Crude oil production from the Organisation of Petroleum Exporting Countries (OPEC) and its Russia-led allies rebounded modestly in May from a steep drop in April but remained well short of …
Energy
National electricity grid crashed on Sunday causing blackout across major cities. Figures obtained on Monday from the Nigeria Electricity System Operator, shows that the national electricity grid actually crashed from …
- AfricaBusinessEnergyOil & GasSouthern Africa
TotalEnergies wins stake in $29bn Qatar gas project to boost exports
TotalEnergies SE became the first foreign company to win a stake in a multi-billion dollar project to boost Qatar’s gas exports. Qatar is expanding production of liquefied natural gas amid …
The Nigerian National Petroleum Company (NNPC) Limited has revealed that the citizens consumed 966.58 million litres of petrol in two weeks. In the latest Premium Motor Spirit (PMS) distribution data …
Latest updates on Nigeria’s cash call arrears repayment showed that the country had so far repaid a total of $3.72bn to five international oil firms, leaving an outstanding balance of …
The price of the Organisation of the Petroleum Exporting Countries (OPEC) basket of 13 crude oil samples stood at $123.21 per barrel Thursday. This is compared to $121.54 per barrel …
- BusinessEnergyOil & GasWestern Africa
Heir Holding, ND Western offers Shell final offer for $2.3 billion oil assets
Shell Plc will receive two final bids for its stake in its Nigerian joint venture this week from Tony Elumelu’s Heirs Holdings and local firm ND Western Limited, Bloomberg reported …
- AfricaBusinessEnergyOil & GasWestern Africa
Oando partners with LAMATA to launch electric mass transit buses
Oando, one of Africa’s largest energy solution provider will make provision for a renewable energy that will facilitate the deployment of electric mass transit buses, charging centers and supporting charging …
- Eastern AfricaEnergyKenya
Kengen, Kenya’s energy company invites Bitcoin miners to its geothermal power
KenGen, Kenya’s energy company has issued a general invite for Bitcoin miners looking to take advantage of its renewable energy facility near the capital, Nairobi. The energy company reached out …
According to Karpowership, the world’s biggest supplier of floating gas-fired power plants, some South African government agencies have proved difficult to walk with, stalling its projects, creating an inconducive and …