In the News

KEY POINTS Dangote Industries Limited has pushed back against allegations by petroleum marketers that its refinery is giving preferential petrol prices to foreign traders, insisting that Nigeria remains the cheapest …

KEY POINTS Libya’s National Oil Corporation, NOC, is moving to deepen its collaboration with energy giant Schlumberger as the country looks to stabilize production and expand technical capacity after years …

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 …

Dangote refinery delivers its first gasoline cargo to the U.S., marking a milestone in Nigerian gasoline exports and global fuel trade

South Africa secures long-term leases for oil majors at Durban fuel hub, ending uncertainty and reinforcing national energy supply security

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 …

Eskom reliability strengthens with 119 days of uninterrupted power supply, signaling structural improvements but warning of risks from illegal connections

TotalEnergies and QatarEnergy advance Iraq energy initiative with new oil, gas, and water projects aimed at boosting power and jobs

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 …

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 …