In the News

KEY POINTS South Africa’s state-owned power utility Eskom has reported a sharp improvement in its financial performance, recording a R30.3 billion profit after tax for the financial year ended March …

KEY POINTS The price of cooking gas has dropped by 39 per cent across Nigeria, offering some relief to households following an increase in the supply of Liquefied Petroleum Gas, …

ExxonMobil has commenced a major investment in science, technology, engineering and mathematics (STEM) education in Guyana, with the launch of a programme designed to strengthen the country’s future workforce. The …

KEY POINTS Italian energy giant Eni has rejected reports that it asked Libya to increase natural gas supplies to Italy by 20%, saying the document used to support the claim …

KEY POINTS Petrol prices are edging towards N1,400 per litre in parts of Nigeria following another increase in the ex-depot price of Premium Motor Spirit (PMS) by the Dangote Petroleum …

KEY POINTS Dangote Petroleum Refinery is considering restricting petrol supplies to major oil marketers that continue to import Premium Motor Spirit (PMS) into Nigeria, amid growing concerns over fuel quality, …

KEY POINTS Residents of the Federal Capital Territory (FCT) are continuing to struggle with the high cost of cooking gas, despite a recent decline in Liquefied Petroleum Gas (LPG) prices. …

KEY POINTS Three years after the Federal Government began promoting compressed natural gas, CNG, as a cheaper alternative to petrol, the initiative has yet to gain significant traction among private …

KEY POINTS Fourteen municipalities across South Africa are facing the possibility of electricity supply interruptions after failing to conclude Distribution Agency Agreements (DAAs) with Eskom ahead of a September 1 …

KEY POINTS Seplat Energy Chief Executive Officer, Effiong Okon, has urged independent oil and gas operators in Nigeria to make asset integrity a top priority, warning that ageing infrastructure, poor …