energy security

Africa's largest refinery and Nigeria's state oil company commit to collaboration aimed at strengthening the nation's energy independence and industrial capacity, signalling a potential end to months of commercial tensions.

NNPC Limited's leadership visited the 650,000 bpd Dangote Refinery complex in Lagos to formalize operational coordination, marking a critical step in Nigeria's efforts to reduce refined product imports and stabilize domestic fuel supply.

The United States threatens to withdraw from the International Energy Agency over ideological differences, while Kenya doubles down on renewable energy expansion and Indonesia confronts the deadly cost of environmental neglect.

Continued US-Iran diplomatic engagement provides cautious optimism for energy markets, but the deployment of a second US aircraft carrier to the Middle East threatens to reintroduce geopolitical risk premiums into crude pricing.

Continued nuclear negotiations between Washington and Tehran provide near-term price stability, though deployment of a second US carrier group to the Middle East reintroduces geopolitical risk calculations for crude benchmarks.