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In the News

  • 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. …

  • In the NewsMarketsOil & Gas

    Oil Prices Climb Above $84 as Middle East Tensions Raise Fears of Global Supply Disruption

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

    KEY POINTS Global oil prices rose sharply on Tuesday as escalating tensions in the Middle East raised concerns about a prolonged conflict and the potential disruption of global energy supply. …

  • In the News

    Minna Residents Protest Power Outages and Estimated Billing, Demand Prepaid Meters

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

    KEY POINTS Residents of Minna, the capital of Niger State, on Thursday staged a peaceful protest over ongoing power outages and what they described as unfair estimated electricity billing by …

  • In the NewsOil & Gas

    Oando Backs Indigenous Oil Producers as Output Rises

    by Oluwatosin Racheal Alabi March 5, 2026
    by Oluwatosin Racheal Alabi March 5, 2026

    KEY POINTS Oando Energy Resources has reaffirmed its support for Nigeria’s indigenous oil producers as local firms continue to take on a greater role in the country’s upstream sector. The …

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  • Dangote Refinery Raises Petrol Price Again
  • Power Sector Debt Crisis Deepens as Adelabu Assures Nigerians of Imminent Electricity Stability
  • Iran Strike Knocks out Shell’s Pearl GTL Train in Qatar for at Least a Year

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Nigeria’s Oil Boom: Record Production in September 2023

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Eni Announces Major Offshore Libya Gas Discovery
Chevron Surpasses $400 Billion Valuation as Oil Rally Drives...
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