In the News

KEY POINTS Nigeria’s largest refinery, Dangote Refinery, has announced a reduction in the prices of Premium Motor Spirit (PMS), popularly known as petrol, and Automotive Gas Oil (AGO), commonly referred …

KEY POINTS The Nigerian National Petroleum Company Limited, NNPC recorded a sharp increase in its financial performance in April 2026, with revenue rising to N4.97 trillion from N2.77 trillion in …

Kenya’s EACC has arrested a Kenya Power technician and an accomplice for demanding a Ksh30,000 bribe to restore electricity to a disconnected residential property.

Global energy investment will reach a record $3.4 trillion in 2026, with clean energy attracting nearly double the capital flowing into oil, gas and coal, the IEA says.

President Boakai has sent a $57 million World Bank financing agreement to Liberia’s legislature covering a 30MW solar plant and a 42MW expansion of Mount Coffee hydro plant.

KEY POINTS The Dangote Petroleum Refinery has reduced its gantry price of automotive gas oil (diesel) by N200 per litre, bringing the new rate down from N1,800 to N1,600. The …

KEY POINTS The Federal Capital Territory High Court in Abuja has dismissed a $19.6 million lawsuit filed against the Nigerian National Petroleum Company Limited, NNPC Ltd, by Alternate Dimensions Ventures …

KEY POINTS Shareholders of ExxonMobil have approved the company’s proposal to shift its legal incorporation to Texas, marking a significant corporate decision for one of the world’s largest energy companies. …

KEY POINTS Eskom has commenced construction of a new R1.2 billion 75-megawatt solar power plant at the Lethabo Power Station in the Free State province, marking a major milestone in …

KEY POINTS The prolonged blockade of the Strait of Hormuz has completely reshuffled the global oil order. Satellite imagery analyzed by German business publication WirtschaftsWoche and earth observation firm LiveEO …