Adedotun Oyeniyi

KEY POINTS Oil prices fell by more than $1 a barrel on Monday as investors took profits following a two-week rally and waited for details of new US sanctions expected …

KEY POINTS Johannesburg has cleared its outstanding electricity debt to South African state power utility Eskom, bringing an end to a dispute that had threatened to trigger a major power …

KEY POINTS The Dangote Petroleum Refinery has increased the ex-depot price of petrol by N20 per litre, raising its latest gantry price from N1,165 to N1,185. The new price took …

KEY POINTS The Nigerian Economic Summit Group, NESG, has appointed Jim Swartz, Chairman and Managing Director of Chevron Nigeria and Mid-Africa, as a Director on its Board. The appointment, announced …

KEY POINTS The proposed Nigeria-Morocco gas pipeline is moving closer to becoming a major piece of Africa’s energy infrastructure, following a regional agreement that could pave the way for construction …

KEY POINTS Libya is seeking between $30 billion and $40 billion in fresh investment to rebuild and expand its oil and gas industry, as the North African producer targets a …

KEY POINTS Dangote Petroleum Refinery & Petrochemicals has secured $600 million in a completed private placement as it moves closer to a planned initial public offering (IPO). The fundraising represents …

KEY POINTS Eskom’s former chief executive, Andre de Ruyter, has come under renewed scrutiny after the utility’s chairman, Mteto Nyati, said the executive management team was disconnected from the realities …

KEY POINTS Chevron has announced a significant oil and gas condensate discovery at an exploration well in Block 0, offshore Angola, strengthening the energy giant’s efforts to expand production in …

KEY POINTS Oil prices climbed for a third consecutive session on Tuesday as hopes for a lasting peace agreement between the United States and Iran weakened, raising concerns that disruptions …