KEY POINTS Dangote has alleged that Nigeria’s troubled refining and pipeline infrastructure has been deliberately sabotaged over the years, citing claims that the Port Harcourt Refinery was attacked more than …
In the News
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Energy TransitionIn the News
Nigeria’s N4 Trillion Power Bonds Stir Fears of Risky Debt Swap to Fix Broken Electricity Market
KEY POINTS The Federal Government’s plan to issue as much as N4 trillion in sovereign-backed bonds to clear long-standing debts in the power sector is reviving an old debate about …
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Energy TransitionIn the News
Eskom Taps Enerweb to Build Virtual Wheeling Platform as Trading Rules Lag Behind
KEY POINTS Eskom has quietly taken a decisive step toward reshaping South Africa’s electricity market, awarding a contract to Johannesburg-based Enerweb to develop a digital platform that will underpin its …
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KEY POINTS Britain’s accounting regulator has launched an investigation into Ernst and Young’s, EY, audit of Shell’s 2024 financial statements, escalating scrutiny of compliance failures linked to mandatory partner rotation …
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In the NewsMarketsOil & Gas
Nigeria’s Non-Oil Exports Climb to Record N9.2 Trillion as Naira Shift Reshapes Trade
KEY POINTS Nigeria’s non-oil exports rose to an unprecedented N9.2 trillion in the first nine months of 2025, underscoring how currency reforms and pricing dynamics are altering the country’s external …
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KEY POINTS Nigeria’s state energy company, NNPCL, said it has stabilised operations on the Escravos Lagos Pipeline System following a disruption in Delta State, moving to isolate affected sections and …
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KEY POINTS Aliko Dangote has said Nigerians should not be paying more than N740 per litre for petrol nationwide, setting out an aggressive push to force prices down as his …
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In the NewsOil & Gas
Eni Switches on 150 MW Caparacena Solar Plant, Lifting Spain Renewables Footprint
KEY POINTS Eni SpA has brought a new large-scale solar facility online in southern Spain, deepening its push into renewables in one of Europe’s most competitive clean energy markets. Through …
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KEY POINTS Chevron Nigeria Limited on Thursday celebrated academic excellence in Delta State, honouring top performing secondary school students at the 2025 Awokoya Memorial Chemistry Competition, an annual science contest …
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KEY POINTS Shell is preparing to return to Namibia’s waters with a new exploration drive, setting April 2026 as the start date for a renewed drilling campaign in the PEL …