Browsing Category
Energy
Nigeria’s Crude Oil Earnings Drop by N3.18tn Despite 12.7% Production Surge
Nigeria’s crude oil export earnings fell sharply by N3.18 trillion in the first half of 2025, even as the country…
Afreximbank, MDGIF Sign $500m Deal to Boost Nigeria’s Gas Infrastructure and Cut…
Nigeria’s gas sector received a major boost at the weekend as the African Export-Import Bank (Afreximbank) and the…
COMAC Urges Government to Stabilise Cedi to Prevent Fuel Price Increases in Ghana
The Chamber of Oil Marketing Companies (COMAC) has called on the government to intensify efforts to stabilise the…
Dangote Rolls Out 1,000 CNG Trucks to Slash Fuel Prices, IPMAN Mobilises Marketers…
In a major move set to reshape Nigeria’s fuel market, the Dangote Petroleum Refinery on Monday deployed over 1,000…
Lagos Residents React to Proposed 5% Fuel Tax: Concerns Over Costs and…
The proposed 5% fuel tax on petrol and diesel has sparked mixed reactions across Lagos, as Nigerians debate the…
Dangote Refinery Denies NUPENG Allegations, Pledges 60,000 Jobs and Cheaper Fuel…
Dangote Petroleum Refinery has rejected allegations by the Nigeria Union of Petroleum and Natural Gas Workers…
Nigerian Equities Market Adds ₦191 Billion as Investor Confidence Strengthens
The Nigerian stock market extended its winning streak on Thursday as investors continued to show renewed…
Nigeria Achieves Record Drop in Crude Oil Losses to 9,600 Barrels per Day, Says…
Nigeria’s upstream oil sector has reached a historic milestone, slashing daily crude oil losses to just 9,600…
Global Leaders Eye $800 Billion Gulf of Guinea Investment at UNGA Forum
Global business and diplomatic leaders are converging in New York this week as the 80th United Nations General…
NNPC Calls on Global Investors to Unlock Nigeria’s Untapped Oil and Gas Potential
The Nigerian National Petroleum Company Limited (NNPC) has urged international investors to explore Nigeria’s vast…
NUPRC Approves $4.4 Billion Oilfield Decommissioning Plans, Secures $400 Million…
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has approved 94 Decommissioning and Abandonment…
Oil Prices Slip Amid U.S. Demand Concerns and OPEC+ Output Rise
Global oil prices eased on Thursday as traders weighed signs of weakening U.S. demand against mounting concerns…
Nigeria Labour Congress Demands Power Sector Audit After Nationwide Grid Collapse
The Nigeria Labour Congress (NLC) has called on the Federal Government to immediately conduct a comprehensive…
Tinubu Launches Energy Reforms to End Power Crisis in Nigerian Hospitals
President Bola Ahmed Tinubu has unveiled a comprehensive energy reform plan designed to end the recurring power…
Chinese Firm Fuhai Energy to Invest $2.1 Billion in Bauchi Petrochemical Hub,…
A major investment deal is set to transform Bauchi State’s economy, as Chinese company Fuhai Energy Group Company…
Nigeria Faces Fiscal Pressure as OPEC+ Oil Output Surge Threatens Budget…
Nigeria is bracing for renewed fiscal strain after OPEC+ announced it would accelerate oil production increases, a…
CEMSE Urges Government to Scrap BOST Margin as Fuel Prices Squeeze Ghanaians
The Centre for Environmental Management and Sustainable Energy (CEMSE) is calling on government to immediately…
Nigeria Seeks $500m World Bank Loan to Boost Power Distribution and Metering…
Nigeria’s Federal Government is turning to the World Bank for a $500 million lifeline to tackle the persistent…
Dangote Refinery vs NUPENG: Fuel Supply Disruptions Deepen as Labour Dispute…
Nigeria’s oil sector is facing fresh tension as talks between Dangote Refinery and labour unions—NUPENG and…
Nigeria’s Tax Committee Exempts Kerosene, LPG, and CNG from 5% Fuel Surcharge to…
The Presidential Fiscal Policy and Tax Reforms Committee has announced that Nigeria’s new 5% fuel surcharge will…
Dangote Refinery Denies Shutdown Rumors, Reaffirms Commitment to Petrol Supply
The Dangote Petroleum Refinery has dismissed reports suggesting it plans to shut its petrol unit for up to three…
Fuel Crisis Looms as NUPENG, IPMAN, and PETROAN Halt Operations Over Clash With…
Nigerians are bracing for another round of crippling fuel scarcity as key players in the petroleum sector —…
BPE Moves to List Two DisCos and One GenCo on NGX, Eyes N312 Billion in 2025…
The Bureau of Public Enterprises (BPE) has announced plans to list two electricity distribution companies (DisCos)…
FG to List Power Assets on Nigerian Exchange to Boost Transparency and Investor…
The Federal Government has unveiled plans to list three of Nigeria’s top-performing power assets on the Nigerian…
CNG Price Surges to N450/SCM as FG Reduces Subsidies Amid Long Queues
The cost of Compressed Natural Gas (CNG) has sharply risen to N450 per standard cubic metre (SCM) as the Federal…
Dangote Refinery Makes Historic First Gasoline Export to U.S., Expands Global…
Nigeria’s Dangote Refinery has marked a significant milestone by exporting its first gasoline shipment to the…
Nigeria Strengthens Renewable Energy Drive with Local and International…
Nigeria is stepping up its renewable energy ambitions with stronger collaborations between local firms and…
Nigeria’s power sector reforms fail where telecom triumphs
When Nigeria embarked on economic liberalisation in the late 1990s and early 2000s, the telecommunications…
Nigeria Signs Deepwater Oil Deal with TotalEnergies to Boost Production and Energy…
Nigeria has formalized a major deepwater oil agreement with French energy giant TotalEnergies and local partner…
Dangote Refinery Boosts Fuel Exports Amid Middle East Refinery Shutdowns
The $20 billion Dangote Petroleum Refinery has ramped up exports of petrol, aviation fuel, and diesel as…