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KEY POINTS Oil prices edged lower after Iran signaled progress in nuclear talks with the United States, easing fears of military conflict. Analysts stress that short-term price swings rarely define …

KEY POINTS President Bola Tinubu has signed a new executive order directing that proceeds from Nigeria’s oil and gas operations be paid directly into the Federation Account, in a sweeping …

KEY POINTS Residents of Erunwen community in Ikorodu staged a protest at the headquarters of Ikeja Electric Distribution Company in Ikeja, demanding urgent action to address what they described as …

KEY POINTS Electricity traders in South Africa are urging the government to clearly spell out the final structure and role of Eskom Holdings SOC Ltd, saying this clarity is essential …

KEY POINTS The Dangote Group has signed a $400 million agreement with XCMG to acquire industrial machinery that will accelerate expansion of its refinery complex. The partnership will also cover …

KEY POINTS The Nigerian National Petroleum Company Limited, NNPC, has announced plans to raise domestic gas supply by an additional 1.8 billion cubic feet per day (bcf/d) in 2026 as …

KEY POINTS Petralon Energy has received strong endorsement from Shell Western Supply and Trading after successfully achieving first oil production at the Dawes Island Field. At a London event marking …

KEY POINTS Cooking gas prices across Nigeria are beginning to decline following a sharp rise in imports that has increased supply in local depots, according to new data released by …

KEY POINTS In a major boost for clean energy use in Africa’s mining industry, NOA Group and Sibanye-Stillwater have signed a long-term renewable electricity agreement that will supply approximately 401 …

KEY POINTS Brent oil prices held steady on Monday as traders weighed renewed diplomatic engagement between the United States and Iran against ongoing geopolitical tensions and fresh supply signals from …