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In the News

  • In the NewsOil & Gas

    Surge in Imports Pushes Cooking Gas Prices Down Toward N1,000/kg in Nigeria

    by Oluwatosin Racheal Alabi February 17, 2026
    by Oluwatosin Racheal Alabi February 17, 2026

    KEY POINTS Cooking gas prices across Nigeria are beginning to decline following a sharp rise in imports that has increased supply in local depots, according to new data released by …

  • In the News

    Tanzania PM Warns of Crackdown on Fraudulent Firms in EACOP Project

    by Ikeoluwa Juliana Ogungbangbe February 17, 2026
    by Ikeoluwa Juliana Ogungbangbe February 17, 2026

    Tanzania’s prime minister warns foreign owned firms posing as local companies will face sanctions in EACOP oil pipeline project

  • In the News

    Vitol Backs $3BN LNG Plant at Durban Port as South Africa Shifts From Coal

    by Ikeoluwa Juliana Ogungbangbe February 17, 2026
    by Ikeoluwa Juliana Ogungbangbe February 17, 2026

    Vitol joins consortium planning $3bn LNG power plant at Durban port to boost South Africa’s gas capacity and cut coal reliance

  • In the News

    Lyra Energy Secures Buyers for 255 MW Solar Project in South Africa

    by Ikeoluwa Juliana Ogungbangbe February 17, 2026
    by Ikeoluwa Juliana Ogungbangbe February 17, 2026

    Lyra Energy signs power purchase agreements with three private firms for its 255 MW Thakadu solar PV project

  • In the News

    Eni Makes Major Gas Discovery Offshore Côte d’Ivoire

    by Ikeoluwa Juliana Ogungbangbe February 17, 2026
    by Ikeoluwa Juliana Ogungbangbe February 17, 2026

    Eni reports a 5 Tcf gas discovery offshore Côte d’Ivoire, marking one of the country’s largest hydrocarbon finds to date.

  • Energy TransitionIn the NewsOil & Gas

    NOA Group, Sibanye-Stillwater Strike Major Renewable Power Deal Through Eskom Grid

    by Oluwatosin Racheal Alabi February 17, 2026
    by Oluwatosin Racheal Alabi February 17, 2026

    KEY POINTS In a major boost for clean energy use in Africa’s mining industry, NOA Group and Sibanye-Stillwater have signed a long-term renewable electricity agreement that will supply approximately 401 …

  • In the NewsMarketsOil & Gas

    Brent Crude Trades $67.78, $3 Above Nigeria’s 2026 Budget Benchmark

    by Oluwatosin Racheal Alabi February 17, 2026
    by Oluwatosin Racheal Alabi February 17, 2026

    KEY POINTS Brent oil prices held steady on Monday as traders weighed renewed diplomatic engagement between the United States and Iran against ongoing geopolitical tensions and fresh supply signals from …

  • In the NewsOil & Gas

    Chevron-Led Consortium Signs Major Gas Exploration Deal Off Greece

    by Oluwatosin Racheal Alabi February 17, 2026
    by Oluwatosin Racheal Alabi February 17, 2026

    KEY POINTS A consortium led by Chevron has signed exclusive lease agreements with Greece to explore natural gas reserves in deep-sea blocks off the country’s southern coast, marking a significant …

  • In the News

    NDPHC Moves to Safeguard Omotosho and Sapele Power Plants

    by Ikeoluwa Juliana Ogungbangbe February 16, 2026
    by Ikeoluwa Juliana Ogungbangbe February 16, 2026

    NDPHC completes insurance risk survey at Omotosho and Sapele power plants to strengthen asset integrity and improve operational reliability

  • In the News

    Eni Confirms 500 Million Barrel Oil Discovery Offshore Angola

    by Ikeoluwa Juliana Ogungbangbe February 16, 2026
    by Ikeoluwa Juliana Ogungbangbe February 16, 2026

    Eni confirms 500 million barrels of oil in Angola Block 15 06, with Algaita 01 discovery near existing offshore infrastructure

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  • Nigeria’s Power Grid Struggles as Only Eight Plants Generate 1,212MW
  • Eskom Threatens to Cut Power to Ekurhuleni Over R3.4 Billion Electricity Debt
  • Edo Assembly Summons BEDC Over Worsening Power Outages
  • Eskom Warns 14 South African Municipalities of Possible Power Cuts Over Unpaid Debts
  • Gas Shortages Push Nigeria’s Electricity Generation Below 4,000MW

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Editors' Picks

Nigeria’s Oil Boom: Record Production in September 2023

Nigeria’s Power Grid Struggles as Only Eight Plants Generate 1,212MW
Eskom Threatens to Cut Power to Ekurhuleni Over R3.4 Billion Electricity Debt

Latest Stories

Nigeria’s Power Grid Struggles as Only Eight Plants Generate...
Eskom Threatens to Cut Power to Ekurhuleni Over R3.4...
Edo Assembly Summons BEDC Over Worsening Power Outages

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