Sintana Energy, a leading figure in the energy sector, has unveiled significant strides in its exploration endeavors within Namibia’s Orange Basin. The latest developments mark a pivotal advancement in unlocking …
Energy Sector
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South Africa’s power utility, Eskom, grapples with mounting financial hurdles as it seeks funds to overhaul its electricity grid. The state-owned company faces a daunting task in securing the necessary …
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South Africa is poised to make a ground-breaking move in its energy sector, signalling the imminent end of the role of Electricity Minister by the close of 2024. This decision …
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Nersa officially releases licenses for the National Transmission Company South Africa (NTCSA) in a pivotal step towards energy sector restructuring.
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Tullow Oil anticipates a significant cash flow increase, backed by its Jubilee South East project, driving shares up by 8%.
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Dan Marokane, appointed as Eskom’s CEO, is set to take office on March 1, 2024, amid expectations of transformation
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Energean, a prominent independent gas producer, has released impressive results, maintaining its trajectory towards achieving a daily production goal of 200,000 barrels of oil equivalent (boepd) despite geopolitical tensions. CEO …
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Geopolitical risks driving up oil prices could potentially position the energy sector for a comeback after lagging behind the rest of the US stock market for months. The S&P 500 …
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Chesapeake Energy, the second-largest natural gas producer in the United States, has announced a $7.4 billion deal to acquire its smaller rival, Southwestern Energy. The all-stock transaction, which values Southwestern …
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A massive winter storm swept across the U.S. East Coast from Florida to Maine on Wednesday, leaving more than half a million homes and businesses without power. The storm brought …