featured

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 …

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 …

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 …

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 …