Shell to Sell its Onshore Subsidiary in Nigeria for $2.4bn

After nearly a century of operations, Shell has agreed to sell its Nigerian onshore oil and…

Eskom Withdraws Grid Access for Karpowership

Eskom Holdings SOC Ltd., South Africa’s state-owned power utility, has withdrawn transmission capacity (grid access) reservations…

Consortium Seals $5bn for Hydroelectric Project in Mozambique

A consortium comprising TotalEnergies, Électricité de France (EDF), and Sumitomo Corporation has signed crucial agreements with…

South Africa Selects Gazprombank as Investment Partner for Gas-to-liquid Refinery

South Africa has agreed to the national oil company PetroSA’s recommendation to select Russia’s Gazprombank Africa…

Africa Oil Releases Financial Results for Q3 2023

Africa Oil Corp. has announced its operating and interim condensed consolidated financial results for the three…

Tristar Installs 464KW Solar Plant in Dubai

Tristar Group has installed a solar power project in Dubai, with a 464 kilowatt peak (kWp)…

NNPC Restores 275,000bpd of Oil, Resolves Workers Strike

NNPC Ltd restored 275,000 bpd (barrels per day) at its joint venture with Total Energies, resolving…

EU Imports 9.4bcm of LNG from Nigeria in 2022

The European Union has announced that following the boycott of Russia’s crude oil and gas by…

IOCs Bid for Oil and Gas in Lebanon

Lebanon’s energy ministry has said that Total Energies, Eni, and Qatar Energy have made a last-minute…

IOCs to Invest $55 Billion in Nigeria’s Oil and Gas

Major International Oil Companies (IOCs) in Nigeria are considering an investment of over $55 billion in…