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In the News

  • In the NewsOil & Gas

    Nigeria targets 788,000 barrels a day of shut in crude for recovery

    by Otobong Tommy October 9, 2026
    by Otobong Tommy October 9, 2026

    Nigeria’s upstream regulator wants to restore 788,000 barrels a day of shut in crude across 63 operators, as it chases higher output.

  • In the NewsOil & Gas

    NRGI urges NNPC to reassess oil investment strategy as transition risk grows

    by Otobong Tommy October 9, 2026
    by Otobong Tommy October 9, 2026

    The Natural Resource Governance Institute says NNPC’s heavy oil spending could fail to pay off if the energy transition speeds up, and wants a rethink.

  • In the NewsOil & Gas

    South Africa battery storage and gas power get 9.6 GW boost in new energy plan

    by Otobong Tommy October 8, 2026
    by Otobong Tommy October 8, 2026

    South Africa will prioritize 4.6 gigawatts of battery storage and 5 gigawatts of gas power, as its energy minister warns of another crisis.

  • In the NewsMarketsOil & Gas

    NNPC Cuts Customer Debts by N11.7tn as Receivables Fall

    by Ikeoluwa Juliana Ogungbangbe October 8, 2026
    by Ikeoluwa Juliana Ogungbangbe October 8, 2026

    KEY POINTS The Nigerian National Petroleum Company Limited, NNPC, significantly reduced the amount owed to it by customers in 2025, as the state-owned energy company intensified efforts to recover outstanding …

  • Energy TransitionIn the News

    Abuja Communities Face Eight-Hour Power Outage for Maintenance

    by Ikeoluwa Juliana Ogungbangbe October 8, 2026
    by Ikeoluwa Juliana Ogungbangbe October 8, 2026

    KEY POINTS The Transmission Company of Nigeria, TCN, has announced an eight-hour electricity interruption in parts of Abuja to allow engineers to carry out planned maintenance at the 132/33kV Kubwa …

  • In the NewsOil & Gas

    Oil prices rise as Gulf tanker attacks and a U.S. hurricane squeeze supply

    by Otobong Tommy October 8, 2026
    by Otobong Tommy October 8, 2026

    Brent crude rose above $101 a barrel as tanker attacks near Hormuz and a Gulf of Mexico hurricane threatened supply despite emergency stock releases.

  • In the NewsOil & Gas

    Eni says Fuel Price Cap is Meant to Prevent Sudden Spikes

    by Ikeoluwa Juliana Ogungbangbe October 8, 2026
    by Ikeoluwa Juliana Ogungbangbe October 8, 2026

    KEY POINTS Eni says it is working to keep petrol and diesel prices at sustainable levels, stressing that its current price cap is designed to protect consumers from sharp increases …

  • In the NewsOil & Gas

    Dangote Refinery Sets Aside $300m IPO Offer for East African Investors

    by Ikeoluwa Juliana Ogungbangbe October 8, 2026
    by Ikeoluwa Juliana Ogungbangbe October 8, 2026

    KEY POINTS Dangote Petroleum Refinery and Petrochemicals FZE has opened part of its planned initial public offering to investors in East Africa, with the regional offer expected to raise up …

  • In the NewsOil & Gas

    NUPRC Puts 40 Oil Blocks up for 2026 Bid Round

    by Ikeoluwa Juliana Ogungbangbe October 7, 2026
    by Ikeoluwa Juliana Ogungbangbe October 7, 2026

    KEY POINTS The Nigerian Upstream Petroleum Regulatory Commission, NUPRC, has opened 40 oil blocks for its 2026 licensing round as the Federal Government steps up efforts to attract new investment …

  • In the News

    Former Eskom Spokesperson Khulu Phasiwe Dies at 52

    by Ikeoluwa Juliana Ogungbangbe October 7, 2026
    by Ikeoluwa Juliana Ogungbangbe October 7, 2026

    KEY POINTS Former Eskom national spokesperson and communications specialist Khulu Phasiwe has died at the age of 52, bringing an end to a career that placed him at the centre …

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  • Brent edges lower to $109.55 even as Houthis claim fresh attacks on Saudi energy sites
  • Oil slips from five-month high as Trump’s Russia sanctions waiver could bring more supply
  • Investors From 51 African Countries Back Dangote Refinery IPO
  • ExxonMobil Expects $4.5bn Refining Profit Boost
  • Global South electrification speeds up as emerging markets outspend the rest of the world on grids and solar

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Editors' Picks

Nigeria’s Oil Boom: Record Production in September 2023

Brent edges lower to $109.55 even as Houthis claim fresh attacks on Saudi energy sites
Oil slips from five-month high as Trump’s Russia sanctions waiver could bring more supply

Latest Stories

Brent edges lower to $109.55 even as Houthis claim...
Oil slips from five-month high as Trump’s Russia sanctions...
Investors From 51 African Countries Back Dangote Refinery IPO

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