KEY POINTS Italy’s energy major Eni has agreed to sell a minority stake in Côte d’Ivoire’s Baleine offshore oil and gas project, bringing Azerbaijan’s state-owned oil company SOCAR into the …
In the News
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Energy TransitionIn the News
NISO Blames Multiple 330kV Line Trips, Generator Disconnections for National Grid Collapse
KEY POINTS Large portions of Nigeria went dark on Friday due to a system-wide collapse of the country’s electrical grid, according to the Nigerian Independent System Operator (NISO). NISO told …
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KEY POINTS Seplat Energy Plc hit an all-time high on the Nigerian Exchange (NGX) after gaining more than 15% in January 2026. This happened after one of its founding investors …
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KEY POINTS The renewed interest of Aliko Dangote in Congo’s potash resources is increasingly being viewed through an energy lens, as Africa’s richest man positions his industrial empire to play …
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In the NewsMarketsOil & Gas
NMDPRA Seeks $50bn Private Investment to Deepen Nigeria’s Midstream Petroleum Capacity
KEY POINTS The Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, has asked private investors to put between $30 billion and $50 billion into Nigeria’s midstream petroleum sector. They say …
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Energy TransitionIn the News
Eskom Starts 2026 With Stronger Grid as Improved Performance Cuts Outages
KEY POINTS Eskom says South Africa has entered 2026 with its most stable and resilient power system in at least five years, a development that is helping sustain economic activity …
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In the NewsMarketsOil & Gas
Chevron Records Successful Awodi-07 Well, Expands Offshore Oil Exploration in Nigeria
KEY POINTS Chevron Nigeria Limited says it is refocusing its investment portfolio in Nigeria to significantly boost crude oil production, leveraging ongoing government reforms and the Petroleum Industry Act (PIA). …
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In the NewsMarketsOil & Gas
Shell Commits $20bn to Nigeria’s Energy Sector as Tinubu Backs Bonga Southwest Project
KEY POINTS Shell Plc has promised to put about $20 billion into Nigeria’s energy sector over the next few years. This shows that investors are once again confident in the …
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KEY POINTS Nigeria House Davos has honoured Tetracore Energy Group with the Indigenous Energy Excellence and Strategic Award, recognising the company’s growing influence in Nigeria’s energy sector and its role …
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KEY POINTS Aliko Dangote, Africa’s richest man, is seeing his huge refinery in Lagos become more important around the world as refineries close in Europe and North America. According to …