In the News

KEY POINTS Dangote Refinery has increased the ex-depot price of Premium Motor Spirit (PMS), popularly known as petrol, from ₦1,275 to ₦1,350 per litre. The latest adjustment represents about a …

KEY POINTS The Nigerian Upstream Petroleum Regulatory Commission, NUPRC, has said Africa is becoming one of the most important regions in the global energy industry as geopolitical tensions and supply …

KEY POINTS Shell has reported a strong financial performance, posting adjusted profits of $6.92 billion for the first quarter of 2026, marking its highest quarterly profit in two years. The …

Nigeria’s Senate unanimously confirmed Olasunkanmi Tegbe as minister of power, charging him to fix grid collapse and a N6 trillion liquidity crisis.

KEY POINTS A coalition of oil sector reform advocates, the Centre for Energy Sector Transparency, has criticised the latest agreement between the Nigerian National Petroleum Company Limited, NNPC Ltd, and …

Nigeria has over 400 dams and enough hydropower potential to transform its power sector, yet most of that infrastructure sits idle and neglected.

Kenya’s $1 billion Microsoft data center is dead in the water after President Ruto said it would effectively black out half the country.

Sustained rainfall across Mount Kenya and the Aberdare Range has pushed Kenya’s hydropower output to 9.57 million kilowatt-hours, easing pressure on thermal generation.

KEY POINTS Nigeria’s crude oil producers delivered less than half of the volumes allocated to domestic refineries in the first quarter of 2026, raising concerns about the country’s refining ambitions. …

KEY POINTS The Nigerian Upstream Petroleum Regulatory Commission, NUPRC, has revealed that Nigeria’s domestic refineries, including the Dangote Refinery and others, received only between 36 and 46 percent of their …