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In the News

  • In the News

    Eskom Wins Appeal to Keep Five Coal Plants Open Until 2030

    by Adenike Adeodun June 21, 2024
    by Adenike Adeodun June 21, 2024

    Eskom wins appeal to keep five coal plants running under current emission limits until 2030, balancing power supply and environmental health.

  • In the News

    Gas Supply Issues from Nigeria Contribute to Ghana’s Ongoing Power Cuts

    by Ikeoluwa Juliana Ogungbangbe June 21, 2024
    by Ikeoluwa Juliana Ogungbangbe June 21, 2024

    Persistent gas shortages from Nigeria are worsening Ghana’s energy crisis, leading to frequent power cuts.

  • In the News

    Traditional Bakkie Giants Face Competition from Newcomers Amid Buying-Down Trend

    by Motoni Olodun June 21, 2024
    by Motoni Olodun June 21, 2024

    The dominance of traditional bakkie brands in South Africa is being challenged as economic pressures and a buying-down trend drive consumers towards more affordable options, according to WesBank.

  • In the News

    Oil Prices Climb on US Crude Draw and Rate Cut Hopes, Geopolitical Tensions Linger

    by Victor Adetimilehin June 21, 2024
    by Victor Adetimilehin June 21, 2024

    Oil prices surged on Thursday, fueled by a surprise draw in US crude oil inventories and speculation of a potential interest rate cut by the Federal Reserve. However, geopolitical tensions …

  • In the News

    UK Supreme Court Blocks Oil Well Expansion Near Gatwick

    by Victor Adetimilehin June 21, 2024
    by Victor Adetimilehin June 21, 2024

    Explore the implications of the UK Supreme Court’s decision to halt the expansion of oil wells near Gatwick Airport due to inadequate environmental impact assessments.

  • In the News

    South Africa Boosts Renewable Energy Manufacturing, Addresses Global Demand

    by Adenike Adeodun June 20, 2024
    by Adenike Adeodun June 20, 2024

    South Africa enhances renewable energy manufacturing with local investments, addressing global demand for solar and wind technologies.

  • In the News

    City of Tshwane Advances Plan to Secure 1,000 MW by 2026

    by Ikeoluwa Juliana Ogungbangbe June 20, 2024
    by Ikeoluwa Juliana Ogungbangbe June 20, 2024

    Tshwane advances its plan to secure 1,000 MW of electricity by 2026, focusing on partnerships with IPPs for sustainable energy solutions.

  • In the News

    Nigeria Announces $550 Million Investment in Gas Processing Facility

    by Victor Adetimilehin June 20, 2024
    by Victor Adetimilehin June 20, 2024

    In a significant development for Nigeria’s energy sector, the state-owned Nigerian National Petroleum Corporation (NNPC) announced a planned investment of $550 million with French energy giant TotalEnergies to develop a …

  • In the News

    French Senate Pushes for Golden Share in TotalEnergies

    by Victor Adetimilehin June 20, 2024
    by Victor Adetimilehin June 20, 2024

    The French Senate recommends a strategic share in TotalEnergies to assert government control and guide the company’s alignment with national climate policies

  • In the News

    South Africa, Morocco Lead Africa’s Offshore Wind Energy Development

    by Adenike Adeodun June 19, 2024
    by Adenike Adeodun June 19, 2024

    South Africa and Morocco are leading Africa’s offshore wind energy development, with significant growth in potential and market expansion.

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Nigeria’s Oil Boom: Record Production in September 2023

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Shell Suspends $3bn Share Buyback Ahead of $16.4bn ARC...
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