In the News

KEY POINTS Dangote Group is accelerating its diversification into high-value petrochemicals, with its refinery in Lekki, Lagos set to commence large-scale production of key industrial chemicals used in plastics and …

KEY POINTS The Nigerian Content Development and Monitoring Board, NCDMB, and Seplat Energy Plc have intensified efforts to establish a Centre of Excellence in Gas Development at Delta State University …

KEY POINTS ExxonMobil has reported significant progress in the decommissioning of its offshore assets in the Bass Strait, describing the process as advancing “strongly” as it continues to wind down …

KEY POINTS Sahara Group has positioned liquefied petroleum gas, LPG, as the most practical and immediate solution to Africa’s energy access challenges, amid rising global supply disruptions and infrastructure gaps. …

Petrobras has agreed to buy a 75% working interest in São Tomé and Príncipe’s offshore Block 3, taking operatorship from Oranto Petroleum.

South Africa’s fuel industry is rerouting imports away from the Arabian Gulf, securing April-to-June shipments from West Africa, the Atlantic Basin and Asia.

The Iran war’s energy shock is pushing Asia and Africa to expand nuclear power, with governments fast-tracking reactor plans across both continents.

President William Ruto defended Kenya’s high fuel prices at a Karen church service, saying Kenya is a middle-income country unlike its less-developed neighbors.

KEY POINTS Algeria has launched its 2026 oil and gas licensing round, offering seven exploration blocks as part of efforts to expand production capacity and draw international investors into its …

KEY POINTS The Transmission Company of Nigeria, TCN, has declared a force majeure following the collapse of a major transmission tower along the Ikeja West–Osogbo 330kV line after a severe …