Nigeria’s Dangote Threatens Direct Sales to Combat High Cooking Gas Prices
Nigeria’s Dangote Threatens Direct Sales to Combat High Cooking Gas Prices Aliko Dangote, President of the Dangote Group, has announced plans to slash Liquefied Petroleum Gas prices across Nigeria, warning distributors that his company will bypass them entirely if they continue inflating costs. The billionaire industrialist made the declaration during a tour of the Dangote […]
Uganda Strengthens Energy Independence with New Refinery and Skills Development
Uganda Strengthens Energy Independence with New Refinery and Skills Development Uganda is advancing its comprehensive energy strategy through a landmark agreement with a UAE-based company to construct a domestic crude oil refinery. The facility will complement the country’s export-oriented projects, with ownership shared between the foreign investor and the Uganda National Oil Company. Construction is […]
Senegal Launches Groundbreaking LNG-to-Power Initiative Off Dakar Coast
Senegal Launches Groundbreaking LNG-to-Power Initiative Off Dakar Coast Senegal has achieved a continental milestone with the successful launch of Africa’s first operational LNG-to-power project. National utility Senelec partnered with Turkish energy firm Karpowership to begin generating electricity offshore Dakar using an innovative floating system. The project utilizes a floating storage and regasification unit to supply […]
Mauritania Revolutionizes Energy Sector with Complete Privatization Strategy
Mauritania Revolutionizes Energy Sector with Complete Privatization Strategy Mauritania is implementing a radical transformation of its power generation sector, shifting entirely to a privatized model that leverages both natural gas reserves and renewable energy potential. The government has announced it will no longer pursue state-led power projects, with all future electricity initiatives to be privately […]
Republic of Congo Accelerates LNG Expansion with Italian Energy Giant Eni
Republic of Congo Accelerates LNG Expansion with Italian Energy Giant Eni The Republic of Congo is rapidly expanding its liquefied natural gas capabilities through a strengthened partnership with Italian energy company Eni. President Denis Sassou Nguesso met with Eni CEO Claudio Descalzi in Brazzaville to review progress on the Congo LNG project, which has already […]
Angola Strikes Oil and Gas Gold with Historic Discovery Worth $150 Billion
Angola Strikes Oil and Gas Gold with Historic Discovery Worth $150 Billion Angola has achieved a breakthrough in energy diversification with its first major dedicated gas discovery, potentially anchoring a $150 billion economic strategy. Azule Energy, a joint venture between BP and Eni, successfully drilled the Gajajeira-01 well in the Lower Congo Basin, revealing reserves […]
Nigeria Breaks OPEC Production Limits, Output Surges to 1.5 Million Barrels Daily
Nigeria Breaks OPEC Production Limits, Output Surges to 1.5 Million Barrels Daily Nigeria has exceeded its OPEC crude oil production quota by four percent in June 2025, reaching 1.505 million barrels per day against the allowed 1.5 million barrels daily. The Nigerian Upstream Petroleum Regulatory Commission revealed the country achieved 104% of its OPEC allocation, […]
Mozambique Gives Green Light for TotalEnergies’ Massive $20 Billion LNG Project Revival
Mozambique Gives Green Light for TotalEnergies’ Massive $20 Billion LNG Project Revival In a major development for Africa’s energy sector, Mozambique has officially cleared the path for TotalEnergies to restart its suspended $20 billion liquefied natural gas project. Energy Minister Estevao Pale confirmed that all government-level preparations are underway following high-level talks between TotalEnergies CEO […]
Dutch Offshore Giant SBM Offshore Eyes Namibia’s Venus Oil Discovery
Dutch Offshore Giant SBM Offshore Eyes Namibia’s Venus Oil Discovery Dutch offshore production specialist SBM Offshore is positioning itself for a major opportunity in Namibia’s ultra-deepwater Venus oil discovery in the Orange Basin. Chief Business Officer Olivier Icyk confirmed the company’s growing interest in the project, highlighting ambitions to build an in-country presence. French energy […]
Egypt Revises Renewable Energy Target to 29.7% by 2030
Egypt Revises Renewable Energy Target to 29.7% by 2030 The Egyptian government has revised its renewable energy target to 29.7% of power generation by 2030, according to the International Monetary Fund’s fourth review of the $8 billion loan program. The new target represents a significant adjustment from the previously stated 42% by 2030 mentioned by […]