Oluwatosin Racheal Alabi

KEY POINTS Egypt petroleum ministry has announced that the country will pay $1.3 billion in arrears to international oil companies by June, advancing its previously scheduled repayment timetable. The move …

KEY POINTS Eskom has outlined an ambitious plan to eliminate load reduction by 2027 through a phased nationwide smart meter rollout. The initiative, highlighted in its latest power system update, …

KEY POINTS Global crude oil prices closed the week ending March 20, 2026, at $112 per barrel, marking an 8.22% weekly increase. Brent Crude Futures have climbed more than 53% …

KEY POINTS Algeria, the world’s third-largest oil producer, is making significant progress on the long-stalled $13 billion Trans-Sahara Gas Pipeline, a 4,100-kilometre initiative aimed at transporting natural gas from West …

KEY POINTS Italian energy company Eni S.p.A. has announced a significant offshore gas discovery in Libya, estimated at more than one trillion cubic feet (Tcf). The newly discovered reserves are …

KEY POINTS Shares of Chevron have pushed the company’s market capitalization above $400 billion for the first time, placing the oil major among the 20 most valuable publicly traded companies …

KEY POINTS Qatar has confirmed that one of the two production trains at Shell’s Pearl gas-to-liquids (GTL) plant will remain offline for at least one year after sustaining damage from …

KEY POINTS Chevron has agreed to sell its stakes in two offshore oil blocks in Angola to Energean in a deal valued at $260 million, marking another step in the …

KEY POINTS The Nigerian Upstream Petroleum Regulatory Commission, NUPRC, has commenced an investigation into a gas bubbling incident reported in the Bille community of Rivers State, raising concerns over public …

KEY POINTS The Transmission Company of Nigeria (TCN) confirmed that Tower T99 along the Ughelli–Benin 330kV line collapsed because of vandals on March 15, 2026. The incident occurred in Coconut …