Energy

Nigeria
NNPC claims unpaid $285m from TotalEnergies

After 10 years of arbitration, a new complaint has been filed by the Nigerian national oil company against the French major concerning the Amenam-Kpono field. TotalEnergies stands accused of refusing to pay the amount corresponding to the orders of the first proceedings.

Palace Intrigues
Faustin-Archange Touadéra, Simone Gbagbo, François Louncény Fall

Intrigues big and small: every Thursday, Africa Intelligence takes a peek into the corridors of power in Africa and beyond.

Central African RepublicFaustin-Archange Touadéra dispatches master spy to Belgrade

Ivory CoastOuattara has the power over Simone Gbagbo's electricity?

Guinea, ChadTwo former prime ministers take up the pen

Nigeria
President Tinubu approves Nigerian National Petroleum Co blocks sale

The head of the national oil company hopes to offer some of his stakes in blocks for sale in the coming weeks. After obtaining presidential approval, he has enlisted a bank to structure the transaction.

South Africa
Gunvor loses pole position in bid to buy Shell service stations

The Anglo-Dutch giant no longer seems keen on selling its South African assets to the Swiss trader, despite the latter's continuining enthusiasm to move forward on the deal.

Nigeria
NNPC to sign $4.7bn loan with Aramco

Negotiations for a massive loan between the Nigerian national oil company and its Saudi counterpart, which have been underway for two years, are nearing completion. The sum will partly be used to refinance a previous loan, known as Project Gazelle.

Morocco
OCP and Fortescue's short-lived green hydrogen dream

The two firms had earmarked around $13bn for a green ammonia and hydrogen venture in southern Morocco. But the phosphate giant and the Australian miner have since abandoned their pact, leaving the door open for France's Engie.

Nigeria
ENI receives several offers for its SPDC shares

The Italian company was the last major to put its shares in the SPDC joint venture on the market. It has now received several bids. The Renaissance consortium appears to be in a strong position to take over, but its interest is viewed with suspicion in Abuja.

South Africa
The Central Energy Fund publishes misleading annual report

The CEF, the parent company of the heavily indebted PetroSA, posted an unexpected net profit in 2024-2025. Yet this figure masks countless structural difficulties.

Madagascar
US firm Symbion Power loses final round in power plant dispute to Vision Madagascar

In early December, the District Court for the Southern District of New York examined a dispute between Symbion Power, Chelsea Energy and Vision Madagascar.