In the News

KEY POINTS Africa recorded its strongest year of solar energy deployment in 2025, with South Africa and Nigeria emerging as the continent’s top drivers of new capacity, policy reforms and …

KEY POINTS US energy giant ExxonMobil has begun drilling an appraisal well offshore Guyana, aiming to evaluate the potential of a recent major oil and gas find in the Stabroek …

KEY POINTS South Africa’s power utility Eskom has warned that load-shedding could return near the end of the decade if planned new gas power plants are delayed and coal power …

KEY POINTS The Federal Government has announced a major shift in electricity subsidy policy, moving to distribute the financial burden across federal, state, and local governments starting in 2026. The …

KEY POINTS Officials from the Equatorial Guinea government and representatives of major oil companies, including Chevron, signed a pivotal gas development agreement in the capital, Malabo, on 30 January 2026. …

KEY POINTS Three subsidiaries of the Dangote Group; Dangote Petroleum Refinery, Dangote Fertiliser Plant, and Dangote Cement Plc,announced on Monday that they had signed strengthened gas supply contracts with units …

KEY POINTS Conoil Plc, one of Nigeria’s leading petroleum marketing companies listed on the Nigerian Exchange Limited, has reported a steep drop in profits for the 2025 financial year. The …

KEY POINTS The Nigerian Upstream Petroleum Regulatory Commission, NUPRC, is intensifying efforts to unlock Nigeria’s numerous stranded gas fields, aiming to expand the country’s gas reserves and boost energy security. …

KEY POINTS Nigeria’s liquefied natural gas, LNG, sector is navigating a complex global landscape as the Nigeria LNG, NLNG, company presses ahead with its ambitious Train 7 expansion project, even …

KEY POINTS ExxonMobil has reported earnings of $6.5 billion for the fourth quarter of 2025, bringing its full-year profit to $28.8 billion, according to the company’s latest financial statement. The …