In the News

KEY POINTS Uruguay’s offshore energy sector has attracted new international players following the entry of QatarEnergy and Chevron into exploration blocks operated by Shell, reinforcing global interest in hydrocarbon development …

KEY POINTS Nigeria’s crude oil production has rebounded significantly, rising from a historic low of 960,000 barrels per day in 2022 to an average of 1.71 million barrels per day, …

The heads of the IEA, IMF and World Bank are meeting Monday to tackle what they call the largest energy supply shock in modern history.

Kenya imports over 10 percent of its electricity from neighboring countries as rising demand pushes the national grid dangerously close to capacity limits.

Tanzania’s electricity demand is growing up to 15 percent a year, driven by industrial expansion, and the country is racing to build capacity ahead of need.

Eni has struck 2 trillion cubic feet of gas offshore Egypt at the Temsah Concession, offering timely relief as Middle East tensions triple import costs.

President Tinubu has approved a N3.3 trillion debt settlement to 15 power plants accumulated over a decade, in a bid to restore stable electricity supply

Somalia has officially launched its first offshore oil drilling campaign, with Turkey’s Cagri Bey vessel arriving to drill the historic Curad-1 well

KEY POINTS Nigeria’s Dangote Refinery has significantly increased exports of gasoline and urea fertiliser to African countries as supply disruptions triggered by the ongoing Iran war continue to strain energy …

A privately financed $300 million wind energy project targeting 200 megawatts of clean power has cleared a major stakeholder review in Liberia.