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Energy

China’s CEEC to invest $1 billion in Egypt’s energy sector over five years

Chinese state-owned energy conglomerate China Energy Engineering Corporation (CEEC) is planning to invest up to $1 billion in Egypt’s energy sector over the next five years. 

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Egypt’s Petromaint wins $121 million contract for Iraqi oilfield as regional influence grows

Alexandria Petroleum Maintenance Company (Petromaint), a subsidiary of Egypt’s Ministry of Petroleum, has secured a $121 million contract to provide full maintenance services at the Zubair oilfield in Iraq. 

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Nigeria’s Dangote refinery lifts first crude oil from Ghana 

Dangote Refinery has imported crude oil from Ghana for the first time since it came on stream in a bid to boost its feedstock bank as domestic suppliers continue to supply below nominated volumes.  

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Kenya eyes 20,000MW nuclear power capacity by 2040

Kenya has targeted an ambitious plan of 20,000MW nuclear power capacity by 2040 to address chronic power shortages and foster economic growth.

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Nigeria reduces offshore oil cost recovery to 70% to boost revenue

Nigeria has reduced the amount oil companies can recover from their investments in offshore projects, as the government seeks more income to cover a widening budget gap.

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TotalEnergies denies discrimination of subcontractors in $20 billion Mozambique LNG project

French energy firm TotalEnergies has denied claims that it failed to comply with agreements tied to the development of local communities in Mozambique’s Cabo Delgado province.

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TotalEnergies signs $10 million MoU to support development projects in Mozambique’s Cabo Delgado

TotalEnergies has signed a $10 million memorandum of understanding (MoU) with Mozambique’s Agency for the Integrated Development of the North (ADIN) to fund development projects in Cabo Delgado, the gas-rich province plagued by years of insurgency.

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Nigeria’s Dangote refinery ships first petrol cargo to US

Nigeria’s 650,000 bpd Dangote refinery has exported its first gasoline cargo to the United States, marking a milestone in the plant’s growing supplies to the North American market. 

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Nigeria signs new offshore deal with TotalEnergies, Sapetro

Nigeria has signed a new deep water production sharing contract with French energy company TotalEnergies and local partner South Atlantic Petroleum (Sapetro).

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TotalEnergies secures permit for offshore exploration in Congo

French oil major, TotalEnergies, has secured a fresh permit to explore offshore oil block, known as Nzombo block, in the Republic of Congo.

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Angola completes phase one of $473 million Cabinda refinery

After years of delay, the first phase of the 60,000 barrels per day (bpd) Cabinda refinery project has been inaugurated by President João Lourenço, marking a major step in the country’s refining drive.

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Sonadrill signs two contracts to drill Angola’s offshore 

One of Africa’s leading deepwater oil and gas drilling companies Sonadrill has signed two drilling contracts to explore offshore Angola using its West Gemini and Sonangol Libongos vessels.

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Top ten African nations with the largest solar importation in 2025

Africa’s renewable energy adoption is gathering pace and setting a new trend. A recent report reveals that solar imports on the continent jumped by 60% in just one year. In this article, we explore the countries driving this growth.

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Ethiopia signs $2.5 billion deal with Nigeria’s Dangote Group to build a fertiliser plant

The government of Ethiopia has signed an agreement with Nigeria’s Dangote Group to build a 3 million tons per annum fertiliser manufacturing plant valued at $2.5 billion.

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Nigeria saves over $10 billion in FX earning as Dangote refinery slashes petrol imports

The Dangote Petroleum Refinery has become a central force in reshaping fuel supply across West and Central Africa, reducing Nigeria’s reliance on imported products and changing regional trade flows.

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Zambia eyes $11.6 billion in investment in energy sector by 2030

Zambia is seeking investors to commit $11.6 billion to its energy sector by 2030 as the country works to expand capacity and meet the surging demand for electricity driven by population growth and industrial needs.

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Egypt adds 60 mcfd of gas from new West Delta wells

Egypt has added two new wells to its gas production portfolio in the deep water West Delta, increasing supply by about 60 million cubic feet per day (mcfd).

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Ghana’s oil revenue jumps by 27.8% to $1.36 billion in 2024 despite low production

Despite a decline in crude oil production, Ghana’s oil revenue in 2024 increased by 27.8% to $1.36 billion, compared to $1.06 billion in 2023.

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Savannah Energy commissions $45 million gas compression plant in Nigeria

Savannah Energy has announced the commissioning of a new gas compression system, valued at $45 million, at its Uquo Central Processing Facility (CPF) in Akwa Ibom State. 

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Egypt signs $220 million solar manufacturing deal with UAE, other investors

Egypt has inked a $220 million contract for the Atom Solar Egypt project, involving investors from the UAE, China, and Bahrain to develop solar cells, panels, and energy storage systems in the Suez Canal Economic Zone (SCZONE).

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