In the News

KEY POINTS Nigeria’s production of oil increased in July, giving the continent’s biggest producer new impetus to recover barrels that were lost to sabotage, theft, and years of underinvestment. According …

KEY POINTS Despite having a more reliable supply of electricity, some rural communities in Nigeria are paying higher electricity tariffs than urban Band A customers, according to the country’s federal …

KEY POINTS Monday saw a slight increase in oil prices as traders weighed the prospect of additional barrels entering the market from OPEC+ against geopolitical tensions that threatened Russian supply. …

KEY POINTS On Monday, the Nigerian Electricity Regulatory Commission, NERC, announced that it had given the recently formed Bayelsa Electricity Regulatory Agency (BYERA) control over the state’s power market. The …

KEY POINTS The Independent Petroleum Marketers Association of Nigeria, IPMAN, has sounded the alarm over a mounting debt dispute with the Anambra State Government that could push fuel prices in …

KEY POINTS Libya’s National Oil Corporation, NOC, is preparing to host a landmark joint energy forum with American investors, a move designed to restore confidence and channel fresh capital into …

KEY POINTS As it gets ready to put its second Cabinda refinery online next month, Angola is working harder to connect the growth of its oil infrastructure with the training …

KEY POINTS In an effort to increase export potential and fortify regional energy ties, Nigeria is proceeding with plans to link Equatorial Guinea with its enormous but underutilised natural gas …

KEY POINTS After Eskom and law enforcement officials removed dozens of illegal electricity connections that had been powering hundreds of informal homes, residents of Khayelitsha, Cape Town‘s New Monwabisi Park …

KEY POINTS After-tax earnings for the Nigerian National Petroleum Company Limited, NNPC, fell to ₦185 billion ($126 million) in July from ₦905 billion the month before, marking one of the …