Oil & Gas Market Updates

South Africa’s Energy Transition Creates Major Opportunities for Youth, Says Ramokgopa

South Africa’s energy transition is opening significant opportunities for young people across power generation, transmission infrastructure, electrification and critical minerals, according to Electricity and Energy Minister Kgosientsho Ramokgopa. Speaking at the Youth in Energy Conference and Awards in Johannesburg, Ramokgopa urged young professionals and entrepreneurs to position themselves within the country’s rapidly evolving energy sector….

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Libya Approaches 1.5 Million BPD as Oil Sector Recovery Gains Momentum

Libya’s oil production has reached nearly 1.5 million bpd, its highest level since 2013, signalling renewed momentum in the country’s energy sector recovery and long-term growth ambitions.

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ADNOC and Dangote Group Assess Opportunities for Expanded Energy Collaboration

Abu Dhabi National Oil Company (ADNOC) and Nigeria’s Dangote Group have explored avenues for closer cooperation across energy and industrial sectors following high-level discussions in Abu Dhabi.The meeting brought together ADNOC Managing Director and Group Chief Executive Officer Sultan Ahmed Al Jaber and Dangote Group President and Chief Executive Officer Aliko Dangote at ADNOC’s headquarters,…

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Murphy Oil Discovery Strengthens Côte d’Ivoire’s Offshore Growth

Murphy Oil’s Bubale-1X offshore discovery strengthens Côte d’Ivoire’s upstream sector, boosting exploration momentum and supporting long-term production growth.

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NamPower Accelerates Transmission Investments to Support Namibia’s Future Power Needs

NamPower is advancing major grid expansion projects worth over US$245 million to strengthen Namibia’s transmission network and support future energy demand.

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Solplanet Unveils AI-Driven Commercial Energy Solutions at Intersolar 2026

Solplanet has unveiled a new generation of AI-enabled technologies at Intersolar Europe 2026, introducing integrated hardware and software solutions designed to simplify the management of commercial and industrial (C&I) energy systems. The company showcased three key innovations: an AI-Hub for commercial energy systems, a commercial battery storage platform and a next-generation cloud API platform. Together,…

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World Bank Backs Lesotho’s Energy Expansion with $55 Million Financing Package

The Government of Lesotho has secured approximately $55 million in financing from the World Bank to accelerate electricity access and support broader socio-economic development initiatives, with the energy sector receiving the largest share of the funding. The financing agreements were signed by the Minister of Finance and Development Planning, Dr Retšelisitsoe Matlanyane, and the World…

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Envision Energy Establishes Cape Town Base to Expand Southern African Clean Energy Operations

Global renewable energy technology provider Envision Energy has strengthened its presence in Africa with the launch of a regional office in Cape Town, positioning the company to capitalise on growing demand for renewable power and energy storage solutions across Southern Africa. The new office underscores Envision Energy’s long-term commitment to the South African market, which…

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Zimbabwe Secures 25-Year Offtake Agreement for Landmark 50MW Solar Project

Zimbabwe has taken another significant step towards expanding private-sector participation in its electricity market following the signing of a 25-year power purchase agreement (PPA) between ZimGreenCo and Dolcin Trading for a 50MW solar photovoltaic project near Chegutu. The agreement, concluded during the Africa Energy Forum in Cape Town, provides the long-term revenue certainty required to…

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Grid Constraints Threaten Africa’s Renewable Energy Momentum

Africa’s renewable energy sector continues to attract significant investment, but transmission infrastructure is increasingly becoming the industry’s biggest obstacle. While utility-scale solar and wind projects are advancing across the continent, limited grid capacity is preventing many developments from reaching commercial operation. These challenges dominated discussions at the Webber Wentzel Power Breakfast, where industry leaders examined…

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