In the News

Africa’s energy sector is transforming rapidly, presenting regulatory challenges such as policy harmonization, investment attraction, renewable integration, and building institutional capacity.

ScottishPower wins £28M Ofgem fines tax appeal as Court of Appeal reverses HMRC’s stance, confirming the fines are tax-deductible

Energy insecurity in Sub-Saharan Africa imposes substantial economic and social costs, including significant business losses, reduced GDP, higher operational expenses, and disruptions to essential services. Addressing these challenges is vital …

Trump suspends new offshore wind leasing, citing environmental and economic concerns. Renewable energy advocates express alarm at the policy shift.

Africa’s wind energy sector shows potential with projects like Lake Turkana, but challenges such as infrastructure and funding gaps remain significant barriers.

Rising energy tariffs in African cities are increasing operational costs for businesses and living expenses for households, hindering economic growth.

Libya sets sights on 1.6 million bpd in 2025, emphasizing sustainability and international collaboration in its energy sector transformation.

U.S. oil and gas rig count falls to 580, reflecting a year-over-year decline, as crude production slightly decreases and oil prices dip

SLB raises dividends, announces $2.3 billion buybacks, and anticipates steady 2025 revenues despite oil oversupply concerns.

Russian fuel exports fell by 10 percent in 2024 due to drone attacks, sanctions, and gasoline export bans.