Oluwatosin Racheal Alabi

KEY POINTS Seplat Energy Plc has made history on the Nigerian Exchange (NGX), becoming the first listed company to record a five-digit share price after closing at N10,450 per share. …

KEY POINTS Algeria has granted BP Plc a new prospecting authorisation in its eastern basin, as the country intensifies efforts to expand hydrocarbon exploration and attract international investment. The approval, …

KEY POINTS Shell Plc is in advanced discussions with Abu Dhabi National Oil Company, ADNOC, over the potential sale of its retail fuel network in South Africa, in a deal …

KEY POINTS Nigeria’s petrol importation rose sharply in March 2026, even as domestic refining capacity remained strong, according to new data released by the Nigerian Midstream and Downstream Petroleum Regulatory …

KEY POINTS Botswana has signed a series of agreements with Oman aimed at strengthening economic ties and reducing its dependence on diamond mining. The deals were finalised during President Duma …

KEY POINTS Nigeria is set to achieve a major milestone in its energy sector as plans are underway to commence natural gas deliveries to Abuja by July 2026 through the …

KEY POINTS ExxonMobil is bracing for a noticeable decline in its oil and gas output as escalating tensions in the Middle East continue to disrupt operations across the region. The …

KEY POINTS Nigeria’s power sector regulator, the Nigerian Electricity Regulatory Commission, NERC, has rolled out fresh guidelines aimed at improving transparency and reducing electricity transmission losses across the country’s grid. …

KEY POINTS TotalEnergies has confirmed that one of the processing units at the SATORP refinery in Saudi Arabia was damaged during overnight incidents earlier in the week. The company said …

KEY POINTS Shell plc has projected a decline in its first-quarter gas production alongside a significant short-term strain on liquidity, largely driven by disruptions linked to the ongoing tensions involving …