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Naira-for-Crude Policy Gains Ground
Analysts hail naira-for-crude policy for stabilizing fuel prices and encouraging refinery investment.
Dangote Slashes Petrol Prices Again, But Stations Delay Adjustments
Dangote Refinery cuts petrol prices again, challenging filling stations to follow suit as Nigeria enters a deregulated fuel market.
Dangote Refinery Cuts Petrol Prices Across Nigeria Twice in One Week, Reshaping Nigeria’s Fuel Market
Dangote Refinery slashes petrol prices twice in one week, reshaping Nigeria's fuel market with local competition and consumer savings.
ReconAfrica Advances Prospect I Drilling in Namibia’s Damara Fold Belt
Reconnaissance Energy Africa has announced a drilling update on Prospect I, one of the company’s largest and most promising exploration targets within Petroleum Exploration Licence 073 (PEL 73) in northeastern Namibia. The update confirms that pre-construction and pre-drill evaluations are…
Botswana Parliament Approves Renewable Energy Loan
Botswana approves a USD 118 million renewable energy project with IBRD and GCF, aiming to achieve energy security and cost reduction.
Nigeria Approves Naira Crude Sales to Dangote Refinery to Ease Forex Pressure
Nigeria approves naira crude sales to Dangote refinery to ease forex pressure, aiming to reduce foreign currency demand by $7.32 billion annually.
South Africa Reintroduces Power Cuts as Winter Demand Surge
Eskom implements load reduction to protect transformers from overload as winter demand surges in South Africa.
NNPC Has Only 7.2% Stake in Dangote Refinery, Says Aliko Dangote
Aliko Dangote clarifies NNPC's role in the Dangote Refinery, disclosing their minimal 7.2% stake in the company.
Nigeria’s Mounting Gasoline Debt Threatens Fuel Supply Chain
Discover how Nigeria's escalating gasoline debt is causing disruptions in the fuel supply chain, raising concerns about the country's energy security.
Shell to Pause Dutch Biofuels Project as Market Sags
Shell will be halting its Dutch biofuels project as the demand for biofuels decreases. Learn more about the impact on the energy industry.