KEY POINTS South Africa’s state power utility Eskom Holdings SOC Ltd and the country’s energy regulator National Energy Regulator of South Africa have agreed to temporarily suspend legal proceedings over …
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KEY POINTS OPEC, the coalition of major oil-producing nations including Saudi Arabia and Russia, has agreed to raise oil production by 547,000 barrels per day starting September 2026. This decision …
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KEY POINTS Residents of Waterfront Estate, Sekumade Estate, and the NBC Community in the Ebute area of Ikorodu Local Government Area, Lagos State, took to the streets on Friday to …
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KEY POINTS The Minister of Power, Chief Adebayo Adelabu, has directed the Ibadan Electricity Distribution Company, IBEDC, to accelerate the installation of 59,000 free prepaid meters allocated to its customers. …
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KEY POINTS Nigeria’s biggest industrial project is preparing for a major financial milestone. The Dangote Group has selected three investment firms to oversee what could become the largest share sale …
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In the News
New CNG Station Launched at Obafemi Awolowo University to Cut Transport Costs and Promote Clean Energy
KEY POINTS The Midstream and Downstream Gas Infrastructure Fund (MDGIF) has officially opened a modern Compressed Natural Gas, CNG, refuelling station at Obafemi Awolowo University in Ile-Ife, marking another move …
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In the NewsOil & Gas
Niger Delta Communities Ask Governors for Share of Oil Funds as New Trusts Take Off
KEY POINTS Oil-producing communities in the Niger Delta have renewed calls for state governors to release part of the 13 percent oil derivation allocation directly to them, saying the funds …
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In the NewsOil & Gas
Investors Eye Northern Boom as NNPC Pushes July 2026 Gas Launch from AKK Pipeline
KEY POINTS The Nigerian National Petroleum Company Limited, NNPC Ltd, is stepping up talks with investors as it prepares to deliver its first gas through a key section of the …
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KEY POINTS The Nigerian Upstream Petroleum Regulatory Commission has supervised the official transfer of the OLO Oilfield Host Community Development Trust from TotalEnergies Marketing Nigeria Plc to Aradel Holdings, marking …
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Energy TransitionIn the News
Power Relief for Industry: Eskom Cuts Electricity Price by 29% to Save Jobs
KEY POINTS South Africa’s power utility, Eskom, has announced a major electricity price cut of about 29% for two struggling ferrochrome producers. The decision is aimed at helping the companies …