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  • In the NewsMarketsOil & Gas

    Chevron Raises Exploration Spending by 50%

    by Ikeoluwa Juliana Ogungbangbe November 2, 2026
    by Ikeoluwa Juliana Ogungbangbe November 2, 2026

    KEY POINTS US energy giant Chevron is increasing its oil and gas exploration spending by 50% in 2026 as it pursues new discoveries across Africa, South America and the Eastern …

  • In the NewsOil & Gas

    Seplat Discovers 157bcf of Gas, 19 Million Barrels of Oil

    by Adedotun Oyeniyi November 2, 2026
    by Adedotun Oyeniyi November 2, 2026

    KEY POINTS Seplat Energy Plc has discovered an estimated 157 billion cubic feet of natural gas and 19 million barrels of oil in place at its Aku-01 exploration well in …

  • In the NewsOil & Gas

    Cooking Gas Supply Rises 18% to 4.5m Litres Daily

    by Adenike Adeodun October 30, 2026
    by Adenike Adeodun October 30, 2026

    KEY POINTS Domestic supply of Liquefied Petroleum Gas (LPG), commonly known as cooking gas, increased by nearly 18 per cent year-on-year in September 2026, reaching 4.5 million litres per day, …

  • Energy TransitionIn the News

    AfriForum Challenges Eskom over R30.3bn Profit

    by Adedotun Oyeniyi October 30, 2026
    by Adedotun Oyeniyi October 30, 2026

    KEY POINTS South African civil rights organisation AfriForum has called on state-owned power utility Eskom to reduce the financial burden on electricity consumers following its announcement of a R30.3 billion …

  • In the NewsOil & Gas

    NNPC Renews Commitment to Oil Exploration in Borno

    by Ikeoluwa Juliana Ogungbangbe October 29, 2026
    by Ikeoluwa Juliana Ogungbangbe October 29, 2026

    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 …

  • In the NewsMarketsOil & Gas

    Dangote Refinery IPO Attracts Investors from 120 countries

    by Adenike Adeodun October 29, 2026
    by Adenike Adeodun October 29, 2026

    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 …

  • Energy TransitionIn the News

    Eskom Announces Nine-Hour Power Outage in Soweto

    by Adenike Adeodun October 27, 2026
    by Adenike Adeodun October 27, 2026

    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 …

  • Energy TransitionIn the NewsMarkets

    FG Adds 640MW Transmission Capacity to Nigeria’s Power Grid

    by Adenike Adeodun October 26, 2026
    by Adenike Adeodun October 26, 2026

    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 …

  • In the News

    Oil Prices Climb More Than 1% as Houthi Attacks on Saudi Arabia Fuel Supply Fears

    by Adenike Adeodun October 23, 2026
    by Adenike Adeodun October 23, 2026

    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.

  • In the News

    Namibia’s disputed petroleum bill clears second reading despite opposition walkout

    by Oluwatosin Racheal Alabi October 22, 2026
    by Oluwatosin Racheal Alabi October 22, 2026

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

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  • Chevron Raises Exploration Spending by 50%
  • Seplat Discovers 157bcf of Gas, 19 Million Barrels of Oil
  • Oil prices drop more than 4% on hopes of a deal to end Iran war
  • Nigeria’s power regulator courts investors to expand generation, but admits grid risks are scaring capital away
  • Eni Sells Nigerian Oil Stake to Sterling Subsidiary

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Nigeria’s Oil Boom: Record Production in September 2023

Chevron Raises Exploration Spending by 50%
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