Saudi Arabia’s East-West pipeline shutdown, alongside ongoing Hormuz and Bab el-Mandeb risks, is tightening global energy supply and increasing volatility. USOIL and UKOIL remain bullish, while Natural Gas is slightly bullish as LNG supply risks intensify.
Nigeria’s upstream oil regulator has warned investors developing projects at gas-flaring sites that they could lose their permits if they fail to make sufficient progress.
Zambia’s energy sector recorded significant investment momentum in the first half of 2026, with more than 1GW of new electricity generation capacity approved during the period.
The Middle East conflict has increased the strategic appeal of Tanzania’s delayed $42-billion LNG project because it could provide LNG from a location less exposed to geopolitical disruptions. Equinor and Shell still need to resolve longstanding negotiations with the Tanzanian government before the project can advance.
East Africa’s race for energy dominance is intensifying after Nigerian billionaire Aliko Dangote agreed to build a $17 billion, 700,000-barrel-per-day refinery on Kenya’s Lamu Island.
Adani Energy Solutions said on Wednesday that it has won a 47-billion-rupee ($492.6 million) transmission project in Maharashtra, strengthening the conglomerate’s efforts to expand its clean-energy infrastructure.