Latest Stories

Unpacking Azerbaijan’s sovereign wealth record

24 September 2019

Global energy prices and the scale of Azerbaijan’s energy exports will determine whether the fund can continue growing at such a rapid pace.

NNPC says rehab programme will allow refineries to operate at full capacity

24 September 2019

NNPC has announced plans to overhaul and repair all of its oil refineries in less than three years.

Uganda still wants Tullow’s FID on Lake Albert project by December 31

24 September 2019

Robert Kasande, the permanent secretary of Uganda’s Ministry of Energy, said last week that Kampala still hoped to see UK-listed Tullow Oil make a final investment decision (FID) on its Lake Albert block.

Nigeria LNG seeking $10bn in financing for Train 7 expansion scheme

24 September 2019

Tony Attah, the CEO of Nigeria LNG (NLNG), said last week that the consortium intended to finance a $10bn expansion project through a combination of debt and equity.

Winners of Angolan bidding round will be able to develop gas as well as oil

23 September 2019

Angola will permit the winners of its next offshore bidding round to develop natural gas as well as oil, a representative of the national hydrocarbons agency noted last week.

Enthusiasm for coal starts to burn out in the Western Balkans

23 September 2019

Montenegro, like most of the countries in the EU-aspiring region, derives a large share of its power from coal, but the decision to drop plans to build a new coal power plant is a sign countries in the region could be kicking the coal habit.