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  • In the NewsMarketsOil & Gas

    Nigeria Targets $50bn Offshore Investment as 22 Oil Projects Set for Production by 2030

    by Ikeoluwa Juliana Ogungbangbe August 7, 2026
    by Ikeoluwa Juliana Ogungbangbe August 7, 2026

    KEY POINTS Nigeria is targeting up to $50 billion in Offshore Investment by 2030 as the country seeks to revive its oil and gas industry, attract fresh capital and significantly …

  • Energy TransitionIn the News

    Eskom Warns Grid Reform Could Weaken Finances, Unsettle Lenders

    by Ikeoluwa Juliana Ogungbangbe August 7, 2026
    by Ikeoluwa Juliana Ogungbangbe August 7, 2026

    KEY POINTS Eskom has warned that South Africa’s ongoing Grid Reform could weaken the state-owned power utility’s finances and unsettle lenders if the government transfers its transmission assets to a …

  • In the NewsOil & Gas

    NMDPRA Moves to Ban Fuel Price-Fixing, Artificial Scarcity in Nigeria

    by Ikeoluwa Juliana Ogungbangbe August 7, 2026
    by Ikeoluwa Juliana Ogungbangbe August 7, 2026

    KEY POINTS The Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, has proposed sweeping new regulations aimed at strengthening Fuel Competition and preventing petroleum companies from manipulating prices, restricting supply …

  • In the NewsOil & Gas

    Oil Prices Rise as Uncertainty Over Hormuz Strait Reopening Deepens

    by Ikeoluwa Juliana Ogungbangbe August 7, 2026
    by Ikeoluwa Juliana Ogungbangbe August 7, 2026

    KEY POINTS Global oil prices climbed on Friday as uncertainty over plans to reopen the Hormuz Strait intensified, with concerns growing that any reopening could involve restrictions, fees and conditions …

  • In the NewsMarketsOil & Gas

    Dangote Refinery Cuts Petrol Price to N1,165, Diesel to N1,570

    by Ikeoluwa Juliana Ogungbangbe August 6, 2026
    by Ikeoluwa Juliana Ogungbangbe August 6, 2026

    KEY POINTS The Dangote Petroleum Refinery has announced fresh reductions in the ex-depot prices of Premium Motor Spirit (PMS), popularly known as petrol, and Automotive Gas Oil (diesel), in a …

  • GovernmentIn the NewsOil & Gas

    Sonangol’s Katambi-2 Well Confirms High-Quality Reservoirs, Boosts Angola’s Gas Prospects

    by Ikeoluwa Juliana Ogungbangbe August 6, 2026
    by Ikeoluwa Juliana Ogungbangbe August 6, 2026

    KEY POINTS Angola’s state-owned oil company, Sonangol, and the country’s oil and gas regulator have announced promising results from the Katambi-2 offshore appraisal well, with initial testing confirming productive reservoirs …

  • Energy TransitionIn the NewsOil & Gas

    Johann Rupert’s Remgro Backs Electricity Trading Platform Challenging Eskom’s 103-year Monopoly

    by Ikeoluwa Juliana Ogungbangbe August 6, 2026
    by Ikeoluwa Juliana Ogungbangbe August 6, 2026

    KEY POINTS Investment Group belonging to Johann Rupert, Remgro, is positioning itself to play a significant role in South Africa’s emerging competitive electricity market through the Energy Exchange of Southern …

  • In the NewsOil & Gas

    Uganda Targets February 2027 Investment Decision for $4bn Oil Refinery

    by Ikeoluwa Juliana Ogungbangbe August 6, 2026
    by Ikeoluwa Juliana Ogungbangbe August 6, 2026

    KEY POINTS Uganda is targeting February 2027 for a final investment decision (FID) on its long-delayed $4 billion crude oil refinery, a development that could mark a major step towards …

  • In the News

    Liberia To Host First International Mining And Energy Conference In October

    by Ikeoluwa Juliana Ogungbangbe June 30, 2026
    by Ikeoluwa Juliana Ogungbangbe June 30, 2026

    Liberia will host its first international mining and energy conference in October, courting more than 3 billion dollars in investment for its extractive sectors.

  • In the News

    Nigeria’s Lithium And Copper Reserves Could Power Clean Energy Future, Report Says

    by Ikeoluwa Juliana Ogungbangbe June 30, 2026
    by Ikeoluwa Juliana Ogungbangbe June 30, 2026

    KEY POINTS Nigeria could turn its mineral wealth into a clean energy advantage, a new report says. It names lithium, copper and bauxite as the country’s strategic assets. The Council …

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  • Eskom Goes 476 Days Without Load Shedding

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Nigeria’s Oil Boom: Record Production in September 2023

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