KEY POINTS The Federal Government of Nigeria has reiterated its strategic ambition to position the country as the dominant hub for refined petroleum products across West Africa. This was disclosed …
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KEY POINTS The Natural Oil and Gas Suppliers Association of Nigeria, NOGASA, has issued a stern warning that it may suspend operations across the country if Dangote Refinery proceeds with …
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Energy Transition
Eskom Ordered to Pay Over R1 Billion to Framatome Over Koeberg Steam Generator Dispute
KEY POINTS South Africa’s national power utility Eskom has been ordered by a high court to pay more than R1 billion to French nuclear energy company Framatome. The judgment comes …
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Oil & Gas
Libya’s NOC and AGOCO Strengthen Plans to Harness Associated Gas from Messla and Sarir Fields
KEY POINTS The National Oil Corporation, NOC, of Libya, through its General Gas Department, held a strategic meeting with the Arabian Gulf Oil Company (AGOCO) to accelerate development initiatives at …
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KEY POINTS South Africa’s state-owned power utility, Eskom, has unveiled a sweeping new energy strategy that will see the company reduce its dependence on coal and make a decisive shift …
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KEY POINTS Nigeria’s crude oil production reached a significant milestone in June 2025, as the country hit its assigned output quota of 1.5 million barrels per day (bpd), according to …
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Energy Transition
Mozambique, Aiteo Launch 240,000 bpd Refinery to Position Nation as Regional Energy Hub
KEY POINTS Aiteo, one of Africa’s leading energy companies, has signed a major engineering, procurement, and construction (EPC) agreement to develop a 240,000 barrels-per-day refinery in Mozambique. The project is …
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Venture Global shares plunged after its 2025 profit forecast missed Wall Street expectations, raising concerns over rising costs and revenue declines.
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Oil prices hit a six-month low after OPEC+ confirmed a production increase, while U.S. tariffs and geopolitical tensions added market uncertainty.
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Finland will release the Eagle S tanker, suspected of Baltic cable damage, as authorities continue their investigation into the disruption.