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  • In the NewsMarketsOil & Gas

    NNPCL Sets 2026 Targets as Oil and Gas Output Surges in 2025

    by Oluwatosin Racheal Alabi December 29, 2025
    by Oluwatosin Racheal Alabi December 29, 2025

    KEY POINTS Nigeria’s National Petroleum Company Limited, NNPCL, reported strong gains in 2025, with crude oil and gas production rising above expectations, officials said. Group Chief Executive Officer Bayo Ojulari …

  • Energy TransitionIn the News

    REA Deploys 200 Mini Grids in 2025 as Nigeria Targets Wider Rural Power Access

    by Oluwatosin Racheal Alabi December 27, 2025
    by Oluwatosin Racheal Alabi December 27, 2025

    KEY POINTS Nigeria’s Rural Electrification Agency, REA, says it deployed more than 200 mini grids across underserved communities nationwide in 2025, marking a major step in efforts to narrow the …

  • Energy TransitionIn the News

    Eskom Outages Hit Nine Year Low as Power System Shows Strongest Gains Since 2016

    by Oluwatosin Racheal Alabi December 27, 2025
    by Oluwatosin Racheal Alabi December 27, 2025

    KEY POINTS South Africa’s electricity grid is showing its strongest performance in almost a decade, with Eskom reporting a sharp fall in unplanned outages and steady gains in plant availability. …

  • In the NewsOil & Gas

    NNPC Reaffirms Peaceful Ogoniland Re-entry as FG Steps Up Dialogue and Jobs

    by Oluwatosin Racheal Alabi December 24, 2025
    by Oluwatosin Racheal Alabi December 24, 2025

    KEY POINTS Nigeria’s state energy firm has restated its commitment to peace and dialogue in Ogoniland, describing the federal government’s renewed engagement with the oil producing area as a turning …

  • In the NewsOil & Gas

    Libya’s Mufti Demands Full Transparency in Oil Sales, Backs Migrant Repatriation Drive

    by Oluwatosin Racheal Alabi December 24, 2025
    by Oluwatosin Racheal Alabi December 24, 2025

    KEY POINTS Libya’s Grand Mufti, Sheikh Al Sadiq Al Gharyani, has called on the National Oil Corporation, NOC, to fully disclose how much oil the country produces each day, how …

  • In the NewsOil & Gas

    Shell and INEOS Strike New Deepwater Oil Discovery in US Gulf

    by Oluwatosin Racheal Alabi December 24, 2025
    by Oluwatosin Racheal Alabi December 24, 2025

    KEY POINTS Shell and INEOS have confirmed a new oil discovery in the deep waters of the United States Gulf, adding momentum to offshore exploration activity in one of the …

  • In the NewsMarketsOil & Gas

    Conoil Announces N2.43 Billion Dividend After Strong Annual Growth

    by Oluwatosin Racheal Alabi December 23, 2025
    by Oluwatosin Racheal Alabi December 23, 2025

    KEY POINTS Conoil Plc moved to reassure its investors this week, announcing a substantial dividend payout following a year of notable financial growth. At the company’s 55th Annual General Meeting …

  • In the NewsOil & Gas

    Chevron’s Long Stay Puts it at Centre of Venezuela Oil Stakes

    by Oluwatosin Racheal Alabi December 23, 2025
    by Oluwatosin Racheal Alabi December 23, 2025

    KEY POINTS The decision by Chevron to remain in Venezuela through years of political turmoil, sanctions and economic collapse is now placing the US oil major at the centre of …

  • In the NewsMarketsOil & Gas

    Dangote Refinery Opens Hotline to Report MRS Stations Overcharging for Fuel

    by Oluwatosin Racheal Alabi December 23, 2025
    by Oluwatosin Racheal Alabi December 23, 2025

    KEY POINTS Dangote Petroleum Refinery is taking its new fuel price directly to the public, launching a hotline for consumers to report MRS retailers charging too much. The company announced …

  • Energy TransitionIn the News

    Eskom Reports Improved Power Stability Ahead of Holiday Season Demand

    by Oluwatosin Racheal Alabi December 23, 2025
    by Oluwatosin Racheal Alabi December 23, 2025

    KEY POINTS South Africa’s national electricity supplier, Eskom, says its power generation system has stabilized and is better prepared to handle holiday demand. The utility points to sustained maintenance and …

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Nigeria’s Oil Boom: Record Production in September 2023

Surge in Imports Pushes Cooking Gas Prices Down Toward N1,000/kg in Nigeria
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Surge in Imports Pushes Cooking Gas Prices Down Toward...
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