In the News

KEY POINTS The Dangote Refinery has increased the ex-depot price of Premium Motor Spirit (petrol) by ₦75 per litre, raising it from ₦1,200 to ₦1,275 per litre in a move …

KEY POINTS TotalEnergies Marketing Nigeria Plc has reported an 11 per cent decline in revenue for the first quarter ended March 31, 2026, reflecting continued pressure in Nigeria’s downstream oil …

KEY POINTS Egbin Power Plc, Nigeria’s largest thermal electricity generation station, has been forced to shut down operations and disconnect from the national grid following a fatal industrial accident that …

KEY POINTS Libya has taken a significant step toward expanding its energy sector after its state-owned National Oil Corporation (NOC) signed a preliminary agreement with U.S. energy giant Chevron. The …

KEY POINTS The Nigerian National Petroleum Company Limited, NNPC, has increased the official selling prices of all 37 Nigerian crude oil grades for May-loading cargoes, capitalising on rising global oil …

KEY POINTS Uganda has announced plans to launch a fresh oil exploration licensing round in the 2026/2027 financial year, as the country prepares to begin commercial crude production later this …

KEY POINTS The first liquefied natural gas, LNG, tanker has successfully crossed the Strait of Hormuz since tensions escalated in late February, signaling a possible easing of disruptions to global …

Maryland County residents confronted LIB Energy at a LERC tariff hearing in Pleebo, demanding the company be replaced over years of unreliable electricity supply.

TotalEnergies posted $5.4 billion in first-quarter adjusted net income, beating expectations by nearly $400 million as the Iran war drove oil prices and trading gains.

Tanzania and Iran have held talks in Dar es Salaam to strengthen cooperation across irrigation, food security, energy, infrastructure and pharmaceuticals.