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Monthly Archives

August 2025

  • In the NewsMarkets

    Oil Prices Edge Higher as Russian Supply Risks Clash With OPEC+ Output Boost

    by Oluwatosin Racheal Alabi August 25, 2025
    by Oluwatosin Racheal Alabi August 25, 2025

    KEY POINTS Monday saw a slight increase in oil prices as traders weighed the prospect of additional barrels entering the market from OPEC+ against geopolitical tensions that threatened Russian supply. …

  • Energy TransitionIn the NewsMarkets

    Bayelsa Takes Control of Power Market as Nigeria Decentralizes Electricity Regulation

    by Oluwatosin Racheal Alabi August 25, 2025
    by Oluwatosin Racheal Alabi August 25, 2025

    KEY POINTS On Monday, the Nigerian Electricity Regulatory Commission, NERC, announced that it had given the recently formed Bayelsa Electricity Regulatory Agency (BYERA) control over the state’s power market. The …

  • In the NewsMarkets

    Anambra Faces Fuel Crisis as IPMAN Demand N900 Million Debt Settlement

    by Oluwatosin Racheal Alabi August 24, 2025
    by Oluwatosin Racheal Alabi August 24, 2025

    KEY POINTS The Independent Petroleum Marketers Association of Nigeria, IPMAN, has sounded the alarm over a mounting debt dispute with the Anambra State Government that could push fuel prices in …

  • Energy TransitionIn the NewsMarketsOil & Gas

    Libya’s NOC Courts U.S. Investors With Energy Forum Amid Push to Revive Oil Output

    by Oluwatosin Racheal Alabi August 24, 2025
    by Oluwatosin Racheal Alabi August 24, 2025

    KEY POINTS Libya’s National Oil Corporation, NOC, is preparing to host a landmark joint energy forum with American investors, a move designed to restore confidence and channel fresh capital into …

  • In the NewsOil & Gas

    Angola Rolls Out KUMA Training Project Ahead of Cabinda Refinery Start

    by Oluwatosin Racheal Alabi August 22, 2025
    by Oluwatosin Racheal Alabi August 22, 2025

    KEY POINTS As it gets ready to put its second Cabinda refinery online next month, Angola is working harder to connect the growth of its oil infrastructure with the training …

  • In the News

    Nigeria Pushes Ahead With Equatorial Guinea Gas Pipeline to Unlock Exports

    by Oluwatosin Racheal Alabi August 22, 2025
    by Oluwatosin Racheal Alabi August 22, 2025

    KEY POINTS In an effort to increase export potential and fortify regional energy ties, Nigeria is proceeding with plans to link Equatorial Guinea with its enormous but underutilised natural gas …

  • Energy TransitionIn the News

    Cape Town’s Khayelitsha Shack Dwellers Clash With Eskom Over Power Cuts

    by Oluwatosin Racheal Alabi August 22, 2025
    by Oluwatosin Racheal Alabi August 22, 2025

    KEY POINTS After Eskom and law enforcement officials removed dozens of illegal electricity connections that had been powering hundreds of informal homes, residents of Khayelitsha, Cape Town‘s New Monwabisi Park …

  • In the NewsMarketsOil & Gas

    NNPC Profit Slumps Nearly 80% in July as Revenues Falter Despite Oil Gains

    by Oluwatosin Racheal Alabi August 22, 2025
    by Oluwatosin Racheal Alabi August 22, 2025

    KEY POINTS After-tax earnings for the Nigerian National Petroleum Company Limited, NNPC, fell to ₦185 billion ($126 million) in July from ₦905 billion the month before, marking one of the …

  • Energy TransitionIn the NewsOil & Gas

    Turkey Edges Closer to Libya Gas Exploration Deal Amid Thaw in Ties

    by Oluwatosin Racheal Alabi August 21, 2025
    by Oluwatosin Racheal Alabi August 21, 2025

    KEY POINTS Libya’s eastern-based parliament is preparing to ratify a gas exploration accord that would give Turkey access to the North African nation’s Mediterranean waters, according to people familiar with …

  • In the NewsMarketsOil & Gas

    Nigerian Petrol Prices Ease Slightly in July as Inflation Slows

    by Oluwatosin Racheal Alabi August 21, 2025
    by Oluwatosin Racheal Alabi August 21, 2025

    KEY POINTS In July, Nigeria’s petrol prices slightly decreased, providing little respite to consumers from months of high energy prices that still have a significant impact on household budgets and …

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  • 10 African Countries Leading in Renewable Energy Adoption

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Editors' Picks

Nigeria’s Oil Boom: Record Production in September 2023

ExxonMobil Deploys Drone Technology to Boost Offshore Efficiency in Angola
Nigeria Braces for Fiscal Strain as OPEC Pushes Ahead With Oil Output Hike

Latest Stories

ExxonMobil Deploys Drone Technology to Boost Offshore Efficiency in...
Nigeria Braces for Fiscal Strain as OPEC Pushes Ahead...
Dangote Refinery Denies Petrol Unit Shutdown After Report of...

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