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. …
August 2025
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Energy TransitionIn the NewsMarkets
Bayelsa Takes Control of Power Market as Nigeria Decentralizes Electricity Regulation
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 …
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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 …
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Energy TransitionIn the NewsMarketsOil & Gas
Libya’s NOC Courts U.S. Investors With Energy Forum Amid Push to Revive Oil Output
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 …
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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 …
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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 …
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Energy TransitionIn the News
Cape Town’s Khayelitsha Shack Dwellers Clash With Eskom Over Power Cuts
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 …
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In the NewsMarketsOil & Gas
NNPC Profit Slumps Nearly 80% in July as Revenues Falter Despite Oil Gains
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 …
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Energy TransitionIn the NewsOil & Gas
Turkey Edges Closer to Libya Gas Exploration Deal Amid Thaw in Ties
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 …
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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 …