South Africa’s Eskom Doubled Its Annual Profit to US$1.88 Billion While Selling Less Power
Eskom's annual profit more than doubled to R30.3 billion (US$1.88 billion) while sales fell 6.2%. Municipal arrears rose 17.9% to...
September 2, 2026Topic
Energy
Sonatrach and Sinopec Put Helium on the Table in Beijing
The Sonatrach Sinopec agreement signed in Beijing on 28 August covers unconventional hydrocarbons, petrochemicals and, unusually, helium.
September 2, 2026
Egypt and Russia Talk Up a Reactor and an Unopened Suez Zone
Egypt Russia relations were reviewed in a ministers call covering the El-Dabaa nuclear plant and a Suez industrial zone still...
August 29, 2026
London-Listed Aminex Threatens Arbitration Over Tanzanian Gas
Tanzania Ntorya gas development faces a dispute notice from Ndovu Resources against operator ARA Petroleum, months before a December first-gas...
August 29, 2026
Kinshasa and Luanda Push Shared Oil Zone and Fuel Deal
The Congo Angola oil zone and a Sonangol fuel supply arrangement were pushed forward when the two presidents met in...
August 29, 2026
Two Southern African Airports Hit Jet Fuel Trouble in One Week
A jet fuel shortage disrupted supply at OR Tambo after a Sasol refinery outage, while a contaminated cargo left Namibia...
August 29, 2026
TotalEnergies Says Its Namibian Oil Decision Cannot Wait
The Venus oil project in Namibia needs a decision before 2027, TotalEnergies says, warning contractor tenders will expire or cost...
August 26, 2026
Angola Awards US$492.89 Million Dam Deal to Its Own Lender
Angola awarded a US$492.89 million Capanda dam contract without tender to a consortium including Gemcorp, which also provides the credit...
August 26, 2026
Nigeria’s Power Grid Fell to 1,132 Megawatts
Nigerian electricity generation collapsed to 1,132 megawatts on Saturday night. Distributors began load shedding and no official explanation followed.
August 24, 2026