KEY POINTS Seplat Energy Plc is heading into the second quarter of 2026 with strong production momentum, even before the full return of key assets like the Yoho offshore platform. …
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KEY POINTS The government of Egypt has raised natural gas prices for several industries as part of efforts to manage rising energy costs. The decision, announced through a prime ministerial …
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KEY POINTS The Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, has announced that the Dangote Petroleum Refinery will begin publishing aviation fuel prices on a daily basis. According to …
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KEY POINTS Two of the world’s biggest energy companies, ExxonMobil and Chevron, have reported significant drops in first-quarter profits for 2026, even as global oil prices surged due to supply …
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KEY POINTS The Dangote Refinery has begun direct jet fuel supply to global carriers, including Ethiopian Airlines, marking a major step into the international aviation fuel market. Rising tensions between …
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KEY POINTS President Bola Tinubu has removed Saidu Mohammed as the Chief Executive Officer of the Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, and nominated Rabiu Abdullahi Umar as …
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KEY POINTS The Dangote Refinery has increased the ex-depot price of Premium Motor Spirit (petrol) by ₦75 per litre, raising it from ₦1,200 to ₦1,275 per litre in a move …
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KEY POINTS TotalEnergies Marketing Nigeria Plc has reported an 11 per cent decline in revenue for the first quarter ended March 31, 2026, reflecting continued pressure in Nigeria’s downstream oil …
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Energy TransitionIn the News
Egbin Power Plant Shut Down After Fatal Underwater Accident Disrupts Nigeria’s Largest Thermal Station
KEY POINTS Egbin Power Plc, Nigeria’s largest thermal electricity generation station, has been forced to shut down operations and disconnect from the national grid following a fatal industrial accident that …
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KEY POINTS Libya has taken a significant step toward expanding its energy sector after its state-owned National Oil Corporation (NOC) signed a preliminary agreement with U.S. energy giant Chevron. The …