Sahara Group has commenced bunkering operations in Mauritania after receiving a 2026 licence, deploying the FT NERVI tanker offshore Nouadhibou to supply compliant marine fuels.
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Savannah Energy grew Nigeria production 8% and revenue 17% to $104.1 million in four months while cash collections surged 48% year-on-year to $183.5 million.
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NNPC Ltd posted N481 billion in profit after tax for April 2026, a 74 percent jump from March, as oil revenue surged 79 percent to nearly N5 trillion.
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KEY POINTS The Dangote Petroleum Refinery has achieved a major global milestone, becoming the world’s largest single exporter of aviation fuel in April, as supply disruptions in the Middle East …
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KEY POINTS The National Electricity Regulator of South Africa, Nersa, has confirmed that it has completed the approval process for all 176 electricity tariff applications submitted by licensed municipal and …
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KEY POINTS Eskom has commenced construction of a new R1.2 billion 75-megawatt solar power plant at the Lethabo Power Station in the Free State province, marking a major milestone in …
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In the NewsOil & Gas
African Billionaires Secure Historic Windfall as Shipping Crisis Redraws Global Oil Map
KEY POINTS The prolonged blockade of the Strait of Hormuz has completely reshuffled the global oil order. Satellite imagery analyzed by German business publication WirtschaftsWoche and earth observation firm LiveEO …
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KEY POINTS The Federal High Court sitting in Port Harcourt, Rivers State, has issued a sweeping injunction restraining the Nigerian National Petroleum Company Limited, NNPCL, and all commercial banks operating …
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In the NewsOil & Gas
Shell Deepens Niger Delta Gas Expansion With New Supply Deals in Rivers, Bayelsa
KEY POINTS Shell Nigeria Gas, SNG, has expanded its operations in the Niger Delta through the signing of new Gas Sales and Purchase Agreements (GSPAs) with two companies, Boskel Nigeria …
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KEY POINTS The Centre for the Promotion of Private Enterprise, CPPE, has criticised the Federal Government over the recent issuance of fresh petrol import licences to petroleum marketers, despite the …