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In the News

  • In the NewsMarketsOil & Gas

    Chevron Explores Upstream Investment Opportunities in Tanzania

    by Oluwatosin Racheal Alabi June 2, 2026
    by Oluwatosin Racheal Alabi June 2, 2026

    KEY POINTS US energy major Chevron Corporation is reportedly considering new upstream investment opportunities in Tanzania after expressing interest in oil and gas exploration during recent discussions with the country’s …

  • Energy TransitionIn the News

    Nersa to Monitor Eskom Smelter Tariff Relief Amid Scrutiny

    by Oluwatosin Racheal Alabi June 2, 2026
    by Oluwatosin Racheal Alabi June 2, 2026

    KEY POINTS The National Energy Regulator of South Africa NERSA, has confirmed it will closely monitor a new electricity relief arrangement granted to energy-intensive smelter operators, as scrutiny grows over …

  • In the News

    Sahara Group Launches Mauritania Bunkering Operations to Boost West Africa Maritime Trade

    by Ikeoluwa Juliana Ogungbangbe June 1, 2026
    by Ikeoluwa Juliana Ogungbangbe June 1, 2026

    Sahara Group has commenced bunkering operations in Mauritania after receiving a 2026 licence, deploying the FT NERVI tanker offshore Nouadhibou to supply compliant marine fuels.

  • In the News

    British International Investment Commits $20 Million to Anzana to Build Hydropower Across Africa

    by Ikeoluwa Juliana Ogungbangbe June 1, 2026
    by Ikeoluwa Juliana Ogungbangbe June 1, 2026

    British International Investment has committed $20 million to Anzana Electric Group to accelerate run-of-river hydropower construction across East, Central and Southern Africa.

  • In the News

    Savannah Energy grows Nigeria output 8% and revenue 17% in four months

    by Ikeoluwa Juliana Ogungbangbe June 1, 2026
    by Ikeoluwa Juliana Ogungbangbe June 1, 2026

    Savannah Energy grew Nigeria production 8% and revenue 17% to $104.1 million in four months while cash collections surged 48% year-on-year to $183.5 million.

  • In the News

    NNPC Profit Surges to N481 Billion in April as Oil Revenue Nearly Doubles

    by Ikeoluwa Juliana Ogungbangbe June 1, 2026
    by Ikeoluwa Juliana Ogungbangbe June 1, 2026

    NNPC Ltd posted N481 billion in profit after tax for April 2026, a 74 percent jump from March, as oil revenue surged 79 percent to nearly N5 trillion.

  • In the NewsOil & Gas

    Exxon, Chevron Warn Oil Prices Could Surge as Global Supply Tightens

    by Oluwatosin Racheal Alabi June 1, 2026
    by Oluwatosin Racheal Alabi June 1, 2026

    KEY POINTS Global oil markets may be heading toward another price shock as top energy executives warn that tightening supply conditions could push crude prices significantly higher in the coming …

  • In the NewsOil & Gas

    Dangote Refinery Becomes World’s Top Jet Fuel Exporter

    by Oluwatosin Racheal Alabi June 1, 2026
    by Oluwatosin Racheal Alabi June 1, 2026

    KEY POINTS The Dangote Petroleum Refinery has achieved a major global milestone, becoming the world’s largest single exporter of aviation fuel in April, as supply disruptions in the Middle East …

  • Energy TransitionIn the News

    Cederberg Municipality Gets R14.9m Eskom Debt Relief, Moves Closer to Clearing R47m Arrears

    by Oluwatosin Racheal Alabi June 1, 2026
    by Oluwatosin Racheal Alabi June 1, 2026

    KEY POINTS The Cederberg Municipality has received a second debt relief write-off of R14.9 million from National Treasury as part of an ongoing programme aimed at helping local governments reduce …

  • Energy TransitionIn the News

    Nersa Approves 176 Electricity Tariff Applications for 2026/27 Year

    by Oluwatosin Racheal Alabi June 1, 2026
    by Oluwatosin Racheal Alabi June 1, 2026

    KEY POINTS The National Electricity Regulator of South Africa, Nersa, has confirmed that it has completed the approval process for all 176 electricity tariff applications submitted by licensed municipal and …

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