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 …
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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 …
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Energy TransitionIn the News
Cape Town Moves to Cut Dependence on Eskom With New Waste-to-Energy Power Plan
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 …
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In the NewsMarketsOil & Gas
Zimbabwe Hikes Fuel Prices Minutes After Tax Suspension Promise, Motorists Caught Off Guard
KEY POINTS Motorists in Zimbabwe were left frustrated after authorities announced a fuel price increase just minutes after the government promised relief by suspending taxes on diesel. The sudden reversal …
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KEY POINTS Global oil markets tightened sharply after Donald Trump vowed to intensify attacks on Iran, sending prices for near-term crude deliveries to record premiums over later contracts. Traders rushed …
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KEY POINTS Officials of the Dangote Petroleum Refinery have denied reports that the Nigerian National Petroleum Company Limited allocated seven crude oil cargoes to the facility for May, stating that …
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KEY POINTS Adeleye Falade has officially assumed office as Managing Director and Chief Executive Officer of Nigeria LNG Limited, taking over leadership of the company at its corporate headquarters in …
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KEY POINTS TotalEnergies is awaiting a court judgment on whether it can proceed with its planned exploration drilling in the Orange Basin offshore South Africa, following the conclusion of a …
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KEY POINTS Nigeria has become an important alternative supplier of aviation fuel to Europe as geopolitical tensions between the United States and Iran disrupt traditional supply routes from the Middle …
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KEY POINTS Nigeria’s crude oil reserves fell slightly to 37.01 billion barrels as of January 1, 2026, down from 37.28 billion barrels recorded a year earlier, according to the Nigerian …