KEY POINTS Despite attracting over $2 billion in private-sector funding within two years, Nigeria’s Federal Government is struggling to meet its 2025 nationwide Compressed Natural Gas, CNG, infrastructure goals. Findings …
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In the NewsOil & Gas
Shell Trading Backs Petralon Energy as Dawes Island First Oil Boosts Confidence in Indigenous Operators
KEY POINTS Investor confidence in local oil producers has received a notable lift following an endorsement from Shell Western Supply and Trading, which praised Petralon Energy for its operational performance …
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KEY POINTS Ugwumba Uche Nwosu has praised President Bola Ahmed Tinubu for approving a new directive requiring the Nigerian National Petroleum Company Limited, NNPC, to remit its revenues directly into …
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KEY POINTS The National Energy Regulator of South Africa, NERSA, has issued a multi-year electricity trading licence to BluEnergy Trading, a subsidiary of Blu Label Unlimited, enabling the company to …
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KEY POINTS The Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, has convened a stakeholders’ forum with gas retailers and operators aimed at strengthening safety standards and enforcing compliance across …
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In the NewsOil & Gas
ExxonMobil Ties Guyana Gas Investments to Faster Approvals, Stronger Regulatory System
KEY POINTS A senior executive of ExxonMobil says the pace of future investment in Guyana’s natural gas sector will depend largely on how efficiently government bureaucracy functions and whether a …
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KEY POINTS Oil prices edged lower after Iran signaled progress in nuclear talks with the United States, easing fears of military conflict. Analysts stress that short-term price swings rarely define …
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KEY POINTS President Bola Tinubu has signed a new executive order directing that proceeds from Nigeria’s oil and gas operations be paid directly into the Federation Account, in a sweeping …
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KEY POINTS Residents of Erunwen community in Ikorodu staged a protest at the headquarters of Ikeja Electric Distribution Company in Ikeja, demanding urgent action to address what they described as …
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Energy TransitionIn the News
Power Traders Demand Clear Plan for Eskom’s Future as South Africa Pushes Electricity Market Reform
KEY POINTS Electricity traders in South Africa are urging the government to clearly spell out the final structure and role of Eskom Holdings SOC Ltd, saying this clarity is essential …