Energy

South Africa’s electricity landscape may soon breathe easier after Johannesburg electricity distributor, City Power, and national utility Eskom finally reached an agreement over a long-standing billing and debt dispute worth …

Oilserv Limited, the contractor handling the construction of the 614-kilometre Ajaokuta-Kaduna-Kano (AKK) gas pipeline, has confirmed that it has successfully crossed the River Niger — one of the most difficult …

The United States’ surprise decision to bomb nuclear enrichment facilities in Iran over the weekend has dramatically escalated tensions in the Middle East, triggering global market turmoil and raising alarm …

Mali and Russia have signed a series of new agreements aimed at boosting mutual trade, strengthening economic cooperation, and expanding their strategic alliance, particularly in the areas of energy and …

Petrol pump prices rose sharply across the country on Monday, with filling stations operated by the Nigerian National Petroleum Company Limited (NNPCL) adjusting their rates to N945 per litre in …

The Government of Kenya has introduced a fresh set of rules to guide the development of its crude oil sector. These new regulations are expected to speed up the country’s …

The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has said that President Bola Tinubu’s economic reforms have brought in N6.9 trillion in government revenue from …

The Federal Government has signed a massive $1.5 billion (R27 billion) loan agreement with the World Bank to help address serious infrastructure problems that have slowed down Nigeria’s economic growth …

Construction of the East African Crude Oil Pipeline (EACOP) has now reached 62 percent completion, with officials confirming that the entire project will be ready by June 2026. This was …

Petrol prices in Nigeria could rise as high as N1,000 per litre in the coming weeks, as global crude oil markets respond to escalating geopolitical tensions in the Middle East, …