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KEY POINTS The Nigerian Independent System Operator, NISO, has clarified that last Thursday’s power outage across parts of Nigeria’s Southeast was not the result of a national grid collapse but …

KEY POINTS Chevron Corp. has positioned itself as the leading contender to assume control of Iraq’s second-largest oil complex after signing preliminary agreements with Basra Oil Co. for exclusive negotiations …

KEY POINTS Electric mobility in Nigeria is gaining measurable traction, not from individual car buyers but from structured organisations running commercial fleets, according to Seun Oluwalade, chief executive of EV …

KEY POINTS A renewed phase of strategic cooperation has been initiated between NNPC Limited and Dangote Group following a high-level visit by NNPC’s Group Chief Executive Officer Bashir Bayo Ojulari …

KEY POINTS Spanish energy giant Repsol is accelerating plans to dramatically expand oil production in Venezuela following major geopolitical shifts that have reopened the country’s energy sector. Under the leadership …

KEY POINTS Aliko Dangote, president of Dangote Group, has announced that Nigerians will soon be able to buy shares in the Dangote Petroleum Refinery, revealing that the opportunity is expected …

KEY POINTS Despite attracting over $2 billion in private-sector funding within two years, Nigeria’s Federal Government is struggling to meet its 2025 nationwide Compressed Natural Gas, CNG, infrastructure goals. Findings …

KEY POINTS Investor confidence in local oil producers has received a notable lift following an endorsement from Shell Western Supply and Trading, which praised Petralon Energy for its operational performance …

KEY POINTS Ugwumba Uche Nwosu has praised President Bola Ahmed Tinubu for approving a new directive requiring the Nigerian National Petroleum Company Limited, NNPC, to remit its revenues directly into …

KEY POINTS The National Energy Regulator of South Africa, NERSA, has issued a multi-year electricity trading licence to BluEnergy Trading, a subsidiary of Blu Label Unlimited, enabling the company to …