KEY POINTS Algeria has launched its 2026 oil and gas licensing round, offering seven exploration blocks as part of efforts to expand production capacity and draw international investors into its …
featured
-
-
Energy TransitionIn the News
TCN Declares Force Majeure After Rainstorm Destroys Lagos–Osun Transmission Line
KEY POINTS The Transmission Company of Nigeria, TCN, has declared a force majeure following the collapse of a major transmission tower along the Ikeja West–Osogbo 330kV line after a severe …
-
In the NewsOil & Gas
Nigeria Exports 55.39 Million Barrels as Dangote Refinery Struggles with Crude Shortage
KEY POINTS Nigeria exported a total of 55.39 million barrels of crude oil in the first two months of 2026, even as the Dangote Petroleum Refinery continues to grapple with …
-
KEY POINTS NNPC Retail Limited has hosted the second edition of its women-focused initiative, She-Fix 2.0, aimed at promoting inclusion and expanding opportunities for women in Nigeria’s energy sector. The …
-
KEY POINTS Nigeria has recorded a major milestone in its energy sector as the Dangote Petroleum Refinery & Petrochemicals pushed the country into becoming a net exporter of petrol for …
-
In the NewsOil & Gas
Nigerian Airlines Threaten Nationwide Shutdown Over 300% Surge in Jet Fuel Prices
KEY POINTS The Airline Operators of Nigeria (AON) has raised alarm over a dramatic spike in the cost of Jet A1 fuel, which surged from ₦900 per litre in late …
-
KEY POINTS Two major South African labour unions, the National Union of Mineworkers (NUM) and Solidarity, have accepted the 7% wage increase proposed by power utility Eskom. Union leaders confirmed …
-
KEY POINTS Africa’s richest industrialist, Aliko Dangote, is set to present a major industrial roadmap as the Dangote Group participates in the 2026 Nasarawa Trade Fair and Exhibition (NASTFE). The …
-
In the NewsMarketsOil & Gas
FG Commends ExxonMobil’s $3.5bn Investment, Seeks Increased Oil Sector Commitment
KEY POINTS The Federal Government has praised ExxonMobil Nigeria for investing over $3.5 billion in the country’s oil and gas sector, describing the move as a strong signal of renewed …
-
In the NewsMarketsOil & Gas
Oil Prices Climb as Doubts Over U.S.–Iran Peace Talks Deepen Hormuz Supply Fears
KEY POINTS Global oil prices rose by more than 1% on Thursday, recovering from earlier losses as traders grew increasingly doubtful that ongoing diplomatic efforts between the United States and …