KEY POINTS A South African court has thrown out environmental approval for an offshore oil and gas exploration project led by TotalEnergies, ruling that the French energy giant’s assessment failed …
featured
-
-
KEY POINTS An important milestone in Asia’s shift to low-carbon transportation fuels has been reached with the start of construction on the nation’s first large-scale facility for the production of …
-
KEY POINTS After the U.S. Energy Information Administration (EIA) predicted that Brent crude could average below $60 a barrel in the fourth quarter, a level last observed during the pandemic’s …
-
KEY POINTS According to new data from the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Nigeria’s daily fuel consumption fell precipitously in June, with overall supply levels reaching one …
-
KEY POINTS Both business titans and political leaders are criticizing South Africa’s power monopoly for attempting to block a crucial energy reform in court, which they say could jeopardize plans …
-
Oil & Gas
Nigeria’s Top Indigenous Oil Firms Post Strongest Output Gains in Years Despite Price Slump
KEY POINTS The largest domestic oil producers in Nigeria have made a remarkable production resurgence, posting some of their highest output figures in years despite declining world prices. In the …
-
Energy TransitionIn the NewsOil & Gas
Elektron Seeks N200 Billion in Bond Market to Power Lagos’ First Major Private Gas Plant
KEY POINTS Elektron Finance SPV Plc, the financing arm of Nigeria’s Elektron Energy Development Strategies, is stepping into the debt market with a bold N200 billion bond programme, betting big …
-
KEY POINTS With the signing of a significant LNG contract with Indian Oil Corp., Trafigura has made a new move into one of Asia’s fastest-growing gas markets. The Singapore-based company …
-
KEY POINTS Dr. Sam Amadi leans forward, palms flat on the table. “Predictable surprise,” he calls it. The former chairman of Nigeria’s Electricity Regulatory Commission (NERC) isn’t mincing words about …
-
KEY POINTS Global energy giants have long controlled Nigeria’s deepwater oil and gas fields, but a quiet but significant power shift is now taking place. The era of uncontested international …