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The mega Dangote refinery continues to expand its market share in Nigeria, supplying the bulk of domestic petrol for three consecutive months from January to March this year.
The Airline Operators of Nigeria (AON) has warned that domestic flight operations may be suspended from April 20, 2026, following what it described as an “astronomical and unsustainable” increase in the price of Jet A1 fuel.
Trafigura has signed a $1 billion oil-backed financing agreement with Gabon, providing the government with upfront cash in exchange for future crude deliveries over a seven-year period.
Vivo Energy, a subsidiary of global commodities trader Vitol, is set to invest approximately $130 million to expand its fuel storage capacity in Durban, a key port city on South Africa’s east coast.
The European Bank for Reconstruction and Development (EBRD) has approved a $65 million construction bridging loan to HAU Energy to support a new solar and battery storage project in Egypt.
Nigeria’s long-delayed $2.8 billion Ajaokuta, Kaduna, Kano (AKK) pipeline is set to deliver its first gas to Abuja, the nation’s capital, in July, according to officials familiar with the project timeline.
Zambia has announced that crude oil for a proposed refinery scheduled for completion before 2028 will initially be transported by road, according to the country’s Ministry of Energy.
Nigeria and Morocco are targeting the signing of an intergovernmental agreement (IGA) this year for the long-planned $25 billion Nigeria–Morocco Gas Pipeline, according to Morocco’s hydrocarbons and mining agency.
The governments of Germany and South Africa have agreed on a new €200 million (($234 million) concessional loan to support South Africa’s energy transition, alongside expanded cooperation on critical minerals and green industrial projects.
British petroleum (BP) has agreed to acquire an operating interest in three offshore exploration blocks in Namibia, marking a strategic expansion of its upstream portfolio
Nigeria government has reduced electricity sector debt claims from 4.7 trillion ($3.43 million) to N3.3 trillion ($2.41 million) following a verification exercise, as part of efforts to address issues in the country’s power market.
Nigeria’s electricity output has rebounded to 4,300MW, marking a recovery after weeks of prolonged outages that strained power supply across the country.
French oil major, TotalEnergies, has announced a fresh hydrocarbon discovery offshore the Republic of the Congo, reinforcing its footprint in Africa’s oil and gas sector.
Nigeria-based mega Dangote Refinery is planning to list on multiple exchanges across Africa as it nears the debut of its initial public offering (IPO).
The Ghana government has announced plans to reduce fuel taxes and levies in a bid to cushion citizens from rising pump prices triggered by the ongoing conflict in the Middle East.
The World Bank has advised the Nigerian government to grant petrol import licences as part of measures to strengthen competition in the downstream petroleum sector.
Oando has announced plans to raise up to $750 million for an extensive drilling campaign aimed at increasing its oil production, as shifting global dynamics reshape investor interest in West Africa’s energy sector.
Eskom and Coega Development Corporation have signed a Memorandum of Understanding (MoU) to coordinate South Africa’s Nuclear New Build Programme (NNBP), covering infrastructure development
Angola has re-entered the international debt market to capitalise on rising crude oil prices triggered by the ongoing conflict in the Middle East, signalling renewed confidence in the country’s fiscal outlook.
South Africa has commissioned the 148-megawatt (MW) Bolobedu Solar Plant in Limpopo province, adding new capacity to the national electricity grid, the government has announced.
