KEY POINTS After nearly a decade of legal siege, £50 million worth of prime London properties have been released from UK court restraints, marking the end of one of the …
featured
-
-
KEY POINTS In a move that could transform the North African country’s energy landscape and increase its export power, Algeria is nearing agreements with Exxon Mobil Corp. and Chevron Corp. …
-
KEY POINTS Although it provides some respite for drivers, the Nigerian National Petroleum Company Limited‘s, NNPC decision to lower the pump price of gasoline by ₦10 per litre at its …
-
Energy TransitionIn the News
Eskom Seeks Bidders for 291MW Solar Push to Ease South Africa’s Power Strain
KEY POINTS As part of its continuous efforts to stabilize the nation’s unstable electrical grid and lessen its dependency on aging coal-fired plants, South Africa’s troubled power company Eskom has …
-
KEY POINTS As the government works to regain investor confidence by aggressively repaying arrears owed to foreign energy partners, Egypt plans to increase natural gas production by more than half …
-
In the NewsMarkets
South African Court Blocks TotalEnergies’ Offshore Drilling Plan Over Flawed Review
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 …
-
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 …