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In the News

  • In the News

    Iran Unrest Lifts Oil Prices

    by Ikeoluwa Juliana Ogungbangbe January 13, 2026
    by Ikeoluwa Juliana Ogungbangbe January 13, 2026

    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

  • In the News

    MA’AM Energy’s Geregu Deal Lifts Power Stocks

    by Ikeoluwa Juliana Ogungbangbe January 12, 2026
    by Ikeoluwa Juliana Ogungbangbe January 12, 2026

    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

  • In the News

    Trump Says He Might Exclude Exxon From Venezuela Oil

    by Ikeoluwa Juliana Ogungbangbe January 12, 2026
    by Ikeoluwa Juliana Ogungbangbe January 12, 2026

    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

  • In the News

    Goldman Sees Oil Prices Weaker in 2026

    by Ikeoluwa Juliana Ogungbangbe January 12, 2026
    by Ikeoluwa Juliana Ogungbangbe January 12, 2026

    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

  • In the News

    Eterna Opens ₦21.52bn Rights Issue

    by Ikeoluwa Juliana Ogungbangbe January 12, 2026
    by Ikeoluwa Juliana Ogungbangbe January 12, 2026

    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

  • In the NewsOil & Gas

    Dangote Refinery Rejects Claims of Petrol Supply Breakdown

    by Oluwatosin Racheal Alabi January 11, 2026
    by Oluwatosin Racheal Alabi January 11, 2026

    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 …

  • Energy TransitionIn the News

    Eskom Says Power System Stable as Post Holiday Demand Rises

    by Oluwatosin Racheal Alabi January 11, 2026
    by Oluwatosin Racheal Alabi January 11, 2026

    KEY POINTS Eskom says South Africa’s electricity system remains stable and capable of meeting higher demand expected in the coming weeks as businesses and industries resume operations after the festive …

  • In the News

    TotalEnergies Wins Offshore Exploration Permit in Lebanon

    by Ikeoluwa Juliana Ogungbangbe January 10, 2026
    by Ikeoluwa Juliana Ogungbangbe January 10, 2026

    TotalEnergies has secured a new offshore permit in Lebanon, pressing ahead with Mediterranean exploration as the country looks to gas discoveries to aid recovery

  • In the News

    SB Energy Secures $1 Billion From OpenAI, SoftBank

    by Ikeoluwa Juliana Ogungbangbe January 10, 2026
    by Ikeoluwa Juliana Ogungbangbe January 10, 2026

    OpenAI and SoftBank have invested $1 billion in SB Energy, backing large Texas data centers as electricity supply becomes central to the future of artificial intelligence.

  • In the News

    Meta Secures Long-Term Nuclear Power Deals

    by Ikeoluwa Juliana Ogungbangbe January 9, 2026
    by Ikeoluwa Juliana Ogungbangbe January 9, 2026

    Meta signed long-term nuclear power deals with Vistra and backed new reactor projects as it secures electricity supply for expanding data centers and artificial intelligence growth

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Nigeria’s Oil Boom: Record Production in September 2023

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Latest Stories

South Africa, Nigeria Power Africa’s Biggest-Ever Solar Expansion in...
ExxonMobil Launches Appraisal Drilling in Guyana to Expand Oil...
Eskom Warns Load-Shedding Could Return by End of Decade...

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