KEY POINTS Neconde Energy has turned to the Federal High Court in Abuja in an attempt to stop the Nigerian Upstream Petroleum Regulatory Commission, NUPRC, from permitting a group of …
In the News
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KEY POINTS TotalEnergies is facing a fresh legal and reputational storm in France as a human rights group accuses the energy major of complicity in the torture and execution of …
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Energy TransitionIn the News
Nigeria’s Power Ambitions Falter as Lenders Warn Legacy DisCo Debts Are Scaring Off New Investors
KEY POINTS Nigeria’s push to expand grid-connected electricity projects is running into an old and persistent obstacle as lenders and sector executives warn that the deep debts carried by Distribution …
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KEY POINTS South Africa’s municipalities are warning that the country’s electricity system is drifting towards an unsustainable breaking point unless sweeping reforms are introduced at Eskom and the National Energy …
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KEY POINTS Eskom has raised fresh alarm over the rapid growth of municipal debt, saying the rising arrears remain the single biggest obstacle to lifting the utility’s credit ratings and …
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KEY POINTS Libya’s National Oil Corporation said it is closing in on the last stage of its long-awaited public exploration bid round, marking a pivotal moment for a sector that …
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KEY POINTS Nigeria’s state oil company, NNPC, is again under pressure after a fresh audit by the Office of the Auditor-General of the Federation detailed more than N684 million in …
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KEY POINTS ExxonMobil has formally resumed work on its long-delayed natural gas project in northern Mozambique, marking its first decisive step back into the troubled region more than four years …
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Energy TransitionIn the News
CrossBoundary Energy Secures 200 Million Dollars to Scale Renewable Projects Across Africa
KEY POINTS CrossBoundary Energy has raised 200 million dollars in additional senior debt to accelerate the roll-out of its renewable energy portfolio across Africa, marking one of the largest financing …
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KEY POINTS Shell is preparing to bring its 404,000-barrel-a-day Pernis refinery in Rotterdam back online before the end of November, following a lengthy maintenance programme that has taken large segments …