In the News

KEY POINTS Oil prices slid by about 2 per cent on Tuesday, extending a three-day losing streak as investors digested the effect of fresh U.S. sanctions on Russia’s top oil …

KEY POINTS Seplat Energy Plc, in partnership with its Joint Venture partner, NNPC Exploration and Production Limited, has disbursed a total of N18 million in prizes to secondary school students …

KEY POINTS South Africa’s power utility, Eskom, has reached an extraordinary milestone, 161 consecutive days without loadshedding as of 23 October 2025, signalling the country’s longest uninterrupted power stretch in …

KEY POINTS QatarEnergy has strengthened its presence in the eastern Mediterranean after completing a farm-in deal with Italy’s Eni, acquiring a 40% participating interest in the North Rafah offshore exploration …

KEY POINTS Africa’s biggest refinery, the Dangote Petroleum Refinery, is embarking on an ambitious expansion plan that will more than double its current output. The Lagos-based plant, which only began …

KEY POINTS The Socio-Economic Rights and Accountability Project (SERAP) has called on the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, NNPC, Mr Bayo Bashir Ojulari, to …

KEY POINTS French energy giant TotalEnergies has officially lifted the force majeure order on its $20 billion Mozambique liquefied natural gas (LNG) project, marking a cautious but significant step towards …

KEY POINTS In a milestone move set to reshape Greece’s energy landscape, US oil giant Chevron and Greek refiner Helleniq Energy have emerged as the successful bidders for four major …

KEY POINTS Nigeria’s oil earnings fell sharply below expectations in the final quarter of 2024, with the Budget Office of the Federation reporting that net oil revenue stood at ₦3.34 …

KEY POINTS When we talk about a single forex trade in Africa, we typically imagine someone hitting “buy” or “sell” on a laptop or mobile phone.  What we don’t usually …