KEY POINTS Italian oilfield services giant Saipem has secured a string of new contracts and extensions from energy company Eni, valued at approximately $135 million, reinforcing its position as one …
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KEY POINTS The Nigerian National Petroleum Company, NNPCL, has posted a total revenue of N4.27 trillion and a profit after tax of N216 billion for September 2025, underscoring a steady …
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In the NewsOil & Gas
Nigeria Poised for Oil Output Revival as Renaissance Capital Sees 2 Million Barrels a Day by 2026
KEY POINTS Renaissance Capital has projected that Nigeria could reclaim its long-lost oil production strength, hitting over two million barrels per day (bpd) by 2026 if the government sustains its …
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Energy TransitionIn the News
Eskom Eases Solar Rules to Cut Costs and Encourage Clean Energy Adoption
KEY POINTS South Africa’s state power utility, Eskom, has announced new measures to simplify and reduce the cost of connecting household and small business solar systems to the national grid, …
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KEY POINTS Governor Umar Namadi of Jigawa State has joined other Northwest leaders at a high-level electricity symposium in Morocco, a move aimed at deepening regional energy cooperation and accelerating …
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Energy TransitionIn the News
South Africa Elevates Clean Cooking to G20 Spotlight in Push for Africa’s Energy Justice
KEY POINTS South Africa has placed clean cooking squarely on the global energy agenda during its G20 Presidency, marking what officials describe as a significant step towards improving the lives …
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KEY POINTS Egypt has raised prices across a broad range of petroleum products, its second increase this year, as the government continues efforts to rein in subsidies and narrow a …
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In the NewsOil & Gas
CNPC Keeps Niger Oil Exports Flowing Amid Tensions Over Local Hiring and Pay Disputes
KEY POINTS China’s state-run oil company CNPC has quietly maintained crude exports from Niger’s Agadem oilfield even as negotiations drag on with the country’s military-led government over demands for greater …
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In the NewsOil & Gas
Chevron Reaffirms Commitment to Nigeria’s Gas Push as NNPC Officials Tour Escravos
KEY POINTS Chevron Nigeria Limited has restated its commitment to supporting the Federal Government’s Decade of Gas initiative, underscoring its role as a long-standing partner in Nigeria’s energy transformation drive. …
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Energy TransitionIn the News
Nigeria Approves N28 Billion Meter Fund to Tackle Electricity Billing Crisis
KEY POINTS Nigeria’s Federal Government has approved the release of N28 billion for electricity distribution companies (DisCos) to procure and install prepaid meters across the country, in a renewed effort …