KEY POINTS Oil prices recovered on Thursday after falling by more than $1 a barrel during early Asian trading, as persistent geopolitical tensions in the Middle East offset concerns about …
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KEY POINTS US energy company Chevron has agreed to transfer a 25% non-operated interest in an offshore oil exploration licence in Namibia to QatarEnergy, expanding the Middle Eastern company’s participation …
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KEY POINTS Libya’s state-owned National Oil Corporation (NOC) has held discussions with an international consortium led by Spain’s Repsol, Turkey’s TPAO and Hungary’s MOL over plans to begin oil exploration …
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KEY POINTS Nigeria’s upstream oil regulator has approved 145 new well-drilling operations, 595 well re-entries and 39 field development plans so far in 2026 as the country steps up efforts …
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KEY POINTS South Africa’s state-owned power utility, Eskom, has announced that Unit 2 of the Koeberg Nuclear Power Station in Cape Town has successfully passed a major containment leak test, …
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KEY POINTS Electricity customers in parts of Delta State will experience a six-hour power outage on Wednesday, November 11, as the Transmission Company of Nigeria (TCN) carries out scheduled maintenance …
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KEY POINTS American oil major ExxonMobil has signed a memorandum of understanding (MoU) with Venezuela’s state-owned oil company, Petróleos de Venezuela (PDVSA), to assess potential investment opportunities in the country’s …
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KEY POINTS South Africa’s state-owned power utility, Eskom, has urged the Independent Communications Authority of South Africa (ICASA) to regulate the prices at which telecommunications licences are resold. The proposal …
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KEY POINTS The Federal Government plans to begin replacing ageing infrastructure across Nigeria’s national electricity grid in January 2027, as part of efforts to address persistent power supply challenges. Joseph …
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KEY POINTS South Africa’s Minister of Electricity and Energy, Kgosientsho Ramokgopa, and state-owned power utility Eskom are preparing to advance the country’s nuclear energy programme at a joint nuclear and …