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Energy
Nigeria’s Gas Market in 2025: Exports Surpass Domestic Sales, Driving Sector…
Nigeria’s gas sector saw a remarkable performance in 2025, with exports overtaking domestic sales for the first…
Dangote Group Invests $400 Million in Equipment to Expand Refinery and Boost…
Dangote Group has taken a major step to accelerate its industrial ambitions, signing a $400 million agreement with…
No Decision Yet on Disputed Oil Wells Reallocation, Confirms RMAFC
The federal government has not made any decision on the reallocation of disputed crude oil wells between Nigeria’s…
NNPCL Signs MoU with China Gas to Boost Domestic LNG and Power Infrastructure
The Nigerian National Petroleum Company Limited (NNPCL) has taken a significant step to strengthen Nigeria’s…
Brent Crude Trades $67.78, $3 Above Nigeria’s 2026 Oil Benchmark Amid Geopolitical…
Global oil markets opened the week with Brent crude trading at $67.78 per barrel on Monday, holding about $3 above…
NNPC Revenue Surges to N60.5 Trillion in 2025, Profit Hits N5.7 Trillion
The Nigerian National Petroleum Company Limited (NNPC) has reported a remarkable N60.5 trillion in revenue for…
NBET Budget Release 2025 Falls Far Short: Only N60 Million Released from N858…
The Nigerian Bulk Electricity Trading (NBET) Plc has revealed that only N60 million was released from its N858…
NNPC 2025 Revenue Hits N60.5 Trillion as N14.7 Trillion Remitted to Federation…
The Nigerian National Petroleum Company Limited (NNPC Ltd) has reported a remarkable N60.5 trillion in total…
Nigeria Blackout Fears Rise as Seplat Gas Plant Maintenance Threatens 934MW Power…
Fears of widespread electricity disruptions are mounting across Nigeria following the announcement of scheduled…
Nigeria Underperforms OPEC Oil Quota for Sixth Straight Month Despite January…
Nigeria has once again fallen short of its crude oil production target set by the Organisation of the…
NNPC Warns of Power Dip as Seplat Shuts Gas Plant for Maintenance
The Nigerian National Petroleum Company Limited (NNPC Ltd) has issued a power dip warning following the planned…
Africa Must Unite to Unlock Energy Potential, Says NCDMB Executive Secretary
Africa’s energy sector could reach new heights if countries across the continent work together, according to Felix…
Nigeria’s Crude Oil Output Rises to 1.459 Million BPD in January 2026 Amid Ongoing…
Nigeria’s crude oil production rose to 1.459 million barrels per day (bpd) in January 2026, reinforcing its…
Dangote Refinery Receives 250,000MT of Crude and Feedstocks Amid Import…
Dangote Petroleum Refinery and Petrochemicals has taken delivery of approximately 250,000 metric tonnes of crude…
Shared Gas Infrastructure Key to Africa’s Industrial Growth, Says NNPC
The Nigerian National Petroleum Company Limited (NNPC Ltd) has emphasised that shared gas infrastructure in Africa…
Dangote Refinery Hits Full Capacity of 650,000 bpd, Boosting Nigeria’s Energy…
The Dangote Petroleum Refinery has officially reached its full nameplate capacity of 650,000 barrels per day (bpd),…
NUPRC Launches 2025 Oil Licensing Round to Attract Global Investors
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has called on global investors to seize opportunities…
Crude Oil Nears $70 Amid US-Iran Tensions, Sparking Global Market Volatility
Crude oil prices surged toward $70 per barrel this week, climbing from $67 last week, as escalating tensions…
Dangote Reduces Petrol Price by N25 per Litre to Boost Local Refinery…
Dangote Petroleum Refinery has announced a significant reduction in its petrol prices, slashing the gantry price of…
Dangote Cuts Petrol Price to N774 per Litre, Expands Investment Drive to Burundi
Dangote Petroleum Refinery has reduced its petrol price by N25 per litre, lowering the ex-depot rate…
Nigeria’s Oil Price Falls Below $69 Amid Rising US-Iran Tensions
Nigeria’s top-grade Bonny Light crude traded at $68.8 per barrel on Tuesday, marking a notable decline amid rising…
Fuel Import Permits to Resume: Nigerian Marketers Optimistic Amid Dangote Refinery…
Petroleum marketers in Nigeria have expressed renewed optimism following indications from the Nigerian Midstream…
Tem Raises $75M to Transform Electricity Markets Using AI
London-based startup Tem is tackling one of the modern energy sector’s biggest challenges: rising electricity costs…
Dangote Refutes Petrol Import Claims, Blames Economic Saboteurs for Misleading…
Dangote Refinery has firmly rejected claims that it imports finished petrol into Nigeria, describing the narrative…
Dangote Refinery Denies Importation of Finished PMS into Nigeria
Dangote Petroleum Refinery has firmly denied reports suggesting it imports finished Premium Motor Spirit (PMS) into…
Nigeria Needs $22 Billion to Expand Gas Pipeline Infrastructure – NNPC Gas Master…
Nigeria may need as much as $22 billion in new investments to develop critical gas pipeline infrastructure under…
Why Nigeria’s Refineries Failed: NNPC CEO Blames Focus on Contracts Over…
Nigeria’s state-owned refineries have struggled for decades because successive managers prioritized financing and…
FG Strengthens Gas-to-Power Linkage to Boost Electricity Supply in Nigeria
The Federal Government (FG) has renewed its focus on strengthening Nigeria’s gas-to-power sector as part of a…
Petrol Prices Drop Along Lagos–Ibadan Expressway as Retailers Battle for Customers
Petrol prices have dropped across parts of the Lagos–Ibadan Expressway as filling stations intensify competition to…
How Nigeria Can Turn Gas into Power and Economic Growth – Experts Outline Path
As Nigeria observes Gas Day at NIES 2026, energy regulators and government officials are calling for decisive…