Markets

KEY POINTS US energy major Chevron Corporation is reportedly considering new upstream investment opportunities in Tanzania after expressing interest in oil and gas exploration during recent discussions with the country’s …

KEY POINTS Shareholders of ExxonMobil have approved the company’s proposal to shift its legal incorporation to Texas, marking a significant corporate decision for one of the world’s largest energy companies. …

KEY POINTS The Government of Ghana has signed a multi-billion dollar agreement with Eni and the Jubilee Partners in a major move aimed at revitalising the country’s upstream petroleum sector. …

KEY POINTS The Nigerian National Petroleum Company Limited, NNPC, has accused the Dangote Petroleum Refinery of attempting to dominate Nigeria’s downstream petroleum sector through its legal challenge against fuel import …

KEY POINTS Nigerian billionaire businessman Femi Otedola has revealed that he sold his stake in Geregu Power Plc in order to position himself for a major investment in the proposed …

KEY POINTS South Africa’s state-owned power utility Eskom has begun exploratory discussions with the World Bank Group over potential funding support for a major nuclear energy expansion programme. The proposed …

KEY POINTS Shell has reported a first-quarter adjusted profit of $6.9 billion, its strongest performance in two years, surpassing analyst expectations of $6.36 billion. The result represents a sharp increase …

KEY POINTS The Nigerian Upstream Petroleum Regulatory Commission, NUPRC, has called for stronger collaboration among players in the gas, power, and financial sectors to address persistent challenges in Nigeria’s gas-to-power …

KEY POINTS Nigerians spent an estimated ₦5.43 trillion on petrol, commonly known as petrol, in the first quarter of 2026, amid rising fuel prices and ongoing tensions in the downstream …

KEY POINTS Seplat Energy Plc has confirmed the exchange rate it will use to convert its dollar-denominated dividends for the 2025 financial year, as it prepares to distribute over ₦68 …