In the News

KEY POINTS As part of its continuous efforts to stabilize the nation’s unstable electrical grid and lessen its dependency on aging coal-fired plants, South Africa’s troubled power company Eskom has …

KEY POINTS As the government works to regain investor confidence by aggressively repaying arrears owed to foreign energy partners, Egypt plans to increase natural gas production by more than half …

KEY POINTS A South African court has thrown out environmental approval for an offshore oil and gas exploration project led by TotalEnergies, ruling that the French energy giant’s assessment failed …

KEY POINTS After the U.S. Energy Information Administration (EIA) predicted that Brent crude could average below $60 a barrel in the fourth quarter, a level last observed during the pandemic’s …

KEY POINTS According to new data from the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Nigeria’s daily fuel consumption fell precipitously in June, with overall supply levels reaching one …

KEY POINTS Dangote refinery has lowered the wholesale price of gasoline, the second big action in two months to stabilize supply and ease pressure on petrol prices. On Tuesday, Dangote …

KEY POINTS In response to a contentious receivership claim involving Ikeja Electric, KEPCO Energy Resource Nigeria Ltd., NG Power-HPS Ltd., and New Electricity Distribution Company Ltd. have retaliated against Nigerian …

KEY POINTS Elektron Finance SPV Plc, the financing arm of Nigeria’s Elektron Energy Development Strategies, is stepping into the debt market with a bold N200 billion bond programme, betting big …

KEY POINTS Through a new joint venture, Fusion Fuel Green PLC, a small-cap clean energy company listed on the Nasdaq, is attempting to enter the specialized fuels market in South …

KEY POINTS MainPower Electricity Distribution Limited blames “code coverage conflicts” and other technical issues for the frequent blackouts that have affected parts of Enugu. These issues make it challenging to …