In the News

KEY POINTS Egypt and Cyprus on Monday signed a framework agreement to expand cooperation in the natural gas sector, marking another step toward developing Cyprus’ offshore reserves and strengthening regional …

KEY POINTS Oil prices continued to rise as investors monitored the ongoing Gulf conflict, which has heightened fears of inflation and global economic slowdown. European markets and a major Wall …

KEY POINTS Eskom has extended its registration fee waiver for Small-Scale Embedded Generation (SSEG) systems, including rooftop solar, from March 31 to September 30, 2026. The initiative, first introduced in …

KEY POINTS The Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission, NUPRC, Oritsemeyiwa Eyesan, has reiterated her commitment to promoting gender inclusion and empowering women across Nigeria’s maritime and …

KEY POINTS Between late December 2025 and January 2026, the national grid experienced multiple failures, leading to sudden blackouts, power outages, damaged appliances, and income losses. These disruptions have strongly …

KEY POINTS Oando, the Nigerian junior oil and gas company, has officially become the operator of Angola’s KON 13 Block, taking a 45% participating interest. The announcement was made by …

KEY POINTS Egypt’s strategic position at the intersection of regional supply routes, energy infrastructure, and rising demand has made it a critical energy market, according to Shell Egypt’s Vice President …

KEY POINTS The NNPC/Seplat Joint Venture has screened 23,447 people, performed 797 eye surgeries, and distributed more than 13,525 eyeglasses free of charge under its “Eye Can See” Corporate Social …

KEY POINTS A weeks-long outage at a major Australian liquefied natural gas, LNG, export facility is set to further tighten an already strained global supply market, following recent disruptions in …

KEY POINTS Oil prices jumped sharply on Monday as tensions intensified in the ongoing US-Israel war with Iran. Brent crude, the global benchmark, rose more than 3 percent to trade …