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Category: International

International Gas News

Cameroon Awards Five Oil and Gas Blocks in 2025–2026 Licensing Round

Cameroon Grants Key Exploration Blocks to Murphy and Octavia to Revive Oil Output Cameroon’s Société Nationale des Hydrocarbures (SNH) has advanced its 2025–2026 licensing round, originally launched on August 1, 2025, with the award of five oil and gas blocks to international operators. Murphy West Africa has secured four blocks in the Douala–Kribi–Campo basin, a strategically important offshore and coastal region known for its established infrastructure and previous hydrocarbon discoveries. Octavia Energy Corporation has been

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International Energy Gas News

Dakar LNG Terminal Project Set to Strengthen Senegal’s Energy Security

GasEntec and ELTON Partner to Deliver Dakar LNG Terminal, Boosting Senegal’s Power Capacity by 2027 GasEntec has signed contracts with ELTON Logistics & Services to supply a jetty-based LNG regasification unit along with associated onshore infrastructure for the Dakar LNG Terminal in Senegal. The project marks a major step toward expanding Senegal’s energy capacity and is expected to become one of West Africa’s leading LNG import facilities. Once completed, the terminal will supply natural gas

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Corporate News International Oil

UAE Exit from OPEC Raises Concerns Over Oil Market Stability and Nigeria’s Revenue Outlook

UAE to Leave OPEC in 2026: Analysts Warn of Oil Price Volatility and Revenue Risks for Nigeria The planned withdrawal of the United Arab Emirates (UAE) from the Organization of the Petroleum Exporting Countries (OPEC) is raising concerns among energy analysts, who warn the move could weaken the group’s influence over global oil prices and create risks for oil-dependent economies such as Nigeria. The UAE is set to exit the alliance on May 1, 2026,

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International Infrastructure Local

Calucuve Dam Nears Completion to Strengthen Water Security in Southern Angola

Angola’s Calucuve Dam Set for July Completion to Boost Water Supply, Agriculture, and Drought Resilience The Calucuve Dam, located in the municipality of Cuvelai in Cunene province, is expected to be completed in July, according to the Ministry of Energy and Water. The project is part of Angola’s broader efforts to improve water access, strengthen drought resilience, and support regional development in the south of the country. Major water infrastructure project The Calucuve Dam includes

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International Corporate News Oil

Nigeria Approves $10.3 Billion Eni Deepwater Oil Investment in Zabazaba and Etan Fields

Nigeria Clears $10.3B Eni Offshore Oil Project to Develop Zabazaba and Etan Fields, Targeting 150,000 bpd by 2029 Nigeria has approved a $10.3 billion investment plan by Italian energy company Eni to develop deepwater oil projects offshore, paving the way for long-delayed production at the Zabazaba and Etan fields. The approval was confirmed by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), which oversees upstream oil and gas activities in the country. The project is one

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Renewable Energy International News

Botswana Signs 30-Year Deal for 500MW Solar and Battery Project in Maun

Botswana Launches 500MW Solar + 500MWh Storage Project to Cut Power Imports and Boost Energy Security Botswana has signed a 30-year power purchase agreement for a 500-megawatt (MW) solar photovoltaic plant with 500 megawatt-hour (MWh) battery storage in Maun, marking the country’s largest renewable energy project to date. The agreement was formalised during a groundbreaking ceremony attended by President Duma Boko, who described the project as a shift from planning to implementation in Botswana’s energy

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Renewable Energy International News

Germany and South Africa Sign €200M Loan Deal to Boost Energy Transition and Green Industry

South Africa Secures €200M German Loan to Upgrade Grid and Expand Renewable Energy and Green Hydrogen Projects Germany and South Africa have agreed on a €200 million ($234 million) concessional loan to support South Africa’s energy transition, alongside expanded cooperation in critical minerals and green industrial development. The agreement was confirmed by South Africa’s Minister of International Relations and Cooperation, Ronald Lamola, following bilateral talks in Berlin on Monday. Energy transition and grid upgrades The

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International News Renewable Energy

South Africa Commissions 148MW Bolobedu Solar Plant in Limpopo

South Africa Adds 148MW Bolobedu Solar Plant to Grid as Part of Renewable Energy Expansion Drive South Africa has officially commissioned the 148-megawatt (MW) Bolobedu Solar Plant in Limpopo province, adding new renewable capacity to the national electricity grid. According to the Government Communication and Information System (GCIS), the solar facility is expected to generate around 300 gigawatt-hours (GWh) of electricity annually and feed power directly into the national grid. The project spans approximately 347

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International Corporate News Renewable Energy

Sun King to Invest $150 Million in Ethiopia’s Off-Grid Solar Expansion

Sun King Targets 2 Million Ethiopian Customers with $150M Off-Grid Solar Investment by 2030 Kenya-based solar company Sun King plans to invest up to $150 million to expand access to electricity in Ethiopia by 2030, aiming to reach around 2 million households and small businesses outside the national grid. The announcement was made in a joint statement with the Ethiopian Investment Commission, which confirmed that Sun King will establish a local subsidiary as part of

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Diamonds Corporate News International

De Beers Diamond Output Rises 17% in Q1 on Strong Botswana and Canada Performance

De Beers Q1 Production Up 17% to 7.1M Carats as Botswana, Canada and South Africa Drive Growth Despite Price Decline Diamond producer De Beers reported a 17% year-on-year increase in rough diamond production to 7.1 million carats for the quarter ended March 31, driven mainly by planned ore releases at the Gahcho Kué mine in Canada and higher output from the Venetia underground mine in South Africa. On a quarter-on-quarter basis, production surged by 88%,

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