Top stories
Energy
Top stories
The Zambian government is inviting local and international investors to explore opportunities in the country’s renewable energy sector, specifically for utility-scale solar projects.
Egyptian utility giant, Elsewedy Group, has signed a memorandum of understanding (MoU) with Algeria’s Investment Promotion Agency (AIPA) to invest up to $2.5 billion in the country, more than four times its current investment.
Ethiopia has officially launched the $5 billion Grand Ethiopian Renaissance Dam (GERD), the largest in Africa. But the mega project is met by opposition from neighbouring nations, including Egypt and Sudan.
Africa has secured a landmark $100 billion investment commitment to accelerate renewable energy expansion and drive green industrialisation, following a major cooperation deal signed at the Second Africa Climate Summit in Addis Ababa, Ethiopia.
Following improvement in output, the government of Senegal has revised upward its 2025 oil output forecast for the Sangomar offshore field to 34.5 million barrels from the previous 30.53 million barrels.
South Africa’s state-owned power company, Eskom, has imposed targeted load reduction in several major cities to ease pressure on transformers and substations affected by illegal electricity connections and power theft.
The standoff between Dangote refinery and petrol marketers have been brewing for quite some time now. But the dispute enters a new phase as the latter decide to call for a nationwide strike. What exactly is at stake here?
Brazilian oil giant, Petrobras, left Nigeria in 2020. Prior to its exit, the firm operated in the country for over 20 years. Now, it appears it’s staging a comeback. What exactly is driving its renewed interest in the West African country?
Angola said it will launch a new oil licensing round in the last quarter of 2025 as its crude oil production continues to fall below one million barrels per day (bdp).
West African nation, Ghana, said it has achieved stable electricity supply and is now exporting surplus power to neighbouring countries on the continent.
Angola, one of Africa’s top oil producers, is making a comeback as the continent’s leading supplier, driven by fresh investments from international oil companies and new reforms aimed at attracting and retaining investors.
Indian Oil Corporation (IOC) has turned to Nigerian and Middle Eastern crude supplies, skipping United States oil in its latest tender, a new report shows.
French oil major, TotalEnergies, is currently in talks with the Namibian authorities to extend an exploration license in the country’s popular Venus block under Petroleum Exploration License (PEL) 56.
British oil major, Shell Plc, has returned to Angola after a 20 year break, as the country seeks fresh investment to boost crude oil production and reverse years of decline.
Azule Energy, a joint venture company owned by Eni and BP, has successfully loaded its first cargo from the Agogo offshore field in Angola.
Angola sets to expects an additional $5 billion investment from Azule Energy, the joint venture between Italian oil and gas explorer Eni and British Petroleum (BP), to support its oil and gas sector over the next four to five years.
American oil major Chevron has inked a preliminary agreement with Angola’s upstream regulator the National Oil, Gas and Biofuels Agency (ANPG) to explore for oil in the country’s offshore block 33/24 located in the Lower Congo Basin.
Nigeria’s Dangote Refinery has shut its gasoline producing unit after catalyst leaks and other technical issues, with repairs expected to last at least two weeks, two industry sources familiar with the matter said.
Tanzania said it is building on Nigeria’s recent expansion of compressed natural gas (CNG) as it seeks to lower dependence on fuel powered cars and reduce its oil import bill.
North African nation, Morocco, has inaugurated its first 13 MW floating solar plant on the Oued Rmel Dam reservoir to power Tangier Med Port.
