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In the News

  • GovernmentIn the NewsOil & Gas

    Gambia Signs Offshore Oil Deal with Eni

    by Oluwatosin Racheal Alabi June 10, 2026
    by Oluwatosin Racheal Alabi June 10, 2026

    KEY POINTS The Government of The Gambia has signed a major offshore petroleum exploration agreement with global energy company Eni, marking a significant step in its ambition to develop the …

  • In the NewsMarketsOil & Gas

    Standard Bank Backs Dangote Refinery IPO

    by Oluwatosin Racheal Alabi June 10, 2026
    by Oluwatosin Racheal Alabi June 10, 2026

    KEY POINTS Africa’s largest financial institution, Standard Bank Group, has pledged its support for the planned Initial Public Offering, IPO, of the Dangote Petroleum Refinery, signalling strong investor confidence in …

  • In the News

    Ikogosi Resort Saves N513 Million After a $200,000 Solar Investment Cut Diesel Bills

    by Ikeoluwa Juliana Ogungbangbe June 9, 2026
    by Ikeoluwa Juliana Ogungbangbe June 9, 2026

    Ikogosi Warm Springs Resort has saved N513 million in energy costs after a $200,000 solar investment cut the facility’s diesel dependence significantly.

  • In the News

    Nigerian Independent Oil Producers Have Doubled Their Share of Output in a Decade

    by Ikeoluwa Juliana Ogungbangbe June 9, 2026
    by Ikeoluwa Juliana Ogungbangbe June 9, 2026

    Nigerian independent oil producers have doubled their share of national output over a decade, growing from 12 percent to 27 percent, Wood Mackenzie data shows.

  • In the News

    Energia Appoints Nigeria’s First Female Oil and Gas CFO Tai Oshisanya to Its Board

    by Ikeoluwa Juliana Ogungbangbe June 9, 2026
    by Ikeoluwa Juliana Ogungbangbe June 9, 2026

    Energia Limited has appointed Tai Oshisanya, widely recognized as Nigeria’s first female CFO of an international oil and gas company, to its board.

  • In the News

    GDC Says Gambia’s Power Crisis Is Now a National Emergency

    by Ikeoluwa Juliana Ogungbangbe June 9, 2026
    by Ikeoluwa Juliana Ogungbangbe June 9, 2026

    Gambia’s main opposition party has declared the country’s electricity crisis a national emergency, saying millions of dalasis are being lost daily as outages worsen.

  • In the News

    NMDPRA Expands Gas Distribution Plans Along AKK Corridor

    by Oluwatosin Racheal Alabi June 9, 2026
    by Oluwatosin Racheal Alabi June 9, 2026

    KEY POINTS The Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, has announced plans to expand gas distribution infrastructure along the Ajaokuta–Kaduna–Kano (AKK) pipeline corridor as part of efforts to …

  • In the NewsOil & Gas

    Petrol Imports Surge as Dangote Refinery Undergoes Maintenance

    by Oluwatosin Racheal Alabi June 9, 2026
    by Oluwatosin Racheal Alabi June 9, 2026

    KEY POINTS Nigeria’s petrol importation has risen sharply, reaching its highest level in four months in May, as temporary maintenance at the Dangote Refinery in Lekki reduced local fuel output …

  • Energy TransitionIn the News

    NERSA Moves to Cap Gas Price Hikes Over Sasol Monopoly Concerns

    by Oluwatosin Racheal Alabi June 9, 2026
    by Oluwatosin Racheal Alabi June 9, 2026

    KEY POINTS South Africa’s energy regulator, the National Energy Regulator of South Africa, NERSA, has proposed a cap on gas price increases in a bid to curb concerns over the …

  • In the News

    Eskom, Zululand Energy Terminal Sign Gas-to-Power Deal

    by Oluwatosin Racheal Alabi June 9, 2026
    by Oluwatosin Racheal Alabi June 9, 2026

    KEY POINTS South Africa’s power utility, Eskom, has signed a heads of agreement with Zululand Energy Terminal (ZET) to establish a long-term strategic partnership aimed at supporting the country’s gas-to-power …

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  • Dangote Refinery Targets $2bn in Landmark Stock Market Listing

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Nigeria’s Oil Boom: Record Production in September 2023

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S&P Raises Nigeria’s 2026 Inflation Forecast On Rising Energy...
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