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In the News

  • In the NewsOil & Gas

    Court Dismisses $19.6m Suit Against NNPC Over Contract Dispute

    by Oluwatosin Racheal Alabi May 29, 2026
    by Oluwatosin Racheal Alabi May 29, 2026

    KEY POINTS The Federal Capital Territory High Court in Abuja has dismissed a $19.6 million lawsuit filed against the Nigerian National Petroleum Company Limited, NNPC Ltd, by Alternate Dimensions Ventures …

  • In the NewsMarkets

    ExxonMobil Shareholders Approve Texas Incorporation Move

    by Oluwatosin Racheal Alabi May 29, 2026
    by Oluwatosin Racheal Alabi May 29, 2026

    KEY POINTS Shareholders of ExxonMobil have approved the company’s proposal to shift its legal incorporation to Texas, marking a significant corporate decision for one of the world’s largest energy companies. …

  • Energy TransitionIn the News

    Eskom Begins Construction of R1.2bn Solar Plant in South Africa

    by Oluwatosin Racheal Alabi May 29, 2026
    by Oluwatosin Racheal Alabi May 29, 2026

    KEY POINTS Eskom has commenced construction of a new R1.2 billion 75-megawatt solar power plant at the Lethabo Power Station in the Free State province, marking a major milestone in …

  • In the NewsOil & Gas

    African Billionaires Secure Historic Windfall as Shipping Crisis Redraws Global Oil Map

    by Oluwatosin Racheal Alabi May 29, 2026
    by Oluwatosin Racheal Alabi May 29, 2026

    KEY POINTS The prolonged blockade of the Strait of Hormuz has completely reshuffled the global oil order. Satellite imagery analyzed by German business publication WirtschaftsWoche and earth observation firm LiveEO …

  • In the News

    Ghana Is Racing to Hit Its 2027 Renewable Energy Target with a Solar Surge

    by Ikeoluwa Juliana Ogungbangbe May 29, 2026
    by Ikeoluwa Juliana Ogungbangbe May 29, 2026

    Ghana’s renewable energy capacity stands at 280MW and just 5 percent of its energy mix. Public and private solar investment is now pushing hard toward a 2027 target.

  • In the News

    World Bank Commits $50 Million to Bring Electricity to 147,000 People in Lesotho

    by Ikeoluwa Juliana Ogungbangbe May 29, 2026
    by Ikeoluwa Juliana Ogungbangbe May 29, 2026

    The World Bank has committed $50 million to expand electricity access to nearly 147,000 people in Lesotho through grid expansion and off-grid solar solutions.

  • In the News

    Angola Targets 9,000 Megawatts of Electricity Production by 2027 with New Hydro Dam

    by Ikeoluwa Juliana Ogungbangbe May 29, 2026
    by Ikeoluwa Juliana Ogungbangbe May 29, 2026

    Angola plans to grow electricity production from 6,400 to 9,000 megawatts by 2027, driven by the completion of the massive Caculo Cabaça hydroelectric plant.

  • In the News

    Carbon Pricing Hit A Record $107 Billion in 2025 as Global Coverage Expands Fast

    by Ikeoluwa Juliana Ogungbangbe May 26, 2026
    by Ikeoluwa Juliana Ogungbangbe May 26, 2026

    Carbon pricing generated a record $107 billion in public revenues in 2025, with nearly 30 percent of global emissions now covered, the World Bank’s annual report confirms.

  • In the News

    ECG Spends GH¢3 Million to Fix Power Reliability Across 40 Accra West Communities

    by Ikeoluwa Juliana Ogungbangbe May 26, 2026
    by Ikeoluwa Juliana Ogungbangbe May 26, 2026

    Ghana’s ECG has invested over GH¢3 million to fix power reliability across 40 communities in Accra West, targeting transformer overloading, vandalism and illegal connections.

  • In the News

    Sudan’s Electricity Grid Has Suffered $3 Billion in War Damage, UNDP Study Finds

    by Ikeoluwa Juliana Ogungbangbe May 26, 2026
    by Ikeoluwa Juliana Ogungbangbe May 26, 2026

    Sudan’s electricity grid has suffered up to $3 billion in war damage since 2023, forcing millions to rely on solar power as diesel prices soar and fuel disappears.

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Dangote, NNPC Clash Over Alleged Crude Supply Sabotage
Oil Prices Climb as Middle East Tensions Escalate
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