Namibia’s contested Petroleum Amendment Bill has cleared its second reading, after an opposition walkout, over concerns it concentrates energy oversight in the presidency.
In the News
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Aliko Dangote says his group bought 25% of Kenya Pipeline Company, a deal reported at $327 million, weeks after breaking ground on a Lamu refinery.
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KEY POINTS Nigeria has renewed plans to list the Nigerian National Petroleum Company Limited, NNPC Ltd, and Nigeria LNG Limited (NLNG) on the stock exchange as part of efforts to …
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KEY POINTS The Nigerian Upstream Petroleum Regulatory Commission, NUPRC, has warned companies holding undeveloped oil and gas blocks to begin development activities by October 31, 2026, or risk losing their …
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KEY POINTS Italian energy company Eni plans to expand its gas processing capacity in Egypt’s Western Desert through its Meleiha Phase 2 project, as the country seeks to increase gas …
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KEY POINTS Parts of Lagos and Abuja are experiencing electricity disruptions as distribution companies blame reduced power allocation from the national grid and technical faults for the interruptions. Ikeja Electric …
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Pi-CNG says long queues at CNG stations should ease by the end of the year as more stations open, though motorists still face long waits.
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Oil majors are set for sharply higher third quarter profits as the Iran war boosts refining and trading, and investors are watching the spending.
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KEY POINTS Oando Plc has identified operating risks, inconsistent government policies and regulatory uncertainty as major reasons foreign lenders are reluctant to finance African oil and gas companies, warning that …
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KEY POINTS Global oil prices remained near a five-month high on Tuesday, October 20, 2026, as attacks claimed by Yemen’s Houthi rebels on Saudi energy infrastructure and reports of assaults …