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Category: Energy

Dangote Refinery Denies Importation of Finished PMS into Nigeria
BusinessEnergyLocal

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, describing the claims…

byayotilewaFebruary 10, 2026
Nigeria Needs $22 Billion to Expand Gas Pipeline Infrastructure – NNPC Gas Master Plan 2026
BusinessEnergyLocal

Nigeria Needs $22 Billion to Expand Gas Pipeline Infrastructure – NNPC Gas Master Plan 2026

Nigeria may need as much as $22 billion in new investments to develop critical gas pipeline infrastructure under the Nigerian…

byayotilewaFebruary 9, 2026
Why Nigeria’s Refineries Failed: NNPC CEO Blames Focus on Contracts Over Operations
BusinessEnergyLocal

Why Nigeria’s Refineries Failed: NNPC CEO Blames Focus on Contracts Over Operations

Nigeria’s state-owned refineries have struggled for decades because successive managers prioritized financing and engineering contracts over the actual running of…

byayotilewaFebruary 9, 2026
FG Strengthens Gas-to-Power Linkage to Boost Electricity Supply in Nigeria
BusinessEnergyLocal

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 broader strategy to…

byayotilewaFebruary 9, 2026
Petrol Prices Drop Along Lagos–Ibadan Expressway as Retailers Battle for Customers
BusinessEnergyLocal

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 retain customers, offering lower…

byayotilewaFebruary 9, 2026
How Nigeria Can Turn Gas into Power and Economic Growth – Experts Outline Path
BusinessEconomyEnergyLocal

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 action to turn…

byayotilewaFebruary 6, 2026
Kenya Opens 50 New Oil and Gas Blocks to Investors in H2 2026
BusinessEnergyLocal

Kenya Opens 50 New Oil and Gas Blocks to Investors in H2 2026

Kenya is making a bold push to rejuvenate its upstream oil and gas sector in 2026, aiming to attract fresh…

byayotilewaFebruary 6, 2026
Nigerian Oil Marketers Petition FCCPC Over Alleged Dangote Refinery Price Manipulation
BusinessEnergyLocal

Nigerian Oil Marketers Petition FCCPC Over Alleged Dangote Refinery Price Manipulation

A consortium of Nigerian downstream oil marketers has formally petitioned the Federal Competition and Consumer Protection Commission (FCCPC), urging the…

byayotilewaFebruary 6, 2026
Ghana Eyes Cheaper Fuel from Dangote Refinery as Nigeria Strengthens Its Status as Africa’s Energy Hub
BusinessEnergyLocal

Ghana Eyes Cheaper Fuel from Dangote Refinery as Nigeria Strengthens Its Status as Africa’s Energy Hub

Ghana is exploring ways to secure a more affordable fuel supply from Nigeria, leveraging the country’s growing position as a…

byayotilewaFebruary 6, 2026
Dangote Refinery Warns Coastal Fuel Logistics Could Push Petrol Prices to ₦1,000 Per Litre
BusinessEnergyLocal

Dangote Refinery Warns Coastal Fuel Logistics Could Push Petrol Prices to ₦1,000 Per Litre

Dangote Petroleum Refinery has warned that continued dependence on coastal logistics for fuel distribution could drive petrol pump prices as…

byayotilewaFebruary 6, 2026
Nigeria Saves N6 Trillion Through Downstream Oil Reforms, Eyes Export Market
BusinessEnergyLocal

Nigeria Saves N6 Trillion Through Downstream Oil Reforms, Eyes Export Market

Nigeria is making significant strides in reducing its dependence on imported petroleum products, thanks to sweeping reforms in the downstream…

byayotilewaFebruary 5, 2026
Sahara Group Drives Africa’s Energy Renaissance with Strategic Investments and Partnerships
BusinessEnergyLocal

Sahara Group Drives Africa’s Energy Renaissance with Strategic Investments and Partnerships

Sahara Group has once again underscored its dedication to Africa’s energy future at the 2026 Nigeria International Energy Summit (NIES)…

byayotilewaFebruary 5, 2026
Aradel Records Record N401 Billion Profit as Oil Investments Pay Off
BusinessEnergyLocal

Aradel Records Record N401 Billion Profit as Oil Investments Pay Off

Aradel Holdings has announced a record-breaking profit of N401 billion for 2025, marking a 54.9% increase from the previous year.…

byayotilewaFebruary 5, 2026
Nigeria Must Prioritize Cybersecurity to Protect Renewable Energy Systems
EnergyLocalTechnology

Nigeria Must Prioritize Cybersecurity to Protect Renewable Energy Systems

Nigeria’s transition to renewable energy is gaining momentum, but experts warn that the country’s clean energy ambitions could be at…

byayotilewaFebruary 5, 2026
Indigenous Oil Firms Dominate Nigeria’s Production After 70 Years of Foreign Control
BusinessEnergyLocal

Indigenous Oil Firms Dominate Nigeria’s Production After 70 Years of Foreign Control

For the first time in seven decades, Nigerian indigenous oil companies have overtaken international giants in national oil production, now…

byayotilewaFebruary 5, 2026
NNPC Targets Foreign Refinery Partners as Dangote Refinery Offers Lifeline
BusinessEnergyLocal

NNPC Targets Foreign Refinery Partners as Dangote Refinery Offers Lifeline

Nigeria’s long-troubled state-owned refineries may be heading for a fresh start as the Nigerian National Petroleum Company Limited (NNPC) opens…

byayotilewaFebruary 5, 2026
Africa Energy Bank to Mobilise $10bn Funding for Nigeria, Angola, Libya
BusinessEnergyInternational

