Energy

Despite promises from the Ministry of Power that President Bola Ahmed Tinubu would meet with electricity generation companies over the N4.7 trillion debt owed to them, nearly two months have …

Shell Nigeria Exploration and Production Company Limited (SNEPCo), a subsidiary of global energy giant Shell, has acquired an additional 12.5 percent stake in Nigeria’s Bonga oil field from TotalEnergies, boosting …

Nigeria, Africa’s largest economy and most populous country, continues to export a large share of its mineral and agricultural resources in raw form despite having the potential to transform its …

Petroleum product marketers in Nigeria are expecting a possible drop in petrol pump prices this week, following a significant fall in international crude oil prices. This anticipated adjustment, according to …

Kenya has completed a major test of its ability to transmit 50 megawatts of electricity from Ethiopia to Tanzania through its national electricity grid. The successful trial is seen as …

At the Uganda Chamber of Energy and Minerals (UCEM) Budget Breakfast Meeting held on June 20 at Four Points by Sheraton, Deputy Executive Director of the National Planning Authority (NPA), …

Some of the biggest names in Africa’s oil and gas industry are preparing to attend the 24th edition of NOG Energy Week, which will take place from June 29 to …

Oando Plc has recorded a profit after tax of ₦113.06 billion in the first quarter of 2025, showing a strong 90.5 percent rise compared to the ₦59.35 billion it posted …

CLASP and the Global Energy Alliance for People and Planet (GEAPP) have announced the expansion of their Productive Use Financing Facility (PUFF) with a $6.1 million funding package. The initiative …

Yields on Nigeria’s Eurobonds have fallen to their lowest point in two months, following a rise in global oil prices and renewed confidence from international investors. This development is seen …