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  • In the News

    Court Nullifies PENGASSAN Chevron Branch Dissolution, Orders Fresh Elections

    by Ikeoluwa Juliana Ogungbangbe August 13, 2026
    by Ikeoluwa Juliana Ogungbangbe August 13, 2026

    KEY POINTS The National Industrial Court of Nigeria sitting in Ikoyi, Lagos, has nullified the dissolution of the Petroleum and Natural Gas Senior Staff Association of Nigeria, PENGASSAN, Chevron Branch …

  • Energy TransitionIn the News

    Severe Winter Weather Knocks Out Power Across South Africa

    by Ikeoluwa Juliana Ogungbangbe August 13, 2026
    by Ikeoluwa Juliana Ogungbangbe August 13, 2026

    KEY POINTS South Africa is grappling with the aftermath of a massive winter storm system that has battered multiple provinces with heavy snowfall, driving rain, gale-force winds, and freezing temperatures. …

  • In the NewsMarketsOil & Gas

    Oando Posts N127.8bn Operating Profit as Production Growth Drives H1 2026 Turnaround

    by Ikeoluwa Juliana Ogungbangbe August 13, 2026
    by Ikeoluwa Juliana Ogungbangbe August 13, 2026

    KEY POINTS Oando Plc recorded a significant improvement in its financial performance in the first half of 2026, reversing a substantial operating loss reported an operating profit of N127.8 billion …

  • In the NewsOil & Gas

    Nigeria Approves New Offshore Oil Investment Plan

    by Ikeoluwa Juliana Ogungbangbe August 12, 2026
    by Ikeoluwa Juliana Ogungbangbe August 12, 2026

    KEY POINTS President Bola Tinubu has approved a new regulatory and tax framework for offshore oil and gas projects as Nigeria seeks to attract as much as $50 billion in …

  • In the News

    Dangote Refinery Boosts West Africa Fuel Hub Plans

    by Ikeoluwa Juliana Ogungbangbe August 12, 2026
    by Ikeoluwa Juliana Ogungbangbe August 12, 2026

    KEY POINTS West African energy regulators are stepping up efforts to create a regional fuel pricing benchmark and trading hub, with Nigeria’s Dangote refinery emerging as a major factor behind …

  • Energy TransitionIn the News

    Kenya Power Warns Solar and Wind Are Straining Grid

    by Ikeoluwa Juliana Ogungbangbe August 12, 2026
    by Ikeoluwa Juliana Ogungbangbe August 12, 2026

    KEY POINTS Kenya Power has warned that the rapid growth of wind and solar power is creating challenges for the stability and reliability of the country’s electricity grid. The national …

  • Energy TransitionIn the News

    Presidency Rebukes Eskom Chair Over Power Grid Split

    by Ikeoluwa Juliana Ogungbangbe August 12, 2026
    by Ikeoluwa Juliana Ogungbangbe August 12, 2026

    KEY POINTS South Africa’s presidency has criticised Eskom chair Mteto Nyati for publicly raising concerns about the government’s plan to separate the electricity utility’s transmission business. The disagreement comes as …

  • In the NewsOil & Gas

    OGPF Accuses NNPC of Avoiding Questions Over Oil Block Awards

    by Oluwatosin Racheal Alabi August 11, 2026
    by Oluwatosin Racheal Alabi August 11, 2026

    KEY POINTS The Oil & Gas Professionals Forum, OGPF, has accused the Nigerian National Petroleum Company Limited (NNPCL) of avoiding the main issues raised about the recent Marginal Field bid …

  • In the NewsOil & Gas

    Dangote Refinery Took 78% of Crude Offered in Q2 — NUPRC

    by Oluwatosin Racheal Alabi August 11, 2026
    by Oluwatosin Racheal Alabi August 11, 2026

    KEY POINTS The Nigerian Upstream Petroleum Regulatory Commission, NUPRC, has disclosed that oil producers offered 68.1 million barrels of crude oil to the Dangote Refinery in the second quarter of …

  • In the News

    NERC Dissolves Kaduna Electric Board Over N456.5bn Debt

    by Ikeoluwa Juliana Ogungbangbe August 11, 2026
    by Ikeoluwa Juliana Ogungbangbe August 11, 2026

    KEY POINTS The Nigerian Electricity Regulatory Commission, NERC, has dissolved the board of directors of Kaduna Electricity Distribution Company, KAEDCO, over its failure to meet its financial obligations to the …

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  • Gas turbine boom may boost Nigeria’s exports but starve local supply
  • Oil slips on weaker demand outlook and higher US stocks
  • OPEC Cuts 2026 Global Oil Demand Growth Forecast to 600,000 bpd
  • Court Nullifies PENGASSAN Chevron Branch Dissolution, Orders Fresh Elections
  • Severe Winter Weather Knocks Out Power Across South Africa

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