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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 …

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. …

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

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

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

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 …

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 …

KEY POINTS Seplat Energy Plc hit an all-time high on the Nigerian Exchange (NGX) after gaining more than 15% in January 2026. This happened after one of its founding investors …

KEY POINTS The Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, has asked private investors to put between $30 billion and $50 billion into Nigeria’s midstream petroleum sector. They say …

KEY POINTS Eskom says South Africa has entered 2026 with its most stable and resilient power system in at least five years, a development that is helping sustain economic activity …