KEY POINTS Dangote Petroleum Refinery has announced a reduction in its petrol gantry price to ₦1,175 per litre, marking a fresh adjustment in Nigeria’s downstream petroleum market. The development represents …
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Energy TransitionIn the News
Glencore-Merafe Halts Job Cuts after South Africa Approves Cheaper Electricity Tariff
KEY POINTS The Glencore-Merafe Chrome Venture has suspended planned layoffs after South Africa’s energy regulator approved a reduced electricity tariff of 62 cents per kilowatt-hour for the ferrochrome industry, offering …
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KEY POINTS The rapid expansion of the Dangote Petroleum Refinery has significantly reduced West Africa’s reliance on imported refined petroleum products, reshaping regional energy trade flows and shipping patterns. New …
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KEY POINTS The Socio-Economic Rights and Accountability Project SERAP has filed a lawsuit against the Nigerian National Petroleum Company Limited NNPCL at the Federal High Court in Abuja, challenging its …
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In the News
MTN Nigeria Signs a 34MW Solar Deal to Cut Diesel Costs Across Its Critical Network Sites
KEY POINTS Nigeria’s telecom operators spend hundreds of billions of naira every year keeping their networks alive on diesel. MTN Nigeria has decided it is done subsidizing that problem. The …
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ECOWAS Parliament has opened a five-day meeting in Dakar to develop strategies for expanding renewable energy and rural electrification across West Africa.
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TotalEnergies has resumed its $20 billion Mozambique gas project after a five-year suspension, reigniting both hopes for prosperity and frustration over unfulfilled community promises.
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President Tinubu praised the REA as Nigeria inaugurated its largest solar hybrid mini-grid projects in North-Central, providing clean power to over 5,000 households.
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In the NewsMarketsOil & Gas
Shell Suspends $3bn Share Buyback Ahead of $16.4bn ARC Resources Deal Vote
KEY POINTS British energy giant Shell has temporarily halted its $3 billion share buyback programme as it prepares for a crucial shareholder vote related to its proposed acquisition of Canadian …
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Tanzania has scrapped taxes on electric vehicles, compressed natural gas and charging equipment in its 2026/27 budget to accelerate its clean energy transition.