Newsletters

Energy

Afreximbank emerges as financial advisor in Equatorial Guinea’s $4.5 billion LNG project 

The African Export-Import Bank (Afreximbank) has been appointed as financial advisor for the $4.5 billion EG-27 liquified natural gas (LNG) project in Equatorial Guinea.

Follow the story

Tullow oil exits Gabon after $307 million assets sale to state oil firm

Tullow Oil has completed the sale of all its assets in Gabon to the state run Gabon Oil Company for $307 million and exited its operations in the Central African country.

Follow the story

South Africa seeks private developers for $22 billion grid expansion plan

South Africa is seeking private developers for a $22 billion (390 billion rand) grid expansion project to bolster the country’s energy security.

Follow the story

Nigeria’s NNPC says state-owned Port Harcourt refinery not up for sale

The Nigerian National Petroleum Company Limited (NNPC) has officially ruled out the sale of the state-owned Port Harcourt refinery.

Follow the story

Nigeria’s Dangote refinery rules out maintenance shutdown throughout 2025

The mega Dangote Refinery in Nigeria will not undergo any shutdown or maintenance for the rest of 2025, the company has confirmed.

Follow the story

Australia’s Kinetiko begins gas drilling in South Africa 

Australia’s oil firm, Kinetiko Energy has started a three-week drilling campaign in test well 271-KA03PT10 at its onshore gas project in South Africa designed to boost output.

Follow the story

Kenya launches first-ever battery storage system to power electricity grid

Kenya has launched its very first Battery Energy Storage System (BESS) to supply uninterrupted renewable power to its modular data center in the nation’s capital, Nairobi. 

Follow the story

Portugal  mulls connection to Morocco’s power network after recent blackout

Portugal is considering a potential connection to Morocco’s power network three months after a massive power outage plunged the Iberian Peninsula into darkness

Follow the story

Glencore JV to buy 37% stake in Africa’s biggest oil storage site in South Africa

A joint venture between Glencore and logistics firm Tristar Group has reached a deal to acquire a 37% stake in South Africa’s largest oil storage facility.

Follow the story

Algeria’s Sonatrach signs new deal with TotalEnergies, QatarEnergy for Ahara field

The national oil company of Algeria, Sonatrach, has signed a production sharing contract (PSC) with TotalEnergies and QatarEnergy for the Ahara perimeter in southeastern Algeria.

Follow the story

The renewable dilemma: Can South Africa exit coal for power in 2040?

South Africa’s bold plan to shift from coal-based power to a greener energy system is commendable. However, it raises concerns about the timeline’s feasibility and potential pushback from lobbying groups in the continent’s most industrialised nation.

Follow the story

Egypt’s Korra Energi to build $1 million hybrid solar plant at Eshpetco oil field

Egyptian energy firm, Korra Energi, has secured the contract to build a $1 million hybrid solar power plant for the Esh El Mallaha Petroleum Company (Eshpetco).

Follow the story

Solar giant, Sun King, seals $156 million deal to expand clean energy in Kenya

Sun King has signed a $156 million (KES 20.1 billion) agreement with Kenya to expand clean energy, marking the largest of its kind in Sub-Saharan Africa outside South Africa. 

Follow the story

Egypt, Cyprus sign deal for cross-border gas development to boost supply 

The Egypt’s Ministry of Petroleum & Mineral Resources has disclosed that natural gas from Cyprus’ Cronos field will be connected to gas infrastructure in Egypt to boost production in both nations.

Follow the story

Egypt turns to LNG imports amid falling local gas output

Egypt is increasing its reliance on Liquefied Natural Gas (LNG) imports to meet domestic energy needs, following a sharp drop in local gas production and growing power consumption.

Follow the story

Dangote refinery vs. petrol marketers: Inside the good, the bad, and the ugly

This article unpacks the Good, the Bad, and the Ugly of the Dangote-marketers showdown, revealing how ambition, resistance, and systemic friction collide in a sector that affects every Nigerian at the pump—and in the economy.

Follow the story

AfDB approves $322 million energy access funding for Tanzania, Zambia

East African nations, Tanzania and Zambia, are set to receive $322 million in financing from the African Development Bank (AfDB) to support electricity generation, transmission and clean energy access projects in the region.  

Follow the story

TotalEnergies sets conditions for final investment decision on Namibia’s Venus oil discovery

French energy major, Total Energies, has said it will not proceed with the development of its multi billion dollar Venus oil discovery in Namibia until it reaches a firm agreement with the Namibian Government.

Follow the story

Eskom bets on $6 billion Mozambique’s Cahora Bassa Dam to boost power supply

South Africa’s state-owned utility, Eskom, eyes a significant boost in power supply through a $6 billion expansion of Mozambique’s Cahora Bassa Dam, operated by Hidroeléctrica de Cahora Bassa (HCB). 

Follow the story

Dangote urges Nigerian government to ban import of refined petroleum products

The president of Dangote Group, Aliko Dangote, is urging the federal government of Nigeria to add refined petroleum products to the list of prohibited imports under the new “Nigeria First” initiative.

Follow the story