Edo, Delta, Ondo and Ekiti State Governments to Assert Shareholder Rights in Benin DisCo (BEDC)

The state governments of Edo, Delta, Ondo, and Ekiti have formally communicated with the Nigerian Electricity…

Is the Establishment of Smaller DisCos a Solution to Blackouts in Nigeria?

The Nigerian government is strategizing to establish smaller electricity distribution companies (DisCos) as it perceives existing…

Eskom to Curb Loadshedding by Unbundling into Separate Firms by Mid-2024 –Report

In a bid to tackle the age-long power crisis in the country, South Africa’s power utility…

Nigeria Has a N1.6 Trillion Shortfall in Wholesale Tariffs – Adebayo Adelabu

Adebayo Adelabu says Nigeria has a significant N1.6 trillion shortfall in wholesale tariffs.

Heirs Energies Increases Daily Oil Production to 40,000bpd

Heirs Energies, Africa’s indigenous-owned integrated energy company, has boosted its daily oil production to 40,000 barrels…

Shell to Sell its Onshore Oil and Gas Subsidiary in Nigeria

British energy major, Shell, has agreed to sell its Nigerian onshore oil and gas subsidiary in…

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…

TotalEnergies Plans to Invest $6bn in Nigeria’s Oil and Gas

TotalEnergies plans to invest $6 billion, focusing on offshore oil projects and boosting gas production. According…

Nigeria, Germany Sign $500m Renewable and Gas Export Deal

Nigerian and German companies have signed two pivotal agreements in Berlin. In a statement on Tuesday…

Cape Town Lost R83m to Illegal Electricity Connections in 10 Months

In a recent statement released by Cape Town, ongoing illegal electricity connections and vandalism have cost…