Nigeria approved a $10.3 billion offshore investment led by Eni.
The projects target Zabazaba and Etan fields on OPL 245, with output expected at...
Global wind capacity reached 1,299 GW after 165 GW added
China led growth, installing 120 GW, over half global total
Capacity must hit 320...
Global wind capacity reached 1,299 GW after 165 GW added
China led growth, installing 120 GW, over half global total
Capacity must hit 320...
Australia’s Ryzon to sell Nachu project to U.S.-listed Sow Good
Deal values asset at about $107 million after years of delays
Move...
Australia’s Ryzon to sell Nachu project to U.S.-listed Sow Good
Deal values asset at about $107 million after years of delays
Move...
Deal with Honeywell to produce propylene and detergent inputs locally
Projects aim to reduce imports and strengthen industrial value chains
Strategy...
Deal with Honeywell to produce propylene and detergent inputs locally
Projects aim to reduce imports and strengthen industrial value chains
Strategy...
Global battery storage capacity rose 40% year-on-year to 108 GW in 2025.
Installed capacity expanded more than elevenfold compared with 2021...
Global battery storage capacity rose 40% year-on-year to 108 GW in 2025.
Installed capacity expanded more than elevenfold compared with 2021...
IEA projects about two years for Middle East oil and gas production to return to pre-war levels.
Oil flows through the Strait of Hormuz fall from over...
IEA projects about two years for Middle East oil and gas production to return to pre-war levels.
Oil flows through the Strait of Hormuz fall from over...
Seoul opens talks with Algeria and Libya to secure alternative oil supplies
Heavy dependence on Middle East routes exposes refining system to...
Seoul opens talks with Algeria and Libya to secure alternative oil supplies
Heavy dependence on Middle East routes exposes refining system to...
African LNG exports rise 27% to 11.32 million tons in Q1 2026
Supply disruptions in the Middle East drive demand from Europe and...
African LNG exports rise 27% to 11.32 million tons in Q1 2026
Supply disruptions in the Middle East drive demand from Europe and...
Mulilo reaches financial close on 380 MW solar plant in Beaufort West
Plant to generate 818 GWh annually, supply businesses via PPA
Project avoids...
Mulilo reaches financial close on 380 MW solar plant in Beaufort West
Plant to generate 818 GWh annually, supply businesses via PPA
Project avoids...
ReconAfrica targets 2028 for first oil from its Kavango Basin project, pending a final investment decision within the next twelve months.
In December...
ReconAfrica targets 2028 for first oil from its Kavango Basin project, pending a final investment decision within the next twelve months.
In December...
Nigerian airlines paused a threatened strike pending April 22 talks
Jet fuel costs surged nearly 300%, from ₦900 to ₦3,300/liter
African carriers face...
Nigerian airlines paused a threatened strike pending April 22 talks
Jet fuel costs surged nearly 300%, from ₦900 to ₦3,300/liter
African carriers face...
Data center electricity use is expected to nearly double by 2030
Renewables and gas will supply most of the additional demand
Africa remains a...
Data center electricity use is expected to nearly double by 2030
Renewables and gas will supply most of the additional demand
Africa remains a...
AfDB structured a $140 million loan for a 1.1 GW wind project, with ILX investing $40 million
The deal uses a funded risk...
AfDB structured a $140 million loan for a 1.1 GW wind project, with ILX investing $40 million
The deal uses a funded risk...
Petrobras acquired a 75% stake and operatorship in offshore Block 3
The move supports its 2026–2030 strategy to expand oil and gas...
Petrobras acquired a 75% stake and operatorship in offshore Block 3
The move supports its 2026–2030 strategy to expand oil and gas...
Algeria launched “Algeria Bid Round 2026” covering seven exploration zones open to international companies.
Bidders must submit offers by...
Algeria launched “Algeria Bid Round 2026” covering seven exploration zones open to international companies.
Bidders must submit offers by...
Côte d’Ivoire signs $888 million deals at IMF-World Bank meetings
Agreements target social sectors and $300 million energy...
Côte d’Ivoire signs $888 million deals at IMF-World Bank meetings
Agreements target social sectors and $300 million energy...
Nigerian airlines warn of flight suspensions over soaring jet fuel
Kerosene prices jump nearly 300%, far above global increases
Supply risks, high...
Nigerian airlines warn of flight suspensions over soaring jet fuel
Kerosene prices jump nearly 300%, far above global increases
Supply risks, high...
Partnership with ANSER focuses on structuring and mobilizing financing
Mechanism relies on phased funding tied to project...
Partnership with ANSER focuses on structuring and mobilizing financing
Mechanism relies on phased funding tied to project...
TGS launches 19,500 km² offshore seismic project with Petroci
Authorities use advanced imaging to improve subsurface analysis without new...
