You are Here

Category: Energy

Local Energy News

Angola Approves 30-Year Electricity Corridor to Supply Power to DRC

Angola Grants Somagec 30-Year Power Transmission Deal to Export Electricity to DR Congo Angola has granted Somagec Energy Holding Limited (SEHL) a 30-year concession to develop and operate an electricity transmission system that will enable power exports to the Democratic Republic of Congo (DRC). The project, known as the Northern Corridor, will also strengthen electricity supply to Angola’s Cabinda Province. The concession was awarded under a Build, Own, Operate and Transfer (BOOT) model, allowing Somagec

Loading

Read More Here

International Corporate News Energy Oil

QatarEnergy Confirms New Oil Discovery in Namibia’s Orange Basin

QatarEnergy Announces Light Oil Discovery at Merlin-1X Well in Namibia’s Orange Basin QatarEnergy has announced a new offshore oil discovery in Namibia’s Orange Basin following the successful drilling of the Merlin-1X exploration well in Petroleum Exploration Licence 39 (PEL 39), further reinforcing the country’s status as one of the world’s most promising emerging hydrocarbon provinces. The Merlin-1X well encountered a significant oil-bearing reservoir, with preliminary geological analysis confirming the presence of high-quality light crude oil

Loading

Read More Here

Local Energy News Oil

Angola Urged to Accelerate Energy Diversification as Oil Production Decline Looms

Angola must invest in electricity exports and prepare for post-oil economy, warns Antonio Costa Silva Former Portuguese Economy Minister António Costa Silva has urged Angola to urgently accelerate economic diversification and prepare for a post-oil future, warning that declining production from mature oil fields could significantly impact the country’s revenues in the coming years. Speaking in Luanda during the presentation of a Deloitte banking sector report, Costa Silva noted that Angola could face an estimated

Loading

Read More Here

International Corporate News Energy Mining Personality

Seplat Energy Names Tony Elumelu Chairman-Elect and Effiong Okon CEO in Major Leadership Transition

Seplat Energy Appoints Tony Elumelu as Chairman-Elect and Effiong Okon as CEO Amid Leadership Restructuring Seplat Energy has announced a major leadership transition, appointing billionaire investor Tony Elumelu as its incoming Chairman effective January 2027, while naming Engr. Effiong Okon as its new Chief Executive Officer from 1 August 2026. The company disclosed the appointments in a filing with the Nigerian Exchange Limited (NGX), signed by Company Secretary Edith Onwuchekwa. Elumelu will succeed current Chairman

Loading

Read More Here

Local Energy News

Angola and DRC Strengthen Energy Partnership Through Major Cross-Border Power Project

Angola and DRC Plan 1,450km Power Transmission Network to Deliver Over 2,000MW of Electricity Angola and the Democratic Republic of Congo (DRC) are set to deepen their energy cooperation through the development of two major electricity transmission lines spanning more than 1,400 kilometers, according to DRC Minister of Water Resources and Electricity, Teddy Molendo Sakombi. Speaking in Luanda on Thursday after meeting Angolan President João Lourenço, Sakombi revealed plans for two cross-border power transmission projects.

Loading

Read More Here

International Corporate News Energy Oil

Eni Moves to Exit Nigerian Onshore Oil Sector with Sale of Remaining Stake in Renaissance JV

Eni to Sell Final 5% Stake in Nigeria’s Renaissance Africa Energy JV as Major Oil Majors Exit Onshore Assets Eni is preparing to sell its remaining 5% stake in the Renaissance Africa Energy joint venture in Nigeria, marking another step in the gradual withdrawal of major international oil companies from the country’s onshore oil sector. The company said the identity of the buyer and the value of the transaction will remain confidential for now. The

Loading

Read More Here

International Energy Mining News

DRC Weighs Stake in $270M Zambia Power Link to Ease Mining Energy Shortages

DRC Considers Equity in Zambia Power Project to Boost Copper Output and Tackle Energy Deficit The Democratic Republic of the Congo is considering taking an equity stake in a $270 million cross-border electricity project with Zambia, as persistent power shortages threaten production in one of the world’s most important copper regions. According to the finance ministry, the proposed investment would give Kinshasa a direct role in developing a 200-kilometre high-voltage transmission line linking Kalumbila in

Loading

Read More Here

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

Loading

Read More Here

International Energy Gas News

Senegal Takes Full Control of Yakaar-Teranga Gas Project After Kosmos Energy Withdrawal

Senegal Transfers Yakaar-Teranga Gas Project to State Firm PETROSEN as Kosmos Energy Exits Major Offshore Development Senegal has moved to assume full control of its strategic Yakaar-Teranga Gas Project following an agreement for the withdrawal of US-based Kosmos Energy, marking a significant shift in the country’s upstream energy landscape. The decision places the development of one of West Africa’s largest gas discoveries firmly under state management. Prime Minister Ousmane Sonko announced that the agreement allows

Loading

Read More Here

International Energy Expos & Events

DRC Pushes for Energy Transformation as It Showcases Massive Hydropower Potential at African Energy Forum

DRC Highlights 167,000 MW Hydropower Potential at Invest in African Energy Forum 2026, Calls for Faster Project Execution The Minister of Water Resources and Electricity, Aimé Sakombi Molendo, participated on Tuesday, April 22, 2026, in a ministerial panel at the Invest in African Energy Forum 2026. The forum brings together governments, investors, and industry leaders to address financing, energy development, and energy security across Africa. During his intervention, the Minister revealed that the Democratic Republic

Loading

Read More Here

1 2 3 … 63