In the News

KEY POINTS Oando Plc recorded a significant improvement in its financial performance in the first half of 2026, reversing a substantial operating loss reported an operating profit of N127.8 billion …

Petrovietnam Gas is sounding out suppliers for a five-year LNG contract that would be Vietnam’s second term deal after this year’s agreement with Shell.

KEY POINTS President Bola Tinubu has approved a new regulatory and tax framework for offshore oil and gas projects as Nigeria seeks to attract as much as $50 billion in …

KEY POINTS West African energy regulators are stepping up efforts to create a regional fuel pricing benchmark and trading hub, with Nigeria’s Dangote refinery emerging as a major factor behind …

KEY POINTS Kenya Power has warned that the rapid growth of wind and solar power is creating challenges for the stability and reliability of the country’s electricity grid. The national …

KEY POINTS South Africa’s presidency has criticised Eskom chair Mteto Nyati for publicly raising concerns about the government’s plan to separate the electricity utility’s transmission business. The disagreement comes as …

KEY POINTS The Oil & Gas Professionals Forum, OGPF, has accused the Nigerian National Petroleum Company Limited (NNPCL) of avoiding the main issues raised about the recent Marginal Field bid …

KEY POINTS The Nigerian Upstream Petroleum Regulatory Commission, NUPRC, has disclosed that oil producers offered 68.1 million barrels of crude oil to the Dangote Refinery in the second quarter of …

KEY POINTS Geregu Power Plc has failed to make a scheduled payment on its N40.09 billion Series 1 senior unsecured bond, raising concerns about the company’s ability to meet its …

KEY POINTS The Nigerian Electricity Regulatory Commission, NERC, has dissolved the board of directors of Kaduna Electricity Distribution Company, KAEDCO, over its failure to meet its financial obligations to the …