KEY POINTS Eskom says South Africa has entered 2026 with its most stable and resilient power system in at least five years, a development that is helping sustain economic activity …
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In the NewsMarketsOil & Gas
Chevron Records Successful Awodi-07 Well, Expands Offshore Oil Exploration in Nigeria
KEY POINTS Chevron Nigeria Limited says it is refocusing its investment portfolio in Nigeria to significantly boost crude oil production, leveraging ongoing government reforms and the Petroleum Industry Act (PIA). …
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In the NewsMarketsOil & Gas
Shell Commits $20bn to Nigeria’s Energy Sector as Tinubu Backs Bonga Southwest Project
KEY POINTS Shell Plc has promised to put about $20 billion into Nigeria’s energy sector over the next few years. This shows that investors are once again confident in the …
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KEY POINTS Aliko Dangote, Africa’s richest man, is seeing his huge refinery in Lagos become more important around the world as refineries close in Europe and North America. According to …
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KEY POINTS As Nigeria enters 2026, solar industry executives and energy analysts are divided on the sector’s prospects. Some predict a rebound fueled by stabilizing markets and expanding off-grid solutions, …
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KEY POINTS Elipse International Ltd stands today as one of Nigeria’s most dynamic indigenous mining and mineral trading companies, a business shaped by vision, discipline, and an unwavering commitment to …
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Energy TransitionIn the NewsOil & Gas
Seplat Switches on ANOH Gas Plant Weeks After Heirs Energies’ $500m Entry
KEY POINTS Seplat Energy has begun commercial gas production from its Assa North Ohaji South, or ANOH, gas project, only weeks after Nigerian businessman Tony Elumelu’s Heirs Energies acquired a …
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KEY POINTS Senegal has taken away Atlas Oranto Petroleum’s license for the Cayar Offshore Shallow block because the company has not been meeting its financial and contractual obligations for a …
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In the NewsMarketsOil & Gas
PETROAN Presses Government for Clear Refinery Restart Timeline After $4bn Spend
KEY POINTS The Petroleum Products Retail Outlets Owners Association of Nigeria, PETROAN, has asked the Federal Government and the Nigerian National Petroleum Company Limited to make a clear and realistic …
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KEY POINTS Eskom says that South Africans shouldn’t expect load shedding after a transmission problem caused a temporary drop in power output at the Koeberg Nuclear Power Station. The utility …