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KEY POINTS TotalEnergies and Zebbra Energy, a small Nigerian company run by businessman Ambrosie Bryant Chukwueloka Orjiako, have come to an agreement about the long-running dispute over offshore oil block …

Venezuela and the US struck a deal to export up to $2 billion in crude, redirecting oil from China and easing pressure from sanctions and storage limits

Sahara Power plans to lift generation capacity to 7,000 megawatts as reforms and debt repayment help stabilise Nigeria’s long-troubled electricity market

Nigeria’s oil and gas sector improved activity levels in 2025, but weak crude output, higher gas flaring and supply disputes weighed on overall performance

Chevron and Quantum Energy Partners are preparing a joint bid for Lukoil’s overseas assets, testing how far sanctioned Russian energy deals can still go

Eni and Repsol are struggling to recover about $6 billion owed for gas supplied to Venezuela as U.S. sanctions and policy shifts limit repayment options

MRS Oil Nigeria is selling petrol sourced from Dangote’s refinery at sharp discounts, forcing NNPC and rivals to cut prices across Lagos and beyond

Dana Gas received $50 million from Egypt, easing receivables and backing a drilling programme aimed at lifting gas output and cutting fuel imports

Dangote Refinery says petrol prices could climb to N1,400 per litre without local refining, rejecting shutdown rumours and citing steady output and ample stock

KEY POINTS Rostam Aziz, a Tanzanian billionaire, runs the Taifa Group, an East African industrial and energy conglomerate. The company plans to invest more than $500 million in Zambia over …