Markets

Savannah Energy, a British independent energy company, is facing challenges in its bid to acquire oil and gas assets in South Sudan from Malaysia’s state-owned Petronas. The deal, worth up …

Nigeria, a country with abundant oil and gas resources, is facing a chronic power crisis that affects millions of its citizens. The national grid is unreliable and insufficient, forcing many …

The Kenya Electricity Transmission Company Ltd (KETRACO) is gearing up for a groundbreaking initiative in the nation’s power transmission domain. The entity has recently secured funding from Agence Française de …

South African Minister for Electricity, Dr. Kgosientsho Ramokgopa, underscored the significance of inter-African collaboration in advancing decarbonisation and fortifying energy security across the continent. Speaking at the UNESCO 9th Africa …

Shell, a global energy leader, is set to revamp its offshore gas drilling in Mauritania. The highlight of this venture is the forthcoming Panna Cotta-1 wildcat well, which will be …

As the European energy landscape evolves, Algeria is emerging as a dominant force in the gas export arena. Harnessing its vast 159 trillion cubic feet of natural gas reserves, the …

The National Union of Electricity Employees (NUEE) has issued a 14-day ultimatum to the Minister of Power, Adebayo Adelabu, demanding swift action on pressing power sector challenges. Top of these …

Bowleven, an oil and gas company focused on the Etinde project offshore Cameroon, saw its share price plunge by 58% on Tuesday after warned of a possible cash crunch and …

The European Investment Bank (EIB), in its ongoing efforts to support eco-friendly initiatives, has signed a pivotal Memorandum of Understanding with the prominent African financial establishment, Compagnie Financière Africaine (COFINA). …

Aiming to capitalize on a recent surge in production from a principal African asset, Tullow Oil, which primarily focuses on African operations, is targeting a cash flow of $800 million …