Regional Energy Cooperation Strengthens Cross-Border Power Trade
Regional Energy Cooperation Strengthens Cross-Border Power Trade Regional energy authorities are advancing cooperation frameworks aimed at strengthening cross-border electricity trade. The initiative focuses on improving power sharing arrangements among neighboring countries to enhance reliability and efficiency. Grid interconnection projects are progressing to allow surplus electricity in one market to support shortages in another. Officials say […]
Ghana Settles Long-Standing Energy Sector Debts to Restore Stability
Ghana Settles Long-Standing Energy Sector Debts to Restore Stability In a landmark move aimed at recalibrating its energy sector, Ghana has completed the settlement of more than $1.47 billion in outstanding obligations to international partners and independent producers. Government officials described the action as a decisive step toward securing energy reliability and restoring investor […]
Equity Markets Slip as Trade Tensions Weigh on Investor Confidence
Equity Markets Slip as Trade Tensions Weigh on Investor Confidence Global equity markets opened the week under pressure, with Asia and Europe reporting declines in major indices following renewed trade tensions between global partners. Investors reacted to proposals for tariffs that could affect key cross-border supply chains, prompting cautious sentiment across regional stock exchanges. In […]
Shoreline Natural Gas Secures Supply Agreement with SG Industrial FZE
Shoreline Natural Gas Secures Supply Agreement with SG Industrial FZE Shoreline Natural Gas has secured a new gas supply agreement with SG Industrial FZE, expanding its network of over 150 clients across Abia, Bayelsa, Ogun, and Rivers states. The deal underscores SNG’s emergence as a reliable provider, leveraging 150 kilometers of distribution pipelines developed in […]
Senegal Terminates Oranto Petroleum License as Liberia Ratifies Controversial Deal
Senegal Terminates Oranto Petroleum License as Liberia Ratifies Controversial Deal Senegal has kicked out Nigerian oil firm Oranto Petroleum from the Cayar Offshore Shallow block after years of inactivity and repeated failures to meet basic financial obligations, delivering an extraordinary regulatory rebuke that now collides with Liberia’s recent ratification of Oranto’s new Production Sharing Contracts […]
Nigeria Unveils $2 Billion Climate Fund to Fast-Track Energy Transition Nigeria has launched an ambitious $2 billion National Climate Change Fund aimed at accelerating the country’s energy transition while supporting projects that reduce emissions, expand renewable energy, and strengthen climate resilience. The initiative aligns with Nigeria’s Energy Transition Plan, which targets net-zero emissions by 2060 […]
Sudan’s Oil Industry Collapses as Conflict Forces Shutdown of Major Fields
Sudan’s Oil Industry Collapses as Conflict Forces Shutdown of Major Fields Sudan’s energy sector is in freefall as the nation’s largest oil field at Heglig has been completely shut down, with all staff evacuated amid escalating violence that has now entered its third year. The December shutdown of Heglig, combined with widespread attacks on pipelines, […]
Egypt’s Kemet Signs Major Deals with Chinese Firms to Localize Renewable Energy Manufacturing
Egypt’s Kemet Signs Major Deals with Chinese Firms to Localize Renewable Energy Manufacturing Egypt’s Kemet has signed two major cooperation agreements and one memorandum of understanding in the field of renewable energy and energy storage with leading Chinese companies, as part of efforts to localize renewable industries and position Egypt as a regional manufacturing hub. […]
Egypt’s PhPC Plans New Gas Well Targeting 40 Million Cubic Feet Daily
Egypt’s PhPC Plans New Gas Well Targeting 40 Million Cubic Feet Daily Pharaonic Petroleum Company has confirmed plans to fast-track drilling activities to bring a new development well onstream in the fourth quarter of 2026 with a production rate of 40 million cubic feet of gas per day. The announcement came during a meeting between […]
Kalaekule First Oil Achieves Milestone Amid Production Assessment
Kalaekule First Oil Achieves Milestone Amid Production Assessment A torrent of applause came down on social media in the week of December 15, 2025, responding to the news that the Nigerian offshore Kalaekule field had reached first oil. The shallow water accumulation is located in Oil Mining Lease 72, operated by West Africa Exploration & […]