KEY POINTS ExxonMobil has reported a decline in its fourth-quarter earnings, blaming weaker crude oil prices for offsetting gains recorded from higher production volumes. The US energy giant posted profits …
KEY POINTS The Nigerian National Petroleum Company Limited, NNPC Ltd, has launched its Gas Master Plan 2026 (NGMP 2026), a new roadmap aimed at repositioning Nigeria’s gas industry as a …
KEY POINTS The Federal Government has reduced entry costs for Nigeria’s latest oil licensing round as part of efforts to deepen transparency, stimulate production, and draw fresh investment into the …
KEY POINTS Crude oil prices climbed sharply on Thursday, extending gains for a third consecutive session, as growing fears of a potential US military strike on Iran heightened concerns about …
KEY POINTS Nigeria’s crude oil exports are projected to fall by about 14 per cent in March, with scheduled loadings for four major crude grades estimated at roughly 793,000 barrels …
KEY POINTS South Africa’s energy regulator has approved an application by state-owned power utility Eskom to reduce electricity tariffs by 35 per cent for two distressed ferrochrome producers battling high …
KEY POINTS Members of South Africa’s energy regulator, the National Energy Regulator of South Africa, Nersa, have expressed uncertainty over Eskom’s request for an interim electricity tariff for Samancor and …
KEY POINTS The Nigerian Railway Corporation, NRC, has announced plans to deploy Liquefied Natural Gas, LNG-powered trains and expand Nigeria’s rail network to 10,000 kilometres within the next five years, …
KEY POINTS When much of the national transmission infrastructure was conceived decades ago, Nigeria’s economy was smaller, less industrialised, and far less digitally connected. Today, Africa’s largest economy is powered …
KEY POINTS Nigeria’s power distribution companies, DisCos, recorded a combined revenue of N208.78 billion in November 2025, according to the Nigerian Electricity Regulatory Commission, NERC. The figure represents a 1.01 …
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