Dan Marokane, appointed as Eskom’s CEO, is set to take office on March 1, 2024, amid expectations of transformation
Energy Sector
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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 Mathios Rigas highlighted that 2023 marked the company’s transformation into “the major independent gas producer in the Mediterranean
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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…
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Oando Plc, Nigeria’s leading indigenous energy firm, has recently partnered with Afreximbank to facilitate a major acquisition. They signed an $800 million loan agreement to fully acquire the Nigerian Agip…
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Nigeria requires $7.6 billion to elevate oil output to 2.1 million bpd by 2025, amidst energy sector shifts.
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The MSGBC Basin is becoming a new powerhouse in the global energy sector, with Senegal and Mauritania poised for their first gas production in 2024. They aim to boost local…
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In the era of dynamic leadership under President Colonel Mamadi Doumbouya, Guinea-Conakry is on an ambitious journey to develop its oil and gas sector. Spearheaded by the National Oil Company…