Sahara Power plans to lift generation capacity to 7,000 megawatts as reforms and debt repayment help stabilise Nigeria’s long-troubled electricity market
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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
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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
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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
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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
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Dana Gas received $50 million from Egypt, easing receivables and backing a drilling programme aimed at lifting gas output and cutting fuel imports
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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
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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 …
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KEY POINTS Reports that the Dangote Petroleum Refinery is closing down for maintenance have been denied by the company, which calls the claims false and says they could hurt the …
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KEY POINTS The Kano Electricity Distribution Company said on Monday that a fire at a key electricity substation damaged a power transformer, leaving parts of Katsina metropolis in the dark. …