KEY POINTS The Transmission Company of Nigeria, TCN, has announced a scheduled power interruption in Akwanga and surrounding communities in Nasarawa State as it carries out maintenance work on a …
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KEY POINTS ExxonMobil has taken another major step towards developing its long-awaited Rovuma LNG project in Mozambique after awarding McDermott Energy Solutions a letter of intent for limited engineering and …
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Energy TransitionIn the News
Eskom Records Six-Year High in Power Availability, Cuts Diesel Costs by 83%
KEY POINTS Eskom has recorded its strongest year-to-date Energy Availability Factor, EAF, performance in six years, marking a significant improvement in the reliability of South Africa’s electricity generation fleet and …
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In the NewsMarkets
NNPC to Undergo Reform, Join Capital Market as Nigeria Targets $1trn Economy – Tinubu
KEY POINTS President Bola Tinubu has announced plans to reform the Nigerian National Petroleum Company (NNPC) and eventually list the state-owned energy company on the capital market as part of …
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In the NewsOil & Gas
Dangote Refinery Again Becomes Europe’s Biggest Jet Fuel Supplier, Surpasses US
KEY POINTS The Dangote Petroleum Refinery has once again emerged as Europe’s largest supplier of imported jet fuel, overtaking the United States for the second consecutive month and strengthening Nigeria’s …
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KEY POINTS Oil and gas companies operating in Nigeria remitted a combined $6.755 billion and N1.529 trillion in statutory contributions to the Niger Delta Development Commission between 2021 and 2025, …
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In the News
Niger Delta Youth Leaders Back Ojulari, Urge Tinubu to Reject Calls for NNPC Leadership Change
KEY POINTS Niger Delta youth leaders have thrown their weight behind the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Bashir Ojulari, urging President Bola Tinubu to …
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In the NewsMarketsOil & Gas
Nigeria Targets $50bn Offshore Investment as 22 Oil Projects Set for Production by 2030
KEY POINTS Nigeria is targeting up to $50 billion in Offshore Investment by 2030 as the country seeks to revive its oil and gas industry, attract fresh capital and significantly …
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KEY POINTS Eskom has warned that South Africa’s ongoing Grid Reform could weaken the state-owned power utility’s finances and unsettle lenders if the government transfers its transmission assets to a …
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KEY POINTS The Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, has proposed sweeping new regulations aimed at strengthening Fuel Competition and preventing petroleum companies from manipulating prices, restricting supply …