KEY POINTS South Africa’s state-owned power utility, Eskom, is planning to cut electricity tariffs after returning to profitability for the first time in eight years, a turnaround that its chairman, …
In the News
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In the NewsMarketsOil & Gas
Brent Crude Slides 6% in October as US-China Tensions and Rate Expectations Weigh on Oil
KEY POINTS Global oil markets are under renewed pressure as Brent crude prices dropped more than 6% in October, slipping toward $62 a barrel and struggling to hold above the …
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KEY POINTS Eskom has officially kicked off its long-awaited smart meter installation drive in KwaZulu-Natal, marking the start of a sweeping plan to modernise South Africa’s electricity network and tackle …
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Energy TransitionIn the NewsOil & Gas
Eni Targets 2026 Launch for Petronas Gas Venture as LNG Expansion Gathers Pace
KEY POINTS Italian energy giant Eni is gearing up to kick off its joint gas venture with Malaysia’s state-owned Petronas by 2026, marking another milestone in its strategy to expand …
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In the NewsMarketsOil & Gas
NNPC Raises Petrol Price to N992 in Lagos as Nigerians Brace for Tougher Times
KEY POINTS Nigeria’s state-owned oil company, the Nigerian National Petroleum Company, NNPC, has raised the pump price of petrol to N992 per litre in Lagos, up from N865, marking yet …
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Energy TransitionIn the News
El-Sisi, ExxonMobil Discuss Deeper Energy Cooperation Amid Mediterranean Prospects
KEY POINTS President Abdel Fattah El-Sisi has held discussions with ExxonMobil’s Vice President for Global Exploration, John Ardill, on the future of the American energy giant’s operations in Egypt, with …
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KEY POINTS Prices of Liquefied Petroleum Gas (LPG), commonly known as cooking gas, have continued their sharp climb across Nigeria, driven by tightening supply and opportunistic market practices. Reports indicate …
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Washington pushes deeper into Africa’s energy markets with investment-driven cooperation, seeking to counter China and expand long-term strategic influence
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Meta Description: Heirs Energies is advancing plans for Congo expansion, building on its success at OML 17 and promoting African-led growth in the energy sector.
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Dangote refinery now supplies 20 million litres daily, transforming Nigeria’s fuel market and boosting energy independence, says NMDPRA