KEY POINTS As it speeds up its push into renewable energy throughout Southeast Asia, TotalEnergies has activated a solar-and-battery system at its lubricants plant in Vietnam. This is the French …
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In the NewsMarkets
Eskom Wins $3.1 Billion Tariff Dispute, Clearing Path for Steeper Power Price Hikes
KEY POINTS Following a multibillion-rand settlement with the country’s energy watchdog, South Africa’s troubled power utility Eskom Holdings SOC Ltd. has obtained regulatory approval to raise electricity tariffs by more …
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KEY POINTS Brazil’s state-controlled energy giant Petrobras is weighing a return to Nigeria’s upstream oil sector, signaling renewed interest in deepwater and ultra-deepwater exploration as Africa’s largest crude producer courts …
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KEY POINTS The Tanzanian government and Japan’s JGC Holdings Corp. have inked a memorandum of understanding to exchange technical know-how and aid in the development of Tanzania’s enormous offshore natural …
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KEY POINTS An important milestone in Eni SpA’s efforts to start the Republic of Congo’s first liquefied natural gas, LNG, project has been reached with the conversion of a decades-old …
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KEY POINTS The rollout of Dangote Refinery’s much-anticipated fuel distribution scheme has hit an unexpected delay, nearly two weeks after its scheduled launch, unsettling petroleum marketers and raising fresh questions …
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KEY POINTS Five years after the Brazilian state oil giant withdrew from Nigeria, President Bola Tinubu has convinced Petrobras to re-enter the West African nation. The agreement, which was finalized …
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KEY POINTS In an effort to restart production at a location that was once touted as a game-changer for the nation’s energy balance, Egypt is drilling three new wells at …
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KEY POINTS Nigeria’s production of oil increased in July, giving the continent’s biggest producer new impetus to recover barrels that were lost to sabotage, theft, and years of underinvestment. According …
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KEY POINTS Despite having a more reliable supply of electricity, some rural communities in Nigeria are paying higher electricity tariffs than urban Band A customers, according to the country’s federal …