KEY POINTS Residents of Cosmo City, northwest of Johannesburg, have endured more than six weeks without electricity after an Eskom transformer went up in flames. The power utility has now …
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KEY POINTS Aliko Dangote isn’t known for understatement. But when the billionaire industrialist declared that his 650,000-barrels-a-day refinery had ended Nigeria’s half-century struggle with fuel queues, it was a statement …
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In the NewsMarketsOil & Gas
Nigeria’s Petrol Import Bill Hits ₦4 Trillion in Just Six Months as Refining Lags
KEY POINTS Nigeria has spent a staggering ₦4 trillion ($2.58 billion) on petrol imports in the first half of 2025, according to fresh trade data that underscores the country’s stubborn …
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KEY POINTS The Economic and Financial Crimes Commission (EFCC) has stepped up its investigation into former Nigerian National Petroleum Corporation (NNPC) Group Managing Director Mele Kyari, directing him to report …
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KEY POINTS The Nigeria Union of Petroleum and Natural Gas Workers, NUPENG, has accused Dangote Petroleum Refinery of sponsoring divisions within its Petroleum Tanker Drivers (PTD) branch and obstructing workers’ …
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In the NewsOil & Gas
Craigwal Petroshore, NNPC E&P Lead Safety Workshop for Oil and Gas Professionals
KEY POINTS Craigwal Petroshore Limited, CPL, an indigenous engineering and EPCIC (Engineering, Procurement, Construction, Installation, and Commissioning) firm, teamed up with Nigerian National Petroleum Company Exploration & Production (NNPC E&P), …
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KEY POINTS NNPC Gas Marketing Limited’s sudden increase in Compressed Natural Gas, CNG, prices for trucks, commercial vehicles, and private cars has raised alarm among motorists and industry observers. In …
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In the NewsMarketsOil & Gas
Dangote Petroleum Cuts Petrol Prices, Launches Direct Distribution Nationwide
KEY POINTS Dangote Petroleum Refinery announced a landmark reduction in the price of Premium Motor Spirit (PMS), commonly known as petrol, and unveiled plans to begin direct distribution to filling …
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KEY POINTS Egypt used the Gastech 2025 conference in Milan this week to deepen ties with global energy heavyweights, with Petroleum Minister Karim Badawi meeting senior executives from Chevron, Eni, …
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KEY POINTS South Africa’s energy regulator admitted to Parliament this week that it made a multi-billion-rand blunder in calculating Eskom’s allowable revenue, a mistake that could saddle households and businesses …