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In the News

  • In the News

    Ethiopia Banned Gas Car Imports and Now Over 100,000 Electric Vehicles Are on Its Roads

    by Ikeoluwa Juliana Ogungbangbe June 2, 2026
    by Ikeoluwa Juliana Ogungbangbe June 2, 2026

    Ethiopia banned fossil fuel vehicle imports in 2024, the world’s first such policy. Now over 100,000 of its 1.2 million registered vehicles are electric and powered by hydropower.

  • In the News

    Nigeria’s Blackouts Persist Despite $3.6B World Bank Loans

    by Ikeoluwa Juliana Ogungbangbe June 2, 2026
    by Ikeoluwa Juliana Ogungbangbe June 2, 2026

    Nigeria received $3.653 billion in World Bank power loans since 2001, yet daily blackouts persist, the national grid keeps collapsing and generator dependence remains the norm.

  • In the NewsMarketsOil & Gas

    Oil Production Unaffected Amid NUPRC Workers’ Strike

    by Oluwatosin Racheal Alabi June 2, 2026
    by Oluwatosin Racheal Alabi June 2, 2026

    KEY POINTS The Nigerian Upstream Petroleum Regulatory Commission,NUPRC, has assured stakeholders that Nigeria’s crude oil and gas production continues without disruption, despite an ongoing industrial action by workers under the …

  • Energy TransitionIn the News

    Eskom Releases Legacy Contracts After Court Order

    by Oluwatosin Racheal Alabi June 2, 2026
    by Oluwatosin Racheal Alabi June 2, 2026

    KEY POINTS South Africa’s power utility, Eskom, has complied with a Supreme Court of Appeal ruling by releasing previously withheld legacy energy contracts, marking a significant legal and transparency victory …

  • In the NewsMarketsOil & Gas

    Chevron Explores Upstream Investment Opportunities in Tanzania

    by Oluwatosin Racheal Alabi June 2, 2026
    by Oluwatosin Racheal Alabi June 2, 2026

    KEY POINTS US energy major Chevron Corporation is reportedly considering new upstream investment opportunities in Tanzania after expressing interest in oil and gas exploration during recent discussions with the country’s …

  • Energy TransitionIn the News

    Nersa to Monitor Eskom Smelter Tariff Relief Amid Scrutiny

    by Oluwatosin Racheal Alabi June 2, 2026
    by Oluwatosin Racheal Alabi June 2, 2026

    KEY POINTS The National Energy Regulator of South Africa NERSA, has confirmed it will closely monitor a new electricity relief arrangement granted to energy-intensive smelter operators, as scrutiny grows over …

  • In the News

    Sahara Group Launches Mauritania Bunkering Operations to Boost West Africa Maritime Trade

    by Ikeoluwa Juliana Ogungbangbe June 1, 2026
    by Ikeoluwa Juliana Ogungbangbe June 1, 2026

    Sahara Group has commenced bunkering operations in Mauritania after receiving a 2026 licence, deploying the FT NERVI tanker offshore Nouadhibou to supply compliant marine fuels.

  • In the News

    British International Investment Commits $20 Million to Anzana to Build Hydropower Across Africa

    by Ikeoluwa Juliana Ogungbangbe June 1, 2026
    by Ikeoluwa Juliana Ogungbangbe June 1, 2026

    British International Investment has committed $20 million to Anzana Electric Group to accelerate run-of-river hydropower construction across East, Central and Southern Africa.

  • In the News

    Savannah Energy grows Nigeria output 8% and revenue 17% in four months

    by Ikeoluwa Juliana Ogungbangbe June 1, 2026
    by Ikeoluwa Juliana Ogungbangbe June 1, 2026

    Savannah Energy grew Nigeria production 8% and revenue 17% to $104.1 million in four months while cash collections surged 48% year-on-year to $183.5 million.

  • In the News

    NNPC Profit Surges to N481 Billion in April as Oil Revenue Nearly Doubles

    by Ikeoluwa Juliana Ogungbangbe June 1, 2026
    by Ikeoluwa Juliana Ogungbangbe June 1, 2026

    NNPC Ltd posted N481 billion in profit after tax for April 2026, a 74 percent jump from March, as oil revenue surged 79 percent to nearly N5 trillion.

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  • Nigeria, Germany and the EU Just Gave Solar Mini-Grids a National Rulebook

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Nigeria’s Oil Boom: Record Production in September 2023

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NUPRC Reaffirms Zero Gas Flaring Goal by 2030
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