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KEY POINTS The Dangote Petroleum Refinery and Petrochemicals FZE initial public offering, IPO, has attracted strong interest from Nigerians, with investors welcoming the opportunity to become part-owners of one of …

KEY POINTS Former Vice-President Atiku Abubakar has called on President Bola Tinubu’s administration to provide a detailed account of the N11.2 trillion in receivables recorded by the Nigerian National Petroleum …

KEY POINTS ExxonMobil is seeking to unlock more value from Nigeria’s deepwater oil and gas resources through advanced technology, integrated workflows and stronger collaboration across the industry. The American energy …

KEY POINTS Chevron has agreed to acquire a 10% stake in an offshore exploration licence in Namibia’s Orange Basin from Custos Energy for $11 million, strengthening its position in one …

KEY POINTS The Nigerian National Petroleum Company, NNPC, Limited spent N11.2 trillion to protect Nigeria’s oil and gas assets in 2025 on behalf of the federal government, according to its …

KEY POINTS The Transmission Company of Nigeria, TCN, has restored the 330kV Kainji-Birnin Kebbi single-circuit transmission line after nearly a month of disruption caused by the collapse of a transmission …

KEY POINTS Total Exploration and Production Nigeria Limited and Conoil Producing Limited have made a new hydrocarbon discovery in the offshore waters of western Nigeria, adding to the country’s known …

KEY POINTS Dangote Petroleum Refinery increased its crude processing significantly in August 2026, strengthening domestic fuel supply and reducing Nigeria’s reliance on imported petroleum products. The 700,000-barrels-per-day refinery recorded average …

KEY POINTS South Africa’s state-owned electricity utility, Eskom, has sharply reduced its reliance on expensive diesel generators as the country’s electricity supply system continues to improve. Eskom spent R1.16 billion …

KEY POINTS A Federal High Court in Abuja has ordered the Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, to continue granting petroleum products import licences to Matrix Energy, AA …