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KEY POINTS The Federal Government’s plan to impose a 5% tax on petrol, diesel and other refined fuels from January 2026 is drawing sharp resistance from opposition parties, fuel retailers, …

KEY POINTS According to official documents seen by Billionaires.Africa, Aliko Dangote’s $20 billion refinery purchased 100,000 barrels of crude worth $7.2 million from the Nigerian National Petroleum Company Limited, NNPC, …

African leaders reshaped energy policies, pushing transparency, renewables, and downstream industries that placed the continent at the heart of global debates

KEY POINTS Despite indications of volatility in global markets ahead of a crucial OPEC+ meeting, Nigeria’s crude oil prices remained above the $71 per barrel mark in the middle of …

KEY POINTS In light of the continent’s industry’s struggles to recover from a brutal energy crisis, new competition from China, and the effects of U.S. trade tariffs, U.S Major Oil …

KEY POINTS In an effort to reduce their holdings while maintaining firm control over the North Sea oil and gas producer, Italian oil giant Eni SpA and Israeli investment firm …

KEY POINTS The most important deepwater oil and gas deal in over ten years was signed by Nigeria with France’s TotalEnergies and local partner South Atlantic Petroleum, Sapetro, in a …

KEY POINTS The first time an international oil company has obtained acreage through a competitive bid round in Africa’s largest crude producer in over a decade, French energy giant TotalEnergies …

KEY POINTS TotalEnergies SE has been awarded rights to explore a new offshore block in the Republic of Congo, expanding its footprint in the central African nation where it already …

KEY POINTS Oil prices rose on Monday, lifted by a weaker U.S. dollar and mounting supply concerns tied to intensifying Russian and Ukrainian airstrikes on energy infrastructure. Brent crude climbed …