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South African court blocks oil firm offshore exploration

South Africa A setback for French energy giant TotalEnergies after a South African court on Wednesday blocked its offshore oil exploration project off the Cape coast. The judge effectively annulled the environmental authorisations granted to the company and its joint venture partner, Shell, to exploit an offshore area of approximately 10,000 km². He found that […]
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Nigerians questions oil managing coy over missing N210 trillion

Nigeria  Nigeria’s oil wealth, managed by the Nigerian National Petroleum Company Limited (NNPCL), has been rocked by a staggering scandal involving N210 trillion unaccounted for over the six years from 2017 to 2023.  The figure emerged from a forensic audit scrutinized by the Senate Committee on Public Accounts in June 2025, triggering a fierce political […]