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Africa has secured a landmark $100 billion investment commitment to accelerate renewable energy expansion and drive green industrialisation, following a major cooperation deal signed at the Second Africa Climate Summit in Addis Ababa, Ethiopia.
Following improvement in output, the government of Senegal has revised upward its 2025 oil output forecast for the Sangomar offshore field to 34.5 million barrels from the previous 30.53 million barrels.
South Africa’s state-owned power company, Eskom, has imposed targeted load reduction in several major cities to ease pressure on transformers and substations affected by illegal electricity connections and power theft.
Angola said it will launch a new oil licensing round in the last quarter of 2025 as its crude oil production continues to fall below one million barrels per day (bdp).
French oil major, TotalEnergies, is currently in talks with the Namibian authorities to extend an exploration license in the country’s popular Venus block under Petroleum Exploration License (PEL) 56.
The Nigeria Liquefied Natural Gas company (NLNG) has signed landmark Gas Supply Agreements (GSAs) with multiple third-party suppliers to deliver up to 1.29 billion cubic feet of natural gas daily to its Bonny processing plant.
South Africa’s state owned power company, Eskom, has invited private businesses to buy renewable electricity directly from its energy subsidiary.
Rhino Resources has commenced drilling activities at the Volans-1X exploration well under exploration license (PEL) 85, alongside its partners including the Namibian national oil company (NAMCOR), Azule Energy and Korres investment.
Dangote is currently working to upgrade its mega fuel-processing plant in Lagos from an original nameplate capacity of 650,000 barrels per day (bpd) to 700,000 bpd.
The CEO of Aradel Holdings Plc, a foremost indigenous oil firm, Mr. Adegbite Falade, has raised concerns about the shortage of manpower in Nigeria’s oil and gas sector.
North African country, Libya, has officially launched its first oil and gas licensing round in 18 years, offering 22 new offshore and onshore blocks to global energy companies.
South Africa’s Eskom has burned through R3.76 billion ($212 million) on diesel for its gas turbines since April, averaging $4.1 million daily, despite promises to reduce reliance amid winter and ongoing power cuts in Johannesburg.
Morocco is set to begin the tendering process for Phase 1 of its liquefied natural gas (LNG) terminal project near the eastern Mediterranean city of Nador
British energy giant BP has announced the successful loading of the first liquefied natural gas (LNG) export cargo from the Greater Tortue Ahmeyim (GTA) offshore project, located on the maritime border between Senegal and Mauritania.
The African Petroleum Producers Organization (APPO), the pioneer of Africa Energy Bank (AEB), has appointed global consulting firm PWC as the project management headquarters for the bank in Abuja, Nigeria.
The founder and chairman of Heirs Energies, Tony Elumelu, has hinted that the integrated energy company doesn’t rule out the possibility of building a crude oil refinery as well as venture into petrochemicals production in the future.