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In the News

  • In the NewsMarkets

    Dangote Refinery Cuts Petrol Ex-Depot Price by ₦30 in Bid to Ease Market Pressure

    by Oluwatosin Racheal Alabi August 13, 2025
    by Oluwatosin Racheal Alabi August 13, 2025

    KEY POINTS Dangote refinery has lowered the wholesale price of gasoline, the second big action in two months to stabilize supply and ease pressure on petrol prices. On Tuesday, Dangote …

  • In the News

    Kepco, Partners Push Back on Banks’ Appeal in Ikeja Electric Receivership Battle

    by Oluwatosin Racheal Alabi August 12, 2025
    by Oluwatosin Racheal Alabi August 12, 2025

    KEY POINTS In response to a contentious receivership claim involving Ikeja Electric, KEPCO Energy Resource Nigeria Ltd., NG Power-HPS Ltd., and New Electricity Distribution Company Ltd. have retaliated against Nigerian …

  • Energy TransitionIn the NewsOil & Gas

    Elektron Seeks N200 Billion in Bond Market to Power Lagos’ First Major Private Gas Plant

    by Oluwatosin Racheal Alabi August 11, 2025
    by Oluwatosin Racheal Alabi August 11, 2025

    KEY POINTS Elektron Finance SPV Plc, the financing arm of Nigeria’s Elektron Energy Development Strategies, is stepping into the debt market with a bold N200 billion bond programme, betting big …

  • In the NewsOil & Gas

    Fusion Fuel Targets South African Market With Planned Joint Venture

    by Oluwatosin Racheal Alabi August 11, 2025
    by Oluwatosin Racheal Alabi August 11, 2025

    KEY POINTS Through a new joint venture, Fusion Fuel Green PLC, a small-cap clean energy company listed on the Nasdaq, is attempting to enter the specialized fuels market in South …

  • Energy TransitionIn the News

    MainPower Blames Blackouts in Enugu on Software Glitches

    by Oluwatosin Racheal Alabi August 11, 2025
    by Oluwatosin Racheal Alabi August 11, 2025

    KEY POINTS MainPower Electricity Distribution Limited blames “code coverage conflicts” and other technical issues for the frequent blackouts that have affected parts of Enugu. These issues make it challenging to …

  • In the NewsOil & Gas

    Nigerian Crude Holds Below $70 as Traders Eye U.S.-Russia Peace Push

    by Oluwatosin Racheal Alabi August 9, 2025
    by Oluwatosin Racheal Alabi August 9, 2025

    KEY POINTS Nigeria’s flagship Bonny Light crude ended Friday just shy of $69 a barrel, barely snapping a six-day losing streak, as global markets weighed the possibility of a U.S.-brokered …

  • In the News

    Sahara Group Denies Receivership Claims Over Ikeja Electric, Egbin Power

    by Oluwatosin Racheal Alabi August 7, 2025
    by Oluwatosin Racheal Alabi August 7, 2025

    KEY POINTS An advertisement claiming that FBNQuest Trustees Limited has placed Nigeria’s Ikeja Electricity Distribution Company and Egbin Power Plant under receivership has sparked controversy regarding the ownership of the …

  • In the NewsOil & Gas

    Shell, bp and Exxon Bet Big on Libya’s Oil Comeback After Decade of Instability

    by Oluwatosin Racheal Alabi August 7, 2025
    by Oluwatosin Racheal Alabi August 7, 2025

    KEY POINTS Libya’s oil and gas industry is making a resurgence after years of instability and underinvestment, attracting the interest of major players in the global energy market. In an …

  • In the NewsOil & Gas

    Greece Defies Libya’s Claims in High-Stakes UN Filing Over Eastern Mediterranean Waters

    by Oluwatosin Racheal Alabi August 6, 2025
    by Oluwatosin Racheal Alabi August 6, 2025

    Greece has strongly opposed Libya‘s claims to the sea in the Eastern Mediterranean. It did this by formally rejecting Tripoli’s objections to recent plans to explore for oil and gas …

  • In the News

    Nigeria’s Energy Leaders to Convene in Lagos for 2025 Gas Investment Forum

    by Oluwatosin Racheal Alabi August 6, 2025
    by Oluwatosin Racheal Alabi August 6, 2025

    KEY POINTS This October, Nigeria’s top energy officials and businesspeople will meet in Lagos for the third Gas Investment Forum (GIF). The country is working hard to turn its huge …

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Nigeria’s Oil Boom: Record Production in September 2023

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Five African Leaders Who Reshaped Global Energy Policies
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