KEY POINTS The Federal Government’s plan to issue as much as N4 trillion in sovereign-backed bonds to clear long-standing debts in the power sector is reviving an old debate about …
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Energy TransitionIn the News
Eskom Taps Enerweb to Build Virtual Wheeling Platform as Trading Rules Lag Behind
KEY POINTS Eskom has quietly taken a decisive step toward reshaping South Africa’s electricity market, awarding a contract to Johannesburg-based Enerweb to develop a digital platform that will underpin its …
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KEY POINTS Britain’s accounting regulator has launched an investigation into Ernst and Young’s, EY, audit of Shell’s 2024 financial statements, escalating scrutiny of compliance failures linked to mandatory partner rotation …
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In the NewsMarketsOil & Gas
Nigeria’s Non-Oil Exports Climb to Record N9.2 Trillion as Naira Shift Reshapes Trade
KEY POINTS Nigeria’s non-oil exports rose to an unprecedented N9.2 trillion in the first nine months of 2025, underscoring how currency reforms and pricing dynamics are altering the country’s external …
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KEY POINTS Nigeria’s state energy company, NNPCL, said it has stabilised operations on the Escravos Lagos Pipeline System following a disruption in Delta State, moving to isolate affected sections and …
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KEY POINTS Aliko Dangote has said Nigerians should not be paying more than N740 per litre for petrol nationwide, setting out an aggressive push to force prices down as his …
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In the NewsOil & Gas
Eni Switches on 150 MW Caparacena Solar Plant, Lifting Spain Renewables Footprint
KEY POINTS Eni SpA has brought a new large-scale solar facility online in southern Spain, deepening its push into renewables in one of Europe’s most competitive clean energy markets. Through …
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KEY POINTS Chevron Nigeria Limited on Thursday celebrated academic excellence in Delta State, honouring top performing secondary school students at the 2025 Awokoya Memorial Chemistry Competition, an annual science contest …
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KEY POINTS Shell is preparing to return to Namibia’s waters with a new exploration drive, setting April 2026 as the start date for a renewed drilling campaign in the PEL …
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Energy TransitionIn the News
Nigeria Unveils 40 Electric Buses as Government Steps Up Clean-Energy Drive
KEY POINTS Nigeria has taken another visible step in its clean-mobility journey with the unveiling of 40 electric buses in Abuja, part of a broader national push to ease transport …