NNPC/Seplat JV Transforms Lives with ‘Eye Can See’ Free Eye Care Programme in Imo
The NNPC/Seplat Joint Venture (JV) has made a remarkable impact on the health and well-being of residents in Imo State…
Category: Energy
Nigeria’s Power Sector Reforms Attract $2 Billion Investment, Liabilities Slashed to N146 Billion
Nigeria’s ongoing power sector reforms are yielding tangible results, attracting $2 billion in fresh investment and cutting government liabilities to…
Dangote Refinery Cuts Petrol Price to N1,200 Amid Global Oil Market Volatility
Dangote Petroleum Refinery has announced a significant reduction in its ex-gantry petrol price, bringing it down to N1,200 per litre,…
Oil Prices Surge Past $100 Amid Middle East Tensions and Supply Disruptions
Oil prices rebounded sharply on Thursday, recovering from a brief dip as fading hopes for a swift end to the…
NNPC says Nigeria is attracting more buyers for LNG cargoes
Nigeria is witnessing a surge in interest for its liquefied natural gas (LNG) cargoes as global energy disruptions create new…
Nigeria Fast-Tracks Idle Oil Wells as NUPRC Approves PEL No. 5 for SeaSeis Partnership
Nigeria is fast-tracking efforts to boost its oil production as crude prices hover near $100 a barrel. The Nigerian Upstream…
$6B Funding Gap Threatens Nigeria’s Oil Output Surge and Crude Supply to Dangote Refinery
Nigeria’s ambition to rapidly increase oil production could be hampered by a staggering $6 billion capital shortfall, industry experts have…
Dangote Refinery Receives Only 5 Crude Cargos Monthly Amid Crude-for-Naira Shortfall
The Chief Executive Officer of the Dangote Refinery, David Bird, has raised alarms over a significant shortfall in crude oil…
Nigeria LNG Demand Surges as Middle East War Disrupts Global Energy Supply
Nigeria is witnessing a significant increase in demand for its liquefied natural gas (LNG), as global buyers rush to secure…
Middle East Crisis Pushes Brent Oil Above $100: Nigerians Face Rising Fuel Costs
The ongoing crisis in the Middle East continues to push global energy prices higher, with Brent crude oil surging past…
Nigeria Needs $100bn Investment to Achieve Reliable Electricity, Says FG
Nigeria requires more than $100 billion in investments across its power sector to ensure a reliable, round-the-clock electricity supply, the…
NNPC to Increase Oil Production by 100,000 BPD Amid Global Energy Pressures
Nigeria’s state oil company, the Nigerian National Petroleum Company Limited (NNPC), is set to increase its oil output by approximately…
Petrol Hits N1,400/Litre: NLC, OPS Demand Urgent Government Action Amid Fuel Crisis
The Organised Private Sector (OPS) and the Nigeria Labour Congress (NLC) have urged the Federal Government to act immediately as…
NNPC Eyes 100,000 bpd Boost in Nigeria’s Crude Oil Production Amid Global Supply Tensions
Nigeria could soon see a significant boost in crude oil production, with the Nigerian National Petroleum Company Limited (NNPC Ltd)…
Dangote LPG Price Hike Pushes Cooking Gas to N1,000/kg in Nigeria
The cost of cooking gas in Nigeria is climbing again, raising fresh concerns for households already dealing with rising living…
Dangote Refinery Threatens Fuel Export Amid Fresh Petrol Import Licences
Nigeria’s energy landscape faces a potential shake-up as the Dangote Petroleum Refinery considers exporting all its petrol, diesel, and jet…
Dangote Refinery Boosts African Fuel Supply with 456,000-Tonne Export to Ghana, Togo, and More
The Dangote Petroleum Refinery has marked a major milestone with the export of 12 cargoes of refined petroleum products, totaling…
Nigeria’s Petrol Import Bill Falls to $10 Billion as Domestic Refining Boosts Energy Self-Sufficiency
Nigeria’s petrol import bill declined sharply to $10 billion in 2025, down from $14.06 billion in 2024, signaling a major…
Nigerian DisCos Record N2.4 Trillion Loss Amid Worsening Electricity Blackouts
Nigeria’s electricity distribution companies (DisCos) have reported combined losses of N2.349 trillion over the past two years, worsening the nation’s…
Nigeria Earns $31.54 Billion from Crude Oil Exports in 2025 Amid Shifting Energy Landscape
Nigeria earned $31.54 billion from crude oil exports in 2025, marking a 14.41% decline from $36.85 billion in 2024, according…
Dangote Refinery Exports Fuel Across Africa Amid Supply Crisis
Nigeria’s Dangote Petroleum Refinery is rapidly reshaping Africa’s energy landscape after exporting 12 cargoes of refined petroleum products totaling 456,000…
Oil Prices Surge Above $119 as Nigeria’s Petrol Price Hits N1,200 per Litre
Global oil prices jumped sharply on Thursday, with Brent crude climbing above $119 per barrel, as escalating tensions in the…
Middle East Crisis Threatens Africa’s Fuel Supply Chain
Africa’s fuel supply is coming under serious pressure as escalating tensions in the Middle East disrupt critical import routes, leaving…
Nigeria’s Oil Output Drops to 1.48mbpd in February, Raising Doubts Over 2.5mbpd Target
Nigeria’s combined crude oil and condensate production dropped to 1.48 million barrels per day (mbpd) in February 2026, down sharply…
Refineries spend N5.7tn on foreign oil despite naira-for-crude policy
Nigeria, Africa’s largest crude oil producer, imported crude oil worth a staggering N5.734 trillion in 2025, even as domestic refineries…
Middle East Tensions Disrupt Fuel Supply to Nigeria, Africa Faces Shortage Risk
Escalating tensions in the Middle East are beginning to ripple across global energy markets, with Nigeria and several African nations…
Oil Prices Surge to $100 Amid Strait of Hormuz Tensions as Trump Criticizes NATO Allies
Global oil markets were thrown into fresh uncertainty on Tuesday as crude prices hovered near $100 per barrel, driven by…
Dangote Refinery, Marketers Partner to Strengthen Fuel Supply in Nigeria
Nigeria’s fuel supply outlook received a boost as the Dangote Petroleum Refinery partnered with major marketers to ensure steady nationwide…
Transcorp Energy Secures World Bank-Backed Bid to Expand Renewable Power in Abuja
Transcorp Energy Limited has emerged as the successful bidder for key lots in the Federal Capital Territory under the World…
GOIL CEO Warns StarOil Night Fuel Discount Could Breach Pricing Rules-Ghana
The Chief Executive Officer and Managing Director of GOIL Ghana, Edward Bawa, has raised concerns over StarOil Ghana’s proposal to…