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Energy
Dangote Refinery Vows to Keep Petrol Prices Stable Amid Global Oil Volatility
Dangote Petroleum Refinery has reiterated its commitment to reducing and stabilizing petrol prices in Nigeria,…
Tinubu Approves Key Licenses for Kolmani Oil Project to Boost Northern Nigeria’s…
President Bola Tinubu has approved the issuance of crucial regulatory licenses for the Kolmani Integrated…
DAPPMAN Urges Full Access to Dangote Refinery as NNPCL Refineries Struggle to…
The Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) has stated that its members are…
Shell Reports 122% Surge in Oil Spills in Nigeria for 2024, Blaming Equipment…
Shell Plc has reported a staggering 122% increase in oil spill incidents in Nigeria in 2024, compared to the…
Afetsi Awoonor Honoured with Millennium Excellence Award for Energy Leadership and…
Afetsi Awoonor, Managing Director of the Bulk Oil Storage and Transportation Company Limited (BOST), has been…
U.S.-Iran Deal Impact Weighs on Nigerian Crude, Obodo Oil Debuts Amid Global…
Nigerian crude oil is facing mounting pressure in the global market due to potential negotiations between Iran and…
World Bank Flags NNPCL for Withholding Half of Fuel Subsidy Savings
The World Bank has raised a red flag over the Nigerian National Petroleum Company Limited (NNPCL) for remitting…
Dangote Refinery Maintenance Spurs Fuel Import Surge as Nigeria Turns to Europe
The recent dip in output from the Dangote Petroleum Refinery has triggered a notable rise in fuel imports across…
NNPC Cuts Petrol Price to ₦910/Litre in Abuja Amidst Dangote’s Market Push
In a move that signals a growing shift in Nigeria’s fuel market dynamics, the Nigerian National Petroleum Company…
Dangote Refinery Cancels June Maintenance After Emergency Repairs, Ends Petrol…
The Dangote Petroleum Refinery has called off its planned June maintenance for its key gasoline unit, after…
Ghana Opens Doors for Oil Investment as Mahama Encourages Global Investors Amid…
Ghana’s former president, John Dramani Mahama, has urged international investors to consider the country’s oil and…
Tullow Ghana Resumes Gas Supply to Atuabo After FPSO Technical Glitch
Tullow Ghana has officially resumed gas exports to the Atuabo Gas Processing Plant after addressing a technical…
Nigeria’s Crude Oil Output Reaches 2-Month High, Still Below OPEC Quota
Nigeria's crude oil production saw a modest recovery in April, reaching a two-month high, but still fell short of…
Dangote Refutes Marketers’ Claims, Asserts Refinery’s Capacity to Meet…
The Dangote Petroleum Refinery has strongly countered accusations from oil marketers that it cannot meet Nigeria’s…
Seplat raises oil output to over 131,000bpd
Seplat Energy Plc has significantly increased its daily hydrocarbon production in the first quarter of 2025,…
Nigeria Sets Ambitious 2.5 Million Barrels Per Day Oil Production Target for NNPC…
The Nigerian federal government has set an ambitious target of increasing oil production to 2.5 million barrels…
Oil Prices Rebound 3% as Demand Grows in Europe, China and U.S. Output Slows
Oil prices bounced back sharply on Tuesday, climbing roughly 3%, following signs of stronger energy demand in…
Gencos Urge Urgent Meeting with Tinubu Over ₦4.7tn Power Sector Debt
Electricity generation companies (Gencos) are pressing for an immediate meeting with President Bola Tinubu over…
Finance Ministry Refutes N13 Billion Corruption Allegation in CNG Project
The Federal Ministry of Finance has strongly denied allegations of corruption tied to a N13 billion contract…
Oil Prices Plunge to Four-Year Low as OPEC+ Fast-Tracks Output Hikes
Oil prices took a sharp dive on Monday, slumping to levels not seen since early 2021. Both Brent crude and West…
CBN reforms reshape external sector amid diaspora inflows
Nigeria’s external sector is going through a serious transformation, with the Central Bank’s foreign exchange…
Tinubu approves plan to attract $122bn power investments
President Bola Tinubu has officially approved a bold new reform initiative for Nigeria’s power sector, signing off…
Nigeria Faces Economic Crisis as Oil Prices Dip Below $60, Threatening Fiscal…
Nigeria is facing a dual economic crisis as Brent crude oil prices plummet below $60 per barrel, sparking fears of…
Trade Tensions Shake Oil Market, Pressure Naira as Economic Worries Deepen
Global oil markets faced renewed turbulence in April as heightened trade tensions—particularly between the United…
Petrol Landing Cost Surpasses Dangote Refinery Price, Fuel Importers Struggle with…
The landing cost of Premium Motor Spirit (PMS), or petrol, has now reached an average of N870 per litre,…
NNPC Overhauls Leadership: Maryam Idrisu, Obioma Abangwu Appointed Amid Mass Staff…
The Nigerian National Petroleum Company (NNPC) Ltd has initiated a significant restructuring of its leadership,…
IMF Flags Ghana’s Energy Sector as Top Economic Risk, Urges Reform
The International Monetary Fund (IMF) has strongly backed Ghana’s Finance Minister’s warning that the country’s…
FCCPC asks Ibadan Disco to refund customers’ transformer investments
The Federal Competition and Consumer Protection Commission (FCCPC) has directed the Ibadan Electricity…
Nigeria’s Carbon Market Policy Set to Unlock $2.5 Billion by 2030, Drive Green…
President Bola Ahmed Tinubu has unveiled Nigeria’s newly finalised Carbon Market Activation Policy, projected to…
IOCs Undermine Nigerian Refineries by Dodging Local Crude Supply Mandates
Despite legal obligations under Nigeria’s Petroleum Industry Act (PIA), international oil companies (IOCs)…