KEY POINTS The rollout of Dangote Refinery’s much-anticipated fuel distribution scheme has hit an unexpected delay, nearly two weeks after its scheduled launch, unsettling petroleum marketers and raising fresh questions …
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KEY POINTS Five years after the Brazilian state oil giant withdrew from Nigeria, President Bola Tinubu has convinced Petrobras to re-enter the West African nation. The agreement, which was finalized …
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KEY POINTS In an effort to restart production at a location that was once touted as a game-changer for the nation’s energy balance, Egypt is drilling three new wells at …
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KEY POINTS Monday saw a slight increase in oil prices as traders weighed the prospect of additional barrels entering the market from OPEC+ against geopolitical tensions that threatened Russian supply. …
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Energy TransitionIn the NewsMarkets
Bayelsa Takes Control of Power Market as Nigeria Decentralizes Electricity Regulation
KEY POINTS On Monday, the Nigerian Electricity Regulatory Commission, NERC, announced that it had given the recently formed Bayelsa Electricity Regulatory Agency (BYERA) control over the state’s power market. The …
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KEY POINTS The Independent Petroleum Marketers Association of Nigeria, IPMAN, has sounded the alarm over a mounting debt dispute with the Anambra State Government that could push fuel prices in …
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Energy TransitionIn the NewsMarketsOil & Gas
Libya’s NOC Courts U.S. Investors With Energy Forum Amid Push to Revive Oil Output
KEY POINTS Libya’s National Oil Corporation, NOC, is preparing to host a landmark joint energy forum with American investors, a move designed to restore confidence and channel fresh capital into …
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KEY POINTS As it gets ready to put its second Cabinda refinery online next month, Angola is working harder to connect the growth of its oil infrastructure with the training …
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Energy TransitionIn the News
Cape Town’s Khayelitsha Shack Dwellers Clash With Eskom Over Power Cuts
KEY POINTS After Eskom and law enforcement officials removed dozens of illegal electricity connections that had been powering hundreds of informal homes, residents of Khayelitsha, Cape Town‘s New Monwabisi Park …
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KEY POINTS In July, Nigeria’s petrol prices slightly decreased, providing little respite to consumers from months of high energy prices that still have a significant impact on household budgets and …