Ikeoluwa Juliana Ogungbangbe

KEY POINTS The Federal Government’s new fiscal incentives for deep offshore oil and gas projects are expected to attract more than $50 billion in fresh investment and help Nigeria significantly …

KEY POINTS ExxonMobil is advancing preparations for the $20 billion Rovuma LNG project in Mozambique, awarding new engineering contracts as the massive gas development moves closer to a final investment …

KEY POINTS The Organisation of the Petroleum Exporting Countries, OPEC, has lowered its forecast for global oil demand growth in 2026, citing weaker expected consumption across key Asian markets. In …

KEY POINTS The National Industrial Court of Nigeria sitting in Ikoyi, Lagos, has nullified the dissolution of the Petroleum and Natural Gas Senior Staff Association of Nigeria, PENGASSAN, Chevron Branch …

KEY POINTS South Africa is grappling with the aftermath of a massive winter storm system that has battered multiple provinces with heavy snowfall, driving rain, gale-force winds, and freezing temperatures. …

KEY POINTS Oando Plc recorded a significant improvement in its financial performance in the first half of 2026, reversing a substantial operating loss reported an operating profit of N127.8 billion …

KEY POINTS President Bola Tinubu has approved a new regulatory and tax framework for offshore oil and gas projects as Nigeria seeks to attract as much as $50 billion in …

KEY POINTS West African energy regulators are stepping up efforts to create a regional fuel pricing benchmark and trading hub, with Nigeria’s Dangote refinery emerging as a major factor behind …

KEY POINTS Kenya Power has warned that the rapid growth of wind and solar power is creating challenges for the stability and reliability of the country’s electricity grid. The national …

KEY POINTS South Africa’s presidency has criticised Eskom chair Mteto Nyati for publicly raising concerns about the government’s plan to separate the electricity utility’s transmission business. The disagreement comes as …