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KEY POINTS The Nigerian National Petroleum Company Limited, NNPC, has reaffirmed its commitment to resuming oil exploration in Borno State’s Lake Chad Basin, promising to work with the state government …

KEY POINTS The Dangote Refinery’s initial public offering, IPO, has attracted investors from 120 countries, including all 54 African nations, according to the Nigerian Exchange Group, NGX Group. NGX Group …

KEY POINTS South Africa’s power utility, Eskom, has announced a nine-hour electricity outage in Braamfischer, Soweto, on Thursday, October 29, 2026, to allow maintenance work on its distribution network. The …

KEY POINTS The Federal Government has commissioned 640 megawatts (MW) of electricity transmission capacity and six new substations in Kano and Katsina states as part of efforts to strengthen Nigeria’s …

Oil prices rose more than 1% Friday as Houthi attacks in Saudi Arabia raised fears of further Middle East supply disruption, pushing Brent above $114.

Namibia’s contested Petroleum Amendment Bill has cleared its second reading, after an opposition walkout, over concerns it concentrates energy oversight in the presidency.

KEY POINTS Nigeria has renewed plans to list the Nigerian National Petroleum Company Limited, NNPC Ltd, and Nigeria LNG Limited (NLNG) on the stock exchange as part of efforts to …

KEY POINTS Oando Plc has identified operating risks, inconsistent government policies and regulatory uncertainty as major reasons foreign lenders are reluctant to finance African oil and gas companies, warning that …

Brent edged lower to $109.55 on Monday as profit-taking offset Houthi attacks on Saudi energy sites and a steep fall in Gulf crude flows through Hormuz.

Oil slipped from a five-month high on Monday, with Brent at $107.57, as Trump’s Russia sanctions waiver raised hopes of more supply despite Hormuz disruptions.