Petrobras has agreed to buy a 75% working interest in São Tomé and Príncipe’s offshore Block 3, taking operatorship from Oranto Petroleum.
In the News
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South Africa’s fuel industry is rerouting imports away from the Arabian Gulf, securing April-to-June shipments from West Africa, the Atlantic Basin and Asia.
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The Iran war’s energy shock is pushing Asia and Africa to expand nuclear power, with governments fast-tracking reactor plans across both continents.
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President William Ruto defended Kenya’s high fuel prices at a Karen church service, saying Kenya is a middle-income country unlike its less-developed neighbors.
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In the NewsOil & Gas
Algeria Unveils 2026 Oil and Gas Bid Round to Boost Output and Attract Investors
KEY POINTS Algeria has launched its 2026 oil and gas licensing round, offering seven exploration blocks as part of efforts to expand production capacity and draw international investors into its …
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Energy TransitionIn the News
TCN Declares Force Majeure After Rainstorm Destroys Lagos–Osun Transmission Line
KEY POINTS The Transmission Company of Nigeria, TCN, has declared a force majeure following the collapse of a major transmission tower along the Ikeja West–Osogbo 330kV line after a severe …
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In the NewsOil & Gas
Nigeria Exports 55.39 Million Barrels as Dangote Refinery Struggles with Crude Shortage
KEY POINTS Nigeria exported a total of 55.39 million barrels of crude oil in the first two months of 2026, even as the Dangote Petroleum Refinery continues to grapple with …
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KEY POINTS NNPC Retail Limited has hosted the second edition of its women-focused initiative, She-Fix 2.0, aimed at promoting inclusion and expanding opportunities for women in Nigeria’s energy sector. The …
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KEY POINTS Nigeria has recorded a major milestone in its energy sector as the Dangote Petroleum Refinery & Petrochemicals pushed the country into becoming a net exporter of petrol for …
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In the NewsOil & Gas
NITDA, NNPC Deepen Alliance to Drive Digital Transformation in Nigeria’s Energy Sector
KEY POINTS The National Information Technology Development Agency, NITDA, and the Nigerian National Petroleum Corporation (NNPC) have strengthened their partnership to accelerate digital transformation across Nigeria’s energy sector. The renewed …