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Energy
Top stories
The lifting of TotalEnergies’ force majeure on Mozambique’s $20 billion LNG project marks a turning point for the country’s energy sector. But much has changed since the suspension was first imposed in 2021.
Kenya intends to establish a sovereign wealth fund for revenue from minerals and petroleum to cushion the economy against downturns and preserve wealth for future generations.
Nigeria’s newest and largest oil and gas free trade zone, the Liberty Free Trade Zone (LFTZ), is increasingly drawing energy developers and industrial investors, with billions of dollars in commitments.
The International Renewable Energy Agency (IRENA) has warned that Africa’s slow shift to renewable energy threatens global climate goals and could derail efforts to meet the Paris Agreement targets.
The Nigerian government plans to introduce a minimum capital adequacy requirement for electricity distribution companies (DisCos) as their operational licences approach renewal in 2028.
Ethiopia has faulted the European Union (EU) for taking what it described as a “biased and hostile” position in support of Egypt over the management of the Nile River and the $5 billion Grand Ethiopian Renaissance Dam (GERD).
The Dangote Refinery has announced plans to expand its internal, off-grid power generation capacity to 1,000 megawatts (MW) as part of its ongoing refinery expansion plan.
After selling its onshore assets for about $2.4 billion, Shell is strengthening its focus on offshore exploration in Nigeria — taking the lead among international oil companies like Total and Exxon in reaffirming their commitment to the country.
Nigeria has launched a major initiative to train over 10,000 young graduates and technicians in top oil and gas skills, aiming to bridge critical workforce gaps and prepare the next generation for emerging energy projects.
The mega Dangote refinery says it will leverage on the “Nigeria First” policies by the federal government to process every crude oil produced in the country as it plans to expand its capacity.
Aradel Holdings Plc, a leading independent oil and gas company in Nigeria, has signed a definitive agreement with ND Western Limited to increase its equity stake in the company by 40%.
French oil major TotalEnergies and its partners have officially lifted the force majeure on the long-delayed Mozambique LNG project, marking a major step toward reviving one of Africa’s largest energy investments.
Angola, one of Africa’s biggest hydrocarbons producers, generated $6.29 billion from crude oil exports in the third quarter of 2025, selling 90.95 million barrels at an average price of $69.16 per barrel.
Kenya is negotiating compensation deal with India’s Adani Group after President Ruto canceled a Ksh 96 billion ($744 million) power infrastructure project in October.
The removal of petrol subsidy in Nigeria reflects a deep sense of broken trust and the end of an unspoken agreement between citizens and their government. Without subsidy, Nigerians no longer have a say in how much they pay for fuel.
Eni has successfully concluded a four-month technical training programme for 16 young Mozambican engineers at its Corporate University in Italy to strengthen local expertise at the Coral Sul FLNG project off the coast of Mozambique.
Nipco Plc, a leading Nigerian energy conglomerate, has acquired a 19.4% stake in London-listed Savannah Energy Plc for £28.7 million ($38.2 million), a move that marks its entry into upstream and midstream energy investments.
The East African nation of Mozambique has rejected any form of negotiation with Portuguese oil company Galp in a capital gains tax dispute linked to the sale of its oil and gas assets.
Some rural dwellers in northern Nigeria in Kaduna have rejected the recent upgrade of their electricity feeder to Band A by Kaduna Electric, citing high tariffs and inadequate consultation.
South Africa’s ambitious 440 billion rand ($25 billion) power transmission expansion program has attracted major global interest including Indian billionaire Gautam Adani’s company and leading Chinese power firms.
