In the News

Patrice Motsepe, African Rainbow Energy, SOLA Group South Africa, South Africa renewable energy, South Africa solar energy,

KEY POINTS The Federal High Court in Maitama, Abuja, has ordered the final forfeiture of a Hawker 800XP private jet linked to allegations of fraud, corruption, and money laundering connected …

KEY POINTS Dangote Petroleum Refinery and Petrochemicals has reduced the price of aviation fuel (Jet A1) from N1,750 to N1,650 per litre in a move designed to ease operational pressures …

KEY POINTS Shell has reported a first-quarter adjusted profit of $6.9 billion, its strongest performance in two years, surpassing analyst expectations of $6.36 billion. The result represents a sharp increase …

KEY POINTS The Nigerian Upstream Petroleum Regulatory Commission, NUPRC, has called for stronger collaboration among players in the gas, power, and financial sectors to address persistent challenges in Nigeria’s gas-to-power …

Pipeline surveillance firm PINL says Nigeria can hit OPEC’s 2.5 million barrels per day target after April production data showed strong gains and zero pipeline disruptions.

KEY POINTS The Depot and Petroleum Products Marketers Association of Nigeria, DAPPMAN, has pledged full support for its members in the ongoing legal dispute involving the Dangote Petroleum Refinery and …

KEY POINTS Nigerians spent an estimated ₦5.43 trillion on petrol, commonly known as petrol, in the first quarter of 2026, amid rising fuel prices and ongoing tensions in the downstream …

KEY POINTS Seplat Energy Plc has confirmed the exchange rate it will use to convert its dollar-denominated dividends for the 2025 financial year, as it prepares to distribute over ₦68 …

KEY POINTS Ugandan President Yoweri Museveni has expressed strong support for a proposed East African regional oil refinery following discussions with Nigerian billionaire and industrialist Aliko Dangote, signalling renewed momentum …