Esso Exploration and Production Nigeria (Offshore East) Limited starts Usan Infill Project Esso Exploration and Production Nigeria (Offshore East) Limited (EEPN(OE)L), an affiliate of ExxonMobil, has commenced on-block activities for the Usan Infill Project in Oil Mining Lease (OML) 138, marking continued progress in developing Nigeria’s deepwater resources. The Usan Infill Project is part […]
Africa’s Oil Exploration Slows as Active Rig Count Drops 15% in Two Years By Godwin Paul Oil exploration activity across Africa continued to weaken in 2025 as the continent’s active drilling rig count fell to its lowest level in recent years, highlighting persistent challenges in attracting upstream investments despite stronger crude oil prices. Latest global
Africa’s Oil Exploration Slows as Active Rig Count Drops 15% in Two Years Read More »
Dangote Refinery Boosts Nigeria’s Global Standing as Major Refining Hubs Raise Utilisation By Godwin Paul The Dangote Petroleum Refinery is strengthening Nigeria’s position in the global refining industry as major refining centres in the United States, Europe and Asia continue to ramp up operations to meet growing demand for petroleum products. Latest refinery operations data
Dangote Cement GMD Champions Net-Zero Cement Production at Global CEO’s summit …says Africa Must Balance Cement Growth with Climate Goals The Group Managing Director of Dangote Cement Plc, Arvind Pathak, has declared that Africa is well-positioned to lead the next phase of sustainable industrial growth by accelerating decarbonization while expanding cement production to meet
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All On Investments Deliver Reliable Electricity to Over One Million Nigerians, Impact Report Shows By Eyo Nsima Clean energy impact investment company, All On, has revealed that its investments in Nigeria’s off-grid electricity market have improved access to reliable power for more than one million people, while significantly reducing household energy costs, stimulating economic activities
IEA Launches Global Household Energy Expenditure Database to Support Energy Affordability Policies By Eyo Nsima The International Energy Agency (IEA) has launched the first edition of its Household Energy Expenditure Database, a new global resource designed to help governments, researchers and policymakers better understand how households spend on energy and develop more effective policies to
African Energy Chamber Backs UTM FLNG as 15-Year NNPC Ltd./Seplat Gas Deal Paves Way for FID By Eyo Nsima The African Energy Chamber (AEC) has endorsed Nigeria’s UTM Offshore following the signing of a 15-year gas supply agreement between the NNPC Ltd./Seplat Energy Producing Nigeria Unlimited (SEPNU) Joint Venture and UTM FLNG Ltd., describing
Africa’s Grid Constraints Come Into Focus as Regional Markets Push Toward Integration Africa’s electricity demand is projected to nearly double to 2,291 TWh by 2050, requiring an estimated $30 billion in transmission and grid infrastructure investment to unlock and integrate new generation capacity. Yet, across the continent, grid systems are struggling to keep pace
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AMMON denies delaying World Bank metering programme, defends legal action The Association of Meter Manufacturers of Nigeria (AMMON) has dismissed reports linking it to delays in the implementation of the World Bank-supported Distribution Sector Recovery Programme (DISREP), insisting that its legal action is aimed at ensuring due process and greater local participation rather than
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COUNTDOWN: 131 Days After U.S.-Iran War, Geopolitical Risks Keep Brent Crude Near $80 By Team Countdown One hundred and thirty-one days after the U.S.-Iran military confrontation shook global energy markets, crude oil prices remain elevated as traders continue to price geopolitical risks into the market despite the absence of any major disruption to global oil
COUNTDOWN: 131 Days After U.S.-Iran War, Geopolitical Risks Keep Brent Crude Near $80 Read More »
