In the News

KEY POINTS The liquefied natural gas industry, LNG, long anchored in decades-long contracts and mutual trust, is now navigating its most turbulent phase yet. Billionaires Africa reports that what was …

KEY POINTS Aliko Dangote has ruled out acquiring any of Nigeria’s ailing state-owned refineries, saying he would rather expand his privately-owned Dangote Refinery than be accused of monopolising the nation’s …

KEY POINTS Libya’s National Oil Corporation, NOC, has announced a fresh oil discovery in the Sirte Basin made by Austria’s OMV, signalling renewed momentum in the country’s upstream sector amid …

KEY POINTS Eskom has begun installing smart meters across KwaZulu-Natal as part of a nationwide drive to overhaul South Africa’s ageing electricity infrastructure and address persistent load reduction.  The initiative …

KEY POINTS Nigerian crude prices held firm on Wednesday as data showed that US oil and fuel inventories dropped more than expected, offering a fresh spark to global oil markets. …

KEY POINTS Nigeria’s push toward clean energy is facing an uphill battle as the price of cooking gas continues to surge nationwide.  What was once a cheaper and healthier alternative …

KEY POINTS Nigeria’s economy has taken another hit as the recent nationwide strike by senior oil workers, PENGASSAN, caused massive disruptions in crude oil production, gas supply, and electricity generation.  …

KEY POINTS The Federal Government has secured about N700 billion from the Federation Account Allocation Committee (FAAC) to fund the installation of 1.1 million electricity meters nationwide by December 2025, …

KEY POINTS Nestoil Group has insisted that its operations across Nigeria remain unaffected despite the recent sealing of its Lagos head office by security operatives acting on a court order. …

KEY POINTS Eni signs agreement with Egypt’s Bioenergy Association to explore large-scale biogas production. The project will convert agricultural and animal waste into renewable energy and organic fertilisers. The initiative …