Energy

Libya’s Presidential Council has announced plans to investigate and audit major contracts in the country’s oil and electricity sectors following years of heavy spending with little progress. The media office …

Elektron Finance SPV Plc, a funding vehicle fully owned by Elektron Energy Development Strategies Limited, has launched a N200bn bond issuance programme and successfully completed its debut N4.64bn Series 1 …

Brent crude oil prices stayed close to $66 per barrel on Monday, continuing the sharp fall recorded last week. The drop in price followed fresh news that United States President …

The United States and Turkey have held fresh high-level talks aimed at strengthening cooperation on key regional issues, with the ongoing crisis in Libya topping the agenda. The meeting took …

The Democratic Republic of Congo (DRC) is set to host its largest-ever private energy investment in the east after U.S.-based Symbion Power LLC pledged $700 million for a 140-megawatt (MW) …

The Federal Government has announced that it has disbursed over N80 billion in student loans to Nigerian tertiary institutions, while also unveiling a N100 billion solar energy project for public …

The Transmission Company of Nigeria (TCN) has revealed that the Federal Government has spent over N88 billion to repair and restore damaged power transmission infrastructure across the country between 2021 …

Thousands of telecom towers across Nigeria may soon shut down due to a diesel supply crisis caused by a blockade at major fuel depots. The standoff, involving petroleum workers and …

President Bola Ahmed Tinubu has nominated 39-year-old Abdullahi Ramat as the new Chairman and Chief Executive Officer of the Nigerian Electricity Regulatory Commission (NERC). The announcement was made in a …

Zambia is positioning itself as a major player in the global race for energy transition minerals, as international demand for graphite, lithium, rare earth elements, and columbite-tantalite is expected to …