In the News

KEY POINTS The European and African oil markets are tightening sharply as Asian buyers increasingly compete for limited crude supplies, pushing key benchmarks and differentials to record highs ahead of …

KEY POINTS Egypt and Cyprus on Monday signed a framework agreement to expand cooperation in the natural gas sector, marking another step toward developing Cyprus’ offshore reserves and strengthening regional …

KEY POINTS Oil prices continued to rise as investors monitored the ongoing Gulf conflict, which has heightened fears of inflation and global economic slowdown. European markets and a major Wall …

KEY POINTS Eskom has extended its registration fee waiver for Small-Scale Embedded Generation (SSEG) systems, including rooftop solar, from March 31 to September 30, 2026. The initiative, first introduced in …

KEY POINTS The Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission, NUPRC, Oritsemeyiwa Eyesan, has reiterated her commitment to promoting gender inclusion and empowering women across Nigeria’s maritime and …

KEY POINTS Between late December 2025 and January 2026, the national grid experienced multiple failures, leading to sudden blackouts, power outages, damaged appliances, and income losses. These disruptions have strongly …

KEY POINTS Oando, the Nigerian junior oil and gas company, has officially become the operator of Angola’s KON 13 Block, taking a 45% participating interest. The announcement was made by …

KEY POINTS Egypt’s strategic position at the intersection of regional supply routes, energy infrastructure, and rising demand has made it a critical energy market, according to Shell Egypt’s Vice President …

KEY POINTS The NNPC/Seplat Joint Venture has screened 23,447 people, performed 797 eye surgeries, and distributed more than 13,525 eyeglasses free of charge under its “Eye Can See” Corporate Social …

KEY POINTS A weeks-long outage at a major Australian liquefied natural gas, LNG, export facility is set to further tighten an already strained global supply market, following recent disruptions in …