AEC Acknowledges Trump Administration’s Support for Mozambique LNG Project
The African Energy Chamber (AEC) has expressed gratitude to the Trump administration for its role in advancing the Mozambique LNG…
South Africa Eyes Renewable Energy Component Manufacturing
Samantha Graham-Maré, South Africa’s Deputy Minister of Electricity and Energy, has provided an update on the country’s ambitions to manufacture…
AfDB and Eritrea Sign $19.5 Million Agreement for 12 MW Mini-Grid Project
The African Development Bank (AfDB) and the government of Eritrea have signed a $19.5 million grant agreement for the Desert…
Seplat and Chorus Energy Remit N28.7 Billion to Nigeria’s Federation Account – House of Representatives
The House of Representatives has confirmed that Seplat Production Development Limited and Chorus Energy Limited have paid a total of…
Africa’s Natural Gas Upstream Investments to Reach $934 Billion by 2050
Africa’s natural gas upstream sector is projected to attract $934 billion in investments by 2050, driven by energy transition policies…
Nigeria Seeks Private Investment in Energy Sector at SEforALL Forum
The Federal Government of Nigeria has called for increased private sector investment in the country’s energy sector at the Sustainable…
Seplat Energy Launches $650 Million Senior Notes for Debt Refinancing
Seplat Energy Plc has announced the issuance of $650 million in Senior Notes due in 2030, aimed at refinancing and…
Nigeria Expands Renewable Energy Capacity with 73 MW Solar Installation in
Nigeria has installed 73 megawatts (MW) of solar energy in 2024, signaling significant progress in its renewable energy drive and…
U.S. EXIM Bank Approves $4.7 Billion Loan for Mozambique LNG Project
The United States Export-Import (EXIM) Bank has re-approved a $4.7 billion loan for the TOTAL-operated Liquefied Natural Gas (LNG) project…
Major Oil Companies Continue Nigeria Divestments
Following Shell’s completed sale of its onshore and shallow water assets in Nigeria, only two major international oil companies remain…
Dangote Refinery to Undergo Maintenance in June
Nigeria’s Dangote oil refinery plans to shut its 204,000 barrels per day gasoline-making unit for a 30-day maintenance period starting…
Renaissance Completes $2.4 Billion Acquisition of Shell’s Nigerian Assets
Renaissance Africa Energy Holdings has finalized its $2.4 billion acquisition of Shell Petroleum Development Company of Nigeria (SPDC), marking a…
Angola Secures $60 Billion in Oil and Gas Investments
Angola is experiencing a resurgence in its oil and gas sector, with over $60 billion in investment commitments aimed at…
Congo Diversifies Energy Sector with Gas and Solar Initiatives
The Republic of Congo has received a $1.5 million grant from the African Development Bank to modernize its energy infrastructure,…
Equatorial Guinea Initiates New Hydrocarbon Exploration Strategy
Equatorial Guinea has embarked on a comprehensive initiative to counteract declining gas production and optimize its untapped hydrocarbon reserves. The…
Egypt in Talks with Excelerate Energy for Floating Gas Unit
Egypt is currently in discussions with U.S.-based Excelerate Energy regarding the acquisition of a floating storage and regasification unit (FSRU)…
Egypt to Lease German Gas Liquefaction Unit to Boost Production
Amid declining domestic gas production, Egypt plans to lease a floating gas liquefaction unit from Germany to enhance its energy…
Nigerian Senate Engages Foreign Experts to Tackle Oil Theft
The Nigerian Senate has enlisted the services of international experts to track illegal vessels used in crude oil theft from…
Nigeria’s Crude Oil Output Declines by 4.7%
Nigeria’s crude oil production in February 2025 dropped to an average of 1,465,006 barrels per day (BOPD), marking the lowest…
Tanzania to Auction Multiple Petroleum Exploration Blocks
The Tanzanian government, through the Petroleum Upstream Regulatory Authority (PURA), has announced plans to auction 26 petroleum exploration blocks to…