In the News

BP signals up to $5 billion in energy transition impairments as weaker oil prices, soft trading, and refinery outages weigh on fourth-quarter earnings

Angola signed a 150MW solar PPA in Abu Dhabi, anchoring the first phase of a 500MW programme to strengthen the southern grid and expand clean energy access

IRENA’s latest report maps 40 innovations already reshaping power systems, showing how renewables, policy reform and digital tools can strengthen energy resilience worldwide

Exxon maintains interest in Venezuela and may send an assessment team, even after President Trump criticized the company’s cautious stance on re-entering the country

Oil prices climbed as unrest in Iran raised fears of supply disruption, pushing traders to focus on geopolitical risk despite expectations of a global crude surplus

MA’AM Energy’s $750m takeover of Geregu Power is raising investor expectations, resetting valuations and signalling deeper private investment in Nigeria’s electricity market

Trump signaled he may bar Exxon from Venezuela after its CEO called the country uninvestable, highlighting lingering disputes over assets, debt and control of oil revenues

Goldman Sachs expects oil prices to weaken in 2026 as rising supply and inventories create a surplus, delaying a sustained recovery until at least 2027

Eterna Plc has opened a ₦21.52bn rights issue to fund expansion, boost liquidity and reinforce its balance sheet amid volatility in Nigeria’s downstream energy market

KEY POINTS Dangote Petroleum Refinery has denied claims that a surge in petrol imports late last year followed a breakdown in supply arrangements between the refinery and petroleum marketers. The …