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Kenya is negotiating compensation deal with India’s Adani Group after President Ruto canceled a Ksh 96 billion ($744 million) power infrastructure project in October.
Eni has successfully concluded a four-month technical training programme for 16 young Mozambican engineers at its Corporate University in Italy to strengthen local expertise at the Coral Sul FLNG project off the coast of Mozambique.
Nipco Plc, a leading Nigerian energy conglomerate, has acquired a 19.4% stake in London-listed Savannah Energy Plc for £28.7 million ($38.2 million), a move that marks its entry into upstream and midstream energy investments.
The East African nation of Mozambique has rejected any form of negotiation with Portuguese oil company Galp in a capital gains tax dispute linked to the sale of its oil and gas assets.
Some rural dwellers in northern Nigeria in Kaduna have rejected the recent upgrade of their electricity feeder to Band A by Kaduna Electric, citing high tariffs and inadequate consultation.
South Africa’s ambitious 440 billion rand ($25 billion) power transmission expansion program has attracted major global interest including Indian billionaire Gautam Adani’s company and leading Chinese power firms.
Ethiopia and Russia have signed a new agreement to construct the country’s first nuclear power plant, representing a key step in Ethiopia’s plan to expand and diversify its energy mix.
Ten years after exiting Gabon, American energy giant ExxonMobil has signed a memorandum of understanding to resume oil and gas exploration off the coast of the Central African nation.
The CEO of Renaissance Africa Energy Company Limited, Tony Attah, has called for renewed investment in Nigeria’s energy infrastructure, noting that most of the existing facilities are over 30 years old.
The Nigerian government has pledged to revive the Aluminium Smelter Company of Nigeria (ALSCON) in Ikot Abasi, Akwa Ibom State, by reconnecting it to the national grid after twenty-six years of inactivity.
Uganda will secure more than $2 billion in new financing from the World Bank over the next three financial years to support key economic development projects.
British energy giant BP has confirmed a significant gas condensate discovery at the Volans-1X exploration well under Petroleum Exploration License 85 (PEL85) in Namibia’s Orange Basin.
South Africa hopes to lift a long-standing ban on shale gas exploration and production in a matter of weeks as soon as new regulations are published this October.
Africa’s largest economy, South Africa, has announced plans to build 5,200 megawatts (MW) of new nuclear power capacity as part of its long-term strategy to secure reliable and cleaner energy.
The Ghanaian government has achieved a major financial breakthrough, saving approximately $300 million through a comprehensive review of legacy contracts by the Electricity Company of Ghana (ECG).
Off-grid solar company Sun King has announced plans to establish manufacturing operations in Kenya and Nigeria as part of efforts to expand renewable energy access and boost local production across Africa.
Renewable energy firm Sola Group has begun commercial operations at the $163 million Springbok Solar Project in South Africa’s Free State province, marking the largest operational wheeling facility in the country.
French energy giant TotalEnergies says it will launch the Ima shallow-water offshore development gas project in Nigeria in 2026, as part of two projects aimed at boosting the country’s LNG production.
Fresh oil and gas developments approved this year are expected to boost Nigeria’s output by 600,000 barrels per day (bpd) of crude and over 2 billion standard cubic feet of gas daily.
Sierra Leone, one of Africa’s oil frontiers, is seeking partnerships with Russian oil and gas companies to develop its huge hydrocarbon prospects, estimated at 30 billion barrels of oil and 25 trillion cubic feet of gas.