Energy
Nigeria’s TotalEnergies deal marks shift to gas development
Nigeria’s production-sharing contract with TotalEnergies, its first guided by a new law designed to boost the OPEC member's gas production, will...
Read moreDetailsUN experts say oil companies’ divestment breached human rights in Nigeria
A United Nations panel said four international oil companies breached human rights obligations by selling their assets in Nigeria before...
Read moreDetailsQatar’s Al Mansour commits to invest $20 billion in Mozambique
Qatari investment firm Al Mansour Holding has signed a $20 billion partnership agreement with Mozambique to support sectors the government...
Read moreDetailsBrazil’s Petrobras can return to Nigeria quickly, Nigerian president says
Brazil's state-run oil company Petrobras, which left Nigeria five years ago, should be able to return quickly, Nigerian President Bola...
Read moreDetailsNigeria approves $2.6 billion electricity sector debt refinancing plan
Nigeria has approved a phased plan to refinance 4 trillion naira ($2.61 billion) in electricity sector debt to help stabilise...
Read moreDetails‘Existential threat’: Egyptian President El-Sisi warns on Nile water as Ethiopia completes dam
Egyptian President Abdel Fattah El-Sisi on Tuesday held talks with his Ugandan counterpart Yoweri Museveni in Cairo, in which the...
Read moreDetailsLenders appoint receiver for major Nigerian power firms, notice shows
A Nigerian receiver has been appointed by lenders to KEPCO Energy Resources and its subsidiary, Egbin Power, two major players...
Read moreDetailsSouth Sudan faces London court case over oil-backed loan
Trading house BB Energy has filed a case against South Sudan in London for failing to deliver oil owed under...
Read moreDetailsDangote warns influx of Russian fuel threatens Africa’s refining industry
Nigerian billionaire Aliko Dangote has warned that heavily discounted Russian petroleum products are flooding African markets, threatening the continent’s emerging...
Read moreDetailsZambia signs $1.1 Billion deal to build major oil refinery in Copperbelt
Zambia has signed a landmark agreement to build a $1.1 billion crude oil refinery and energy complex in Ndola, marking...
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