • In the NewsOil & Gas

    ExxonMobil Revives Mozambique LNG Plan After Years of Insurgency Disruptions

    by Oluwatosin Racheal Alabi November 21, 2025
    by Oluwatosin Racheal Alabi November 21, 2025

    KEY POINTS ExxonMobil has formally resumed work on its long-delayed natural gas project in northern Mozambique, marking its first decisive step back into the troubled region more than four years …

  • Energy TransitionIn the News

    CrossBoundary Energy Secures 200 Million Dollars to Scale Renewable Projects Across Africa

    by Oluwatosin Racheal Alabi November 20, 2025
    by Oluwatosin Racheal Alabi November 20, 2025

    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 NewsOil & Gas

    Shell Targets Month-End Restart for Pernis Refinery After Major Overhaul

    by Oluwatosin Racheal Alabi November 20, 2025
    by Oluwatosin Racheal Alabi November 20, 2025

    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 …

  • Energy TransitionIn the News

    Ikeja Electric Cuts Off Lagos Residents in Dispute Over N2.1 Million Legacy Debt

    by Oluwatosin Racheal Alabi November 20, 2025
    by Oluwatosin Racheal Alabi November 20, 2025

    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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Editors' Picks

Nigeria’s Oil Boom: Record Production in September 2023

Femi Otedola Exits Geregu Power in $750 Million Stake Sale
Nigeria’s Tinubu Approves Write-Off of Billions in NNPC Debt to Government Account

Latest Stories

Femi Otedola Exits Geregu Power in $750 Million Stake...
Nigeria’s Tinubu Approves Write-Off of Billions in NNPC Debt...
Chevron Tankers Deliver Venezuelan Oil to US Ports Despite...

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