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In the News

  • In the NewsMarketsOil & Gas

    Cooking Gas Price Drops to N1,500/kg as Supply Improves

    by Oluwatosin Racheal Alabi June 26, 2026
    by Oluwatosin Racheal Alabi June 26, 2026

    KEY POINTS Nigerians are beginning to experience relief from the high cost of cooking gas as the price of Liquefied Petroleum Gas, LPG, commonly known as cooking gas, has fallen …

  • In the NewsOil & Gas

    ExxonMobil, Wallenius Wilhelmsen Successfully Complete B30 Biofuel Sea Trial

    by Oluwatosin Racheal Alabi June 26, 2026
    by Oluwatosin Racheal Alabi June 26, 2026

    KEY POINTS ExxonMobil and global shipping company Wallenius Wilhelmsen have successfully completed a sea trial using a B30 biofuel blend, marking another step toward reducing greenhouse gas emissions in the …

  • In the NewsOil & Gas

    NNPC Invites Bids for New Cawthorne Crude Oil Grade

    by Oluwatosin Racheal Alabi June 26, 2026
    by Oluwatosin Racheal Alabi June 26, 2026

    KEY POINTS Nigeria’s state-owned oil company, Nigerian National Petroleum Company Limited, NNPC, has commenced a competitive bidding process for the marketing of its newly introduced Cawthorne crude oil grade as …

  • In the News

    Nigeria Joins Top Solar Exporters Supplying Panels To The US

    by Ikeoluwa Juliana Ogungbangbe June 25, 2026
    by Ikeoluwa Juliana Ogungbangbe June 25, 2026

    Nigeria has broken into the top 10 countries shipping solar panels to the United States, a report shows, as global supply chains shift fast.

  • In the News

    NamPower Pours Billions Into Plan To Strengthen Namibia’s Power Grid

    by Ikeoluwa Juliana Ogungbangbe June 25, 2026
    by Ikeoluwa Juliana Ogungbangbe June 25, 2026

    Namibia’s state power firm has switched on Africa’s first digital substation near the coast, anchoring a sweeping plan to upgrade the national grid.

  • In the News

    Ghanaians Will Pay More For Electricity And Water From July 1

    by Ikeoluwa Juliana Ogungbangbe June 25, 2026
    by Ikeoluwa Juliana Ogungbangbe June 25, 2026

    Ghanaian households and businesses will see higher power and water bills from July 1 after the regulator approved its latest quarterly tariff increase.

  • In the News

    Zimbabwe Signs 25-Year Solar Deal To Boost Power Supply

    by Ikeoluwa Juliana Ogungbangbe June 25, 2026
    by Ikeoluwa Juliana Ogungbangbe June 25, 2026

    Zimbabwe has landed a 25-year deal for a 50-megawatt solar plant near Chegutu, a move expected to ease chronic power shortages and draw fresh investment.

  • In the NewsOil & Gas

    Petrol Price Jumps 55% to N1,596 Per Litre in One Year

    by Oluwatosin Racheal Alabi June 25, 2026
    by Oluwatosin Racheal Alabi June 25, 2026

    KEY POINTS The average retail price of Premium Motor Spirit (PMS), popularly known as petrol, increased significantly in May 2026, rising by 55.31 per cent compared to the same period …

  • In the NewsOil & Gas

    SEC Cracks Down on False Dangote Refinery IPO Promotions, Orders Immediate Refunds to Investors

    by Oluwatosin Racheal Alabi June 25, 2026
    by Oluwatosin Racheal Alabi June 25, 2026

    KEY POINTS Nigeria’s capital market regulator, the Securities and Exchange Commission, SEC, has ordered the immediate suspension of all promotional and marketing activities relating to a purported Initial Public Offering, …

  • In the News

    ExxonMobil Antwerp Refinery to Halt Operations for Five Days

    by Oluwatosin Racheal Alabi June 25, 2026
    by Oluwatosin Racheal Alabi June 25, 2026

    KEY POINTS ExxonMobil’s major oil refinery in Antwerp, Belgium, is set to temporarily suspend production for five days following a planned strike by workers protesting job losses and what they …

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