Ayeni Akinola

Renewable Energy Boom Drives Up India’s Power Transmission Costs

November 07, 2025 India’s renewable energy boom is leading to soaring transmission costs as the country’s transmission network is being built on estimates of potential renewable power generation not on actual capacity or demand, according to a top electricity market executive.  This approach to transmission leads to surging transmission charges that state power utilities have […]Read More

TotalEnergies Signs 10-Year Data Center Power Deal in Spain

November 04, 2025 TotalEnergies on Tuesday announced a power purchase agreement with Data4 to supply renewable electricity to the data center developer’s sites in Spain for 10 years, as the French supermajor looks to boost its integrated power business with the key driver of global electricity demand.  The power purchase agreement (PPA) will begin in January 2026 […]Read More

BP Unlocks $1.5 Billion by Selling Stakes in US Midstream

November 03, 2025 bp has agreed to sell non-controlling stakes in its Permian and Eagle Ford midstream assets to private investment firm Sixth Street for $1.5 billion, advancing its capital optimization strategy while maintaining operational control. The deal covers bp’s bpx energy midstream infrastructure, including pipelines and four major Permian processing facilities, with Sixth Street acquiring 49% […]Read More

India’s Power Generation Suffers Sharpest Drop Since 2020

November 03, 2025 Power generation in India plunged by 6% in October from a year earlier – the sharpest drop since the Covid lockdowns in 2020 – as lower industrial demand due to holidays and unusually rainy weather dampened consumption, according to a Reuters analysis of government data. Total power generation fell to 142.45 billion kilowatt-hours (kWh), […]Read More

Trump’s Golden Gift to the Global Market

October 31, 2025 While it would be an understatement to say that Donald Trump has not been good for the South African economy, he has been a gift to the international gold market. Better yet for the gold market, Trump shows every sign of being a gift that will keep giving with his penchant for […]Read More

President Tinubu Decorates New Service Chiefs

October 30, 2025 President Tinubu has decorated Nigeria’s newly appointed Service Chiefs with their new ranks at the Council Chambers of the Presidential Villa in Abuja. The event was attended by top government officials, military leaders and family members He charged the newly appointed service chiefs to intensify efforts to defeat terrorism, banditry, and other […]Read More

NUPRC, PTDF reiterate commitment to ethical governance in hydrocarbon sector

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has reaffirmed its commitment to promoting ethical governance as the foundation for sustainable growth in Nigeria’s and Africa’s hydrocarbon industry. Mr Gbenga Komolafe, Commission Chief Executive, NUPRC reaffirmed the commitment on Wednesday in Abuja at the 2025 International Conference on Hydrocarbon Science and Technology (ICHST) organised by the […]Read More

Global LNG Exports Hit a Record High in September

October 24, 2025 Global Exports of liquefied natural gas increased to 34.59 million tons last month, which was the highest on record, the Gas Exporting Countries Forum reported. The global increase was driven by a boost in imports, at an annual 3.7%, which in turn was driven by a surge in demand in the European […]Read More

Sahara Group Expands Talent Pipeline with Graduate Business Analyst Program

Sahara Group has introduced the Sahara Graduate Business Analyst (GBA) Program to equip emerging talent with analytical, data-driven, and problem-solving skills necessary to enhance business performance and foster innovation in Africa’s energy sector. Bethel Obioma, Head, Corporate Communications at Sahara Group, said the new initiative highlights the company’s increased emphasis on insights, analytics, and decision intelligence for […]Read More

Dangote Group Denies Ownership of Truck in Akungba-Akoko Accident

Dangote Group has refuted reports circulating on social media and in some online platforms linking it to a truck involved in a road accident in Akungba-Akoko, Akoko South-West Local Government Area of Ondo State. The company wishes to make it categorically clear that the truck involved in the unfortunate incident does not belong to Dangote […]Read More

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