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In the News

  • Energy TransitionIn the News

    Eskom Power Cuts Halted

    by Oluwatosin Racheal Alabi June 22, 2026
    by Oluwatosin Racheal Alabi June 22, 2026

    KEY POINTS The Makhanda High Court has stepped in to temporarily block Eskom from implementing severe electricity restrictions that would have left three Karoo towns facing up to 14 hours …

  • In the News

    Nigeria spent $1.39bn on foreign crude in Q1 2026

    by Ikeoluwa Juliana Ogungbangbe June 20, 2026
    by Ikeoluwa Juliana Ogungbangbe June 20, 2026

    Nigeria spent $1.39bn importing foreign crude in Q1 2026, a 309% surge, even as the Dangote refinery scales up domestic output.

  • In the News

    Liberia Cuts Power Imports After Restoring Mount Coffee Turbine

    by Ikeoluwa Juliana Ogungbangbe June 20, 2026
    by Ikeoluwa Juliana Ogungbangbe June 20, 2026

    Liberia’s LEC is scaling back power imports from Côte d’Ivoire and Guinea after gaining 42 new megawatts from domestic sources.

  • In the NewsOil & Gas

    Oluwo says Dangote Refinery Saved Nigeria from Economic Crisis

    by Oluwatosin Racheal Alabi June 19, 2026
    by Oluwatosin Racheal Alabi June 19, 2026

    KEY POINTS The Oluwo of Iwoland, Oba Abdulrosheed Akanbi, has praised billionaire industrialist Aliko Dangote for his investment in the Dangote Refinery, saying the project helped prevent Nigeria’s economy from …

  • In the News

    NNPC’s Investment in Dangote Refinery Rises to $2.84 Billion

    by Oluwatosin Racheal Alabi June 19, 2026
    by Oluwatosin Racheal Alabi June 19, 2026

    KEY POINTS The Nigerian National Petroleum Company Limited’s investment in the Dangote Petroleum Refinery has appreciated significantly, with reports indicating that the value of its stake has risen to $2.84 …

  • In the NewsOil & Gas

    NLNG Orders Three New Vessels to Boost Efficiency, Cut Costs

    by Oluwatosin Racheal Alabi June 19, 2026
    by Oluwatosin Racheal Alabi June 19, 2026

    KEY POINTS Nigeria LNG Limited, NLNG, has announced plans to strengthen its shipping operations with the acquisition of three new liquefied natural gas (LNG) carriers as part of efforts to …

  • In the News

    Eskom Records Nearly 400 Days Without Power Cuts

    by Oluwatosin Racheal Alabi June 19, 2026
    by Oluwatosin Racheal Alabi June 19, 2026

    KEY POINTS South Africa’s state-owned electricity utility, Eskom Holdings, says it has continued to improve the reliability of power supply across the country, recording nearly 400 consecutive days without load-shedding …

  • In the News

    UEDCL Commissions New Transformers in Wakiso to End Low Voltage and Power Outages

    by Ikeoluwa Juliana Ogungbangbe June 19, 2026
    by Ikeoluwa Juliana Ogungbangbe June 19, 2026

    UEDCL has commissioned new transformer projects in Wakiso to fix low voltage, overloading and unreliable power supply in fast-growing peri-urban communities.

  • In the News

    NNPC and TotalEnergies Renew Methane Detection Deal to Hit Near-Zero Emissions by 2030

    by Ikeoluwa Juliana Ogungbangbe June 19, 2026
    by Ikeoluwa Juliana Ogungbangbe June 19, 2026

    NNPC has renewed its airborne methane detection agreement with TotalEnergies for another 24 months to advance its near-zero emissions target by 2030.

  • In the News

    Nigeria Earned $2.53 Billion From Gas Exports in Q1 2026 as Account Surplus Surged 256%

    by Ikeoluwa Juliana Ogungbangbe June 19, 2026
    by Ikeoluwa Juliana Ogungbangbe June 19, 2026

    Nigeria earned $2.53 billion from gas exports in Q1 2026 as the CBN reported a 256% surge in the country’s current account surplus to $4.98 billion.

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Nigeria’s Oil Boom: Record Production in September 2023

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