Oluwatosin Racheal Alabi

KEY POINTS ExxonMobil and Turkey’s state-owned oil company, Turkish Petroleum, have signed a memorandum of understanding to work together to look into new oil and gas exploration and development opportunities …

KEY POINTS Shell has agreed to buy stakes in two undeveloped offshore oil blocks in Angola from Chevron, strengthening its position in one of Africa’s most important crude producing nations. …

KEY POINTS As part of getting ready for Nigeria’s 2025 oil and gas licensing round, which is being closely watched by both local and international energy companies, the country’s upstream …

Seplat Energy Plc has named Canaccord Genuity Limited and Peel Hunt LLP as its new joint UK corporate brokers. This shows that more and more people are interested in the …

KEY POINTS Dangote Refinery has warned that Nigeria’s fuel prices could more than double if the country keeps relying on imported petrol instead of refining it at home. This has …

KEY POINTS AA Rano Nigeria, which was started by oil tycoon Auwalu Abdullahi Rano, has opened what it calls Nigeria’s first fully automated and unmanned fuel stations. This could change …

KEY POINTS South Africa’s state owned power utility, Eskom says it is now prioritising efforts to reduce electricity costs while maintaining a reliable supply, marking a shift after years of …

KEY POINTS In the third quarter of 2025, Nigeria’s electricity generation companies received a total of $7.12 million and N3.19 billion from bilateral customers. This shows that payment problems are …

KEY POINTS Nigeria’s electricity generation fell sharply in the third quarter of 2025, with gas supply shortages and mechanical outages cutting output by more than 600 gigawatt hours, according to …

KEY POINTS The Ibadan Electricity Distribution Company, IBEDC, has announced a planned power outage that will affect many areas of Ibadan. They have warned residents to expect daily outages for …