Oluwatosin Racheal Alabi

KEY POINTS Nigeria has become an important alternative supplier of aviation fuel to Europe as geopolitical tensions between the United States and Iran disrupt traditional supply routes from the Middle …

KEY POINTS The City of Cape Town has issued a tender to procure 500 megawatts of electricity from energy traders through power purchase agreements ranging from one to ten years. …

KEY POINTS Nigeria’s crude oil reserves fell slightly to 37.01 billion barrels as of January 1, 2026, down from 37.28 billion barrels recorded a year earlier, according to the Nigerian …

KEY POINTS Abu Dhabi-based investment holding group 2PointZero announced that its subsidiary ePointZero will acquire all equity interests in US natural gas infrastructure company Traverse Midstream Partners for $2.25 billion. …

KEY POINTS Microsoft, Chevron and investment firm Engine No. 1 have entered into an exclusivity agreement to develop power generation and supply projects, as technology companies scramble to secure electricity …

KEY POINTS The Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, has called on the World Bank to support efforts to mobilise about $22 billion to bridge Nigeria’s gas infrastructure …

KEY POINTS AGOCO has resumed production at its stalled Nafoura well, now yielding 1,200 barrels per day (bpd). Chairman Mohamed Ben Shatwan revealed that the company is pursuing modern U.S. …

KEY POINTS The Nigerian National Petroleum Company Limited, NNPC, has raised crude oil allocations to the Dangote Petroleum Refinery and Petrochemicals, scheduling seven cargoes for May loading. This is an …

KEY POINTS Production at Libya’s Sharara oilfield is expected to return to normal levels within the next 48 hours, according to two field engineers familiar with operations at the site. …

KEY POINTS Nigeria’s oil and gas industry recorded a notable rise in capital inflows in 2025, attracting $17.98 million compared to $5.12 million in 2024, according to the latest capital …