Energy

Auto Bucks Lenders, a fast-rising subsidiary of Alert Group, has announced a remarkable growth of over 100 per cent in profit since it started operations. The company made this known …

Zambia has signed a $1.1 billion deal with China’s Fujian Xiang Xin Corporation to build a large-scale crude oil refinery that will slash fuel imports and position the country as …

Delta State Governor, Sheriff Oborevwori, has promised to take strong steps to stop the frequent disturbances affecting the operations of Seplat Energy Plc in the state. The governor gave this …

Mozambican President Daniel Chapo is getting ready to visit Russia as part of plans to strengthen cooperation between the two countries. This was revealed on Tuesday by Mozambique’s Minister of …

Electricity users in Kenya are facing the burden of inflated power prices due to expensive contracts signed between Kenya Power and Independent Power Producers (IPPs), even though the private producers …

President William Ruto of Kenya has announced that the Kenya Pipeline Company (KPC) will be listed on the Nairobi Securities Exchange (NSE) in September 2025, marking the first step in …

President Bola Ahmed Tinubu on Tuesday evening received billionaire industrialist and Chairman of Dangote Group, Alhaji Aliko Dangote, at the Presidential Villa in Abuja for a private meeting, underscoring the …

President of Dangote Group, Aliko Dangote, has raised alarm over challenges facing his $20 billion Dangote Refinery, including difficulty accessing crude oil from Nigerian producers, leading the facility to import …

Portuguese energy company Galp is now set to begin direct talks with potential partners who have shown interest in joining its oil exploration project in Namibia. The company’s Co-Chief Executive …

The World Bank has agreed to finance the construction of the Mphanda Nkuwa hydropower plant in Mozambique. The massive project is valued at US$6.4 billion (about 406.4 billion meticais) and …