Africa

Oil Price
2025-01-13

Price May Rise as Crude Hits $81 per Barrel
The prices of premium motor spirit and other petroleum refined products may rise in the coming days following the increase in the cost of crude oil prices, such as Brent.The price of Brent crude surged $81.09 per barrel as of the time of filing this repor
Crude Oil
2025-01-13

In Key Breakthrough, Nuprc Data Confirms Nigeria’s 1.5 Million Bpd OPEC Oil Output
Emmanuel Addeh in Abuja Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has confirmed that Nigeria’s crude oil production reached 1.5 million barrels per day in December 2024, a major milestone in the country’s quest to raise
Oil & Gas Trade
2025-01-10

Asia’s EV Boom Sours Appetite for Nigeria’s Oil
The growing adoption of electric vehicles (EVs) and liquefied natural gas (LNG) as preferred energy sources in Asia has continued to weaken Nigeria’s crude oil export earnings from the region, its largest market, for two straight years.The notic
Oil & Gas Trade
2025-01-10

Angola’s Faster February Oil Sales Signal Better Demand in Asia
The pace of sales for February-loading Angolan oil is faster than the last couple of months, with only 20-30% of next month’s supplies still seeking buyers.Only five-to-eight cargoes of Angolan crude for next month are still for sale out of 29 s
Crude Oil
2025-01-10

Dangote Refinery Builds Eight More Tanks for Imported Crude
The Dangote Petroleum Refinery is building eight more tanks in its bid to have enough storage for imported crude oil.A report by Africa Report has it that the refinery is ramping up its storage capacity by 6.29 million barrels, equivalent to 1 billion lit
Electricity Trade
2025-01-09

Aba Power Raises Electricity Tariffs After NERC Approval
Aba Power Limited Electric, (APLE), a Nigerian electricity distribution company, has announced a more than 50 per cent electricity tariff hike for customers within its franchise in Abia State.The company disclosed this in a notice to customers shared thro
Floating Solar
2025-01-12

Green Hybrid Power to Sink US$250M in Floating Solar Project
The project, which is set to be carried out in four phases, is meant to augment power generation at Lake Kariba as the Kariba floating solar project takes shape.INTENSIVE energy user group subsidiary, Green Hybrid Power (Pvt) Ltd says it is expecting to s
Green Hydrogen
2025-01-09

SA Green Hydrogen Project to Proceed
A new facility to produce hydrogen directly from water without the use of electrolysers is set to power ahead, with Sparc Technologies, Fortescue and the University of Adelaide formally committing to stage two of the project.Sparc Technologies said the se
Crude Oil
2025-01-12

NDDC Seeks Stakeholders’ Cooperation to Develop N’Delta
The Niger Delta Development Commission (NDDC) has urged stakeholders to unite for the development of the oil-rich region. Its Executive Director of Finance and Administration, Boma Iyaye, appealed during a Stakeholders’ Interactive Forum on the
Nigeria
2025-01-08

Seplat to Revive 400 Idle Oil Wells, Set to Hit Over 120,000 BPD After Buying Mobil Assets
Nigeria’s Seplat Energy plans to revive 400 idle oil wells to meet its over 120,000 barrels per day crude production in the coming months, the company’s top management has said.This is coming as the Nigerian company that took over the
Photovoltaic （PV）
2025-01-07

MDAs Spent N22bn on Solar Installations in 2024 – Report
Federal ministries, departments, and agencies collectively spent a total of N22,782,065,914.14 on various solar power installations across Nigeria in 2024.The expenditures, aimed at boosting rural electrification, street lighting, and infrastructure upgra
Hydrogen Project
2025-01-07

Mining Giant to Help Build First-Of-Its-Kind SA Hydrogen Plant
A prototype of Sparc Technologies' green hydrogen plantThe first-of-its-kind pilot plant will employ a novel approach by producing green hydrogen directly from water and sunlight, without relying on electrolysers or electricity grids.It’
Uranium Project
2025-01-07

Namibia Seeks Investment in Nuclear Power From China
A uranium mine near Arandis, Namibia.Namibia, one of the world’s largest uranium producers, is seeking investment from China in nuclear power to boost its role in the global push to clean energy.We want to add value to our uranium for the peacef
Oil & Gas Trade
2025-01-11

Nigeria Imports 31.8m Litres of Petrol Daily to Bridge Local Refining Shortfall
Nigeria is currently importing about 79.5 per cent or 31.8 million litres of Premium Motor Spirit (PMS), popularly called petrol to bridge local refining shortfall, Daily Sun investigation has revealed.According to truck out data from the Nigerian Midstre
Oil Refinery
2025-01-06

BUA’s 200,000bpd Oil Refinery Progressing, Not 90% Completed Yet
Emmanuel Addeh in Abuja BUA group yesterday clarified that although its 200,000 barrels per day crude oil refinery located in Akwa Ibom, South-south Nigeria, was progressing and would be delivered on schedule, it was not yet 90 per cent completed as erron

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Hydro-Quebec Shares 300 MW Solar Tender Details

Africa

Price May Rise as Crude Hits $81 per Barrel

In Key Breakthrough, Nuprc Data Confirms Nigeria’s 1.5 Million Bpd OPEC Oil Output

Asia’s EV Boom Sours Appetite for Nigeria’s Oil

Angola’s Faster February Oil Sales Signal Better Demand in Asia

Dangote Refinery Builds Eight More Tanks for Imported Crude

Aba Power Raises Electricity Tariffs After NERC Approval

Green Hybrid Power to Sink US$250M in Floating Solar Project

SA Green Hydrogen Project to Proceed

NDDC Seeks Stakeholders’ Cooperation to Develop N’Delta

Seplat to Revive 400 Idle Oil Wells, Set to Hit Over 120,000 BPD After Buying Mobil Assets

MDAs Spent N22bn on Solar Installations in 2024 – Report

Mining Giant to Help Build First-Of-Its-Kind SA Hydrogen Plant

Namibia Seeks Investment in Nuclear Power From China

Nigeria Imports 31.8m Litres of Petrol Daily to Bridge Local Refining Shortfall

BUA’s 200,000bpd Oil Refinery Progressing, Not 90% Completed Yet

Hydro-Quebec Shares 300 MW Solar Tender Details

South Korea Launches 1.25GW Offshore Wind Tender

Kenya Opens Solar-Plus-Storage Tender

Italy Allocates 1.72 GW in Rooftop PV Tender for Agricultural Firms

Norway’s First Floating Wind Tender Attracts Two Bids

Thailand Opens 364 MW Solar Tender