KEY POINTS A planned initial public offering (IPO) of Aliko Dangote’s $20 billion Dangote Petroleum Refinery could dramatically expand the size of Nigeria’s capital market, potentially pushing total stock market …
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KEY POINTS The Nigerian National Petroleum Company Limited, NNPC Ltd, has announced a significant new oil and gas discovery Awodi-07 in the Niger Delta. The find, named the Awodi-07 well, …
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India sees up to $500 billion in energy investment opportunities as reforms, refining expansion, and LNG infrastructure support its drive toward energy independence
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KEY POINTS Global oil prices held steady on Monday, remaining above Nigeria’s 2026 budget benchmark of $64.85 per barrel, as supply disruptions and rising geopolitical tensions in the Middle East …
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In the NewsMarketsOil & Gas
Chevron Boosts Venezuelan Oil Shipments as U.S. Policy Reshapes Export Routes
KEY POINTS Chevron has dispatched a larger fleet of tankers to transport Venezuelan crude, sending 15 vessels carrying around 200,000 barrels per day, the most since March, under a U.S. …
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The UK and African Development Bank extend a $1bn guarantee for South Africa, securing municipal financing and supporting clean energy and utility reform projects nationwide
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South Africa continues to lead Africa’s renewable energy investment landscape as policy reforms, natural resources, and private capital combine to reshape the continent’s clean power future
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TotalEnergies secures a long-term extension of Libya’s Waha oil concessions, reinforcing upstream investment plans as the country seeks production stability and renewed foreign interest
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KEY POINTS Italy’s energy major Eni has agreed to sell a minority stake in Côte d’Ivoire’s Baleine offshore oil and gas project, bringing Azerbaijan’s state-owned oil company SOCAR into the …
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Energy TransitionIn the News
NISO Blames Multiple 330kV Line Trips, Generator Disconnections for National Grid Collapse
KEY POINTS Large portions of Nigeria went dark on Friday due to a system-wide collapse of the country’s electrical grid, according to the Nigerian Independent System Operator (NISO). NISO told …