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In the News

  • In the News

    Nigeria Pushes to Expand Domestic Gas Supply as NLNG Commits LPG Output Locally

    by Oluwatosin Racheal Alabi May 4, 2026
    by Oluwatosin Racheal Alabi May 4, 2026

    KEY POINTS The Nigerian Upstream Petroleum Regulatory Commission, NUPRC, and Nigeria LNG Limited, NLNG, have stepped up efforts to increase domestic gas supply in Nigeria. The move comes as rising …

  • In the NewsMarketsOil & Gas

    Exxon and Chevron Report Lower Q1 Profits Despite High Oil Prices

    by Oluwatosin Racheal Alabi May 4, 2026
    by Oluwatosin Racheal Alabi May 4, 2026

    KEY POINTS Two of the world’s biggest energy companies, ExxonMobil and Chevron, have reported significant drops in first-quarter profits for 2026, even as global oil prices surged due to supply …

  • In the News

    Dangote Refinery Starts Direct Jet Fuel Supply to Ethiopian Airlines

    by Oluwatosin Racheal Alabi May 3, 2026
    by Oluwatosin Racheal Alabi May 3, 2026

    KEY POINTS The Dangote Refinery has begun direct jet fuel supply to global carriers, including Ethiopian Airlines, marking a major step into the international aviation fuel market. Rising tensions between …

  • In the NewsOil & Gas

    NLNG Commits All Cooking Gas to Nigerians, Plans 35% Production Boost

    by Oluwatosin Racheal Alabi May 3, 2026
    by Oluwatosin Racheal Alabi May 3, 2026

    KEY POINTS Nigeria LNG Limited, NLNG, says it is supplying 100 per cent of its liquefied petroleum gas (LPG), also known as cooking gas, to the Nigerian market. The company …

  • In the News

    Tinubu Nominates Rabiu Abdullahi Umar as Nigeria’s New Oil Regulator in Second Shake-Up in Four Months

    by Ikeoluwa Juliana Ogungbangbe April 30, 2026
    by Ikeoluwa Juliana Ogungbangbe April 30, 2026

    President Bola Tinubu has nominated Rabiu Abdullahi Umar as Nigeria’s new oil regulator chief, the second leadership change at the agency in four months.

  • In the News

    D3 Energy Expands South Africa Footprint and Raises $6.12 Million in March Quarter

    by Ikeoluwa Juliana Ogungbangbe April 30, 2026
    by Ikeoluwa Juliana Ogungbangbe April 30, 2026

    D3 Energy expanded its helium and gas footprint in South Africa during the March 2026 quarter, raising $6.12 million to fund its next exploration phase.

  • In the News

    Tanzania and Belarus Pledge Deeper Ties in Trade, Energy, and Agriculture

    by Ikeoluwa Juliana Ogungbangbe April 30, 2026
    by Ikeoluwa Juliana Ogungbangbe April 30, 2026

    Tanzania and Belarus have pledged to deepen cooperation across energy, trade and agriculture after high-level talks in Dar es Salaam marking 30 years of relations.

  • In the News

    Kenya Power Announces Planned Outages Across Multiple Regions on April 30

    by Ikeoluwa Juliana Ogungbangbe April 30, 2026
    by Ikeoluwa Juliana Ogungbangbe April 30, 2026

    Kenya Power has announced planned outages across several counties on April 30 as part of routine network maintenance aimed at improving reliability.

  • In the News

    Tinubu Sacks NMDPRA Boss, Appoints Ex-Dangote Executive Rabiu Umar as Replacement

    by Oluwatosin Racheal Alabi April 30, 2026
    by Oluwatosin Racheal Alabi April 30, 2026

    KEY POINTS President Bola Tinubu has removed Saidu Mohammed as the Chief Executive Officer of the Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, and nominated Rabiu Abdullahi Umar as …

  • In the NewsOil & Gas

    Dangote Raises Petrol Price to ₦1,275 per Litre

    by Oluwatosin Racheal Alabi April 30, 2026
    by Oluwatosin Racheal Alabi April 30, 2026

    KEY POINTS The Dangote Refinery has increased the ex-depot price of Premium Motor Spirit (petrol) by ₦75 per litre, raising it from ₦1,200 to ₦1,275 per litre in a move …

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