South Korea Expands African Ties

The industry ministry said Wednesday that South Korea signed nearly 50 deals with leaders from 48…

The Egyptian Government Plans 25% Gas Tariff Hike in July

According to two anonymous energy sector sources, the Egyptian government plans to raise tariffs for gas…

Canada and Germany Sign Agreement to Boost Clean Hydrogen

Canada and Germany signed an agreement on Monday to boost the trade of clean hydrogen fuel,…

Russia Increases Fuel Export to Senegal

Traders and data from The London Stock Exchange (LSEG) have shown that Russia has increased its fuel…

Oil Prices Increase After OPEC+ Extends Output Cuts

Oil prices increased slightly on Monday, March 4, following the widely expected extension of voluntary output…

Data Shows Ethiopia as Kenya’s Fourth Largest Power Supply Source

Data from Kenya shows imports from Ethiopia Electric Power beat supply from thermal generators and solar…

Despite Electricity, Forex Challenges, Africa Records 40% of Investments in Greenfield MegaProjects in 2022 – AfDB

In its January 2024 report on Africa’s economic performance and macroeconomic outlook, released February 16, 2024,…

Global LNG Demand to Rise Above 50% by 2040 – Shell

Shell, a British energy group, forecasted that world demand for liquefied natural gas (LNG) would jump…

Germany, Algeria Set Up Task Forces to Drive Hydrogen Development

Germany and Algeria have decided to set up a bilateral task force to develop infrastructure and…

NNPC Seeks Partnership with South Korea for LNG Export

The Nigerian National Petroleum Co. Ltd. (NNPC) targets a partnership with a South Korean consortium toward a…