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Energy
Sierra Leone Signs $225 Million Offshore Oil Deal with Marginal Energy to Boost…
Sierra Leone has taken a major step toward revitalizing its oil and gas industry, signing a $225 million offshore…
Investors Shift to State-Led Power Deals in Nigeria’s Electricity Market
Investors are quietly changing how they approach Nigeria’s long-struggling electricity sector, opting for state-led…
Oil Price Stabilizes at $95 as Middle East Tensions Push Markets Into Structural…
Global oil markets are once again under pressure as geopolitical tensions in the Middle East flare up,…
Oil Prices Slip Slightly as U.S.-Iran Tensions Stall Talks and Disrupt Strait of…
Global oil markets experienced a slight pullback on Thursday as geopolitical tensions between the United…
Nigeria Gas Sector Investment Hinges on Regulatory Clarity, Says NGA
The Nigerian Gas Association (NGA) has stressed that regulatory clarity, consistent policy implementation, and…
Africa Needs Two More Dangote-Scale Refineries to Close Fuel Import Gap – AFC…
Africa will need at least two more refineries the size of the Dangote Refinery to keep up with its…
DisCos Remit N77.99bn in Q4 2025 as Performance Drops to 91.19% – NERC Report
Nigeria’s electricity distribution companies (DisCos) remitted a total of N77.99 billion in the fourth quarter of…
Two Decades of Erha Field: How Nigeria’s Deepwater Giant Built Long-Term Value in…
Two decades after first oil flowed from the Erha Field in Offshore Nigeria’s OML 133, the project is being…
NNPC Crude Supply to Dangote Refinery Surges Past 1 Billion Barrels in April 2026
Crude oil supply from the Nigerian National Petroleum Company Limited (NNPC) surged significantly in April…
Skills Gap Threatens Nigeria Oil Sector Growth, Says NUPRC Amid Industry…
Nigeria’s oil and gas industry is facing a growing threat that could slow its long-term development—not a shortage…
Dangote Refinery Imposes ₦500,000 Daily Penalty on Trucks to Ease Congestion
Dangote Petroleum Refinery and Petrochemicals has rolled out a strict penalty policy targeting trucks that fail to…
Nigeria Expands Mini-Grid Power Market as Regulatory Clashes Raise Investment…
Nigeria’s electricity sector is entering a major structural shift as updated mini-grid regulations broaden the…
Dangote Refinery to Begin Crude Production as Upstream Output Testing Starts
The Dangote Group has announced a major step forward in its upstream expansion, confirming that it has achieved…
Iran–Israel Conflict Exposes Nigeria’s Weak Economic Shock Response Toolkit as Oil…
Security, economic, and policy analysts have warned that the ongoing Iran–Israel–US conflict is exposing serious…
Top 10 African Countries with the Cheapest Diesel Prices in April 2026: Niger…
Across Africa, diesel prices in April 2026 reveal a sharp divide between countries able to keep fuel affordable and…
Nigeria Exports 55.39 Million Barrels of Crude as Dangote Refinery Faces Severe…
Nigeria exported a total of 55.39 million barrels of crude oil in the first two months of 2026, even as its largest…
Petrol Price Drop in Nigeria Uncertain as Strait of Hormuz Crisis Deepens
Hopes for a significant petrol price drop in Nigeria have faded following renewed tensions in the Strait of Hormuz,…
Oil Prices Climb as US-Iran Talks Boost Market Sentiment Amid Supply Concerns
Crude oil prices edged higher on Thursday, with West Texas Intermediate (WTI) trading close to $92 per barrel and…
NNPCL Faces ₦210 Trillion Audit Query as Nigerian Senate Demands Full…
The Nigerian Senate has intensified its oversight of the Nigerian National Petroleum Company Limited (NNPCL),…
IEA Warns Europe Could Run Out of Jet Fuel in Six Weeks as Middle East Conflict…
The International Energy Agency (IEA) has raised alarm that Europe may have as little as six weeks of jet…
Oando JV Begins Gas Supply to 60MW Yenagoa Power Plant, Boosting Bayelsa…
Oando Plc has announced that its joint venture with NNPC E&P Limited has officially begun gas delivery to a…
Dangote Refinery Exports 434 Million Litres of Petrol in March as Nigeria Becomes…
Nigeria’s oil sector recorded a major turning point in March 2026 as the Dangote Petroleum Refinery exported about…
Nigeria Power Crisis Deepens as 9,536MW Installed Capacity Remains Idle Amid Grid…
Nigeria’s electricity crisis has deepened after new data from the Nigerian Electricity Regulatory Commission (NERC)…
N210 Trillion Audit: Senate Gives NNPCL April 29 Deadline to Explain Unaccounted…
The Nigerian Senate has issued a firm deadline to the Nigerian National Petroleum Company Limited (NNPCL), ordering…
Nigerian Crude Oil Hits $113 Per Barrel as Supply Tensions and China Demand Boost…
Nigerian crude oil has surged sharply on the global market, with Brass River trading at around $113 per barrel,…
Rising Oil Prices: FG Rules Out Fuel Subsidy Return Despite Inflation Pressure
The Federal Government has firmly ruled out any return of petrol subsidy in Nigeria, even as global oil prices…
Nigeria Inflation Set to Rise as Iran War Drives Fuel and Food Costs Higher
Nigeria’s inflation rate is projected to rise in March 2026, signaling an end to nearly a year of easing price…
Petrol Consumption Drops to 47.3 Million Litres Daily in March 2026, Says NMDPRA
Petrol consumption in Nigeria fell significantly in March 2026, dropping to an average of 47.3 million…
Seplat Energy Share Price Crosses N10,000 on NGX, Becomes First Nigerian Stock to…
Seplat Energy Plc has made history on the Nigerian Exchange (NGX), becoming the first listed company to surpass the…
Dangote Refinery Helpful, Importation Still Necessary –PETROAN
The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has described the…