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In the News

  • In the NewsOil & Gas

    ExxonMobil in Talks to Power AI Data Centres with Cleaner Natural Gas

    by Oluwatosin Racheal Alabi November 2, 2025
    by Oluwatosin Racheal Alabi November 2, 2025

    KEY POINTS ExxonMobil is in advanced discussions with power producers and leading technology companies to provide energy for artificial intelligence data centres using natural gas facilities equipped with carbon capture …

  • Energy TransitionIn the News

    Eskom Overhauls Board with Seven New Appointments to Drive Reform and Energy Stability

    by Oluwatosin Racheal Alabi October 31, 2025
    by Oluwatosin Racheal Alabi October 31, 2025

    KEY POINTS Eskom Holdings SOC Limited has announced a sweeping reconstitution of its Board of Directors, unveiling seven new appointments effective 1 December 2025, in what officials describe as a …

  • In the NewsOil & Gas

    Mozambique Pushes Back on TotalEnergies’ Revised LNG Plan Amid Rising Project Costs

    by Oluwatosin Racheal Alabi October 31, 2025
    by Oluwatosin Racheal Alabi October 31, 2025

    KEY POINTS Mozambique’s government has hinted at possible resistance to TotalEnergies’ revised budget and timeline for its liquefied natural gas, LNG, project, signalling that the country may not easily approve …

  • In the NewsOil & Gas

    Arbitration Storms Shake Global LNG Industry as Contracts Give Way to Courtroom Battles

    by Oluwatosin Racheal Alabi October 31, 2025
    by Oluwatosin Racheal Alabi October 31, 2025

    KEY POINTS The liquefied natural gas industry, LNG, long anchored in decades-long contracts and mutual trust, is now navigating its most turbulent phase yet. Billionaires Africa reports that what was …

  • In the NewsOil & Gas

    Dangote Dismisses Calls to Buy NNPC Refineries, Urges Private Investors to Take the Lead

    by Oluwatosin Racheal Alabi October 31, 2025
    by Oluwatosin Racheal Alabi October 31, 2025

    KEY POINTS Aliko Dangote has ruled out acquiring any of Nigeria’s ailing state-owned refineries, saying he would rather expand his privately-owned Dangote Refinery than be accused of monopolising the nation’s …

  • In the NewsOil & Gas

    OMV Strikes New Oil in Libya’s Sirte Basin, Testing Over 4,200 Barrels a Day

    by Oluwatosin Racheal Alabi October 30, 2025
    by Oluwatosin Racheal Alabi October 30, 2025

    KEY POINTS Libya’s National Oil Corporation, NOC, has announced a fresh oil discovery in the Sirte Basin made by Austria’s OMV, signalling renewed momentum in the country’s upstream sector amid …

  • Energy TransitionIn the News

    Eskom Begins Smart Meter Rollout in KwaZulu-Natal to Curb Load Reduction and Modernise Grid

    by Oluwatosin Racheal Alabi October 30, 2025
    by Oluwatosin Racheal Alabi October 30, 2025

    KEY POINTS Eskom has begun installing smart meters across KwaZulu-Natal as part of a nationwide drive to overhaul South Africa’s ageing electricity infrastructure and address persistent load reduction.  The initiative …

  • In the News

    Bonny Light Holds at $66 as Optimism Builds Over Trump–Xi Trade Talks

    by Oluwatosin Racheal Alabi October 30, 2025
    by Oluwatosin Racheal Alabi October 30, 2025

    KEY POINTS Nigerian crude prices held firm on Wednesday as data showed that US oil and fuel inventories dropped more than expected, offering a fresh spark to global oil markets. …

  • In the News

    Cooking Gas Prices Soar Across Nigeria, Forcing Households Back to Firewood

    by Oluwatosin Racheal Alabi October 30, 2025
    by Oluwatosin Racheal Alabi October 30, 2025

    KEY POINTS Nigeria’s push toward clean energy is facing an uphill battle as the price of cooking gas continues to surge nationwide.  What was once a cheaper and healthier alternative …

  • In the NewsMarketsOil & Gas

    Nigeria Loses N57 Billion to PENGASSAN Strike as Oil Output Falls by 200,000 Barrels Daily

    by Oluwatosin Racheal Alabi October 29, 2025
    by Oluwatosin Racheal Alabi October 29, 2025

    KEY POINTS Nigeria’s economy has taken another hit as the recent nationwide strike by senior oil workers, PENGASSAN, caused massive disruptions in crude oil production, gas supply, and electricity generation.  …

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  • Ikeja Electric Cuts Off Lagos Residents in Dispute Over N2.1 Million Legacy Debt
  • TotalEnergies Raises Stake in Nigerian Offshore Block After Strategic Asset Swap
  • ExxonMobil’s Fife Ethylene Plant to Shut After Four Decades as Hundreds Face Redundancy

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Nigeria’s Oil Boom: Record Production in September 2023

CrossBoundary Energy Secures 200 Million Dollars to Scale Renewable Projects Across Africa
Shell Targets Month-End Restart for Pernis Refinery After Major Overhaul

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CrossBoundary Energy Secures 200 Million Dollars to Scale Renewable...
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