November 11, 2026
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Author name: Eyo Nsima

Processing units and pipework at Dangote Refinery in Lagos

Dangote Refinery, Fertiliser Expansion to Employ Over 90,000 in Lagos

Leave a Comment / Dangote, Oil & Gas /

…plans 20 fertiliser blending plants to drive Africa’s agricultural revolution President/Chief Executive, Dangote Industries Limited, Aliko Dangote, has said over 90,000 people are expected to be working at the group’s petroleum refinery & petrochemicals and fertiliser operations in Lagos next year, as the group accelerates investments to create jobs, strengthen industrial production and transform agriculture

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Hydropower dam illustrating Africa’s energy security and regional electricity supply

Africa Wants Greater Energy Integration. What Happens When Supply Runs Short?

Leave a Comment / Opinion, Oil & Gas, Power /

By Sola Adebawo The launch of the African Energy Security Policy Framework in Addis Ababa on 3 November was an important moment. Developed by the African Union Commission, UNECA, AUDA-NEPAD and the African Energy Commission, it offers a common continental approach to strengthening the security of electricity, oil and gas, and bioenergy supplies. At its

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Offshore oil drilling rig at dusk illustrating Brent and WTI crude oil markets

Brent falls to $97, WTI drops to $90 as oil prices slide

Leave a Comment / Oil & Gas /

Global crude oil prices declined on Monday, with Brent crude futures falling to $97.12 per barrel and US West Texas Intermediate (WTI) dropping to $90.21 per barrel. Data obtained from Oilprice.com showed that Brent shed $1.20, representing a 1.22 per cent decline, while WTI lost $0.62, or 0.68 per cent. The downturn contrasted with the

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ReconAfrica CEO Brian Reinsborough with NJ Ayuk at African Energy Week

ReconAfrica advances oil exploration in Namibia, Angola, Gabon

Leave a Comment / Oil & Gas /

Canadian oil and gas exploration company, Reconnaissance Energy Africa (ReconAfrica), is intensifying efforts to unlock petroleum resources in Namibia, Angola and Gabon, with fresh drilling, seismic studies and appraisal activities across the three countries. The company’s immediate priority is Namibia, where it commenced horizontal drilling at its Kavango West 1X (KW1X) discovery well in October,

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Offshore oil drilling rig at dusk illustrating Brent and WTI crude oil markets

JVs to account for 51.6% of Nigeria’s 2026 oil production

Leave a Comment / Business, Oil & Gas /

PSCs contribute 32.1% as total output projected at 1.85m bpd Joint Ventures (JVs) are projected to account for 51.6 per cent of Nigeria’s oil production of 1.845 million barrels per day (bpd) in 2026, according to data from the Nigerian National Petroleum Company Limited (NNPC) and the Budget Office of the Federation (BOF). The detailed

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Afreximbank headquarters building

Afreximbank supports Veenocks’ US$145 million project for industrial expansion and regional growth

Leave a Comment / Business /

African Export-Import Bank (Afreximbank) has supported the development and expansion of Veenocks Limited’s porcelain tile manufacturing plant in Sagamu, Ogun State, Nigeria, through its Project Preparation Facility (PPF) and a US$81.9 million senior term loan. The project has a total estimated cost of US$145 million. Afreximbank and Veenocks signed a US$2 million project preparation facility

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NCDMB logo

NCDMB: Nigeria attracts $10bn oil, gas investments in three years

Leave a Comment / Oil & Gas /

Board credits Tinubu’s reforms, local content initiatives for major project approvals The Nigerian Content Development and Monitoring Board (NCDMB) has disclosed that Nigeria attracted more than $10 billion in international oil and gas investments and projects within the past three years, attributing the development to policy reforms and strategic incentives introduced by the Federal Government.

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Oil tanker at port

IEA, IEF, OPEC seek solutions to rising maritime energy costs

Leave a Comment / Maritime /

Global energy bodies warn of shipping, insurance costs threatening market stability The International Energy Agency (IEA), International Energy Forum (IEF) and Organisation of the Petroleum Exporting Countries (OPEC) have convened industry stakeholders and experts to explore solutions to rising shipping and insurance costs threatening global energy security and market stability. The organisations disclosed this in

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Aliko Dangote at an industrial facility

Dangote Eyes Egypt for Next Phase of African Industrial Expansion

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Egyptian Minister Leads High-Powered Delegation to Dangote, Explores Multi-Sector Investment Opportunities Dangote Group is exploring opportunities to expand its industrial investments into Egypt, a move that could mark a significant milestone in its pan-African growth strategy and deepen economic ties between Africa’s two largest economies. The development follows a visit by a high-level Egyptian delegation

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Children holding bowls as they wait for food assistance

164M Africans face hunger as Nigeria tops food insecurity chart

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Nearly 164 million people across Africa are facing acute food insecurity, with persistent conflicts, rising food prices, economic shocks and adverse weather conditions worsening the continent’s food crisis. The Africa Center for Strategic Studies disclosed this in a report released on November 4, 2026, warning that the number of Africans experiencing crisis-level hunger has remained

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