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In the News

  • In the News

    TotalEnergies Turns to Solar and Storage to Power Vietnam Plant

    by Oluwatosin Racheal Alabi August 28, 2025
    by Oluwatosin Racheal Alabi August 28, 2025

    KEY POINTS As it speeds up its push into renewable energy throughout Southeast Asia, TotalEnergies has activated a solar-and-battery system at its lubricants plant in Vietnam. This is the French …

  • In the NewsMarkets

    Eskom Wins $3.1 Billion Tariff Dispute, Clearing Path for Steeper Power Price Hikes

    by Oluwatosin Racheal Alabi August 28, 2025
    by Oluwatosin Racheal Alabi August 28, 2025

    KEY POINTS Following a multibillion-rand settlement with the country’s energy watchdog, South Africa’s troubled power utility Eskom Holdings SOC Ltd. has obtained regulatory approval to raise electricity tariffs by more …

  • GovernmentIn the News

    Petrobras Eyes Deepwater Oil Comeback in Nigeria

    by Oluwatosin Racheal Alabi August 28, 2025
    by Oluwatosin Racheal Alabi August 28, 2025

    KEY POINTS Brazil’s state-controlled energy giant Petrobras is weighing a return to Nigeria’s upstream oil sector, signaling renewed interest in deepwater and ultra-deepwater exploration as Africa’s largest crude producer courts …

  • In the NewsOil & Gas

    Japan’s JGC Signs LNG Cooperation Deal With Tanzania Amid Gas Push

    by Oluwatosin Racheal Alabi August 27, 2025
    by Oluwatosin Racheal Alabi August 27, 2025

    KEY POINTS The Tanzanian government and Japan’s JGC Holdings Corp. have inked a memorandum of understanding to exchange technical know-how and aid in the development of Tanzania’s enormous offshore natural …

  • In the NewsOil & Gas

    Saipem Converts Offshore Rig Into Gas Hub for Eni’s Congo LNG Project

    by Oluwatosin Racheal Alabi August 27, 2025
    by Oluwatosin Racheal Alabi August 27, 2025

    KEY POINTS An important milestone in Eni SpA’s efforts to start the Republic of Congo’s first liquefied natural gas, LNG, project has been reached with the conversion of a decades-old …

  • In the NewsOil & Gas

    Dangote’s Fuel Distribution Scheme Stalls, Leaving Marketers Split on Impact

    by Oluwatosin Racheal Alabi August 27, 2025
    by Oluwatosin Racheal Alabi August 27, 2025

    KEY POINTS The rollout of Dangote Refinery’s much-anticipated fuel distribution scheme has hit an unexpected delay, nearly two weeks after its scheduled launch, unsettling petroleum marketers and raising fresh questions …

  • In the News

    President Tinubu Secures Petrobras’ Return as Nigeria, Brazil Forge New Energy Ties

    by Oluwatosin Racheal Alabi August 26, 2025
    by Oluwatosin Racheal Alabi August 26, 2025

    KEY POINTS Five years after the Brazilian state oil giant withdrew from Nigeria, President Bola Tinubu has convinced Petrobras to re-enter the West African nation. The agreement, which was finalized …

  • In the NewsOil & Gas

    Egypt Pushes New Wells at Zohr Gas Field as Output Recovery Gains Pace

    by Oluwatosin Racheal Alabi August 26, 2025
    by Oluwatosin Racheal Alabi August 26, 2025

    KEY POINTS In an effort to restart production at a location that was once touted as a game-changer for the nation’s energy balance, Egypt is drilling three new wells at …

  • In the NewsMarketsOil & Gas

    Nigeria’s Oil Output Climbs Nearly 10% in July on Security Gains

    by Oluwatosin Racheal Alabi August 26, 2025
    by Oluwatosin Racheal Alabi August 26, 2025

    KEY POINTS Nigeria’s production of oil increased in July, giving the continent’s biggest producer new impetus to recover barrels that were lost to sabotage, theft, and years of underinvestment. According …

  • In the News

    Nigeria’s Rural Communities Pay More for Power Than Urban Band A Users

    by Oluwatosin Racheal Alabi August 25, 2025
    by Oluwatosin Racheal Alabi August 25, 2025

    KEY POINTS Despite having a more reliable supply of electricity, some rural communities in Nigeria are paying higher electricity tariffs than urban Band A customers, according to the country’s federal …

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Editors' Picks

Nigeria’s Oil Boom: Record Production in September 2023

Nigeria’s Oil Output Slumps as OPEC+ Targets Falter Amid Weak Prices
Delta Assembly Approves N18.1 Billion Bank Guarantee to Fast-Track Asaba Power Project

Latest Stories

Nigeria’s Oil Output Slumps as OPEC+ Targets Falter Amid...
Delta Assembly Approves N18.1 Billion Bank Guarantee to Fast-Track...
Libya Unveils New Oil Discovery in Ghadames Basin as...

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