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Energy Crisis

  • In the NewsOil & Gas

    Africa Targets $120bn Refining Boom as Global Energy Crisis Deepens

    by Oluwatosin Racheal Alabi April 16, 2026
    by Oluwatosin Racheal Alabi April 16, 2026

    KEY POINTS African energy stakeholders are mobilising an estimated $120 billion to construct six large-scale refineries comparable to the Dangote Petroleum Refinery, in a bold move to shield the continent …

  • In the NewsOil & Gas

    IMF Monitoring Middle East Conflict as Energy Prices Surge and Markets Shake

    by Ikeoluwa Juliana Ogungbangbe March 4, 2026
    by Ikeoluwa Juliana Ogungbangbe March 4, 2026

    KEY POINTS The International Monetary Fund, IMF, said Tuesday it is closely monitoring the unfolding turmoil in the Middle East, pointing to disruptions in trade, rising energy prices and growing …

  • In the News

    Brazil Approves Return to Daylight Saving Time Amid Drought

    by Victor Adetimilehin September 20, 2024
    by Victor Adetimilehin September 20, 2024

    Brazil is considering bringing back daylight saving time to address its energy crisis amid a severe drought, awaiting final approval from President Lula.

  • In the News

    South Africa: Extra 2,500MW Expected to Strengthen Grid

    by Ikeoluwa Juliana Ogungbangbe August 13, 2024
    by Ikeoluwa Juliana Ogungbangbe August 13, 2024

    South Africa’s grid to gain 2,500MW, easing loadshedding, with improved power stations leading the way.

  • In the News

    EU Gas Security: Progress on Leaving Russia, But Cracks Show in Crisis Readiness

    by Victor Adetimilehin June 25, 2024
    by Victor Adetimilehin June 25, 2024

    The EU has taken steps to lessen dependence on Russian gas, but an audit identifies weaknesses in its readiness for potential future gas supply disruptions, including a lack of focus …

  • Energy Transition

    Power Producers Reject Flawed Energy Plan

    by Motoni Olodun March 21, 2024
    by Motoni Olodun March 21, 2024

    The South African Independent Power Producer Association (SAIPPA) has voiced strong opposition to the draft Integrated Resource Plan 2023 (IRP 2023), arguing that it is seriously flawed and inadequate to …

  • In the News

    Russia Slashes Fuel Exports After Drone Attacks and Fires

    by Victor Adetimilehin February 1, 2024
    by Victor Adetimilehin February 1, 2024

    Russia has drastically cut its gasoline and diesel exports to countries outside the former Soviet bloc, following a series of drone attacks and fires that damaged its refineries and fuel …

  • Energy Transition

    South Africa’s Nuclear Ambitions Spark Controversy and Criticism

    by Motoni Olodun December 13, 2023
    by Motoni Olodun December 13, 2023

    South Africa has announced its intention to build new nuclear power stations to boost its electricity supply and address its ongoing energy crisis. The government said it would invite bids …

  • In the News

    How Oil Prices Crashed Amid Global Energy Crisis

    by Victor Adetimilehin November 9, 2023
    by Victor Adetimilehin November 9, 2023

    The global oil market is facing a turbulent period as the war in Ukraine has triggered an energy crisis that has disrupted trade flows and exposed the weakness of the …

  • In the News

    Energy Crisis Triggers Record Complaints Against Suppliers

    by Victor Adetimilehin November 6, 2023
    by Victor Adetimilehin November 6, 2023

    A surge in consumer disputes over gas and electricity bills has been reported by the Energy Ombudsman, a watchdog that handles complaints about energy companies in the UK. The Ombudsman …

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Latest Stories

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  • Technip Energies Wins Gabon, Asia and North America Energy Contracts
  • Africa Renewable Investment Up 8% as Geopolitical Disruption Accelerates Energy Shift
  • Dangote Refinery Expands into Petrochemicals with $750,000MT Propylene Deal

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Editors' Picks

Nigeria’s Oil Boom: Record Production in September 2023

Iran war seen driving surge in Africa’s renewable energy investments, AVCA CEO says
Nigeria’s Finance Minister Warns US-Israel-Iran Conflict Is Fueling Energy Shocks and Inflation

Latest Stories

Iran war seen driving surge in Africa’s renewable energy...
Nigeria’s Finance Minister Warns US-Israel-Iran Conflict Is Fueling Energy...
Technip Energies Wins Gabon, Asia and North America Energy...

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