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In the News

  • In the News

    Nigeria Brings Solar Power to Communities Without Electricity for Over a Century

    by Ikeoluwa Juliana Ogungbangbe August 22, 2024
    by Ikeoluwa Juliana Ogungbangbe August 22, 2024

    Nigeria brings solar power to three remote communities, ending a century-long absence of electricity.

  • Energy TransitionIn the News

    OptiPower, Abengoa JV Lands R1.2bn Solar Contract for Mining Firm

    by Motoni Olodun August 22, 2024
    by Motoni Olodun August 22, 2024

    OptiPower and Abengoa JV win a R1.2 billion solar contract for a South African mining company, marking a significant shift towards renewable energy in the industry.

  • In the News

    Oil Prices Drop $1 After US Jobs Data Revision Sparks Economic Concerns

    by Victor Adetimilehin August 22, 2024
    by Victor Adetimilehin August 22, 2024

    Oil prices fell $1 per barrel following a significant revision of U.S. jobs data, sparking fears of economic slowdown and adding to global market uncertainty.

  • In the News

    Consol Energy, Arch Resources Merge to Form $5 Billion Coal Giant

    by Victor Adetimilehin August 22, 2024
    by Victor Adetimilehin August 22, 2024

    Consol Energy and Arch Resources merge to form Core Natural Resources, a $5 billion coal giant aiming to expand its influence in fast-growing Asian markets.

  • In the News

    South Africa’s Renewable Energy Projects Double, Reaching 133GW in 2024

    by Adenike Adeodun August 21, 2024
    by Adenike Adeodun August 21, 2024

    South Africa’s renewable energy projects hit 133GW in 2024, stressing the urgency for grid upgrades and infrastructure investment.

  • In the NewsOil & Gas

    WEG Africa Delivers Substation E-House for Sasol’s Mozambique Project

    by Ikeoluwa Juliana Ogungbangbe August 21, 2024
    by Ikeoluwa Juliana Ogungbangbe August 21, 2024

    WEG Africa completes a durable substation E-house for Sasol’s Mozambique project, boosting energy production.

  • In the News

    Sasol Extends Gas Supply to 2027 as Bridge to LNG Imports

    by Motoni Olodun August 21, 2024
    by Motoni Olodun August 21, 2024

    Sasol extends gas supply from Mozambique’s fields to June 2027, using the period as a bridge to transition towards liquefied natural gas imports.

  • In the News

    Exxon, Chevron Face Off Over Hess Guyana Assets in Arbitration

    by Victor Adetimilehin August 21, 2024
    by Victor Adetimilehin August 21, 2024

    Exxon and Chevron clash in arbitration over Hess’s Guyana oil assets, with the valuation of these assets playing a key role in the $53 billion Chevron-Hess merger.

  • In the News

    Goldman Predicts Brent Oil Dip Amid Weak China Demand

    by Victor Adetimilehin August 21, 2024
    by Victor Adetimilehin August 21, 2024

    Goldman Sachs forecasts Brent crude prices could fall to $68 per barrel by 2025 due to weakened oil demand in China, as the country’s economic slowdown continues to impact global …

  • In the News

    AfriForum Seeks Nersa Refund for Consumers Over Unlawful Electricity Tariffs

    by Ikeoluwa Juliana Ogungbangbe August 20, 2024
    by Ikeoluwa Juliana Ogungbangbe August 20, 2024

    AfriForum demands refunds after a court finds municipal electricity tariffs unlawful, impacting millions of South African consumers.

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Nigeria’s Oil Boom: Record Production in September 2023

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Tanzania Scraps Taxes on Electric Vehicles and Natural Gas...
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