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Energy
Top stories
Shell has awarded a $16 million drilling contract to Northern Ocean Limited (NOL) to explore Namibia’s offshore Petroleum Exploration Licence 39 (PEL 39).
South African nation Namibia has unveiled a $1.76 billion plan to expand renewable energy and attract private investment into its power sector.
Following the dramatic shakeup of Nigeria’s upstream and downstream sector leading to the resignation of their heads, President Bola Tinubu has now nominated two new officials to lead the agencies.
The recent price reduction from Dangote refinery is unprecedented in Nigeria’s downstream history. One might consider the move the trump card to stay ahead of importers, and disrupt an unyeilding market.
Africa’s richest man’s, Aliko Dangote, refused to pull his punches following a feud with downstream regulator, Farouk Ahmed. What follows was a public smear, allegations, climaxing on the latter losing his job.
Oil production in Namibia, projected to be by 2030, primarily depends on these two oil majors – Total Energies and Shell Plc. With offshore exploration ongoing, both oil firms are racing to produce their first crude.
Mozambique is fast emerging as one of Africa’s most attractive destinations for gas investment. In 2025 alone, the country attracted oil majors such as Exxon, Total and Eni. The question now is whether Mozambique is set to become the next major chapter in Africa’s gas story.
Uganda UNOC has confirmed ongoing plans to borrow $2 billion from a unit of global commodities trader Vitol to finance the construction of a crude oil refinery and other infrastructure projects.
Africa’s oil and gas sector is expected to grow drastically in 2026. From FIDs to new projects and pipeline construction, the continent’s oil and gas boom seems to be on the horizon.
The dispute between Dangote refinery and other players in Nigeria’s downstream sector has taken a drastic turn. President of the refinery is now taking the fight to the doorstep of the downstream regulators themselves, practically picking on their boss.
Kenya has signed a $311 million agreement with Africa50 and India’s Power Grid Corporation to construct two high-voltage electricity transmission lines under a public-private partnership.
Sun King, an off-grid solar energy company, has raised $40 million in equity financing from Lightrock to expand decentralised solar systems across Africa and Asia.
Dangote Refinery has disclosed that the United States has become its largest foreign supplier of crude oil, delivering no less than 100 million barrels each year.
Africa’s oil and gas industry witnessed a wave of landmark deals in 2025. This surge was driven largely by final investment decisions (FIDs) and acquisitions in Nigeria, Angola, Uganda, and Namibia.
Zimbabwe plans to begin construction of its first floating solar power plant in 2026, as the country seeks to expand electricity generation and reduce exposure to climate-related disruptions affecting hydropower output.
Aliko Dangote has declared that no serious investor would be willing to purchase Nigeria’s moribund state‑owned refineries, describing them as unprofitable assets trapped in a sector plagued by corruption and sabotage.
Africa experience a surge in renewable adoption, especially with solar energy, in 2025. In this article, we highlight some of the top solar energy projects completed across the continent within the year.
The Dangote Petroleum Refinery has reduced its petrol gantry price from N828 ($0.57) to N699 ($0.48) per litre ahead of the festive season, a senior official of the company reveals.
In most African countries, electricity is still being viewed from a political and moral standpoint, and not an economic one. The business of utility providers are often been muddled with political control.
After new data suggested it may not yet meet half of local demand, the mega Dangote refinery is pledging to push out 1.5 billion liters of petrol in a move that appears to be the firm’s way to winning back public narrative.
