Oluwatosin Racheal Alabi

KEY POINTS Algeria has signed a sweeping $5.4 billion oil and gas production-sharing agreement with Saudi Arabia’s Midad Energy, marking one of the North African nation’s largest energy pacts in …

KEY POINTS South Africa’s state-owned power utility, Eskom, is planning to cut electricity tariffs after returning to profitability for the first time in eight years, a turnaround that its chairman, …

KEY POINTS Global oil markets are under renewed pressure as Brent crude prices dropped more than 6% in October, slipping toward $62 a barrel and struggling to hold above the …

KEY POINTS Eskom has officially kicked off its long-awaited smart meter installation drive in KwaZulu-Natal, marking the start of a sweeping plan to modernise South Africa’s electricity network and tackle …

KEY POINTS Italian energy giant Eni is gearing up to kick off its joint gas venture with Malaysia’s state-owned Petronas by 2026, marking another milestone in its strategy to expand …

KEY POINTS Nigeria’s Bonny Light crude held firm around $67 a barrel on Monday as a wave of renewed optimism swept through global oil markets, driven by hopes that the …

KEY POINTS Nigeria’s state-owned oil company, the Nigerian National Petroleum Company, NNPC, has raised the pump price of petrol to N992 per litre in Lagos, up from N865, marking yet …

KEY POINTS President Abdel Fattah El-Sisi has held discussions with ExxonMobil’s Vice President for Global Exploration, John Ardill, on the future of the American energy giant’s operations in Egypt, with …

KEY POINTS Prices of Liquefied Petroleum Gas (LPG), commonly known as cooking gas, have continued their sharp climb across Nigeria, driven by tightening supply and opportunistic market practices. Reports indicate …

KEY POINTS The Nigerian government has barred the Petroleum and Natural Gas Senior Staff Association of Nigeria, PENGASSAN, from launching strikes against the Dangote Refinery, declaring that such actions violate …