News
Alex Otti Plans to Transform Abia’s Oil Region into Industrial, Economic Hub
Abia State Governor Dr. Alex Otti has launched a major development initiative to end the long-standing…
South Sudan: Political Turmoil Threatens Oil Industry Stability, Regional Security
South Sudan, the world’s youngest nation, is again facing escalating political tensions threatening its stability and…
Libya Revives Oil Production at Al Maboruk: A Step Toward Energy Stability
Libya’s oil sector is taking a significant step forward with the resumption of production at the…
Somalia Expands Renewable Energy Drive with Berbera Solar-Storage Project
Somalia is taking another step toward energy sustainability by launching a tender for a 12 MW…
House of Rep PAC’s Debt Recovery Drive Signals Stronger Fiscal Oversight
The House of Representatives Public Accounts Committee (PAC) has intensified efforts to recover outstanding debts owed…
Renaissance Consortium Acquisition of Shell Signals New Era for Nigeria’s Energy Sector
In a landmark $2.4 billion deal, Renaissance, a consortium of leading Nigerian energy companies, has successfully…
IEA Reports Oil Oversupply, Signals Potential Price Drop
The International Energy Agency (IEA) reports that crude supply exceeds demand by 600,000 barrels per day…
UK Homes Near Power Lines to Get £2,500 Energy Bill Discounts
UK Homes, Pembrokeshire specifically, will get electricity bill discounts of up to £2,500 over 10 years.…
U.S. Approves $4.7B to Revive Mozambique LNG Project
The U.S. has approved a $4.7 billion loan to restart TotalEnergies’ stalled Mozambique LNG project. Jihadist…
NERC Sets July 2025 Deadline for State Power Regulation
The Nigerian Electricity Regulatory Commission (NERC) has set a firm deadline for state electricity regulation. By…