In the News

KEY POINTS Namibia’s biggest privately owned conglomerate, Ohlthaver & List (O&L) Group, led by billionaire executive chairman Sven Thieme, has sold its stake in Cleanergy Solutions Namibia to H2Infra NV, …

KEY POINTS ExxonMobil has entered into a new memorandum of understanding (MoU) with the government of Gabon, setting the stage for potential oil and gas exploration off the coast of …

KEY POINTS Africa’s richest man, Aliko Dangote, has revealed plans to double the capacity of his $20 billion oil refinery in Lagos to 1.4 million barrels per day, a move …

KEY POINTS Italian oilfield services giant Saipem has secured a string of new contracts and extensions from energy company Eni, valued at approximately $135 million, reinforcing its position as one …

KEY POINTS The Nigerian National Petroleum Company, NNPCL, has posted a total revenue of N4.27 trillion and a profit after tax of N216 billion for September 2025, underscoring a steady …

KEY POINTS Renaissance Capital has projected that Nigeria could reclaim its long-lost oil production strength, hitting over two million barrels per day (bpd) by 2026 if the government sustains its …

KEY POINTS South Africa’s state power utility, Eskom, has announced new measures to simplify and reduce the cost of connecting household and small business solar systems to the national grid, …

KEY POINTS Governor Umar Namadi of Jigawa State has joined other Northwest leaders at a high-level electricity symposium in Morocco, a move aimed at deepening regional energy cooperation and accelerating …

KEY POINTS South Africa has placed clean cooking squarely on the global energy agenda during its G20 Presidency, marking what officials describe as a significant step towards improving the lives …

KEY POINTS Egypt has raised prices across a broad range of petroleum products, its second increase this year, as the government continues efforts to rein in subsidies and narrow a …