In the News

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

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

KEY POINTS TotalEnergies has confirmed that one of the processing units at the SATORP refinery in Saudi Arabia was damaged during overnight incidents earlier in the week. The company said …

KEY POINTS Shell plc has projected a decline in its first-quarter gas production alongside a significant short-term strain on liquidity, largely driven by disruptions linked to the ongoing tensions involving …

Tanzania lawmakers are pushing for fuel tax cuts and bigger storage reserves as the Middle East crisis drives pump prices sharply higher nationwide.

Guinea-Bissau has appointed an experienced water and resources engineer as its new Natural Resources Minister as offshore exploration activity accelerates in the MSGBC basin.

A Kenyan activist has filed a court petition seeking the suspension of Energy CS Opiyo Wandayi over a Ksh4.8 billion substandard fuel import scandal.

Namibia has secured Norwegian technical support for its oil sector while President Nandi-Ndaitwah presses parliament to pass a critical petroleum amendment bill.

KEY POINTS South Africa has a new solar milestone, and it sits on 347 hectares of Limpopo ground. Voltalia has fully commissioned the Bolobedu Solar Plant in Limpopo. The 148-megawatt …

KEY POINTS Oil prices climbed on Friday amid growing concerns over supply disruptions following attacks on energy facilities in Saudi Arabia and continued restrictions on shipping through the Strait of …