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In the News

  • Energy TransitionIn the News

    Eskom Pays R5.4bn Bonuses Amid Financial Scrutiny

    by Oluwatosin Racheal Alabi June 15, 2026
    by Oluwatosin Racheal Alabi June 15, 2026

    KEY POINTS South Africa’s state-owned power utility, Eskom, has come under renewed scrutiny after disclosing that it paid about R5.4 billion in staff bonuses in the 2025 financial year, despite …

  • In the News

    MTN Nigeria Signs a 34MW Solar Deal to Cut Diesel Costs Across Its Critical Network Sites

    by Ikeoluwa Juliana Ogungbangbe June 15, 2026
    by Ikeoluwa Juliana Ogungbangbe June 15, 2026

    KEY POINTS Nigeria’s telecom operators spend hundreds of billions of naira every year keeping their networks alive on diesel. MTN Nigeria has decided it is done subsidizing that problem. The …

  • In the News

    ECOWAS Parliament Meets in Dakar to Tackle West Africa’s Rural Electricity Crisis

    by Ikeoluwa Juliana Ogungbangbe June 15, 2026
    by Ikeoluwa Juliana Ogungbangbe June 15, 2026

    ECOWAS Parliament has opened a five-day meeting in Dakar to develop strategies for expanding renewable energy and rural electrification across West Africa.

  • In the News

    TotalEnergies Restarted Its $20 Billion Mozambique Gas Project

    by Ikeoluwa Juliana Ogungbangbe June 15, 2026
    by Ikeoluwa Juliana Ogungbangbe June 15, 2026

    TotalEnergies has resumed its $20 billion Mozambique gas project after a five-year suspension, reigniting both hopes for prosperity and frustration over unfulfilled community promises.

  • In the News

    Tinubu Praises REA as Nigeria Inaugurates 20MW Solar Mini-Grid Projects in Kogi

    by Ikeoluwa Juliana Ogungbangbe June 15, 2026
    by Ikeoluwa Juliana Ogungbangbe June 15, 2026

    President Tinubu praised the REA as Nigeria inaugurated its largest solar hybrid mini-grid projects in North-Central, providing clean power to over 5,000 households.

  • In the NewsMarketsOil & Gas

    Shell Suspends $3bn Share Buyback Ahead of $16.4bn ARC Resources Deal Vote

    by Oluwatosin Racheal Alabi June 14, 2026
    by Oluwatosin Racheal Alabi June 14, 2026

    KEY POINTS British energy giant Shell has temporarily halted its $3 billion share buyback programme as it prepares for a crucial shareholder vote related to its proposed acquisition of Canadian …

  • In the NewsOil & Gas

    Libya’s NOC Partners SLB to Boost Output From Marginal Oil Fields

    by Oluwatosin Racheal Alabi June 14, 2026
    by Oluwatosin Racheal Alabi June 14, 2026

    KEY POINTS Libya’s National Oil Corporation (NOC) has intensified efforts to increase the country’s crude oil production by partnering with global oilfield services company SLB to develop its marginal oil …

  • In the News

    Tanzania Scraps Taxes on Electric Vehicles and Natural Gas in a Major Clean Energy Push

    by Ikeoluwa Juliana Ogungbangbe June 13, 2026
    by Ikeoluwa Juliana Ogungbangbe June 13, 2026

    Tanzania has scrapped taxes on electric vehicles, compressed natural gas and charging equipment in its 2026/27 budget to accelerate its clean energy transition.

  • In the News

    TCN Asks Lawmakers for Stronger Grid Protection Laws

    by Ikeoluwa Juliana Ogungbangbe June 13, 2026
    by Ikeoluwa Juliana Ogungbangbe June 13, 2026

    Nigeria’s TCN has told lawmakers the national grid can handle more power than it has ever received and needs stronger legal protection against vandalism.

  • In the NewsMarketsOil & Gas

    NNPC, Security Agencies Intensify Action Against Pipeline Vandalism

    by Oluwatosin Racheal Alabi June 12, 2026
    by Oluwatosin Racheal Alabi June 12, 2026

    KEY POINTS The Nigerian National Petroleum Company Limited, NNPC, has stepped up collaboration with security agencies to combat rising cases of pipeline vandalism and protect critical oil and gas infrastructure …

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  • Oluwo says Dangote Refinery Saved Nigeria from Economic Crisis
  • NNPC’s Investment in Dangote Refinery Rises to $2.84 Billion
  • NLNG Orders Three New Vessels to Boost Efficiency, Cut Costs

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Nigeria spent $1.39bn on foreign crude in Q1 2026
Liberia Cuts Power Imports After Restoring Mount Coffee Turbine
Oluwo says Dangote Refinery Saved Nigeria from Economic Crisis

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