Oil Prices Rise as Hormuz Attack Raises Supply Concerns

Oil prices are heading for a fourth consecutive monthly gain as tensions between the United States…

FG Pays N1.2tn Power Debt, Plans 19,000MW Transmission Capacity

The Federal Government has paid N1.2 trillion of its N2.3 trillion power sector debt and plans…

Botswana Turns to Dangote to Diversify Fuel Imports

Botswana is engaging Dangote Refinery, Angola and Côte d’Ivoire to diversify fuel imports and reduce supply…

Rising Energy Prices Add to Cost-of-Living Protests Across Europe

Euro area inflation rose to 3.8 per cent in September 2026, as energy prices increased 18.8…

Tanzania Discovers 223 Billion Cubic Feet of Natural Gas at Mnazi Bay

Tanzania has discovered an estimated 223 billion cubic feet of natural gas at Mnazi Bay, its…

FCCPC Threatens Sanctions Against DisCos Over Billing Violations

The FCCPC has threatened enforcement action against DisCos over estimated billing, illegal disconnections and unresolved electricity…

Zambia Creates Petroleum Ministry, Prioritises Regional Oil Pipelines

Zambia has appointed Makozo Chikote to lead its newly created petroleum ministry, with plans to develop…

FG Advances $100m South-East Gas Pipeline, Targets First Gas in 2028

The Federal Government has advanced a $100 million, 400-kilometre gas pipeline project connecting five South-East states,…

US Petrol Prices Under Trump Edge Above Biden-Era Average as Midterms Loom

Average US petrol prices under Donald Trump have edged above Joe Biden’s presidential average, while diesel…