Oluwatosin Racheal Alabi

KEY POINTS Crude oil prices remained broadly unchanged on Monday even after OPEC+ announced plans to slow its production growth, with traders balancing concerns over a potential surplus against fresh …

KEY POINTS The Dangote Group has moved to allay public concerns over Nigeria’s new fuel import tariff, saying the policy will not raise pump prices but will instead protect the …

KEY POINTS Cooking gas prices across Nigeria have continued to soar despite repeated assurances from marketers that the commodity would soon revert to its pre-October range of N950 to N1,000 …

KEY POINTS Nigeria’s oil magnate Tein Jack-Rich has called on African nations to take charge of their own energy future by using the continent’s immense gas reserves and market potential …

KEY POINTS The Dangote Petroleum Refinery has reached a historic milestone, producing a combined 70 million litres of petrol and diesel daily, a volume that outstrips Nigeria’s total domestic fuel …

KEY POINTS ExxonMobil is in advanced discussions with power producers and leading technology companies to provide energy for artificial intelligence data centres using natural gas facilities equipped with carbon capture …

KEY POINTS Eskom Holdings SOC Limited has announced a sweeping reconstitution of its Board of Directors, unveiling seven new appointments effective 1 December 2025, in what officials describe as a …

KEY POINTS Mozambique’s government has hinted at possible resistance to TotalEnergies’ revised budget and timeline for its liquefied natural gas, LNG, project, signalling that the country may not easily approve …

KEY POINTS The liquefied natural gas industry, LNG, long anchored in decades-long contracts and mutual trust, is now navigating its most turbulent phase yet. Billionaires Africa reports that what was …

KEY POINTS Aliko Dangote has ruled out acquiring any of Nigeria’s ailing state-owned refineries, saying he would rather expand his privately-owned Dangote Refinery than be accused of monopolising the nation’s …