News

ExxonMobil Lifts Force Majeure on Mozambique’s Rovuma LNG Project

ExxonMobil has lifted the force majeure declaration at the 18 million metric ton/year Rovuma LNG export…

Malawi Set to Begin Power Imports as Mozambique Interconnector Nears Completion

Malawi is close to starting electricity imports from Mozambique as the Mozambique–Malawi Power Interconnector Project nears…

NNPC Delivers Record N5.4tn Profit After Tax

The Nigerian National Petroleum Company Limited (NNPC Ltd) 2024 profit milestone has reshaped expectations for NNPC.…

Mozambique Grants 30-year Concession to State Firms for LNG Facilities at Beira port and Inhassoro, Pipeline to South Africa

Mozambique has granted its top state-owned companies, including national oil firm ENH, a 30-year concession to…

Alcazar Energy Partners Signs Agreement for 500 MW Wind Project in Egypt

Alcazar Energy Partners (AEP), a leading independent infrastructure fund manager focused on utility-scale renewable energy projects…

GenCos Turn Down FG’s Plan for 50% Waiver on ₦5tn Outstanding Debt

Power generation companies, GenCos, have rejected contract offers from the Federal Government requiring them to accept…

EERC Warns MainPower over Unauthorised Creation of Unmetered Accounts

The Enugu State Electricity Regulatory Commission (EERC) has issued a strong warning to MainPower Electricity Distribution…

9 Ways Nigerian Households Cope with Unreliable Electricity

Unreliable electricity supply affects millions of Nigerian households every day. Power cuts occur without warning, voltage…

Schneider Urges Nigeria to Upgrade Data Centres for Effective AI Deployment

Schneider Electric is urging Nigeria to upgrade its data centres to handle surging demand from artificial…

China’s EV Sales Expected to Slow from 2026

Electric vehicle (EV) sales in China have expanded rapidly in recent years, and EVs now account…