In the News

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 …

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 …

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 …

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 …

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 …

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 …

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). …

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 …

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 …

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 …