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Monthly Archives

August 2025

  • In the NewsMarketsOil & Gas

    NNPC Trims Petrol Prices in Abuja, Lagos as Market Pressures Shift

    by Oluwatosin Racheal Alabi August 15, 2025
    by Oluwatosin Racheal Alabi August 15, 2025

    KEY POINTS Although it provides some respite for drivers, the Nigerian National Petroleum Company Limited‘s, NNPC decision to lower the pump price of gasoline by ₦10 per litre at its …

  • In the NewsOil & Gas

    Oando Books Profit on Massive Asset Reversal as Core Losses Deepen

    by Oluwatosin Racheal Alabi August 14, 2025
    by Oluwatosin Racheal Alabi August 14, 2025

    KEY POINTS After reversing billions of naira in previous asset impairments, Oando Plc managed to turn a small profit in the first half of 2025, concealing severe operational losses and …

  • Energy TransitionIn the News

    Eskom Seeks Bidders for 291MW Solar Push to Ease South Africa’s Power Strain

    by Oluwatosin Racheal Alabi August 14, 2025
    by Oluwatosin Racheal Alabi August 14, 2025

    KEY POINTS As part of its continuous efforts to stabilize the nation’s unstable electrical grid and lessen its dependency on aging coal-fired plants, South Africa’s troubled power company Eskom has …

  • In the NewsOil & Gas

    Egypt Plans to Boost Gas Output by 60% by 2027

    by Oluwatosin Racheal Alabi August 14, 2025
    by Oluwatosin Racheal Alabi August 14, 2025

    KEY POINTS As the government works to regain investor confidence by aggressively repaying arrears owed to foreign energy partners, Egypt plans to increase natural gas production by more than half …

  • In the NewsMarkets

    South African Court Blocks TotalEnergies’ Offshore Drilling Plan Over Flawed Review

    by Oluwatosin Racheal Alabi August 14, 2025
    by Oluwatosin Racheal Alabi August 14, 2025

    KEY POINTS A South African court has thrown out environmental approval for an offshore oil and gas exploration project led by TotalEnergies, ruling that the French energy giant’s assessment failed …

  • Energy Transition

    Eni, LG Chem Break Ground on South Korea’s First Biofuel and SAF Refinery

    by Oluwatosin Racheal Alabi August 13, 2025
    by Oluwatosin Racheal Alabi August 13, 2025

    KEY POINTS An important milestone in Asia’s shift to low-carbon transportation fuels has been reached with the start of construction on the nation’s first large-scale facility for the production of …

  • In the NewsMarketsOil & Gas

    Oil Prices Seen Slipping Below $60 by Year-End, EIA Warns

    by Oluwatosin Racheal Alabi August 13, 2025
    by Oluwatosin Racheal Alabi August 13, 2025

    KEY POINTS After the U.S. Energy Information Administration (EIA) predicted that Brent crude could average below $60 a barrel in the fourth quarter, a level last observed during the pandemic’s …

  • In the NewsMarketsOil & Gas

    Nigeria’s Fuel Consumption Falls 16% in June as Petrol Demand Slumps

    by Oluwatosin Racheal Alabi August 13, 2025
    by Oluwatosin Racheal Alabi August 13, 2025

    KEY POINTS According to new data from the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Nigeria’s daily fuel consumption fell precipitously in June, with overall supply levels reaching one …

  • In the NewsMarkets

    Dangote Refinery Cuts Petrol Ex-Depot Price by ₦30 in Bid to Ease Market Pressure

    by Oluwatosin Racheal Alabi August 13, 2025
    by Oluwatosin Racheal Alabi August 13, 2025

    KEY POINTS Dangote refinery has lowered the wholesale price of gasoline, the second big action in two months to stabilize supply and ease pressure on petrol prices. On Tuesday, Dangote …

  • Oil & Gas

    Angola Oil & Gas Awards Open Nominations as Sector Eyes Next Growth Phase

    by Oluwatosin Racheal Alabi August 12, 2025
    by Oluwatosin Racheal Alabi August 12, 2025

    KEY POINTS Nominations for Angola’s premier oil and gas event, AOG, which aims to highlight the businesses, people, and innovations influencing the nation’s most significant economic sector, have officially opened …

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  • Lagos Residents Protest 10-Day Power Blackout as Ikeja Electric Cites Transformer Fault
  • Nigerians Rally Behind Dangote Refinery as NUPENG Strike Threat Sparks Fierce Debate
  • Ethiopia Inaugurates Africa’s Largest Hydropower Dam

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© 2025 Energy News Africa Plus. All Rights Reserved.