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In the News

  • In the News

    NNPC Chief Ojulari Rejects $1.5 Million Bribery Allegations, Vows Legal Action

    by Oluwatosin Racheal Alabi August 19, 2025
    by Oluwatosin Racheal Alabi August 19, 2025

    KEY POINTS The head of Nigeria’s state oil company, NNPC, Bayo Ojulari has acted quickly to refute allegations that he paid bribes to President Bola Tinubu’s aides, calling the reports …

  • In the NewsMarketsOil & Gas

    Eni Sells Nearly Half of CCUS Arm to GIP

    by Oluwatosin Racheal Alabi August 19, 2025
    by Oluwatosin Racheal Alabi August 19, 2025

    KEY POINTS European oil majors are reshaping their portfolios to attract capital for decarbonization projects, as evidenced by Eni SpA’s agreement to sell Global Infrastructure Partners a 49.9% stake in …

  • In the News

    Libya’s NOC Weighs Honeywell Plan to Modernize Zawia Refinery, Cut Fuel Import Costs

    by Oluwatosin Racheal Alabi August 19, 2025
    by Oluwatosin Racheal Alabi August 19, 2025

    KEY POINTS A proposal from Honeywell UOP is being investigated by Libya’s state-run National Oil Corporation, NOC. It has the potential to change the fuel supply chain in the nation, …

  • In the NewsOil & Gas

    European Refineries Face Survival Test as Dangote Disrupts Gasoline Trade

    by Oluwatosin Racheal Alabi August 19, 2025
    by Oluwatosin Racheal Alabi August 19, 2025

    KEY POINTS Global fuel trade routes are being redrawn by Nigeria’s $20 billion Dangote refinery, endangering the existence of some of Europe’s most vulnerable plants. Refiners throughout the continent are …

  • In the NewsMarketsOil & Gas

    Nigeria Sustains OPEC Oil Quota for Second Month

    by Oluwatosin Racheal Alabi August 18, 2025
    by Oluwatosin Racheal Alabi August 18, 2025

    KEY POINTS For two months in a row, Nigeria has maintained OPEC crude production above the 1.5 million barrels per day mark, bolstering its attempts to win back investor trust …

  • Energy TransitionIn the News

    South African Corporates Pour Cash Into Renewables as Eskom Battles to Keep Grip

    by Oluwatosin Racheal Alabi August 18, 2025
    by Oluwatosin Racheal Alabi August 18, 2025

    KEY POINTS Even as Eskom enhances performance and lessens load-shedding, the biggest corporations in South Africa are increasing their investments in renewable energy projects and shifting billions of dollars to …

  • Energy TransitionIn the NewsOil & Gas

    NNPC-Sahara’s WAGL Energy Expands LPG Fleet Beyond 160,000 Cubic Meters

    by Oluwatosin Racheal Alabi August 18, 2025
    by Oluwatosin Racheal Alabi August 18, 2025

    KEY POINTS Another significant step has been taken in the pursuit of liquefied petroleum gas by Nigeria’s state oil company, NNPC, and Sahara Group, its longstanding private partner. Their joint …

  • Energy TransitionIn the News

    New Hampshire Capital Unveils New Prepaid Meter Prices for Ikeja Electric Customers

    by Oluwatosin Racheal Alabi August 16, 2025
    by Oluwatosin Racheal Alabi August 16, 2025

    KEY POINTS New Hampshire Capital, one of Nigeria’s leading Meter Asset Providers, has rolled out fresh pricing for prepaid meters under the federal government’s Meter Asset Provider (MAP) scheme with …

  • In the NewsOil & Gas

    Nigeria’s Oil Industry Gains Edge in Attracting Finance, Renaissance CEO Says

    by Oluwatosin Racheal Alabi August 16, 2025
    by Oluwatosin Racheal Alabi August 16, 2025

    KEY POINTS “As reforms and leadership changes start to reposition the industry for global financing, Nigeria’s oil and gas sector is entering a new phase of confidence,” said Tony Attah, …

  • In the News

    Triumph Over Legal Tyranny: Billionaire Benedict Peters’ £50m UK Property Battle Ends in Victory

    by Oluwatosin Racheal Alabi August 15, 2025
    by Oluwatosin Racheal Alabi August 15, 2025

    KEY POINTS After nearly a decade of legal siege, £50 million worth of prime London properties have been released from UK court restraints, marking the end of one of the …

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  • Egypt Strikes $340 Million Oil and Gas Deals to Revive Declining Output
  • ExxonMobil Criticizes EU’s Climate Strategy, Says High Costs Hurt Industry
  • Libya’s Dbeibah Courts U.S. Investment With Oil and Energy Push
  • Eskom Supplier Jailed for Fraud, Ordered to Repay R2.6 Million in Tutuka Case

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Editors' Picks

Nigeria’s Oil Boom: Record Production in September 2023

Oil Slips as Traders Brace for OPEC+ Supply Hike, Weaker U.S. Fuel Demand
Egypt Strikes $340 Million Oil and Gas Deals to Revive Declining Output

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Oil Slips as Traders Brace for OPEC+ Supply Hike,...
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