News

Zimbabwe Secures $210m Afreximbank Loan, $50m Set for HCB Power Imports

Zimbabwe’s power utility ZESA Holdings has secured a US$210 million facility from Afreximbank to boost its…

US Eyes Stronger Energy Ties with Greece, Says Interior Secretary

The United States wants to expand its energy ties with Greece, U.S. Interior Secretary Doug Burgum…

Oil Market Surplus to Grow as OPEC+ Raises Supply, IEA Reports

World oil supply will rise more rapidly this year, and a surplus could expand in 2026…

India Pushes Carbon Capture Initiative While Coal Remains Key to Power Supply

 India is preparing to launch a national carbon capture initiative with substantial government incentives, as it…

Nigeria Targets $60bn Investment to Expand Gas Infrastructure

The Nigerian National Petroleum Company Limited (NNPCL) says the country is seeking $60 billion in new…

Nigeria’s Energy Sector Opens Doors for Global Investment

Nigeria’s energy sector currently produces 1.7 million barrels of crude oil daily. Yet, the country still…

Tinubu Vows to End Power Crisis in Nigeria’s Health Sector

President Bola Tinubu has placed Nigeria’s failing hospital power supply at the centre of his health…

Egypt Seeks More Energy Investment from TotalEnergies, ADNOC

At the Gastech Exhibition and Conference 2025 in Milan, Egypt’s Minister of Petroleum and Mineral Resources…

Chevron Targets Production Boost in Argentina’s Vaca Muerta

Vaca Muerta shale production is central to Chevron’s strategy in Argentina. The company plans to increase…

Cuba Faces 5th Blackout in 2025

Cuba’s energy crisis has once again left millions in darkness. The island suffered its fifth nationwide…