Nigeria’s upstream regulator wants to restore 788,000 barrels a day of shut in crude across 63 operators, as it chases higher output.
In the News
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The Natural Resource Governance Institute says NNPC’s heavy oil spending could fail to pay off if the energy transition speeds up, and wants a rethink.
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South Africa will prioritize 4.6 gigawatts of battery storage and 5 gigawatts of gas power, as its energy minister warns of another crisis.
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KEY POINTS The Nigerian National Petroleum Company Limited, NNPC, significantly reduced the amount owed to it by customers in 2025, as the state-owned energy company intensified efforts to recover outstanding …
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KEY POINTS The Transmission Company of Nigeria, TCN, has announced an eight-hour electricity interruption in parts of Abuja to allow engineers to carry out planned maintenance at the 132/33kV Kubwa …
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Brent crude rose above $101 a barrel as tanker attacks near Hormuz and a Gulf of Mexico hurricane threatened supply despite emergency stock releases.
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KEY POINTS Eni says it is working to keep petrol and diesel prices at sustainable levels, stressing that its current price cap is designed to protect consumers from sharp increases …
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KEY POINTS Dangote Petroleum Refinery and Petrochemicals FZE has opened part of its planned initial public offering to investors in East Africa, with the regional offer expected to raise up …
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KEY POINTS The Nigerian Upstream Petroleum Regulatory Commission, NUPRC, has opened 40 oil blocks for its 2026 licensing round as the Federal Government steps up efforts to attract new investment …
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KEY POINTS Former Eskom national spokesperson and communications specialist Khulu Phasiwe has died at the age of 52, bringing an end to a career that placed him at the centre …