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In the News

  • In the NewsMarkets

    The Role of Private Equity in Advancing African Energy Projects

    by Ikeoluwa Juliana Ogungbangbe October 30, 2024
    by Ikeoluwa Juliana Ogungbangbe October 30, 2024

    Private equity in African energy projects provides essential funding, drives renewable growth, and bridges infrastructure gaps for sustainable development across the continent

  • In the News

    Nersa Approves Private Electricity Licenses Despite Eskom Pushback

    by Motoni Olodun October 30, 2024
    by Motoni Olodun October 30, 2024

    Nersa approved private electricity licenses in South Africa, aiming to enhance energy resilience and address chronic power challenges.

  • In the News

    BP Profits Plunge Amid Low Oil Demand, Refining Weakness

    by Adenike Adeodun October 30, 2024
    by Adenike Adeodun October 30, 2024

    BP’s third-quarter profits hit a four-year low at $2.3 billion, as declining oil demand and weak refining margins weigh on the energy giant. Rising debt levels and a strategic pivot …

  • In the NewsOil & Gas

    Mexico Oil Tanker Heads to Cuba Amid Crisis

    by Ikeoluwa Juliana Ogungbangbe October 29, 2024
    by Ikeoluwa Juliana Ogungbangbe October 29, 2024

    Mexico sends 400,000 barrels of oil to aid Cuba’s energy crisis following grid collapse and hurricane impact

  • In the News

    South Africa to Seek $13 Trillion Annual Climate Finance Commitment at COP29

    by Motoni Olodun October 29, 2024
    by Motoni Olodun October 29, 2024

    South Africa will advocate for a $13 trillion annual global climate finance commitment at COP29, emphasizing support for developing countries’ climate goals.

  • In the News

    Africa’s Role in Global Lithium Supply Chains

    by Adenike Adeodun October 29, 2024
    by Adenike Adeodun October 29, 2024

    Africa’s abundant lithium reserves are essential to the global clean energy transition, with investment focused on processing and overcoming infrastructure gaps.

  • In the News

    Endeavour Mining Launches Second Côte d’Ivoire Gold Mine Amid Uncertainty

    by Feyisayo Ajayi October 28, 2024
    by Feyisayo Ajayi October 28, 2024

    Endeavour Mining marks 30 years in Côte d’Ivoire with Lafigué mine, set to boost Africa’s gold output by up to 1.26M ounces.

  • In the News

    Oil Prices Drop Nearly $4 as Israel Shows Restraint on Striking Iran

    by Motoni Olodun October 28, 2024
    by Motoni Olodun October 28, 2024

    Oil prices dropped by nearly $4 as Israel showed restraint on striking Iran, easing concerns about supply disruptions and bringing temporary market relief

  • In the NewsMarketsOil & Gas

    Oil Prices Likely to Fall After Israel Shows Restraint in Strikes on Iran

    by Ikeoluwa Juliana Ogungbangbe October 28, 2024
    by Ikeoluwa Juliana Ogungbangbe October 28, 2024

    Oil prices are set to fall as Israel’s restrained strikes on Iran avoid disrupting oil infrastructure, allowing for short-term market stability

  • In the News

    South Korea Eyes Additional Oil Tax Cut Amid Price Risks  

    by Adenike Adeodun October 28, 2024
    by Adenike Adeodun October 28, 2024

    South Korea considers further oil tax cuts as global oil markets face potential disruptions from Middle East tensions.

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  • Aiteo Breaks New Ground in Libya as Benedict Peters Expands African Energy Footprint

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Nigeria’s Oil Boom: Record Production in September 2023

Dangote Refinery Cuts Petrol Price by N25, Bringing Gantry Rate to N774 per Litre
Nigerian Oil & Gas Sector Surges 31% in 2026

Latest Stories

Dangote Refinery Cuts Petrol Price by N25, Bringing Gantry...
Nigerian Oil & Gas Sector Surges 31% in 2026
Nigeria’s Oil Price Slides Below $69 Amid Rising US-Iran...

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