In the News

KEY POINTS Dangote Refinery has reduced its petrol gantry price by ₦35 per litre, from ₦1,250 to ₦1,215, raising expectations of lower fuel prices at filling stations across Nigeria. The …

KEY POINTS Italian energy company Eni and its partners have started drilling and completion operations for the Coral North Floating Liquefied Natural Gas (FLNG) project offshore Mozambique, marking a major …

KEY POINTS The Nigerian National Petroleum Company (NNPC) Limited has reduced its petrol pump price by ₦10 per litre, bringing the price down from ₦1,365 to ₦1,355 as competition intensifies …

KEY POINTS US energy giant Chevron is increasing its oil and gas exploration spending by 50% in 2026 as it pursues new discoveries across Africa, South America and the Eastern …

KEY POINTS Seplat Energy Plc has discovered an estimated 157 billion cubic feet of natural gas and 19 million barrels of oil in place at its Aku-01 exploration well in …

Nigeria’s power regulator is courting investors for new generation, but its chairman says grid losses and outages are driving capital and manufacturers away.

Italian energy company Eni has completed the sale of its Nigerian subsidiary, Agip Energy and Natural Resources (Nigeria) Limited (AENR), to Apex Global Energy Limited, a subsidiary of Sterling Oil …

KEY POINTS Domestic supply of Liquefied Petroleum Gas (LPG), commonly known as cooking gas, increased by nearly 18 per cent year-on-year in September 2026, reaching 4.5 million litres per day, …

Grid collapses, rising tariffs and costly generator fuel are pushing Nigerians to solar, but high upfront prices still keep many households out.

KEY POINTS South African civil rights organisation AfriForum has called on state-owned power utility Eskom to reduce the financial burden on electricity consumers following its announcement of a R30.3 billion …