In the News

KEY POINTS ExxonMobil has begun winding down its oldest steam cracker on Singapore’s Jurong Island, marking a significant shift in the company’s Asian petrochemicals strategy at a time of persistent …

KEY POINTS Turkiye has moved to deepen the resilience of its gas supply mix after state-owned pipeline operator BOTAS struck two separate long-term agreements for liquefied natural gas with Germany’s …

KEY POINTS Oil prices steadied on Thursday, with traders weighing Ukraine’s latest strike on Russian energy infrastructure against the reality that diplomatic efforts to halt the war appear to have …

KEY POINTS The Nigerian Electricity Regulatory Commission, NERC, has signalled a far tougher stance on delinquent Distribution Companies after revealing that some operators have refunded only a fraction of the …

KEY POINTS The Nigerian National Petroleum Company Limited, NNPC, has once again found itself under pressure after the Auditor-General raised concerns over more than £14 million reportedly spent on the …

KEY POINTS The African Energy Chamber has sharply criticised the UK government’s decision to pull more than a billion dollars in support from Mozambique’s flagship LNG development, saying the move …

KEY POINTS Oil prices drifted lower on Tuesday as traders stepped back to reassess the fragile mood around the Russia–Ukraine peace track, while fresh signals of rising stockpiles and wider …

KEY POINTS Eskom has set out a fresh timetable to scrap load reduction across the country by 2027, marking its most assertive attempt in years to stabilise a battered distribution …

KEY POINTS Namibia’s electricity outlook has brightened following Eskom decision to conclude firm power-supply agreements with both Namibia and Botswana, arrangements scheduled to take effect from 1 April 2025. The …

KEY POINTS The Nigerian Upstream Petroleum Regulatory Commission, NUPRC, has opened the country’s latest oil licensing round, unveiling a fully digital bidding portal in an effort to revive exploration interest …