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KEY POINTS Oil prices climbed on Friday amid growing concerns over supply disruptions following attacks on energy facilities in Saudi Arabia and continued restrictions on shipping through the Strait of …

KEY POINTS State-owned Coega Development Corporation and power utility Eskom have signed a three-year strategic cooperation framework to support South Africa’s Nuclear New Build Programme (NNBP) and promote inclusive economic …

KEY POINTS The Nigerian National Petroleum Company Limited, NNPC, Nigerian Upstream Petroleum Regulatory Commission (NUPRC), and Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, have outlined strategies to achieve Nigeria’s …

KEY POINTS ExxonMobil is considering an $8 billion investment in Nigeria’s Owowo deepwater field, with a Final Investment Decision (FID) targeted by 2027, as the company renews its commitment to …

KEY POINTS Global oil prices rose on Thursday as doubts over the durability of a ceasefire in the Middle East raised concerns that energy shipments through the strategic Strait of …

KEY POINTS National Oil Corporation, NOC, has announced three new oil and gas discoveries in partnership with major energy companies from Italy, Spain, and Algeria, according to statements released by …

KEY POINTS Nigeria’s crude oil production has rebounded significantly, rising from a historic low of 960,000 barrels per day in 2022 to an average of 1.71 million barrels per day, …

KEY POINTS Nigeria’s Dangote Refinery has significantly increased exports of gasoline and urea fertiliser to African countries as supply disruptions triggered by the ongoing Iran war continue to strain energy …

KEY POINTS Nigeria’s oil and gas sector recorded a sense of relief over the weekend after senior staff of Seplat Energy suspended a strike that had threatened to disrupt the …

KEY POINTS The City of Cape Town has announced another step toward reducing its reliance on Eskom as it seeks to shield residents and businesses from rising electricity prices. The …