In the News

KEY POINTS Ikeja Electric Plc has started refunding eligible customers who previously paid for electricity meters under the Meter Asset Provider programme. The electricity distribution company announced the development during …

KEY POINTS QatarEnergy has warned that the ongoing crisis around the Strait of Hormuz could delay some of its major expansion projects, as critical equipment needed for development work remains …

KEY POINTS South African electricity prices are on course to reach roughly 10 times their 2008 levels by the end of the 2026/27 financial year, far outpacing the country’s inflation …

KEY POINTS The Nigerian National Petroleum Company Limited, NNPC Ltd, has begun rolling out a technology-driven approach to fuel retailing with the commissioning of its first Smart Self-Service Station in …

KEY POINTS Dangote Petroleum Refinery and Petrochemicals has completed the basic engineering work for the next phase of its expansion, putting the company on course to raise the refinery’s capacity …

China’s refined oil product exports rose 12.7 percent in August, with jet fuel exports hitting a record high as Beijing eased its wartime export controls.

Japan’s oil refiners have secured enough crude through November despite Middle East tensions, the Petroleum Association of Japan said, drawing on national reserves.

KEY POINTS Eni has completed the sale of a 10% interest in Côte d’Ivoire’s Baleine offshore project to Azerbaijan’s state-owned energy company SOCAR, reshaping the ownership structure of one of …

KEY POINTS Moniepoint Microfinance Bank and TeamApt Limited have partnered to make the Initial Public Offering of Dangote Petroleum Refinery more accessible to retail investors across Nigeria. The partnership will …

KEY POINTS The Federal Government and the Nigerian National Petroleum Company Limited, NNPCL, have been urged to revive the country’s government-owned refineries as rising international crude oil prices continue to …