Oluwatosin Racheal Alabi

KEY POINTS MainPower Electricity Distribution Limited blames “code coverage conflicts” and other technical issues for the frequent blackouts that have affected parts of Enugu. These issues make it challenging to …

KEY POINTS With the signing of a significant LNG contract with Indian Oil Corp., Trafigura has made a new move into one of Asia’s fastest-growing gas markets. The Singapore-based company …

KEY POINTS Dr. Sam Amadi leans forward, palms flat on the table. “Predictable surprise,” he calls it. The former chairman of Nigeria’s Electricity Regulatory Commission (NERC) isn’t mincing words about …

KEY POINTS Nigeria’s flagship Bonny Light crude ended Friday just shy of $69 a barrel, barely snapping a six-day losing streak, as global markets weighed the possibility of a U.S.-brokered …

KEY POINTS With an R4.4 billion investment plan, Octopus Energy, the British renewable energy behemoth known for providing thousands of households with free electricity, is aiming to accelerate Sub-Saharan Africa’s …

KEY POINTS Global energy giants have long controlled Nigeria’s deepwater oil and gas fields, but a quiet but significant power shift is now taking place. The era of uncontested international …

KEY POINTS Far from the busy markets of London or New York, the flickering numbers on trading screens—Brent crude at $67.02 a barrel—tell a different story. That figure is more …

KEY POINTS Environment Minister Dion George confirmed Friday that state-owned Eskom has received environmental approval to move forward with a 4,000-megawatt facility in the Western Cape, bringing South Africa one …

KEY POINTS As the downstream oil marketer reported its worst half-year performance since 2020, Conoil Plc is going through its most challenging period in six years. Falling revenues, eroded margins, …

KEY POINTS With a record-breaking $35 billion export agreement to supply natural gas to Egypt through 2040, Israel’s Leviathan gas field, a deepwater reservoir off the Mediterranean Coast has strengthened …