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  • Energy TransitionIn the NewsOil & Gas

    NOA Group, Sibanye-Stillwater Strike Major Renewable Power Deal Through Eskom Grid

    by Oluwatosin Racheal Alabi February 17, 2026
    by Oluwatosin Racheal Alabi February 17, 2026

    KEY POINTS In a major boost for clean energy use in Africa’s mining industry, NOA Group and Sibanye-Stillwater have signed a long-term renewable electricity agreement that will supply approximately 401 …

  • In the NewsMarketsOil & Gas

    Brent Crude Trades $67.78, $3 Above Nigeria’s 2026 Budget Benchmark

    by Oluwatosin Racheal Alabi February 17, 2026
    by Oluwatosin Racheal Alabi February 17, 2026

    KEY POINTS Brent oil prices held steady on Monday as traders weighed renewed diplomatic engagement between the United States and Iran against ongoing geopolitical tensions and fresh supply signals from …

  • In the NewsOil & Gas

    Chevron-Led Consortium Signs Major Gas Exploration Deal Off Greece

    by Oluwatosin Racheal Alabi February 17, 2026
    by Oluwatosin Racheal Alabi February 17, 2026

    KEY POINTS A consortium led by Chevron has signed exclusive lease agreements with Greece to explore natural gas reserves in deep-sea blocks off the country’s southern coast, marking a significant …

  • Energy TransitionIn the News

    Ramaphosa Rejects Eskom Breakup Change, Confirms Independent Power Grid Plan

    by Oluwatosin Racheal Alabi February 16, 2026
    by Oluwatosin Racheal Alabi February 16, 2026

    KEY POINTS South African President Cyril Ramaphosa has reaffirmed that the government remains committed to creating an independent electricity transmission company, pushing back against claims that authorities intend to dilute …

  • In the News

    Six Lagos Residents Arraigned Over Alleged Electricity Theft in Ajah

    by Oluwatosin Racheal Alabi February 16, 2026
    by Oluwatosin Racheal Alabi February 16, 2026

    KEY POINTS The Eko Electricity Distribution Company, EKEDC, has arraigned six residents of Lagos for alleged electricity theft and conspiracy following their arrest during a raid carried out on February …

  • In the NewsOil & Gas

    ExxonMobil Launches Third Plastic Recycling Unit at Baytown Refinery to Boost Global Sustainability Push

    by Oluwatosin Racheal Alabi February 16, 2026
    by Oluwatosin Racheal Alabi February 16, 2026

    KEY POINTS ExxonMobil has commissioned a third advanced plastics-recycling unit at its Baytown refinery complex, marking a major expansion of its waste-processing capabilities. The new unit increases the site’s ability …

  • In the News

    Otedola Hails Dangote Refinery Expansion, Calls Project “Eighth Wonder of the World”

    by Oluwatosin Racheal Alabi February 16, 2026
    by Oluwatosin Racheal Alabi February 16, 2026

    KEY POINTS Nigerian billionaire businessman Femi Otedola has praised industrialist Aliko Dangote following a visit to the Dangote Refinery, describing the facility as the “eighth wonder of the world.” In …

  • In the News

    Dangote Refinery Boosts Petrol Supply to 40.1m Litres Daily in January

    by Oluwatosin Racheal Alabi February 15, 2026
    by Oluwatosin Racheal Alabi February 15, 2026

    KEY POINTS The Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, has reported that the Dangote Petroleum Refinery increased its domestic supply of Premium Motor Spirit (PMS) to 40.1 million …

  • In the News

    Nigeria Eyes Global Electric-Vehicle Market as Mineral Wealth and Policy Shift Boost Prospects

    by Oluwatosin Racheal Alabi February 15, 2026
    by Oluwatosin Racheal Alabi February 15, 2026

    KEY POINTS Nigeria’s large deposits of rare-earth minerals such as monazite and neodymium, alongside expanding lithium exploration and early electric-vehicle assembly efforts, are strengthening expectations that the country could become …

  • In the News

    Nigeria’s oil output climbs to 1.459 million bpd but still misses OPEC target

    by Oluwatosin Racheal Alabi February 13, 2026
    by Oluwatosin Racheal Alabi February 13, 2026

    KEY POINTS Nigeria’s crude oil production rose to 1.459 million barrels per day in January 2026, according to the latest Monthly Oil Market Report released by the Organization of the …

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Nigeria’s Oil Boom: Record Production in September 2023

Chevron Buys More Stake in Namibia’s Orange Basin for $11 Million
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Chevron Buys More Stake in Namibia’s Orange Basin for...
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