Licensing Round Renaissance: How Africa’s New Acreage Push is Reshaping the Upstream Landscape Africa’s oil and gas industry is undergoing a quiet but significant transformation. After years of subdued exploration activity, regulatory uncertainty and declining investment, governments across the continent are reopening their doors to explorers through an unprecedented wave of licensing rounds aimed at…
Exclusive Interview: Renaissance Africa Energy CEO Tony Attah on Indigenous Leadership, Energy Security, and Nigeria’s Industrial Future Introduction Nigeria’s upstream sector is entering a defining phase as indigenous operators assume greater responsibility for sustaining production, expanding domestic gas supply, and attracting fresh investment following the divestment of international oil companies’ onshore assets. At the forefront…
Industry Event News: Acme Multitech Secures Global Business Leads, Strategic Partnerships at Canada Energy Show The Managing Director of Acme Multitech Services Limited, Jumoke Oyedun, has said the company’s participation at the 2026 Global Energy Show (GES) in Calgary, Canada, has yielded significant business opportunities, strategic partnerships and increased international visibility. Speaking after the event,…
Nigeria’s Midstream and Downstream Sectors Emerge as New Growth Frontier By: Ikenna Omeje Nigeria’s oil and gas industry is undergoing one of its most consequential transitions in decades, as reforms, local refining expansion, gas commercialisation, and rising indigenous participation reshape the country’s midstream and downstream petroleum landscape. For years, Africa’s largest crude oil producer operated…
Nigeria’s 215 TCF Gas Reserves Position It at Energy Ambitions …Indigenous Producers, Local Service Providers Strengthen Upstream Performance” Nigeria’s gas sector is entering a decisive phase of expansion, with proven reserves rising to 215.19 trillion cubic feet (tcf) as of January 1, 2026, according to the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). The latest figures…
Global War, Oil Shock and a Continental Awakening: Why Africa Must Seize Its Energy Sovereignty Moment The unfolding conflict involving the United States, Israel and Iran is not just another geopolitical flashpoint—it is a defining rupture in the global energy system, with far-reaching implications that stretch well beyond the Middle East. What began on February…
Powering Africa from Within: How ALCO Plans to Drive Local Content Across Borders With a vision that challenges the status quo, the African Local Content Organisation (ALCO) is emerging as a driving force for deeper industrial participation and cross-border collaboration across Africa’s resource-rich sectors. At the center of this push is Mr. Ibrahima Talla, ALCO’s…
Rural Nigerians Pay Up to ₦280 for Electricity – REA Highlights Mini-Grid Tariff Gaps The Rural Electrification Agency (REA) has revealed that while millions of rural Nigerians are now enjoying stable electricity supply through completed mini-grid projects, many are paying significantly higher tariffs than urban customers on the national grid. Speaking on The Morning Brief…
NNPCL Boss Raises Alarm on Global Syndicates Behind Crude Oil Theft in Africa The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Bayo Ojulari, has sounded the alarm over the growing involvement of sophisticated international and continental syndicates in crude oil theft across Africa. Speaking at the opening session of the…
Oil Prices Edge Higher on U.S. Demand Signals and Ukraine War Uncertainty Oil prices inched up on Thursday, supported by signs of strong U.S. demand and lingering uncertainty around efforts to end the war in Ukraine. Brent crude futures rose 11 cents, or 0.2%, to $66.95 a barrel by 13:35 GMT after hitting a two-week…