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 …
In the News
-
-
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 …
-
In the NewsOil & Gas
Nigerian Airlines Threaten Nationwide Shutdown Over 300% Surge in Jet Fuel Prices
KEY POINTS The Airline Operators of Nigeria (AON) has raised alarm over a dramatic spike in the cost of Jet A1 fuel, which surged from ₦900 per litre in late …
-
KEY POINTS Two major South African labour unions, the National Union of Mineworkers (NUM) and Solidarity, have accepted the 7% wage increase proposed by power utility Eskom. Union leaders confirmed …
-
KEY POINTS Africa’s richest industrialist, Aliko Dangote, is set to present a major industrial roadmap as the Dangote Group participates in the 2026 Nasarawa Trade Fair and Exhibition (NASTFE). The …
-
In the NewsMarketsOil & Gas
FG Commends ExxonMobil’s $3.5bn Investment, Seeks Increased Oil Sector Commitment
KEY POINTS The Federal Government has praised ExxonMobil Nigeria for investing over $3.5 billion in the country’s oil and gas sector, describing the move as a strong signal of renewed …
-
In the NewsMarketsOil & Gas
Oil Prices Climb as Doubts Over U.S.–Iran Peace Talks Deepen Hormuz Supply Fears
KEY POINTS Global oil prices rose by more than 1% on Thursday, recovering from earlier losses as traders grew increasingly doubtful that ongoing diplomatic efforts between the United States and …
-
KEY POINTS African energy stakeholders are mobilising an estimated $120 billion to construct six large-scale refineries comparable to the Dangote Petroleum Refinery, in a bold move to shield the continent …
-
KEY POINTS The Nigerian Senate, through its Public Accounts Committee (PAC), has issued a firm directive to the Nigerian National Petroleum Company Limited, NNPCL, to account for N210 trillion flagged …
-
In the News
Chevron, Rhino Intensify Offshore Namibia Exploration with New Orange Basin Drilling Plans
KEY POINTS Chevron is advancing its offshore Namibia strategy with plans to drill a new exploration well in Petroleum Exploration Licence (PEL) 90. The move follows the company’s earlier attempt …