Renaissance Africa Energy reports "significant" oil discovery in a Nigerian block formerly held by a Shell unit, as crude rally gains accelerate local development plans.

EIA cuts 2026 WTI forecast to $76.26/bbl from $88.32; Brent lowered to $81.91 vs prior $95.39. 2027 WTI projected at $60.76, Brent at $64.76, both sharply below previous estimates.

EIA lowers 2026 WTI price forecast to $76.26/bbl from prior $88.32/bbl and 2027 to $60.76/bbl from $74.39/bbl. 2026 Brent forecast cut to $81.91/bbl from $95.39/bbl; 2027 Brent seen at $64.76/bbl vs prior $79.39/bbl.

US energy blockade hampers Cuba's power restoration nearly 24 hours after nationwide blackout left the island without electricity

A US energy blockade is hampering Cuba's efforts to restore electricity nearly 24 hours after a nationwide blackout struck the communist-run island.

BP boosted jet fuel output at European refineries by ~30% during the Iran conflict, helping the region avoid shortages while millions of barrels were locked in the Persian Gulf

BP boosted jet fuel production at its European refineries by about 30% during the Iran conflict, helping the region avoid major shortages while millions of barrels were locked up in the Persian Gulf.

Dangote to build $17 billion mega-refinery on Kenya's coast, spokesman confirms. The planned facility by Africa's richest person would mark one of the largest private refining investments on the continent.

A new mega-refinery to be built on the Kenyan coast by Africa's richest person will cost up to $17 billion, a Dangote spokesman confirmed.