energy investment News
Latest articles and news about energy investment on AXL Media.
Latest Articles
- Former Power Minister Barth Nnaji Attributes Decade Of Energy Decay To Halted Investment Frameworks
Published: Apr 28, 2026
Section: Africa
Professor Barth Nnaji has criticized the lack of new major power plant financing in Nigeria over the last 11 years, blaming the discontinuation of government backed risk guarantees...
- Zelenskyy Arrives in Baku to Secure Five Strategic Bilateral Treaties and Expand Defense Manufacturing Partnerships
Published: Apr 25, 2026
Section: Ukraine War
President Volodymyr Zelenskyy conducted his first official visit to Azerbaijan since the outbreak of the war, meeting with President Ilham Aliyev on April 25, 2026, to finalize fiv...
- Belemaoil President Tein Jack-Rich and Roger Stone Convene at Mar-a-Lago for U.S.–Nigeria Trade Dialogue
Published: Apr 23, 2026
Section: Africa
Tein Jack-Rich, president of the indigenous energy firm Belemaoil, met with American political strategist Roger Stone at Mar-a-Lago to discuss expanding commercial ties between the...
- Sahara Power Group GMD Kola Adesina Joins World Bank-AfDB Mission 300 Council to Electrify Africa
Published: Apr 17, 2026
Section: Africa
Dr. Kola Adesina, GMD of Sahara Power Group, has been appointed to the Mission 300 Private Sector Council. This elite 14-member global body, launched by the World Bank, African Dev...
- Mercuria Backed Phoenix Global Resources Outlines Six Billion Dollar Expansion in Argentine Shale Fields
Published: Apr 2, 2026
Section: Americas
Phoenix Global Resources is launching a $6 billion investment plan to significantly expand its operations within Argentina’s Vaca Muerta shale formation. The initiative follows Pre...
- US Treasury Lifts Sanctions on Interim Venezuelan President in Major Diplomatic Pivot
Published: Apr 2, 2026
Section: Companies & Industry
The United States has formally removed sanctions against Venezuela’s interim President Delcy Rodriguez, signaling a significant shift in bilateral relations following the capture o...
- NNPC Targets $60 Billion Investment In Strategic Expansion To Unlock 600 Trillion Cubic Feet Of Gas
Published: Mar 28, 2026
Section: Africa
The Nigerian National Petroleum Company Limited has launched an ambitious new gas master plan aimed at tripling Nigeria’s validated reserves to 600 trillion cubic feet. By targetin...
- Chevron and Libya’s National Oil Corporation Formalize Strategic Exploration Agreement for Offshore Block NC 146
Published: Mar 27, 2026
Section: Africa
Libya’s National Oil Corporation has signed a landmark memorandum of understanding with the American energy conglomerate Chevron to initiate a comprehensive technical study of the...
- Nigeria’s Power Sector Secures $2bn in Fresh Investment as Federal Government Slashes Inherited Liabilities by 93%
Published: Mar 26, 2026
Section: Africa
Minister of Power Adebayo Adelabu has announced a major financial turnaround in Nigeria's energy sector, reducing inherited liabilities from N2.3tn to N146bn. Bolstered by the Elec...
- Chevron Finalizes Strategic Gas Monetization Agreements To Extend Equatorial Guinea’s Global LNG Supply
Published: Mar 24, 2026
Section: Africa
Noble Energy EG Ltd, a Chevron subsidiary, has signed definitive agreements with the government of Equatorial Guinea for the Aseng Gas Monetization Project. The deal leverages exis...
- Nigeria Eyes Strategic Revenue Windfall and Marginal Field Expansion Amid Global Oil Price Surge Above $100
Published: Mar 16, 2026
Section: Africa
NUPRC board nominee Magnus Abe informed the Senate that Nigeria is strategically positioned to leverage rising crude prices for upstream investment and gas optimization. Despite do...
- Nigeria Positions as Strategic Energy Alternative for Gulf Investors Amid Critical Middle East Oil Supply Disruptions
Published: Mar 12, 2026
Section: Africa
Foreign Minister Yusuf Tuggar has urged Gulf oil producers to diversify their market share by investing in Nigeria’s growing energy sector as conflict threatens the Strait of Hormu...