Tag: African energy

Nasan-Energ
BusinessHot News

Nasan Energies expands in Namibia with $50 million fuel station deal

Nasan Energies fuel stations deal expands Namibia’s energy sector after acquiring 52 Engen and Shell stations in a $50 million deal.

Timilehin Adejumobi Timilehin Adejumobi
Energy Plant
BusinessHot News

China backs Namibia’s mining, energy and infrastructure growth with new deals

China Namibia mining investment expands as new deals target minerals, energy, infrastructure and economic growth opportunities.

Timilehin Adejumobi Timilehin Adejumobi
Eni awards TechnipFMC major contract for Ivory Coast offshore expansion
BusinessHot News

Eni awards TechnipFMC major contract for Ivory Coast offshore expansion

Eni awarded Altera Infrastructure a major FPSO contract to expand Ivory Coast's $4 billion Baleine oil field, boosting offshore oil and gas production.

Oluwatosin Alao Oluwatosin Alao
ADNOC
BusinessHot News

ADNOC Distribution expands in Africa with $1 billion Shell South Africa deal

ADNOC Distribution Shell South Africa deal expands its African footprint through a $1 billion acquisition of Shell's fuel business.

Timilehin Adejumobi Timilehin Adejumobi
ExxonMobil
BusinessHot News

Exxon Mobil backs South Africa’s first LNG import terminal

South Africa LNG Import Terminal secures Exxon Mobil support, boosting energy security, LNG imports and power generation.

Timilehin Adejumobi Timilehin Adejumobi
Sonangol E.P Building
BusinessHot News

Angola’s Sonangol secures $2.6 billion in foreign financing

Sonangol secures $2.6 billion financing from global lenders to fund growth, refinery expansion and Angola's energy ambitions.

Timilehin Adejumobi Timilehin Adejumobi
Hengli Petrochemical Plant
BusinessHot News

China’s Hengli Petrochemical turns to West African oil amid sanctions

Hengli Petrochemical boosts West African oil purchases as sanctions reshape China's crude sourcing and create opportunities for Africa.

Timilehin Adejumobi Timilehin Adejumobi
Corporate presentation on ROVUMA LNG
BusinessGlobal News

Standard Bank sees Exxon Mozambique Gas project driving growth

Standard Bank sees ExxonMobil-led Rovuma LNG boosting Mozambique GDP, jobs, revenues, and long-term economic growth outlook.

Oluwatosin Alao Oluwatosin Alao
Zimbabwe Cabora Bassa Basin Project
BusinessHot News

Australia’s Invictus Energy advances Zimbabwe gas project

Invictus Energy signs Zimbabwe gas deal, advancing Cabora Bassa project ahead of Musuma-1 drilling in 2026.

Timilehin Adejumobi Timilehin Adejumobi
Italian energy giant, Eni
BusinessHot News

Eni-led consortium approves next phase of Ivory Coast Baleine project 

Eni, Petroci and Vitol approve Baleine Phase 3, boosting Ivory Coast oil and gas output significantly.

Timilehin Adejumobi Timilehin Adejumobi
Afentra expands Angola oil drilling plans, targeting offshore discoveries and Kwanza Basin wells by 2027.
BusinessTechnology

Afentra targets Angola exploration wells by 2027, eyes Africa oil growth

Afentra plc is stepping up its expansion plans in Angola as higher crude prices and renewed interest in African energy assets improve the outlook for exploration across the region.  The company, which recently ended takeover talks with potential buyers, is turning its attention to both offshore discoveries and onshore drilling prospects in Angola, sub-Saharan Africa’s second-largest oil producer. The move…

Oluwatosin Alao Oluwatosin Alao
Gas Pipeline
BusinessHot News

Nigeria, Morocco advance $25 billion Atlantic gas pipeline deal

Nigeria and Morocco move toward a 2026 deal on the $25 billion Atlantic gas pipeline linking West Africa to Europe.

Timilehin Adejumobi Timilehin Adejumobi