In the News

Iran says the Strait of Hormuz will stay shut until the United States meets seven conditions, leaving oil above $100 and energy markets anxious

KEY POINTS Chevron has agreed to acquire a 10% stake in an offshore exploration licence in Namibia’s Orange Basin from Custos Energy for $11 million, strengthening its position in one …

KEY POINTS A $16 billion oil refinery planned by Nigerian billionaire Aliko Dangote in Kenya is facing a fresh legal challenge after a consumer-rights organisation petitioned a court to halt …

KEY POINTS South Africa’s state-owned electricity utility,Eskom, has extended its waiver of registration-related charges for eligible customer-owned solar power installations connected directly to its distribution network, allowing households additional time …

KEY POINTS Libya’s state-owned National Oil Corporation, NOC, has announced that production at the Sharara oil field, the country’s largest oil-producing asset, has risen to more than 340,000 barrels per …

KEY POINTS The Nigerian National Petroleum Company, NNPC, Limited spent N11.2 trillion to protect Nigeria’s oil and gas assets in 2025 on behalf of the federal government, according to its …

KEY POINTS The Transmission Company of Nigeria, TCN, has restored the 330kV Kainji-Birnin Kebbi single-circuit transmission line after nearly a month of disruption caused by the collapse of a transmission …

Ghana’s environmental regulator has threatened to close a Chinese-owned gold mine over an alleged unreported spill, as scrutiny of Gold Fields’ Tarkwa mine grows.

Congo will audit major mining companies every year from 2027 to check whether they are steering enough contracts to Congolese-owned businesses.

KEY POINTS Total Exploration and Production Nigeria Limited and Conoil Producing Limited have made a new hydrocarbon discovery in the offshore waters of western Nigeria, adding to the country’s known …