KEY POINTS Chevron has dispatched a larger fleet of tankers to transport Venezuelan crude, sending 15 vessels carrying around 200,000 barrels per day, the most since March, under a U.S. …
In the News
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The UK and African Development Bank extend a $1bn guarantee for South Africa, securing municipal financing and supporting clean energy and utility reform projects nationwide
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South Africa continues to lead Africa’s renewable energy investment landscape as policy reforms, natural resources, and private capital combine to reshape the continent’s clean power future
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TotalEnergies secures a long-term extension of Libya’s Waha oil concessions, reinforcing upstream investment plans as the country seeks production stability and renewed foreign interest
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KEY POINTS Italy’s energy major Eni has agreed to sell a minority stake in Côte d’Ivoire’s Baleine offshore oil and gas project, bringing Azerbaijan’s state-owned oil company SOCAR into the …
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Energy TransitionIn the News
NISO Blames Multiple 330kV Line Trips, Generator Disconnections for National Grid Collapse
KEY POINTS Large portions of Nigeria went dark on Friday due to a system-wide collapse of the country’s electrical grid, according to the Nigerian Independent System Operator (NISO). NISO told …
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KEY POINTS Seplat Energy Plc hit an all-time high on the Nigerian Exchange (NGX) after gaining more than 15% in January 2026. This happened after one of its founding investors …
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KEY POINTS The renewed interest of Aliko Dangote in Congo’s potash resources is increasingly being viewed through an energy lens, as Africa’s richest man positions his industrial empire to play …
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In the NewsMarketsOil & Gas
NMDPRA Seeks $50bn Private Investment to Deepen Nigeria’s Midstream Petroleum Capacity
KEY POINTS The Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, has asked private investors to put between $30 billion and $50 billion into Nigeria’s midstream petroleum sector. They say …
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Energy TransitionIn the News
Eskom Starts 2026 With Stronger Grid as Improved Performance Cuts Outages
KEY POINTS Eskom says South Africa has entered 2026 with its most stable and resilient power system in at least five years, a development that is helping sustain economic activity …