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KEY POINTS Petralon Energy has received strong endorsement from Shell Western Supply and Trading after successfully achieving first oil production at the Dawes Island Field. At a London event marking …

KEY POINTS Cooking gas prices across Nigeria are beginning to decline following a sharp rise in imports that has increased supply in local depots, according to new data released by …

KEY POINTS In a major boost for clean energy use in Africa’s mining industry, NOA Group and Sibanye-Stillwater have signed a long-term renewable electricity agreement that will supply approximately 401 …

KEY POINTS Brent oil prices held steady on Monday as traders weighed renewed diplomatic engagement between the United States and Iran against ongoing geopolitical tensions and fresh supply signals from …

KEY POINTS A consortium led by Chevron has signed exclusive lease agreements with Greece to explore natural gas reserves in deep-sea blocks off the country’s southern coast, marking a significant …

KEY POINTS South African President Cyril Ramaphosa has reaffirmed that the government remains committed to creating an independent electricity transmission company, pushing back against claims that authorities intend to dilute …

KEY POINTS The Eko Electricity Distribution Company, EKEDC, has arraigned six residents of Lagos for alleged electricity theft and conspiracy following their arrest during a raid carried out on February …

KEY POINTS ExxonMobil has commissioned a third advanced plastics-recycling unit at its Baytown refinery complex, marking a major expansion of its waste-processing capabilities. The new unit increases the site’s ability …

KEY POINTS Nigerian billionaire businessman Femi Otedola has praised industrialist Aliko Dangote following a visit to the Dangote Refinery, describing the facility as the “eighth wonder of the world.” In …

KEY POINTS The Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, has reported that the Dangote Petroleum Refinery increased its domestic supply of Premium Motor Spirit (PMS) to 40.1 million …