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In the News

  • In the NewsMarketsOil & Gas

    ExxonMobil Faces Output Pressure as Middle East Tensions Disrupt Key Production Hubs

    by Oluwatosin Racheal Alabi April 14, 2026
    by Oluwatosin Racheal Alabi April 14, 2026

    KEY POINTS ExxonMobil is bracing for a noticeable decline in its oil and gas output as escalating tensions in the Middle East continue to disrupt operations across the region. The …

  • Energy TransitionIn the News

    NERC Tightens Grip on Power Grid with New Rules to Cut Transmission Losses

    by Oluwatosin Racheal Alabi April 14, 2026
    by Oluwatosin Racheal Alabi April 14, 2026

    KEY POINTS Nigeria’s power sector regulator, the Nigerian Electricity Regulatory Commission, NERC, has rolled out fresh guidelines aimed at improving transparency and reducing electricity transmission losses across the country’s grid. …

  • GovernmentIn the News

    Eskom Picks Thyspunt for South Africa’s Next Nuclear Plant

    by Ikeoluwa Juliana Ogungbangbe April 14, 2026
    by Ikeoluwa Juliana Ogungbangbe April 14, 2026

    Eskom has named Thyspunt on South Africa’s Eastern Cape coast as the preferred site for its proposed 5,200-megawatt nuclear power station.

  • In the News

    Former Nigerian President Obasanjo urges Africa to build its own energy future

    by Ikeoluwa Juliana Ogungbangbe April 14, 2026
    by Ikeoluwa Juliana Ogungbangbe April 14, 2026

    Olusegun Obasanjo urged Africa to build its own energy pipelines and stop relying on foreign supply chains disrupted by wars far from the continent.

  • In the NewsOil & Gas

    TotalEnergies Strikes Oil at Congo’s Moho Block

    by Ikeoluwa Juliana Ogungbangbe April 14, 2026
    by Ikeoluwa Juliana Ogungbangbe April 14, 2026

    TotalEnergies has struck oil at the Moho license offshore Congo, combining two nearby finds into a 100 million barrel development prospect.

  • In the NewsOil & Gas

    Nigeria’s Ex-Oil Minister Diezani Denies All Six Bribery Counts at London Trial

    by Ikeoluwa Juliana Ogungbangbe April 14, 2026
    by Ikeoluwa Juliana Ogungbangbe April 14, 2026

    Former Nigerian petroleum minister Diezani Alison-Madueke took the witness stand Monday, telling a London jury she never solicited or accepted bribes.

  • In the News

    Africa’s Biggest Oil Refineries in 2026, and Why Dangote Now Leads the Continent

    by Ikeoluwa Juliana Ogungbangbe April 13, 2026
    by Ikeoluwa Juliana Ogungbangbe April 13, 2026

    Africa holds 7 to 8 percent of global oil reserves but still imports billions in refined fuel. Here are the 10 biggest refineries changing that.

  • In the News

    Ghana Is Cutting Fuel Taxes Within Days as the Iran Conflict Drives Pump Prices Higher

    by Ikeoluwa Juliana Ogungbangbe April 13, 2026
    by Ikeoluwa Juliana Ogungbangbe April 13, 2026

    Ghana is cutting fuel taxes within a week as the Iran conflict pushes petrol prices up 15 percent and diesel up 19 percent nationwide.

  • In the News

    World Bank Tells Nigeria to Restore Fuel Import Licenses and Break Dangote Refinery’s Market Grip

    by Ikeoluwa Juliana Ogungbangbe April 13, 2026
    by Ikeoluwa Juliana Ogungbangbe April 13, 2026

    The World Bank wants Nigeria to reinstate petrol import licenses, warning that Dangote Refinery’s market dominance threatens competition and consumer protection.

  • In the News

    Oando Plans $750 Million Drilling Campaign That Could Triple Its Oil Production in Nigeria

    by Ikeoluwa Juliana Ogungbangbe April 13, 2026
    by Ikeoluwa Juliana Ogungbangbe April 13, 2026

    Oando Plc is raising $750 million to drill up to 100 wells, a campaign its CEO says could triple the company’s oil production.

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Nigeria’s Oil Boom: Record Production in September 2023

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