In the News

KEY POINTS Eskom has recorded its strongest year-to-date Energy Availability Factor, EAF, performance in six years, marking a significant improvement in the reliability of South Africa’s electricity generation fleet and …

KEY POINTS President Bola Tinubu has announced plans to reform the Nigerian National Petroleum Company (NNPC) and eventually list the state-owned energy company on the capital market as part of …

KEY POINTS The Dangote Petroleum Refinery has once again emerged as Europe’s largest supplier of imported jet fuel, overtaking the United States for the second consecutive month and strengthening Nigeria’s …

KEY POINTS Oil and gas companies operating in Nigeria remitted a combined $6.755 billion and N1.529 trillion in statutory contributions to the Niger Delta Development Commission between 2021 and 2025, …

KEY POINTS Niger Delta youth leaders have thrown their weight behind the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Bashir Ojulari, urging President Bola Tinubu to …

KEY POINTS Nigeria is targeting up to $50 billion in Offshore Investment by 2030 as the country seeks to revive its oil and gas industry, attract fresh capital and significantly …

KEY POINTS Eskom has warned that South Africa’s ongoing Grid Reform could weaken the state-owned power utility’s finances and unsettle lenders if the government transfers its transmission assets to a …

KEY POINTS The Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, has proposed sweeping new regulations aimed at strengthening Fuel Competition and preventing petroleum companies from manipulating prices, restricting supply …

KEY POINTS Global oil prices climbed on Friday as uncertainty over plans to reopen the Hormuz Strait intensified, with concerns growing that any reopening could involve restrictions, fees and conditions …

KEY POINTS The Dangote Petroleum Refinery has announced fresh reductions in the ex-depot prices of Premium Motor Spirit (PMS), popularly known as petrol, and Automotive Gas Oil (diesel), in a …