Oluwatosin Racheal Alabi

KEY POINTS Global oil markets may be heading toward another price shock as top energy executives warn that tightening supply conditions could push crude prices significantly higher in the coming …

KEY POINTS The Dangote Petroleum Refinery has achieved a major global milestone, becoming the world’s largest single exporter of aviation fuel in April, as supply disruptions in the Middle East …

KEY POINTS The Cederberg Municipality has received a second debt relief write-off of R14.9 million from National Treasury as part of an ongoing programme aimed at helping local governments reduce …

KEY POINTS The National Electricity Regulator of South Africa, Nersa, has confirmed that it has completed the approval process for all 176 electricity tariff applications submitted by licensed municipal and …

KEY POINTS Nigeria’s largest refinery, Dangote Refinery, has announced a reduction in the prices of Premium Motor Spirit (PMS), popularly known as petrol, and Automotive Gas Oil (AGO), commonly referred …

KEY POINTS The Nigerian National Petroleum Company Limited, NNPC recorded a sharp increase in its financial performance in April 2026, with revenue rising to N4.97 trillion from N2.77 trillion in …

KEY POINTS The Dangote Petroleum Refinery has reduced its gantry price of automotive gas oil (diesel) by N200 per litre, bringing the new rate down from N1,800 to N1,600. The …

KEY POINTS The Federal Capital Territory High Court in Abuja has dismissed a $19.6 million lawsuit filed against the Nigerian National Petroleum Company Limited, NNPC Ltd, by Alternate Dimensions Ventures …

KEY POINTS Shareholders of ExxonMobil have approved the company’s proposal to shift its legal incorporation to Texas, marking a significant corporate decision for one of the world’s largest energy companies. …

KEY POINTS Eskom has commenced construction of a new R1.2 billion 75-megawatt solar power plant at the Lethabo Power Station in the Free State province, marking a major milestone in …