KEY POINTS Nigeria’s economy, long powered by non-oil sectors, saw the balance shift slightly in the second quarter of 2025 as crude oil output rebounded sharply, lifting the petroleum industry’s …
In the News
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Oil extended losses after Iraq and Kurdish authorities agreed to restart a halted pipeline, fueling oversupply concerns and pressure on crude prices
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Malaysia’s Court of Appeal orders Shell MDS to settle overdue gas payments to Petronas, ending months of dispute over invoices and arrears
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In the NewsOil & Gas
Dangote Refinery Wins Praise for Driving Down Fuel Prices, Boosting FX Stability
KEY POINTS A coalition of civil society groups has applauded the Dangote Refinery and Petrochemicals Company for what they describe as a “game-changing” role in easing fuel costs and shoring …
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Energy TransitionIn the News
Nigeria’s Grid Faces New Blow as Vandals, Storm Topple Transmission Tower in Kaduna
KEY POINTS Nigeria’s already fragile electricity network suffered another setback last week after a transmission grid collapsed in Kaduna, leaving parts of the state without power. The Transmission Company of …
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KEY POINTS The Nigerian National Petroleum Company, NNPC, Limited has tapped U.S. energy technology giant Honeywell UOP to carry out a detailed evaluation of the long-idle Port Harcourt refinery, a …
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Global nuclear projects slowdown expected as aging plants, cost pressures, and renewables disrupt long-term expansion despite record 2024 output
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Namibia faces a looming green hydrogen worker shortage as training programs ramp up to prepare youth and women for the energy transition
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KEY POINTS Nigeria’s crude oil production rose by 5.5% in August compared with the same month a year earlier, a boost that brings the country closer to its OPEC target …
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Energy TransitionIn the News
Nigeria’s Net Billing Debate Splits Experts as NERC Pushes Solar-to-Grid Plan
KEY POINTS Dr. Sam Amadi, a former chairman of NERC, urged caution, calling the idea premature. “Net billing is one of the important methodologies for renewable energy market,” Amadi said …