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  • Energy TransitionIn the News

    Africa Now Key Player in Global Energy Market Amid Supply Crisis — NUPRC

    by Oluwatosin Racheal Alabi May 7, 2026
    by Oluwatosin Racheal Alabi May 7, 2026

    KEY POINTS The Nigerian Upstream Petroleum Regulatory Commission, NUPRC, has said Africa is becoming one of the most important regions in the global energy industry as geopolitical tensions and supply …

  • In the NewsMarketsOil & Gas

    Shell Profits Surge to $6.92bn as Iran War Disrupts Global Oil Market

    by Oluwatosin Racheal Alabi May 7, 2026
    by Oluwatosin Racheal Alabi May 7, 2026

    KEY POINTS Shell has reported a strong financial performance, posting adjusted profits of $6.92 billion for the first quarter of 2026, marking its highest quarterly profit in two years. The …

  • In the NewsOil & Gas

    Group Criticises NNPC Over Chinese Refinery Deal, Demands Audit of Past Spending

    by Oluwatosin Racheal Alabi May 7, 2026
    by Oluwatosin Racheal Alabi May 7, 2026

    KEY POINTS A coalition of oil sector reform advocates, the Centre for Energy Sector Transparency, has criticised the latest agreement between the Nigerian National Petroleum Company Limited, NNPC Ltd, and …

  • In the NewsMarketsOil & Gas

    Nigeria Supplies Less Than Half of Crude Allocations to Local Refineries

    by Oluwatosin Racheal Alabi May 6, 2026
    by Oluwatosin Racheal Alabi May 6, 2026

    KEY POINTS Nigeria’s crude oil producers delivered less than half of the volumes allocated to domestic refineries in the first quarter of 2026, raising concerns about the country’s refining ambitions. …

  • In the News

    TotalEnergies Begins Construction of $300 Million Solar Project in the Philippines

    by Oluwatosin Racheal Alabi May 6, 2026
    by Oluwatosin Racheal Alabi May 6, 2026

    KEY POINTS TotalEnergies has officially started construction on a $300 million solar power project in the Philippines, marking another major expansion of its renewable energy portfolio. The project is being …

  • In the NewsOil & Gas

    Refinery Restart May Lower Petrol Prices — Marketers

    by Oluwatosin Racheal Alabi May 6, 2026
    by Oluwatosin Racheal Alabi May 6, 2026

    KEY POINTS Petroleum marketers in Nigeria have hinted that petrol prices may drop soon, following fresh efforts by the Nigerian National Petroleum Company Limited, NNPCL, to restart key local refineries. …

  • Energy TransitionIn the News

    NNPC Signs Chinese Deal to Revive Port Harcourt

    by Oluwatosin Racheal Alabi May 5, 2026
    by Oluwatosin Racheal Alabi May 5, 2026

    KEY POINTS The Nigerian National Petroleum Company Limited, NNPC, has entered into a new agreement with two Chinese firms in a renewed effort to revive Nigeria’s long-dormant refining assets in …

  • In the News

    Otedola Denies Funding Dangote Refinery, says Claims are False and Misleading

    by Oluwatosin Racheal Alabi May 5, 2026
    by Oluwatosin Racheal Alabi May 5, 2026

    KEY POINTS Nigerian billionaire businessman, Femi Otedola, has denied reports claiming he funded the Dangote Petroleum Refinery, describing the claims as false and misleading. In a post on X (formerly …

  • In the News

    Seplat Energy Targets Production Surge as Yoho Platform Restart Nears Second Quarter

    by Oluwatosin Racheal Alabi May 5, 2026
    by Oluwatosin Racheal Alabi May 5, 2026

    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. …

  • In the NewsOil & Gas

    Egypt Increases Gas Prices for Industries Amid Rising Energy Costs

    by Oluwatosin Racheal Alabi May 4, 2026
    by Oluwatosin Racheal Alabi May 4, 2026

    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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Nigeria’s Oil Boom: Record Production in September 2023

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Union Pacific turned Iran war fuel surcharges into profit
Chevron Discovers Oil and Gas Offshore Angola, Targets Faster...
Oil Prices Rise as US-Iran Peace Hopes Fade, Hormuz...

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© 2025 Energy News Africa Plus. All Rights Reserved.