Defining the African Energy Narrative.
As Nigeria’s domestic refining capacity expands, reliance on imported petrol is rising again. According to fresh data from the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), average daily domestic petrol supply fell sharply to 25.8 million litres in July 2026, down from 32.5 million litres in June, a decline of about 21 percent. At […]
Without formal government commitments, Morocco appears reluctant to allocate land and other resources required for the project.
The renewed military confrontation between the United States and Iran has once again placed the Strait of Hormuz at the centre of global energy security concerns. Following a fresh wave of retaliatory strikes by Iran against US military assets and commercial shipping, Washington has reinstated its naval blockade targeting Iranian ports, marking a significant escalation […]
The Federal Competition and Consumer Protection Commission (FCCPC) has expressed concern over the slow pace of reductions in petrol prices despite the recent decline in global crude oil prices, warning that it will sanction operators found to be exploiting consumers. In a statement issued on Sunday, the commission said its ongoing surveillance of Nigeria’s downstream […]
Nigeria generated an estimated N20.22 trillion from crude oil exports between January and May 2026, representing a 29.5 per cent increase over the corresponding period of 2025, despite exporting fewer barrels during the period. An analysis of export data shows that the country earned approximately $14.66 billion from crude oil exports in the first five […]
The International Energy Agency‘s (IEA) projection that global clean energy investment will reach a record $2.2 trillion in 2026 marks another milestone in the world’s energy transition. The figure is nearly double the amount expected to flow into fossil fuels, indicating a profound shift in how governments, investors and corporations are allocating capital across the […]
By Aliyu Inuwa Mansir For years, traders and commuters along Murtala Muhammed Way in Kano metropolis have endured a persistent and offensive stench that hangs over the area daily, disrupting business activities and raising serious public health concerns. A SolaceBase investigation has uncovered that the pollution is not accidental but largely the result of industrial […]
The battle over the control of a marginal oil field in oil-rich Rivers State has left two indigenous companies, previously partners, locked in a legal fight that could impact investment in Nigeria’s oil and gas sector, especially in areas of partnerships. Eurafric Energy and Petralon 54 have been in court for more than five years […]
Minister of State for Petroleum Resources, Heineken Lokpobiri has said Nigeria emerged as the primary destination for major energy capital in Africa, securing four out of the seven largest Final Investment Decisions (FIDs) announced across the continent between 2024 and 2025. Mr Lokpobiri, who spoke at the Nigeria International Energy Summit in Abuja on Tuesday, […]
