UK-NIGERIA PARTNERSHIP TO TRANSFORM GAS SECTOR REGULATORY FRAMEWORK
Nigeria has formed a strategic partnership with the United Kingdom’s Office of Gas and Electricity Markets (Ofgem) to strengthen its…
60 MILLION BARRELS OF NIGERIAN CRUDE STRANDED AT SEA WHILE LOCAL REFINERIES STRUGGLE
More than 60 million barrels of Nigerian crude oil are reportedly floating unsold in international waters while domestic refineries face…
AFRICA’S LARGEST WIND FARM BEGINS COMMERCIAL OPERATIONS IN EGYPT
Orascom Construction has announced the start of commercial operations for 500 MW of generation capacity at Egypt’s Ras Ghareb Wind…
ESKOM LAUNCHES BID TO CREATE STANDALONE RENEWABLES SUBSIDIARY
South Africa’s power utility Eskom has launched a public Invitation to Tender seeking partners to establish an independent renewable energy…
NAMIBIA CONFIRMS 2030 GOAL FOR FIRST OIL PRODUCTION
Namibia’s Petroleum Commissioner Maggy Shino has reaffirmed the country’s commitment to producing its first oil by 2030. Speaking at the…
NIGERIA GRANTS 83 REFINERY LICENSES AS DOMESTIC PRODUCTION SURGES
In a stunning development for Nigeria’s energy sector, the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has issued 83…
INDIA’S DRAMATIC PIVOT TO AFRICA AS ENERGY STRATEGY SHIFTS
In a major strategic shift, India is rapidly expanding its energy footprint across Africa as Russian crude imports hit a…
CANADIAN TECH FIRM SIGNS LANDMARK DEAL TO CREATE DIGITAL TWIN FOR TRIDENT ENERGY’S SUBSEA OPERATIONS
Trident Energy has just inked a groundbreaking SaaS license agreement with Canadian technology company Enaimco to develop a digital twin…
Nigeria’s Gas Production Surges 15.6% in March, Bolstering Energy Outlook
Nigeria’s gas output increased by 15.6 percent month-on-month to 227,931.65 million standard cubic feet in March 2025, according to data…
Nigeria’s Gas Flaring Losses Surge 16% in Q1, Costing Economy Billions
Despite government efforts to curb the practice, Nigeria lost 9,900 gigawatts per hour of potential power generation due to gas…
Turkey Eyes Libya’s Oil Revival Amid Fragile Peace
Libya has become a key focus of Turkey’s expanding energy strategy as Ankara seeks to boost its regional influence and…
Nigeria Poised to Become Net Petrol Exporter Within Two Years, PETROAN Predicts
The Petroleum Products Retail Outlets Owners Association of Nigeria has projected that Nigeria will transition into a net petroleum exporter…
NLNG Partners with BOI to Launch Innovative MSME Loan Scheme
Nigeria LNG Limited and the Bank of Industry have unveiled an expanded financing scheme for micro, small, and medium enterprises…
IOCs Under Fire as 60 Million Barrels of Nigerian Crude Float Unsold While Refineries Starve
International Oil Companies operating in Nigeria are bypassing direct crude oil supply to local refineries despite an estimated 60 million…
Revolutionary All-Electric FPSO Takes Shape for Angola’s Frontier Oil Basin
A groundbreaking project to convert a very large crude carrier into an all-electric floating production, storage, and offloading unit has…
BW Energy Strikes Major Oil Discovery Off Gabon Coast
BW Energy has confirmed a substantial oil discovery at its Bourdon prospect in the Dussafu License offshore Gabon. The company’s…
NAMIBIA AT CROSSROADS: LEADERSHIP VACUUM THREATENS PROMISING OIL FUTURE
As TotalEnergies advances plans to develop the offshore Venus Field 320km from Lüderitz, Namibia faces a critical leadership crisis that…
FILLING STATIONS GO DARK FOLLOWING DANGOTE’S SURPRISE PRICE CUT
Multiple filling stations across Nigeria have temporarily shuttered operations for five days following Dangote Refinery’s unexpected fuel price reduction to…
UGANDA’S FUEL MARKET TRANSFORMATION: HOW UNOC DELIVERED PRICE STABILITY AND PROFITS
The Uganda National Oil Company’s takeover of petroleum product imports has delivered remarkable results for consumers and the economy since…
ECONOMIC CRISIS DEEPENS AS LIBYAN DINAR HITS RECORD LOWS AMID OIL DISRUPTIONS
Libya’s currency has plummeted to unprecedented levels following a 13.3% official devaluation on April 6, with the black market rate…