Energy Sector

Nigeria is on the brink of finalizing a significant deal that could see the sale of Exxon Mobil’s oil assets to indigenous oil firm Seplat Petroleum Development Company Plc. The …

Major oil and gas companies reported weaker-than-expected first-quarter earnings on Friday, as a sharp drop in natural gas prices compared to last year took a bite out of profits. The …

In a significant development for the oil industry, Trident Energy has initiated exploration activities in the Republic of Congo, signaling a new chapter in the country’s energy sector. The move …

Guinea finds itself in the grip of an escalating electricity supply crisis, underscoring the urgent need for decisive measures to address the country’s pressing energy challenges. The situation has reached …

Namibia is poised to make a crucial decision regarding its recent oil discovery, with expectations of reaching a final investment verdict by the end of 2024. The potential development signals …

Nigeria’s electricity grid suffered a catastrophic collapse mere weeks after implementing tariff increases, exacerbating the country’s energy crisis. The collapse, which occurred on April 15, underscores the fragile state of …

Nigeria faces the prospect of missing out on significant opportunities as oil prices soar towards the $100 mark, signaling potential windfalls for oil-producing nations. Despite being a major player in …

In a significant development for Nigeria’s energy sector, the Dangote Refinery has commenced shipments of fuel items to the local market. This move is poised to have a substantial impact …

A newly established Africa Energy Bank has announced plans to invest a substantial $5 billion in various oil and gas projects across the continent. The bank’s ambitious investment strategy aims …

Gambia’s outgoing Minister of Petroleum and Energy, Fafa Sanyang, has handed over the reins of the ministry to his successor, Sheikh Omar Faye. This transition marks a new chapter in …