TGS launches 19,500 km² offshore seismic project with Petroci
Authorities use advanced imaging to improve subsurface analysis without new...
BP has obtained a new hydrocarbon exploration permit in eastern Algeria, marking its return less than five years after exiting the country.
The...
BP has obtained a new hydrocarbon exploration permit in eastern Algeria, marking its return less than five years after exiting the country.
The...
South Africa’s 120 MW Doornhoek solar plant begins full operations
Facility to generate 325 GWh yearly, powering about 97,000 homes
Project supports...
South Africa’s 120 MW Doornhoek solar plant begins full operations
Facility to generate 325 GWh yearly, powering about 97,000 homes
Project supports...
Cameroon LNG export revenue falls to CFA350.1 billion in 2025
Stable export volumes suggest decline driven by lower global prices
LNG remains...
Cameroon LNG export revenue falls to CFA350.1 billion in 2025
Stable export volumes suggest decline driven by lower global prices
LNG remains...
Ghana will subsidize fuel prices by 2 cedis per litre of diesel and 0.36 cedi per litre of petrol starting April 16.
The measure will last one month as...
Ghana will subsidize fuel prices by 2 cedis per litre of diesel and 0.36 cedi per litre of petrol starting April 16.
The measure will last one month as...
Angola seeks partners for Lobito refinery, retains at least 51% stake
Project delayed; $4.8 billion financing gap remains
Zambia...
Angola seeks partners for Lobito refinery, retains at least 51% stake
Project delayed; $4.8 billion financing gap remains
Zambia...
Loan repaid via crude deliveries over seven years
Declining oil output underscores reliance on petroleum revenues
Gabon is using future oil...
Loan repaid via crude deliveries over seven years
Declining oil output underscores reliance on petroleum revenues
Gabon is using future oil...
Two agreements signed to develop cross-border power interconnection
Project aims to secure Namibia’s electricity supply
Line will link both countries...
Two agreements signed to develop cross-border power interconnection
Project aims to secure Namibia’s electricity supply
Line will link both countries...
Oman supports 500 MW solar plant with battery storage
Fuel storage deal aims to strengthen energy security
Botswana still relies heavily on coal and...
Oman supports 500 MW solar plant with battery storage
Fuel storage deal aims to strengthen energy security
Botswana still relies heavily on coal and...
Tender covers solar mini-grids in 27 villages in the Plateaux region
Project is part of a broader plan to electrify 317 localities
Backed by...
Tender covers solar mini-grids in 27 villages in the Plateaux region
Project is part of a broader plan to electrify 317 localities
Backed by...
Libya tests 130 km pipeline to reduce gas flaring
Project to recover 150 million cubic feet daily
Move aims to ease bottlenecks, improve gas network...
Libya tests 130 km pipeline to reduce gas flaring
Project to recover 150 million cubic feet daily
Move aims to ease bottlenecks, improve gas network...
BP acquires 60% stake in three offshore exploration blocks
Move follows growing interest from majors like TotalEnergies and Chevron
Namibia...
BP acquires 60% stake in three offshore exploration blocks
Move follows growing interest from majors like TotalEnergies and Chevron
Namibia...
Vitol will invest $130 million via Vivo Energy to expand fuel storage in Durban.
The project aims to double capacity to 500,000 m³ and strengthen...
Vitol will invest $130 million via Vivo Energy to expand fuel storage in Durban.
The project aims to double capacity to 500,000 m³ and strengthen...
AFC disbursed €43 million for Côte d’Ivoire solar project
Financing supports 66 MW plant to power over 100,000 homes
Project highlights...
AFC disbursed €43 million for Côte d’Ivoire solar project
Financing supports 66 MW plant to power over 100,000 homes
Project highlights...
TotalEnergies finds new hydrocarbons at Congo’s Moho offshore block
Discovery near existing infrastructure could speed up production
Move supports...
TotalEnergies finds new hydrocarbons at Congo’s Moho offshore block
Discovery near existing infrastructure could speed up production
Move supports...
Shareholders approve Montage Gold’s $170 million takeover of African Gold
Deal adds the Didievi project to strengthen Montage’s Côte...
Shareholders approve Montage Gold’s $170 million takeover of African Gold
Deal adds the Didievi project to strengthen Montage’s Côte...
Mulilo finalized financing for the 337 MWdc Middlepunt solar project under REIPPPP Bid Window 7.
The plant will supply 240 MWac under a 20-year...
Mulilo finalized financing for the 337 MWdc Middlepunt solar project under REIPPPP Bid Window 7.
The plant will supply 240 MWac under a 20-year...
Nigeria’s electricity generation rises to 4,300 MW in early April from 3,951 MW in late March.
Gas supply to power plants increases from about...
Nigeria’s electricity generation rises to 4,300 MW in early April from 3,951 MW in late March.
Gas supply to power plants increases from about...
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