Latest Stories

AfrOil: NAMCOR confirms oil find at Graff-1

8 February 2022

Namibia’s national oil company has issued a statement confirming the discovery of light crude oil in Graff-1, an exploration well drilled at the deepwater PEL 39 block offshore Namibia.

Russian energy cutoff to Ukraine would be worse than tank attack – Baerbock

8 February 2022

Russian energy cutoff to Ukraine would be worse than tank attack – Baerbock

Turkish store owners protest against hiked electricity prices by posting bills in windows

8 February 2022

Discontent spreads as combination of Turkey’s soaring inflation, battered currency and record high world gas prices hits business and households hard.

DTEK Energy plans to increase coal mining 4% in 2022

8 February 2022

DTEK Energy plans to increase coal mining by 4% in 2022

AfrElec: Kenya, Ethiopia agree to discuss new power purchase deal

8 February 2022

Kenya and Ethiopia have agreed to fast-track talks for a power purchase agreement (PPA) among others to facilitate electricity trade between the two neighbouring East African countries.

PdVSA reportedly receives more Iranian condensate

8 February 2022

Venezuela’s national oil company PdVSA has reportedly taken delivery of another shipment of Iranian gas condensate.

IMF reiterates call for elimination of Nigerian gasoline subsidy

8 February 2022

The International Monetary Fund has once again urged Nigeria’s federal government to eliminate its long-standing subsidy for domestic gasoline prices.

Ghana transport operators to demand 30% fare hike

8 February 2022

This decision came after 16 member transport unions including Ghana Private Roads Transport Union (GPRTU), Concerned Drivers Association, among others met on Thursday February 3, 2022.

North Macedonia, Bosnia and Moldova most dependent on Russian gas

8 February 2022

West Balkans would be hard hit if if Russia "turns off the tap" as a result of the standoff with Western powers over Ukraine.

Germany to prepare loan for Ukraine to develop hydrogen

8 February 2022

Germany to prepare loan for Ukraine to develop hydrogen