KEY POINTS Niger Delta youth leaders have thrown their weight behind the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Bashir Ojulari, urging President Bola Tinubu to …
In the News
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In the NewsMarketsOil & Gas
Nigeria Targets $50bn Offshore Investment as 22 Oil Projects Set for Production by 2030
KEY POINTS Nigeria is targeting up to $50 billion in Offshore Investment by 2030 as the country seeks to revive its oil and gas industry, attract fresh capital and significantly …
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KEY POINTS Eskom has warned that South Africa’s ongoing Grid Reform could weaken the state-owned power utility’s finances and unsettle lenders if the government transfers its transmission assets to a …
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KEY POINTS The Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, has proposed sweeping new regulations aimed at strengthening Fuel Competition and preventing petroleum companies from manipulating prices, restricting supply …
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KEY POINTS Global oil prices climbed on Friday as uncertainty over plans to reopen the Hormuz Strait intensified, with concerns growing that any reopening could involve restrictions, fees and conditions …
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KEY POINTS The Dangote Petroleum Refinery has announced fresh reductions in the ex-depot prices of Premium Motor Spirit (PMS), popularly known as petrol, and Automotive Gas Oil (diesel), in a …
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GovernmentIn the NewsOil & Gas
Sonangol’s Katambi-2 Well Confirms High-Quality Reservoirs, Boosts Angola’s Gas Prospects
KEY POINTS Angola’s state-owned oil company, Sonangol, and the country’s oil and gas regulator have announced promising results from the Katambi-2 offshore appraisal well, with initial testing confirming productive reservoirs …
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Energy TransitionIn the NewsOil & Gas
Johann Rupert’s Remgro Backs Electricity Trading Platform Challenging Eskom’s 103-year Monopoly
KEY POINTS Investment Group belonging to Johann Rupert, Remgro, is positioning itself to play a significant role in South Africa’s emerging competitive electricity market through the Energy Exchange of Southern …
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KEY POINTS Uganda is targeting February 2027 for a final investment decision (FID) on its long-delayed $4 billion crude oil refinery, a development that could mark a major step towards …
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Liberia will host its first international mining and energy conference in October, courting more than 3 billion dollars in investment for its extractive sectors.