Energy

The Federal Government of Nigeria has shut down the diving operations of Scorpion Oil Services onboard MV African Installer offshore Lagos, Nigeria, for operating without the requisite approvals and violating …

Oil prices dropped on Monday, extending a recent losing streak on concerns that an expected rise in U.S. interest rates would weaken fuel demand. Brent crude futures for September settlement …

Oman has flagged the source of liquefied petroleum gas (LPG) shipped into Tanzania, raising fears that some of the cooking gas used in Kenya could be from sanctioned countries, including …

JSE-listed Kibo Energy has extended its conditional 10-year take-or-pay power purchase agreement (PPA) for a 2.7 megawatt (MW) plastic-to-syngas power plant in Gauteng, to 20 years. Kibo CEO Louis Coetzee notes …

JSE-listed chemicals and energy giant Sasol says it expects production of petroleum products at its Natref refinery – which it owns with Total Energies SE – to resume by the …

The European Union (EU) in partnership with the Federal Government of Nigeria has expressed renewed interest to put mechanism in place to fund gas project in Nigeria to guarantee energy …

The International Monetary Fund (IMF) has set a fresh loan condition requiring Kenya to drop the fuel subsidy programme by October, exposing motorists to a sharp rise in pump prices. …

Kenya-based CrossBoundary Energy Access (CBEA), a mini-grid infrastructure fund has announced completion of a $40 million equity investment from Norfund, the Norwegian Investment Fund for developing countries, and KLP, Norway’s …

President Muhammadu Buhari on Tuesday unveiled the new Nigerian National Petroleum Company ( NNPC) Limited, a landmark event that officially changes the oil firm from a wholly state-run entity to a …

Total Kenya has been ordered to pay a contractor more than Sh600,000 for works carried out in one of its service stations, which the oil company declined to pay, arguing …