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In the News

  • Energy TransitionIn the News

    New Hampshire Capital Unveils New Prepaid Meter Prices for Ikeja Electric Customers

    by Oluwatosin Racheal Alabi August 16, 2025
    by Oluwatosin Racheal Alabi August 16, 2025

    KEY POINTS New Hampshire Capital, one of Nigeria’s leading Meter Asset Providers, has rolled out fresh pricing for prepaid meters under the federal government’s Meter Asset Provider (MAP) scheme with …

  • In the NewsOil & Gas

    Nigeria’s Oil Industry Gains Edge in Attracting Finance, Renaissance CEO Says

    by Oluwatosin Racheal Alabi August 16, 2025
    by Oluwatosin Racheal Alabi August 16, 2025

    KEY POINTS “As reforms and leadership changes start to reposition the industry for global financing, Nigeria’s oil and gas sector is entering a new phase of confidence,” said Tony Attah, …

  • In the News

    Triumph Over Legal Tyranny: Billionaire Benedict Peters’ £50m UK Property Battle Ends in Victory

    by Oluwatosin Racheal Alabi August 15, 2025
    by Oluwatosin Racheal Alabi August 15, 2025

    KEY POINTS After nearly a decade of legal siege, £50 million worth of prime London properties have been released from UK court restraints, marking the end of one of the …

  • In the NewsOil & Gas

    Algeria Nears Landmark Exxon, Chevron Pact to Unlock Shale Gas Reserves

    by Oluwatosin Racheal Alabi August 15, 2025
    by Oluwatosin Racheal Alabi August 15, 2025

    KEY POINTS In a move that could transform the North African country’s energy landscape and increase its export power, Algeria is nearing agreements with Exxon Mobil Corp. and Chevron Corp. …

  • Energy TransitionIn the News

    Investec Seeks Solar-Powered Future With Bid to Bypass Eskom

    by Oluwatosin Racheal Alabi August 15, 2025
    by Oluwatosin Racheal Alabi August 15, 2025

    KEY POINTS By requesting a license to purchase and sell electricity directly from a sizable solar project in the Free State, the South African banking group Investec is taking a …

  • In the NewsMarketsOil & Gas

    NNPC Trims Petrol Prices in Abuja, Lagos as Market Pressures Shift

    by Oluwatosin Racheal Alabi August 15, 2025
    by Oluwatosin Racheal Alabi August 15, 2025

    KEY POINTS Although it provides some respite for drivers, the Nigerian National Petroleum Company Limited‘s, NNPC decision to lower the pump price of gasoline by ₦10 per litre at its …

  • In the NewsOil & Gas

    Oando Books Profit on Massive Asset Reversal as Core Losses Deepen

    by Oluwatosin Racheal Alabi August 14, 2025
    by Oluwatosin Racheal Alabi August 14, 2025

    KEY POINTS After reversing billions of naira in previous asset impairments, Oando Plc managed to turn a small profit in the first half of 2025, concealing severe operational losses and …

  • Energy TransitionIn the News

    Eskom Seeks Bidders for 291MW Solar Push to Ease South Africa’s Power Strain

    by Oluwatosin Racheal Alabi August 14, 2025
    by Oluwatosin Racheal Alabi August 14, 2025

    KEY POINTS As part of its continuous efforts to stabilize the nation’s unstable electrical grid and lessen its dependency on aging coal-fired plants, South Africa’s troubled power company Eskom has …

  • In the NewsOil & Gas

    Egypt Plans to Boost Gas Output by 60% by 2027

    by Oluwatosin Racheal Alabi August 14, 2025
    by Oluwatosin Racheal Alabi August 14, 2025

    KEY POINTS As the government works to regain investor confidence by aggressively repaying arrears owed to foreign energy partners, Egypt plans to increase natural gas production by more than half …

  • In the NewsMarkets

    South African Court Blocks TotalEnergies’ Offshore Drilling Plan Over Flawed Review

    by Oluwatosin Racheal Alabi August 14, 2025
    by Oluwatosin Racheal Alabi August 14, 2025

    KEY POINTS A South African court has thrown out environmental approval for an offshore oil and gas exploration project led by TotalEnergies, ruling that the French energy giant’s assessment failed …

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Latest Stories

  • NERC Report Flags Grid Frequency Breaches as Power Availability Drops to 36% in January 2026
  • Nigeria Resumes Petrol Importation to Bridge Domestic Refinery Supply Gaps
  • ExxonMobil Acquires FPSO ONE GUYANA from SBM Offshore for $2.32 Billion
  • Shell Nigeria Wins Top Honour for Deep-Water Oilfield Development at Abuja Energy Summit
  • South Africa Approves Higher Eskom Electricity Tariff Increases After Regulator Admits Errors

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Editors' Picks

Nigeria’s Oil Boom: Record Production in September 2023

NERC Report Flags Grid Frequency Breaches as Power Availability Drops to 36% in January 2026
Nigeria Resumes Petrol Importation to Bridge Domestic Refinery Supply Gaps

Latest Stories

NERC Report Flags Grid Frequency Breaches as Power Availability...
Nigeria Resumes Petrol Importation to Bridge Domestic Refinery Supply...
ExxonMobil Acquires FPSO ONE GUYANA from SBM Offshore for...

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