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Energy
Top stories
Angola plans to increase the number of awarded oil and gas concessions to 60 by the end of 2025 as part of its continued drive to open up the country’s energy sector and attract global investors.
Ethiopia has officially launched construction of a 3.5 million tons per year (70,300 bpd) crude oil refinery in Gode, Somali Region, in a major effort to support the country’s industrial development.
Tanzania major city, Zanzibar, has launched an $8.4 million electricity stabilisation project aimed at modernising its grid and ending years of unreliable supply and costly blackouts.
US energy firm, Chevron, has completed seismic data acquisition for Blocks 49 and 50 in Angola and is now moving into the data processing phase.
Nigeria’s UTM Offshore is considering a partnership with Seplat and Vitol to launch its $5 billion floating LNG project, the first in the country.
French energy major TotalEnergies has postponed the restart of its $20 billion liquefied natural gas (LNG) project in northern Mozambique until 2029, citing ongoing security challenges in Cabo Delgado province.
Nigeria’s oil and gas sector holds vast opportunities for investors seeking where to channel their capital. But the landscape is complex and requires careful understanding. This article breaks it down in detail.
South Africa’s state-owned power utility, Eskom, lost approximately R481 billion ($27.9 billion) in economic output due to load shedding in 2024.
Italian energy giant Eni is set to sign a final investment decision (FID) for Mozambique’s $7.2 billion Coral Norte floating liquefied natural gas (FLNG) project.
The government of Nigeria has confirmed that the Dangote Group will reinstate workers recently disengaged from the Dangote Refinery.
Angola’s state oil company, Sonangol, has announced that only 30% of its shares will be listed on the stock market as part of a gradual privatisation plan designed to attract foreign investors and improve transparency in the country’s petroleum sector.
South Africa’s state-owned power utility, Eskom, has recorded its first full-year profit in eight years, signaling a turnaround after prolonged financial losses and power shortages.
ExxonMobil is seeking security assurances from the Government of Mozambique before moving ahead with its proposed $30 Billion Liquefied Natural Gas (LNG) terminal in the country’s northern region.
One of Germany’s biggest utility firm, RWE, has withdrawn its suppport from Namibia’s $10 billion Hyphen Hydrogen Energy project.
The future of Africa’s energy transition will be shaped by various commodities, with LNG playing a central role. This presents immense opportunities for the continent, especially if they are effectively harnessed.
Uganda has received the final shipment of pipes for the $5 billion East African Crude Oil Pipeline (EACOP) project, marking a major step toward its first oil production next year.
South Africa’s power sector has added 9,600MW of capacity following the commercial operation of Unit 6 at Kusile Power Station, confirmed by state utility Eskom
Equatorial Guinea has signed a major agreement with US energy giant Chevron to develop the Aseng Gas Project, marking a significant step in the country’s ambition to become a leading liquefied natural gas (LNG) processing hub in Africa.
Renewable energy adoption is growing rapidly in Nigeria, to the point where it could be described as a boom. This growth is no accident. It is being driven by government policies, market dynamics, and a shift in customer attitudes.
Nigeria’s Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has called on its members, including TotalEnergies, Shell, Oando and others, to halt gas supply to the Dangote refinery over the mass layoff of workers.
