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Energy
Nigerian Engineers Prove Global Capability with Egina, Ikike Projects –…
Nigeria’s Egina deepwater and Ikike shallow-water oil projects have emerged as strong evidence that Nigerian…
Nigeria Oil Exports to Drop as Bonga FPSO Undergoes Scheduled Maintenance
Nigeria’s oil exports will decline sharply in February as production from the Bonga Floating Production Storage and…
NNPC Unveils Gas Master Plan 2026, Targets 20 Million LPG Cylinders by 2030
The Nigerian National Petroleum Company Limited (NNPC Ltd) has officially unveiled its Gas Master Plan (GMP) 2026,…
Nigeria’s Crude Exports to Drop 225,000 BPD as Shell Shuts Bonga FPSO for…
Nigeria’s crude oil exports are set to decline by about 225,000 barrels per day this February due to the planned…
Oil Cash, Foreign Inflows Lift Nigeria’s External Reserves by $66m as Naira Hits…
Nigeria’s external reserves recorded a modest rebound in January, rising by $66 million as stronger oil prices and…
Nigeria Gas Flaring Hits 203.9 Billion SCF in 2025 Despite High Utilisation –…
Nigeria continued to struggle with gas flaring in 2025, releasing over 203.9 billion standard cubic feet (SCF) of…
Clean Energy Momentum Grows Globally, but Nigeria and Africa Lag Behind
As the world observed International Clean Energy Day, United Nations Secretary-General António Guterres delivered a…
NNPC Petrol Price Increase: Lagos Rises to N835, Abuja to N839 Amid Market Forces
The Nigerian National Petroleum Company (NNPC) Limited has increased petrol prices, with Lagos motorists now paying…
NIPetE Symposium Highlights Innovation-Driven Future for Nigeria’s Energy Sector
Nigeria’s energy future is poised for transformation, as experts at the 2026 NIPetE Oil and Gas Symposium…
Nigeria Crude Oil Exports Set to Fall 14% in March Amid Bonga and Forcados…
Nigeria’s crude oil exports are expected to drop by about 14% in March 2026, falling to roughly 793,000 barrels per…
Nigeria Earns ₦55.5 Trillion from Crude Oil Sales in 2025 Despite Production…
Nigeria generated an estimated ₦55.5 trillion in crude oil revenue in 2025, driven largely by global oil prices…
NUPRC Engages Global Investors Ahead of 2025 Oil & Gas Licensing Round
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) is reaching out to global energy investors, upstream…
FG’s N501 Billion Power Sector Bond Fully Subscribed, Boosting Investor Confidence…
The Federal Government of Nigeria has successfully achieved full subscription for its N501 billion inaugural power…
Nigeria’s Chevron-NNPC Discovery Set to Boost Daily Crude Output to 146,000…
Nigeria is set to ramp up its crude oil production following a major offshore discovery by Chevron Nigeria Limited…
Imported Petrol Undercuts Dangote Refinery Price After Gantry Hike
Imported petrol has become cheaper than fuel produced by the Dangote Petroleum Refinery, following a recent…
NNPC, Chevron Target 146,000bpd as Awodi-07 Oil Discovery Boosts Production Hopes
The Nigerian National Petroleum Company Limited (NNPC) and Chevron Nigeria Limited have set sights on…
NNPC Confirms Major Oil Discovery at Awodi-07 Well in Niger Delta
The Nigerian National Petroleum Company Limited (NNPC Ltd) has confirmed a significant oil discovery at the…
Tinubu Secures $20bn Shell Investment for Nigeria’s Energy Sector
Nigeria’s President Bola Tinubu has successfully reinforced the country’s investment appeal, welcoming Shell Plc’s…
Pipeline Infrastructure Ltd Pledges Support for Nigeria’s 2.5 Million BPD Crude…
Pipeline Infrastructure Nigeria Limited (PINL), the private security company responsible for monitoring the Eastern…
Dangote Refinery Becomes Key Player in Global Fuel Market Amid Europe and U.S.…
Africa’s richest man, Aliko Dangote, is positioning his Lagos-based mega-refinery as a critical player in the…
Oil prices hold above Nigeria’s $64.85 budget amid Middle East tensions
Global oil prices remained firm on Monday, trading above Nigeria’s 2026 budget benchmark of $64.85 per barrel, as…
Dangote Refinery Switches to Lighter Crude as Cracker Downtime Slows Ramp-Up
The Dangote Petroleum Refinery has switched to processing lighter crude oil as it works to limit production…
Tony Elumelu Joins Seplat Energy Board Following $496 Million Stake Acquisition
Seplat Energy Plc has announced the appointment of prominent Nigerian entrepreneur and philanthropist Tony Elumelu…
Shell’s $5 Billion Bonga Southwest Project Gets Presidential Approval to Boost…
President Bola Tinubu has given the green light for targeted incentives to finally unlock Shell’s long-delayed $5…
Nigeria’s Oil Industry in 2025: Investment, Reforms, and Rising Production
Nigeria’s oil and gas sector experienced a transformative 2025, marked by policy reforms, strategic acquisitions,…
World Bank Backs $50 Million Solar Farming Expansion to Boost Nigeria’s…
The World Bank has approved $50 million to scale solar-powered agricultural solutions in Nigeria and five other…
Nigeria’s Cooking Gas Imports Drop to 13% as Domestic Production Rises
Nigeria is increasingly relying on local production for its cooking gas needs, with imports falling to just 13% of…
PETROAN Urges Clear Timeline for Nigeria’s Refineries After $4 Billion Spent
Oil marketers under the Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) have called on…
Nigeria Produces 554 Million Barrels of Oil in 2025 as Daily Output Hits 1.63 mbpd
Nigeria’s crude oil and condensate production totaled 554.4 million barrels in 2025, according to the Nigerian…
Dangote Refinery Gains Global Edge as European, US Refinery Shutdowns Tighten Fuel…
The recent closure of refineries across Europe and North America has reshaped global fuel supply, offering…