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In the News

  • In the NewsMarketsOil & Gas

    Dangote Refinery Raises Petrol Price to N995 Per Litre as Global Oil Costs Surge

    by Oluwatosin Racheal Alabi March 8, 2026
    by Oluwatosin Racheal Alabi March 8, 2026

    KEY POINTS The Dangote Refinery has raised the ex-gantry price of Premium Motor Spirit, petrol, to N995 per litre, marking a N121 increase from its previous rate of N874 per …

  • In the NewsMarketsOil & Gas

    Iran Conflict Pushes Global Oil Prices Above $90

    by Oluwatosin Racheal Alabi March 8, 2026
    by Oluwatosin Racheal Alabi March 8, 2026

    KEY POINTS Global oil prices have surged past $90 per barrel following the escalating conflict involving Iran, triggering fears of another wave of global inflation. The international oil benchmark, Brent …

  • Energy TransitionIn the News

    Nigeria’s Power Grid Struggles as Only Eight Plants Generate 1,212MW

    by Ikeoluwa Juliana Ogungbangbe March 7, 2026
    by Ikeoluwa Juliana Ogungbangbe March 7, 2026

    KEY POINTS Nigeria’s national power grid is once again under strain, with only a small number of power plants contributing electricity to the system. Latest operational data from the Nigerian …

  • Energy TransitionIn the News

    Eskom Threatens to Cut Power to Ekurhuleni Over R3.4 Billion Electricity Debt

    by Ikeoluwa Juliana Ogungbangbe March 7, 2026
    by Ikeoluwa Juliana Ogungbangbe March 7, 2026

    KEY POINTS South Africa’s state-owned power utility, Eskom, has issued a formal notice warning that it could reduce or completely interrupt electricity supply to large parts of the Ekurhuleni Metropolitan …

  • In the News

    Edo Assembly Summons BEDC Over Worsening Power Outages

    by Oluwatosin Racheal Alabi March 6, 2026
    by Oluwatosin Racheal Alabi March 6, 2026

    KEY POINTS The Edo State House of Assembly has summoned the management of the Benin Electricity Distribution Company to appear before lawmakers over the persistent and worsening electricity outages across …

  • Energy TransitionIn the News

    Eskom Warns 14 South African Municipalities of Possible Power Cuts Over Unpaid Debts

    by Oluwatosin Racheal Alabi March 6, 2026
    by Oluwatosin Racheal Alabi March 6, 2026

    KEY POINTS Eskom, South Africa’s state-owned electricity provider, has started issuing formal notices to 14 municipalities over unpaid electricity bills and financial mismanagement. The affected municipalities are being given a …

  • Energy TransitionIn the News

    Gas Shortages Push Nigeria’s Electricity Generation Below 4,000MW

    by Oluwatosin Racheal Alabi March 6, 2026
    by Oluwatosin Racheal Alabi March 6, 2026

    KEY POINTS Nigeria’s electricity generation has fallen below the 4,000-megawatt mark due to ongoing gas supply challenges, the Nigerian Independent System Operator, NISO, reported on Thursday. As of 5 a.m., …

  • In the NewsOil & Gas

    Tinubu Oversees Historic OPL 245 Settlement, Paving Way for Major Deepwater Investments

    by Oluwatosin Racheal Alabi March 6, 2026
    by Oluwatosin Racheal Alabi March 6, 2026

    KEY POINTS President Bola Tinubu on Thursday announced the successful conclusion of a landmark settlement between the Federal Government of Nigeria, ENI, and Nigerian Agip Exploration Limited (NAEL) over the …

  • In the NewsOil & Gas

    Dangote Refinery Absorbs Rising Crude Costs, Promises Steady Petrol Supply for Nigerians

    by Ikeoluwa Juliana Ogungbangbe March 6, 2026
    by Ikeoluwa Juliana Ogungbangbe March 6, 2026

    KEY POINTS Dangote Petroleum Refinery and Petrochemicals has reassured Nigerians that it will continue to maintain a steady supply of petrol despite recent disruptions in the global oil market. The …

  • Energy TransitionIn the News

    Tinubu Proposes New Grid Asset Management Company

    by Ikeoluwa Juliana Ogungbangbe March 6, 2026
    by Ikeoluwa Juliana Ogungbangbe March 6, 2026

    KEY POINTS President Bola Ahmed Tinubu has proposed the establishment of a Grid Asset Management Company (GAMCO) as part of efforts to tackle longstanding challenges in Nigeria’s electricity transmission network. …

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Latest Stories

  • Dangote Refinery Raises Petrol Price to N995 Per Litre as Global Oil Costs Surge
  • Iran Conflict Pushes Global Oil Prices Above $90
  • Nigeria’s Power Grid Struggles as Only Eight Plants Generate 1,212MW
  • Eskom Threatens to Cut Power to Ekurhuleni Over R3.4 Billion Electricity Debt
  • Edo Assembly Summons BEDC Over Worsening Power Outages

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Nigeria’s Oil Boom: Record Production in September 2023

Dangote Refinery Raises Petrol Price to N995 Per Litre as Global Oil Costs Surge
Iran Conflict Pushes Global Oil Prices Above $90

Latest Stories

Dangote Refinery Raises Petrol Price to N995 Per Litre...
Iran Conflict Pushes Global Oil Prices Above $90
Nigeria’s Power Grid Struggles as Only Eight Plants Generate...

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