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In the News

  • Energy TransitionIn the News

    Eni Commits $8 Billion to Egypt’s Energy Push in Five-Year Investment Drive

    by Oluwatosin Racheal Alabi September 29, 2025
    by Oluwatosin Racheal Alabi September 29, 2025

    KEY POINTS Italian energy major Eni SpA has unveiled plans to channel $8 billion into Egypt’s oil and gas sector over the next five years, reaffirming its central role in …

  • In the NewsOil & Gas

    NUPRC Urges Calm as Dangote–PENGASSAN Clash Threatens Fuel Supply

    by Oluwatosin Racheal Alabi September 29, 2025
    by Oluwatosin Racheal Alabi September 29, 2025

    KEY POINTS Nigeria’s petroleum regulator, NUPRC, has stepped into the growing standoff between Aliko Dangote’s refinery and oil sector unions, urging all sides to resolve their differences without putting the …

  • Energy TransitionIn the NewsOil & Gas

    Equatorial Guinea Strikes $690 Million Chevron Deal to Boost LNG Output

    by Oluwatosin Racheal Alabi September 29, 2025
    by Oluwatosin Racheal Alabi September 29, 2025

    KEY POINTS Equatorial Guinea has signed a landmark agreement with US energy major Chevron to kickstart the Aseng Gas Project, a $690 million development aimed at securing feedstock for the …

  • In the NewsOil & Gas

    PENGASSAN Orders Crude and Gas Cutoff to Dangote Refinery After Mass Layoffs

    by Oluwatosin Racheal Alabi September 27, 2025
    by Oluwatosin Racheal Alabi September 27, 2025

    KEY POINTS Nigeria’s most powerful oil and gas union, the Petroleum and Natural Gas Senior Staff Association of Nigeria, PENGASSAN, has directed its members across the country’s top energy firms …

  • In the News

    NUPRC Approves TotalEnergies’ $510 Million Oil Deal

    by Ikeoluwa Juliana Ogungbangbe September 26, 2025
    by Ikeoluwa Juliana Ogungbangbe September 26, 2025

    NUPRC clears TotalEnergies’ $510 million oil deal with Shell and Agip, with consent fees and obligations attached

  • In the News

    Nigeria Ends 10-Year Oil Investment Drought

    by Ikeoluwa Juliana Ogungbangbe September 26, 2025
    by Ikeoluwa Juliana Ogungbangbe September 26, 2025

    Nigeria ends a 10-year drought in oil sector investments as reforms restore confidence and attract billions in fresh commitments

  • In the News

    Egypt Pushes Ahead With New Zohr Wells to Revive Mediterranean Gas Output

    by Oluwatosin Racheal Alabi September 26, 2025
    by Oluwatosin Racheal Alabi September 26, 2025

    KEY POINTS Egypt is ramping up drilling at its flagship Zohr gas field in the Mediterranean, signaling a renewed push to restore production at one of the world’s largest offshore …

  • In the NewsOil & Gas

    Nigeria’s Cooking Gas Prices Drop Sharply in August as Inflation Eases

    by Oluwatosin Racheal Alabi September 26, 2025
    by Oluwatosin Racheal Alabi September 26, 2025

    KEY POINTS Nigeria’s households caught a rare break in August as the average cost of refilling cooking gas cylinders plunged, offering relief to millions grappling with stubbornly high living expenses. …

  • In the News

    Dangote Refinery Faces Backlash Over Mass Sacking of Nigerian Workers

    by Oluwatosin Racheal Alabi September 26, 2025
    by Oluwatosin Racheal Alabi September 26, 2025

    KEY POINTS Nigeria’s largest refinery project, owned by billionaire Aliko Dangote, is facing mounting criticism from labor unions after reports surfaced that all Nigerian staff at the facility were abruptly …

  • In the News

    NNPCL Gets N318bn for Frontier Oil Exploration

    by Ikeoluwa Juliana Ogungbangbe September 25, 2025
    by Ikeoluwa Juliana Ogungbangbe September 25, 2025

    KEY POINTS The Nigerian National Petroleum Company Limited has received N318.05 billion between January and August 2025 to finance frontier oil exploration, according to documents from the September meeting of …

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Nigeria’s Oil Boom: Record Production in September 2023

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Ghana Launches Safety Audit of All Power Substations After...
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