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  • Energy TransitionIn the News

    Power Relief for Industry: Eskom Cuts Electricity Price by 29% to Save Jobs

    by Oluwatosin Racheal Alabi March 1, 2026
    by Oluwatosin Racheal Alabi March 1, 2026

    KEY POINTS South Africa’s power utility, Eskom, has announced a major electricity price cut of about 29% for two struggling ferrochrome producers. The decision is aimed at helping the companies …

  • Energy TransitionIn the NewsOil & Gas

    Power Outages Worsen as Gas Shortage Cuts Nigeria’s Electricity Supply

    by Ikeoluwa Juliana Ogungbangbe February 28, 2026
    by Ikeoluwa Juliana Ogungbangbe February 28, 2026

    KEY POINTS Nigeria is once again battling widespread power outages, leaving homes, offices, and businesses struggling with unreliable electricity. The situation, according to the Nigerian Independent System Operator, NISO, is …

  • In the NewsOil & Gas

    Petrol Prices Fall Again to ₦1,034 Per Litre in Nigeria

    by Ikeoluwa Juliana Ogungbangbe February 28, 2026
    by Ikeoluwa Juliana Ogungbangbe February 28, 2026

    KEY POINTS The cost of petrol across Nigeria eased again in January 2026, offering motorists a bit of breathing space after months of high fuel expenses. Fresh figures released by …

  • In the NewsMarketsOil & Gas

    Seplat Posts Record $2.7bn Revenue as Production Surges on Offshore Expansion

    by Oluwatosin Racheal Alabi February 27, 2026
    by Oluwatosin Racheal Alabi February 27, 2026

    KEY POINTS Seplat Energy Plc has reported a major financial leap in its full-year 2025 audited results, with revenue rising by 144.2 percent to 2.726 billion dollars, compared with 1.116 …

  • In the NewsOil & Gas

    FG Launches National Gas Infrastructure Command Centre to Boost Transparency and Gas Production

    by Oluwatosin Racheal Alabi February 27, 2026
    by Oluwatosin Racheal Alabi February 27, 2026

    KEY POINTS The federal government has inaugurated a steering committee and a joint technical working group to oversee the establishment of the National Gas Infrastructure Command Centre, NGCC,in Abuja. The …

  • In the News

    NNPCL’s Stake in Dangote Refinery Defended as Strategic for National Interest

    by Oluwatosin Racheal Alabi February 27, 2026
    by Oluwatosin Racheal Alabi February 27, 2026

    KEY POINTS The deputy spokesperson of the House of Representatives, Philip Agbese, has defended the Nigerian National Petroleum Company Limited’s, NNPCL, 7.25 percent equity in the Dangote Refinery. He described …

  • In the NewsMarketsOil & Gas

    Nigerian Crude Holds Above Budget Benchmark Despite Market Tensions

    by Ikeoluwa Juliana Ogungbangbe February 27, 2026
    by Ikeoluwa Juliana Ogungbangbe February 27, 2026

    KEY POINTS Nigeria’s flagship crude grade, Bonny Light, is trading around $71 per barrel, slightly down from about $72.30 earlier in the week. Despite the dip, the price remains comfortably …

  • Energy TransitionIn the News

    Ikeja Electric Warns Traders to Leave Power Line Zones or Face Demolition

    by Ikeoluwa Juliana Ogungbangbe February 27, 2026
    by Ikeoluwa Juliana Ogungbangbe February 27, 2026

    KEY POINTS Ikeja Electric Plc has issued a public warning to traders, artisans, and shop owners operating beneath high-voltage electricity lines across Lagos, urging them to vacate immediately or risk …

  • Energy TransitionIn the News

    AEDC Plans Power Deal with NNPC to Boost Electricity Supply in Abuja

    by Ikeoluwa Juliana Ogungbangbe February 27, 2026
    by Ikeoluwa Juliana Ogungbangbe February 27, 2026

    KEY POINTS Abuja Electricity Distribution Company, AEDC, has announced plans to sign a bilateral electricity agreement with NNPC Limited to improve power delivery across Abuja. The proposed deal would allow …

  • Energy TransitionIn the News

    South Africa Says Power Crisis Easing as Eskom Stabilises Grid

    by Ikeoluwa Juliana Ogungbangbe February 27, 2026
    by Ikeoluwa Juliana Ogungbangbe February 27, 2026

    KEY POINTS Eskom has stabilised South Africa’s electricity system to levels not seen in five years, according to the Department of Electricity, which says the country is no longer in …

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Editors' Picks

Nigeria’s Oil Boom: Record Production in September 2023

Electricity Theft Costs Eskom R6 Billion Annually in KwaZulu-Natal
NERSA Approves Eskom Tariff Hikes of 8.76% for Direct Customers

Latest Stories

Electricity Theft Costs Eskom R6 Billion Annually in KwaZulu-Natal
NERSA Approves Eskom Tariff Hikes of 8.76% for Direct...
Oil Hits $100 per Barrel as Iran War Sparks...

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