G20 SUMMIT: PRESIDENT TINUBU DEMANDS EQUITY IN GLOBAL MINERAL TRADE,

November 23, 2025 President Bola Ahmed Tinubu has called for a global framework that benefits communities hosting critical minerals in Nigeria and Africa, ensuring value addition at the source. This is coming just as Nigeria also backed the creation of global ethical standards for Artificial Intelligence (AI), aimed at accelerating development across the world. President […]Read More

VP Shettima Departs South Africa To Represent President Tinubu At

November 23, 2025 Following the conclusion of his engagements at the 20th summit of the G20 Leaders in South Africa, Vice President Kashim Shettima has departed Johannesburg for Luanda to represent President Bola Tinubu at the AU-EU Summit scheduled for Angola. Vice President Shettima will join other Heads of State and Government from the African […]Read More

Angola Looks to Accelerate Mining Approvals to Attract Investment

November 20, 2025 Angola’s Minerals and Petroleum Minister, Diamantino Azevedo, called on the mining industry regulators to accelerate the permitting phase of new projects as one of Africa’s top oil producers looks to attract investments in critical minerals mining.  Azevedo said that the country needs to attract greater investment, support small and medium-sized enterprises (SMEs), and closely […]Read More

LNG Tanker Rates Soar on Booming U.S. Exports

November 18, 2025 LNG carrier rates for the Atlantic route between the U.S. and Europe have surged close to a two-year high on strong demand for American liquefied gas as Europe fills up its storage ahead of winter. The spot rate hit $98,250 per day on Monday, Bloomberg reports, which was a 19% increase and the […]Read More

Egypt Secures Another Western Desert Gas Find

November 17, 2025 A new gas discovery in Egypt’s Western Desert has added another timely boost to the country’s strained upstream portfolio. The well, identified as Gomana-1, encountered several gas-bearing intervals based on electric-log data, with early tests indicating output of around 36 million cubic feet per day, according to the Daily News Egypt.  The find […]Read More

TotalEnergies Boosts Power Business with $5.9 Billion Europe Deal

November 17, 2025 TotalEnergies is expanding its power business in Europe with a multi-billion all-stock deal to buy 50% of the flexible power generation assets of Czech firm EPH.   The French supermajor on Monday announced a $5.9-billion (5.1 billion euros) all-stock transaction with Energetický a pr?myslový holding, a.s. (EPH) to acquire 50% of its flexible power generation […]Read More

Nigeria’s Total Metering Rate Hits 55 Percent, Active Customers Near

11 November 2025 The total number of metered customers in Nigeria rose to 6,579,818 in August this year, improving the metering rate nationwide to 55.01 per cent, according to the latest data from the Nigerian Electricity Regulatory Commission (NERC) However, the numbers showed that while more households were supplied the measuring devices by the Distribution […]Read More

Oil Prices Sink 4% as OPEC Moves to Balanced 2026

November 12, 2025 Oil prices fell sharply on Wednesday after OPEC said it now expects the global market to be balanced in 2026, abandoning its earlier deficit forecast as non-OPEC production rises and inventories recover. The revision, detailed in the group’s Monthly Oil Market Report, triggered a new round of selling, with Brent futures down 3.67% to $62.77 […]Read More

Petrobras Hikes Dividend as Production Surge Offsets Lower Oil Prices

November 07, 2025 Petrobras will be paying higher dividends for the third quarter compared to the second quarter as production and earnings jumped sequentially, the Brazilian state-owned oil giant said. Petrobras booked a net income of $6 billion for the third quarter, up by 2.7% on the year and a 27.3% jump on the quarter, despite the […]Read More

‘Stop Roadblocks, Start Financing’ – Africa Calls for Pragmatism Over

The African Energy Chamber (AEC) is urging global financiers and policymakers to prioritize pragmatic, deal-ready investment over ideology. On November 21 in Johannesburg, the G20 Africa Energy Investment Forum, hosted by the AEC, will bring together G20 governments, institutional investors and African energy stakeholders to channel global capital toward Africa’s most urgent energy and infrastructure […]Read More

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