In the News

Kenya will begin producing electric SUVs next month, creating 3,000 jobs. The Afrigreen and Chery partnership marks a significant step in the EV market.

Hess shares drop significantly due to a new delay in its sale to Chevron, with arbitration pushing the merger timeline to late 2025 and impacting investor confidence.

OPEC+ keeps its current oil output policy unchanged, hinting at a possible pause or reversal of planned production hikes in October to stabilize the market.

Eskom races to meet the November deadline to recode prepaid electricity meters, ensuring continued service for South African users.

Zero Carbon Logistics and SANY to build electric truck charging stations on the N3 route.

Kenya’s Last Mile Connectivity Project receives JICA grant to connect more households to electricity.

The Nigerian House demands an audit before approving NNPCL’s plans to mortgage future crude oil assets amid financial scrutiny.

Oil prices surged nearly 3% due to escalating Middle East tensions and a significant drop in U.S. crude stockpiles, highlighting the volatile nature of global energy markets.

An aerial survey reveals that U.S. oil and gas fields emit methane at rates four times higher than federal estimates, indicating a much greater climate impact.

South Africa embraces steam turbines for sustainable energy, enhancing self-sufficiency and reducing carbon footprints in local industries.