Browsing Category
Energy
Dangote Refinery Expands Jet Fuel Exports Across Europe as Global Supply Tightens
Nigeria’s Dangote Refinery is rapidly strengthening its footprint in the global aviation fuel market, with fresh…
Nigeria’s Oil Exploration Drops 41.7% as Rig Count Falls to 12 – OPEC Report…
Nigeria’s oil and gas sector recorded a sharp slowdown in April 2026, as exploration and drilling activities fell…
Nigeria’s Oil Sector Booms as Local Content Policy Drives 117 Operating Firms and…
Nigeria’s oil and gas sector is undergoing a major transformation as local content policies continue to reshape the…
South African Pension Fund Targets Dangote Refinery IPO as African Investors Eye…
African institutional investors are showing strong interest in the upcoming Dangote Refinery IPO, as…
Nigeria Oil Industry Sees Major Boom as Local Content Policy Drives 117 Operating…
Nigeria’s oil and gas industry is undergoing a major transformation as local content policies continue to reshape…
World Bank says global carbon pricing revenue tops $107 billion in 2025
Global carbon pricing revenue climbed above $107 billion in 2025, marking another milestone in the worldwide push…
South African Investors Set Sights on Dangote Refinery as Africa’s Industrial…
Africa’s largest industrial project may soon attract significant South African capital as leading pension and…
AKK Gas Pipeline Project Set to Revolutionize Nigeria’s Economy and Industrial…
Nigeria’s ambitious $2.8 billion Ajaokuta–Kaduna–Kano (AKK) gas pipeline project is being described as a…
US–Iran Crisis Pushes Nigerian Crude Toward $120 as Global Oil Prices Surge
Nigeria’s crude oil market is once again feeling the heat of global tensions, as the ongoing US–Iran crisis drives…
Dangote Refinery reduces Jet Fuel Price to N1,650
Nigeria’s aviation industry has received a major boost as Dangote Petroleum Refinery & Petrochemicals announced…
High Energy Prices Could Derail Europe’s AI Race Against the U.S. and China
Europe is racing to compete with the United States and China in the fast-growing artificial intelligence sector,…
Brent Crude Oil Prices Surge Above $111 as Middle East Tensions Fuel Supply Shock…
Oil prices surged sharply in early Asian trading on Monday, with Brent crude crossing the $111 mark as renewed…
Foreign Investors Deepen Interest in Nigeria’s Refinery Sector as Global…
Nigeria’s refinery and downstream petroleum industry is witnessing a fresh wave of global attention as foreign…
Oil Prices Near $110 as Trump Warns Iran Over Strait of Hormuz Crisis
Oil prices climbed sharply toward $110 per barrel on Sunday, reaching about $109.3 as rising tensions in the Middle…
Fuel Import Battle Deepens as Marketers Oppose Dangote’s Fresh Court Move Against…
The battle over fuel importation in Nigeria has intensified after petroleum marketers strongly opposed a…
NNPC Urged to Revive Refineries Amid Controversy Over Dangote Refinery Stake…
The Nigerian National Petroleum Company Limited (NNPC) has come under fresh criticism from industry stakeholders…
Nigeria Set to Attract $20bn Foreign Investments in 2026 — Tinubu Declares at…
President Bola Tinubu has projected that Nigeria could attract nearly $20 billion in foreign direct investments…
PenCom Gives PFAs Green Light to Invest in Dangote Refinery IPO Ahead of Historic…
Nigeria’s pension industry is set for a major investment shift after the National Pension Commission (PenCom)…
OPEC+ Moves to Restore 1.65 Million bpd Oil Cuts by September Amid Middle East…
Key members of OPEC+ are pushing ahead with plans to gradually increase oil production quotas over the next few…
Dangote Refinery Set for Africa’s Biggest IPO With POS, Fintech Platforms for…
Africa’s largest refinery, the Dangote Refinery, is preparing to revolutionize retail investing in Nigeria as it…
Aliko Dangote Rejects NNPC Bid for Bigger Refinery Stake as Petrol Supply Hits…
Nigeria’s richest businessman, Aliko Dangote, has revealed that the Dangote Group turned down an attempt by the…
Trump Considers Fuel Tax Cut as Oil Prices Hit $107 Amid US-Iran War
Americans are facing mounting economic pressure as petrol prices continue to climb following the escalating…
Dangote Targets $50bn Refinery Valuation Ahead of IPO as Expansion Plans Stretch…
Africa’s richest man, Aliko Dangote, is positioning his flagship refinery for a major leap into global…
Jet Fuel Crisis in Europe Boosts Dangote Refinery Exports by 75% as Nigeria Gains…
Nigeria’s Dangote Petroleum Refinery is rapidly strengthening its position in the global energy market as Europe…
Nigeria Inflation to Hit 16% in April as Fuel Price Surge Drives Cost Pressures –…
Nigeria’s inflation rate is expected to climb to 16 percent in April 2026, up from 15.38 percent recorded in March,…
Nigeria’s Petrol Consumption Climbs to 51.1 Million Litres Daily in April Amid…
Nigeria’s daily petrol consumption surged to 51.1 million litres per day in April 2026, up from 47.3 million litres…
NNPC Remits $29m Crude Revenue to FAAC as NUPRC Collections Drop Amid NRS…
Nigeria’s state-owned oil company, the Nigerian National Petroleum Company Limited, has remitted $29.28 million in…
Dangote Refinery Supplies Nearly 80% of Nigeria’s Petrol Demand as Fuel Imports…
Nigeria’s fuel market witnessed a major shift in April 2026 as the Dangote Petroleum Refinery supplied nearly 80…
OPEC Oil Output Drops to 26-Year Low as Iran Conflict Disrupts Global Supply…
OPEC’s crude oil production has fallen to its lowest level in 26 years, reflecting major disruptions in global…
NNPC and NUPRC Remit N322bn, $116.9m Under Executive Order 9 as Nigeria Boosts Oil…
The Nigerian oil sector recorded a major revenue boost as the NNPC Limited and the Nigerian Upstream Petroleum…