Oluwatosin Racheal Alabi

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 …

KEY POINTS The prolonged blockade of the Strait of Hormuz has completely reshuffled the global oil order. Satellite imagery analyzed by German business publication WirtschaftsWoche and earth observation firm LiveEO …

KEY POINTS The Nigerian National Petroleum Company Limited, NNPC, has opposed the claims of the Dangote Petroleum Refinery in an ongoing legal dispute at the Federal High Court in Lagos, …

KEY POINTS The Federal High Court sitting in Port Harcourt, Rivers State, has issued a sweeping injunction restraining the Nigerian National Petroleum Company Limited, NNPCL, and all commercial banks operating …