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Energy
Dangote Refinery Denies Fuel Re-Import Claims Through Lomé Hub
Dangote Petroleum Refinery has strongly denied reports suggesting that petroleum products exported from its…
Petrol Price Drop Sparks Fears of CNG Abandonment as Nigerian Motorists Reconsider…
The recent decline in petrol prices across Nigeria is beginning to reshape consumer behavior, with oil marketers…
Lithium Demand Set to Surge 353% by 2040 as Nigeria Attracts Global Scramble for…
Global demand for lithium is expected to skyrocket by 353 per cent by 2040, according to projections from the…
Petrol Prices Stay High in Nigeria Despite Falling Crude Oil Prices Amid Global…
Petrol prices have remained stubbornly high across Nigeria, even as global crude oil prices decline toward levels…
Oil Production Recovery in Nigeria Linked to Improved Oil Asset Protection in…
Nigeria’s oil industry is showing signs of recovery, with growing evidence that improved protection of oil…
AI Data Centers Energy Consumption: Why Global Servers Now Burn 670,000 Barrels of…
The global race to power artificial intelligence is rapidly becoming one of the most energy-intensive shifts in…
Nigeria Among Nine Countries Responsible for 83% of Global Gas Flaring, World Bank…
Nigeria has once again been identified as one of the world’s top contributors to gas flaring, as a new World Bank…
Domestic Crude Supply Drops in Nigeria Amid Sabotage Allegations and Refinery…
Nigeria’s domestic crude supply to local refineries recorded a noticeable decline in May 2026, dropping to 15.84…
Aradel assets hit N10 trillion after Renaissance acquisition drives 466% surge in…
Aradel Holdings Plc has recorded a dramatic leap in its financial position, with total assets surging by…
Nigeria Crude Oil Production Challenges Persist Despite Output Gains and $10bn…
Nigeria’s oil and gas sector is showing strong signs of recovery, but long-standing operational issues continue to…
Dangote Refinery Crude Supply Crisis Deepens as Output Drops 62% Amid NNPC…
Nigeria’s flagship Dangote Petroleum Refinery is facing mounting pressure as a severe crude supply shortage…
Oil Prices Dip as Qatar and Pakistan Push 60-Day U.S.–Iran Deal Roadmap Amid…
Global oil markets saw a sharp shift on Monday as crude prices slipped following news that Qatar and Pakistan have…
Fuel Price War Intensifies in Lagos and Ogun as Stations Slash Petrol Prices to…
Fuel prices have dropped across parts of Lagos and Ogun States as filling stations adjust pump rates in response to…
OPEC Quota: Nigeria’s Rising Oil Output Driven by Stronger Pipeline Security on…
Nigeria’s crude oil production has surged beyond its OPEC quota, with stakeholders attributing the improvement to…
India Holds Back on Middle East Oil Purchases Despite Strait of Hormuz Reopening
India is showing little urgency to return to large-scale crude purchases from the Middle East, even after the…
Oil Prices Mixed as U.S.-Iran Talks Collapse and Strait of Hormuz Tensions Keep…
Oil prices ended the trading session on a mixed note on Friday as renewed uncertainty over U.S.-Iran diplomatic…
Nigerian Marketers Import Dangote Fuel via Lomé Hub as Trade Flows Shift Across…
Nigerian fuel marketers are increasingly sourcing refined petroleum products originally produced by Dangote…
Nigeria Can Produce 1.9m Barrels Daily, Says NUPRC as Oil Prices Hit $77
Nigeria’s crude oil industry is showing renewed strength as the Nigerian Upstream Petroleum Regulatory Commission…
Petrol Imports Surge 59.5% in May as Nigeria Balances Local Refining Growth and…
Nigeria’s petrol imports recorded a surprising rebound in May 2026, climbing by 59.5% compared to April despite…
Oil Prices Crash by Over $7 Per Barrel as Brent Drops Below $80 Amid Global Easing…
Global oil markets experienced a sharp downturn this week as crude prices fell by more than $7 per barrel, marking…
Nigeria Rules Out New Taxes on Fuel and Telecom Services Amid IMF Report Backlash
The Federal Government has firmly dismissed reports suggesting that new taxes could soon be introduced on…
Dangote Refinery Slashes Diesel and Jet Fuel Prices as Falling Crude Oil Costs…
The Dangote Petroleum Refinery has announced another round of fuel price reductions, cutting the gantry prices of…
Petrol Price May Fall to N1,200 as Dangote Refinery Slashes Rates Amid Global Oil…
Nigeria may soon witness a fresh reduction in petrol prices, with marketers projecting that pump prices could fall…
Mission 300 Lights Up Africa: Over 50 Million People Gain Electricity Access in…
The World Bank and the African Development Bank (AfDB) have announced a major milestone under Mission 300,…
Global Gas Price Volatility Persists as World Bank Warns of Prolonged Market…
The World Bank has warned that global natural gas markets are heading into a prolonged period of instability, with…
Dangote Refinery Cuts Petrol Price by N75 Amid Global Oil Price Drop
Dangote Petroleum Refinery has announced a reduction in the gantry price of Premium Motor Spirit (petrol), slashing…
US–Iran Peace Deal Sends Shockwaves Through Global Markets — What It Means for…
Global relief as US–Iran peace deal calms energy markets
A newly announced peace agreement between the United…
Nigeria Power Crisis: World Bank $3.653bn Funding Exposes Deep Structural Failures…
Nigeria’s persistent electricity crisis continues to raise tough questions, even as the country benefits from…
Oil Price Drops to $83 as US–Iran Peace Deal Sparks Global Market Shift
Crude oil prices slid sharply on Monday, falling to around $83 per barrel after the United States and Iran signed a…
Nigeria Gas Production Hits 7.93bcf/d in May 2026 as Output Strengthens
Nigeria’s natural gas sector recorded a modest but steady growth in May 2026, with average daily production rising…