In the News

KEY POINTS Ikeja Electric has announced a fresh round of price adjustments for prepaid meters, introducing higher tariffs that take effect from 6 August 2025. The update covers both single-phase …

Oil prices drifted sideways on Thursday, leaving traders to balance the faint promise of movement on peace talks between Russia and Ukraine against the drag of Western sanctions on Moscow’s …

Nigeria’s domestic gas supply has received a significant boost after the NNPC and Heirs Energies joint venture on OML 17 added 135 million standard cubic feet of gas per day …

KEY POINTS The National Energy Regulator of South Africa, NERSA, has taken a fresh step toward reshaping the country’s electricity market by inviting public participation on its draft Electricity Trading …

KEY POINTS Eskom has drawn a line under one of its longest-running contractual disputes at the Kusile power station after securing a sharply reduced settlement with the Stefanutti Stocks Basil …

KEY POINTS South Africa’s energy regulator has approved a reduction in the maximum price Sasol Gas may charge its customers, trimming the cap by 6 percent for the third quarter …

Nigeria’s petroleum import patterns are undergoing one of their sharpest changes in years, after new data revealed a steep fall in shipments from Malta as domestic refining gradually displaces foreign …

KEY POINTS Egypt’s President Abdel Fattah el-Sisi has held fresh talks with Claudio Descalzi, the chief executive of Eni, in Cairo, as the Italian energy group sets in motion another …

KEY POINTS The Nigerian National Petroleum Company Limited, NNPCL, has reported another year of sharp financial growth, declaring a profit after tax of N5.4 trillion for 2024, more than double …

KEY POINTS Dangote Petroleum Refinery and Petrochemicals is preparing for a significant scale-up of operations after selecting Honeywell to supply a suite of advanced technologies, catalysts and processing equipment aimed …