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  • In the NewsMarketsOil & Gas

    Nigeria Approves 145 New Oil Wells in 2026

    by Adedotun Oyeniyi November 11, 2026
    by Adedotun Oyeniyi November 11, 2026

    KEY POINTS Nigeria’s upstream oil regulator has approved 145 new well-drilling operations, 595 well re-entries and 39 field development plans so far in 2026 as the country steps up efforts …

  • Energy TransitionIn the News

    Koeberg Unit 2 Passes Nuclear Safety Test

    by Ikeoluwa Juliana Ogungbangbe November 11, 2026
    by Ikeoluwa Juliana Ogungbangbe November 11, 2026

    KEY POINTS South Africa’s state-owned power utility, Eskom, has announced that Unit 2 of the Koeberg Nuclear Power Station in Cape Town has successfully passed a major containment leak test, …

  • Energy TransitionIn the News

    TCN Announces Six-Hour Power Outage in Delta

    by Adenike Adeodun November 11, 2026
    by Adenike Adeodun November 11, 2026

    KEY POINTS Electricity customers in parts of Delta State will experience a six-hour power outage on Wednesday, November 11, as the Transmission Company of Nigeria (TCN) carries out scheduled maintenance …

  • In the NewsOil & Gas

    ExxonMobil Considers Return to Venezuela After Nearly 20 Years

    by Ikeoluwa Juliana Ogungbangbe November 10, 2026
    by Ikeoluwa Juliana Ogungbangbe November 10, 2026

    KEY POINTS American oil major ExxonMobil has signed a memorandum of understanding (MoU) with Venezuela’s state-owned oil company, Petróleos de Venezuela (PDVSA), to assess potential investment opportunities in the country’s …

  • Energy TransitionIn the News

    Eskom Wants ICASA to Regulate Prices of Telecoms Licences

    by Adenike Adeodun November 10, 2026
    by Adenike Adeodun November 10, 2026

    KEY POINTS South Africa’s state-owned power utility, Eskom, has urged the Independent Communications Authority of South Africa (ICASA) to regulate the prices at which telecommunications licences are resold. The proposal …

  • Energy TransitionIn the News

    FG to Begin National Grid Replacement in January 2027

    by Adedotun Oyeniyi November 10, 2026
    by Adedotun Oyeniyi November 10, 2026

    KEY POINTS The Federal Government plans to begin replacing ageing infrastructure across Nigeria’s national electricity grid in January 2027, as part of efforts to address persistent power supply challenges. Joseph …

  • Energy TransitionIn the News

    Ramokgopa and Eskom Push Nuclear Plans Amid Thyspunt Opposition

    by Ikeoluwa Juliana Ogungbangbe November 9, 2026
    by Ikeoluwa Juliana Ogungbangbe November 9, 2026

    KEY POINTS South Africa’s Minister of Electricity and Energy, Kgosientsho Ramokgopa, and state-owned power utility Eskom are preparing to advance the country’s nuclear energy programme at a joint nuclear and …

  • In the NewsMarkets

    Dangote Refinery IPO Attracts Millions but Misses 10m Investor Target

    by Adedotun Oyeniyi November 9, 2026
    by Adedotun Oyeniyi November 9, 2026

    KEY POINTS Aliko Dangote, chairman of Dangote Industries Limited, has disclosed that the initial public offering (IPO) of the company’s refinery business attracted millions of investors but failed to meet …

  • Energy TransitionIn the News

    TCN Disputes Ikeja Electric’s Explanation for Lagos Power Outages

    by Adenike Adeodun November 9, 2026
    by Adenike Adeodun November 9, 2026

    KEY POINTS The Transmission Company of Nigeria (TCN) has accused Ikeja Electric of misleading customers over recent power interruptions in parts of Lagos, insisting that reduced electricity generation and faults …

  • Energy TransitionIn the News

    NISO Blames Gas Shortages, Low Water Levels for Drop in Power Supply

    by Adenike Adeodun November 7, 2026
    by Adenike Adeodun November 7, 2026

    KEY POINTS The Nigerian Independent System Operator, NISO, has blamed inadequate gas supply to thermal power plants and reduced water levels at hydroelectric stations for the decline in electricity generation …

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  • Oil rebounds as Hormuz attacks weakens hopes for Iran truce
  • Nigeria Approves 145 New Oil Wells in 2026
  • Koeberg Unit 2 Passes Nuclear Safety Test
  • TCN Announces Six-Hour Power Outage in Delta
  • Hormuz LNG tanker traffic hits highest since Iran war began

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Petrol Price Hike Fears Grow as Landing Cost Hits ₦1,311

Oil rebounds as Hormuz attacks weakens hopes for Iran truce
Nigeria Approves 145 New Oil Wells in 2026

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Oil rebounds as Hormuz attacks weakens hopes for Iran...
Nigeria Approves 145 New Oil Wells in 2026
Koeberg Unit 2 Passes Nuclear Safety Test

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