Africa Energy Bank to Mobilise $10bn Funding for Nigeria, Angola, Libya

Africa is set for a major boost in oil and gas investment as the newly established African Energy Bank (AEB)…

byayotilewaFebruary 4, 2026
Nigeria to Power Africa’s Growth Through Gas: NNPC Unveils $60bn Investment Plan
BusinessEnergyLocal

Nigeria to Power Africa’s Growth Through Gas: NNPC Unveils $60bn Investment Plan

Nigeria is positioning itself as a key driver of Africa’s economic and industrial future by leveraging its abundant gas resources.…

byayotilewaFebruary 4, 2026
Tinubu: Reforms Drive $8bn FIDs and $10bn Capital Inflows in Nigeria’s Oil & Gas Sector
BusinessEnergyLocal

Tinubu: Reforms Drive $8bn FIDs and $10bn Capital Inflows in Nigeria’s Oil & Gas Sector

President Bola Tinubu has hailed recent reforms in Nigeria’s oil and gas sector as transformative, saying they have ended years…

byayotilewaFebruary 4, 2026
Epstein wanted to trade in Nigeria’s crude oil, but feared being defrauded
BusinessEnergyInternational

Epstein wanted to trade in Nigeria’s crude oil, but feared being defrauded

Newly released FBI documents reveal that Jeffrey Epstein, the disgraced financier, explored a business deal to trade Nigerian crude oil…

byayotilewaFebruary 4, 2026
Nigeria to Partner Global Allies on Clean Energy Transition — Tinubu
BusinessEnergyLocal

Nigeria to Partner Global Allies on Clean Energy Transition — Tinubu

President Bola Tinubu has reaffirmed Nigeria’s commitment to working with African countries, global allies, and the private sector to deliver…

byayotilewaFebruary 4, 2026
Nigeria Secures $18.2bn Oil Investments as 28 Field Development Plans Signal Sector Revival
BusinessEnergyLocal

Nigeria Secures $18.2bn Oil Investments as 28 Field Development Plans Signal Sector Revival

Nigeria recorded a major turnaround in its oil and gas sector in 2025, securing $18.2bn in fresh investments following the…

byayotilewaFebruary 4, 2026
Nigerians Warned of Epileptic Petrol Supply as Costs and Bank Debts Mount
BusinessEnergyLocal

Nigerians Warned of Epileptic Petrol Supply as Costs and Bank Debts Mount

Independent petrol marketers in Nigeria have cautioned that motorists may soon face an era of irregular or “epileptic” petrol supply.…

byayotilewaFebruary 3, 2026
Dangote Group Expands Gas Supply Deals with NNPC Subsidiaries to Boost Industrial Growth
BusinessEnergyLocal

Dangote Group Expands Gas Supply Deals with NNPC Subsidiaries to Boost Industrial Growth

Three key subsidiaries of Dangote Industries Limited—Dangote Petroleum Refinery, Dangote Fertiliser Plant, and Dangote Cement Plc—have expanded their Gas Sales…

byayotilewaFebruary 3, 2026
NNPC Remittance to FAAC Plunges 86%, Deepening Nigeria’s Oil Revenue Crisis
BusinessEconomyEnergyLocal

NNPC Remittance to FAAC Plunges 86%, Deepening Nigeria’s Oil Revenue Crisis

Nigeria’s oil revenue experienced a dramatic decline in 2025 as the Nigerian National Petroleum Company (NNPC) delivered only N604.61 billion…

byayotilewaFebruary 3, 2026
Nigeria’s Refiners Struggle Amid Crude Shortages Despite 306 Million Barrels Exported in 2025
BusinessEnergyLocal

Nigeria’s Refiners Struggle Amid Crude Shortages Despite 306 Million Barrels Exported in 2025

Local oil refiners in Nigeria continue to grapple with persistent crude shortages, even as the country exported an estimated 306…

byayotilewaFebruary 3, 2026
Lokpobiri: Only Foreign Firms Can Handle Offshore Exploration in Nigeria
BusinessEnergyLocal

Lokpobiri: Only Foreign Firms Can Handle Offshore Exploration in Nigeria

Nigeria’s Minister of State for Petroleum Resources, Heineken Lokpobiri, has stated that local companies currently do not have the capacity…

byayotilewaFebruary 3, 2026
Regulatory Gaps Driving Away African Energy Investors, Warns NUPRC Boss
EnergyinvestmentLocal

Regulatory Gaps Driving Away African Energy Investors, Warns NUPRC Boss

Regulatory inconsistencies across African countries are threatening to scare off energy investors, the Chief Executive of the Nigerian Upstream Petroleum…

byayotilewaFebruary 3, 2026
Nigerian Engineers Prove Global Capability with Egina, Ikike Projects – TotalEnergies
BusinessEnergyLocal

Nigerian Engineers Prove Global Capability with Egina, Ikike Projects – TotalEnergies

Nigeria’s Egina deepwater and Ikike shallow-water oil projects have emerged as strong evidence that Nigerian engineers, contractors, and service providers…

byayotilewaFebruary 3, 2026
Nigeria Oil Exports to Drop as Bonga FPSO Undergoes Scheduled Maintenance
BusinessEconomyEnergyLocal

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 Offloading (FPSO) facility…

byayotilewaFebruary 2, 2026

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