Nigeria’s major crude oil grades, Bonny Light, Brass River, and Qua Iboe, rose above $77 per…
Category: Prospects & Challenge
Morocco Poised to Become Key Green Hydrogen Link to Europe
A recent scientific paper, “Mapping the Cost Competitiveness of African Green Hydrogen Imports to Europe,” reaffirmed…
Oil Markets Spike After Israeli Assault on Iran’s Nuclear Infrastructure
Israel has launched a series of coordinated airstrikes on Iran, targeting nuclear facilities in what it…
$5.8 Billion Project Positions South Africa as Ammonia Leader
A $5.8 billion project on South Africa’s east coast seeks to use the country’s infrastructure and…
EU’s Draft Reveals Nuclear Energy Plans Demand €241 Billion Investment
The European Commission stated on Friday, June 13, that European Union countries will need to invest…
Nigeria’s $5 Billion Oil-Backed Loan Deal with Saudi Aramco Faces Delays
Nigeria and Saudi Aramco are facing challenges in finalising a $5 billion loan. It was reported…
UK Pledges £14.2bn to Sizewell C Nuclear Project
On Tuesday, the British government announced a £14.2 billion ($19.25 billion) investment in the Sizewell C…
Kenya’s Solar Industry Warns of Mass Job Losses Over 16% VAT Proposal
Kenya’s booming solar sector is bracing for a major contraction after the government proposed reinstating 16…
Energy Investment to Hit $3.3 Trillion by 2025 Despite Concerns
Global energy investment is set to increase in 2025 to a record $3.3 trillion. This is…
Tunisia Records Energy Deficit of Nearly 10.8 Billion Dinars in 2024
Tunisia posted an energy deficit of nearly 10.8 billion dinars in 2024 due to rising oil…