In the News

KEY POINTS Two of the world’s biggest energy companies, ExxonMobil and Chevron, have reported significant drops in first-quarter profits for 2026, even as global oil prices surged due to supply …

KEY POINTS The Dangote Refinery has begun direct jet fuel supply to global carriers, including Ethiopian Airlines, marking a major step into the international aviation fuel market. Rising tensions between …

KEY POINTS Nigeria LNG Limited, NLNG, says it is supplying 100 per cent of its liquefied petroleum gas (LPG), also known as cooking gas, to the Nigerian market. The company …

President Bola Tinubu has nominated Rabiu Abdullahi Umar as Nigeria’s new oil regulator chief, the second leadership change at the agency in four months.

D3 Energy expanded its helium and gas footprint in South Africa during the March 2026 quarter, raising $6.12 million to fund its next exploration phase.

Tanzania and Belarus have pledged to deepen cooperation across energy, trade and agriculture after high-level talks in Dar es Salaam marking 30 years of relations.

Kenya Power has announced planned outages across several counties on April 30 as part of routine network maintenance aimed at improving reliability.

KEY POINTS President Bola Tinubu has removed Saidu Mohammed as the Chief Executive Officer of the Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, and nominated Rabiu Abdullahi Umar as …

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 …