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Energy
NNPC Leads Petrol Price Surge in Nigeria Amid Looming Fuel Scarcity
The price of Premium Motor Spirit (PMS), commonly known as petrol, has surged sharply across Nigeria, sparking…
Dangote Refinery vs Importers: Petrol Price Debate Amid US-Iran Tensions
Amid escalating tensions in the Middle East, Nigeria is witnessing a sharp debate over petrol prices as the Dangote…
Asia Markets Edge Higher Amid Iran Conflict Concerns and Oil Price Volatility
Asia-Pacific markets mostly rose on Friday as investors cautiously assessed the impact of escalating tensions in…
Dangote Refinery Absorbs 20% Crude Cost Surge to Stabilise Petrol Supply in…
Nigeria’s largest refining facility, the Dangote Petroleum Refinery & Petrochemicals, has assured Nigerians…
Finance and Technology Key to Unlocking Nigeria’s Gas Potential – Industry Leaders
Industry experts have stressed that stronger financing frameworks, strategic infrastructure investment, and the…
Report: Rising oil prices will improve current account balances of Nigeria, Ghana
A surge in global oil prices triggered by the escalating conflict involving the United States, Israel and Iran…
Oil Prices Surge Amid Middle East Tensions, Strait of Hormuz Supply at Risk
Oil prices surged sharply on Wednesday as escalating tensions in the Middle East disrupted global energy supplies,…
Oil Price Surges to $84 Per Barrel, Surpassing Nigeria’s 2026 Benchmark Amid…
Crude oil prices soared on Thursday, reaching $84 per barrel, the highest level in 2026, well above Nigeria’s…
Cooking Gas Price Soars 40% to N1,400 per KG Amid Middle East Crisis
The price of cooking gas in Nigeria has surged sharply, jumping 40 percent to N1,400 per kilogram, following…
US-Iran Conflict Sparks UK Fuel Crisis While Nigeria Secures Supply with Dangote…
Motorists across Britain are facing long queues and empty pumps as fears of an oil shortage escalate amid the…
Nigerian Crude Oil Surges Past $80 Amid Middle East Tensions – Highest Since 2024
Nigerian crude oil prices have climbed past $80 per barrel, marking the highest levels since mid-2024. The spike…
Nigeria’s Path to Global Oil Leadership: Strategic Measures Highlighted by…
The Society of Petroleum Engineers Nigeria (SPEN) has urged swift action, resilience in coordination, and…
Higher Oil Prices Not Nigeria’s Opportunity: Gas Shock and Strait of Hormuz Risk…
Higher oil prices are once again dominating global headlines, but they may not represent the opportunity many…
Indigenous Operators Drive Nigeria’s Oil Production Ambitions
Nigeria’s upstream oil and gas sector is undergoing a pivotal transformation as indigenous operators move from…
Oil Prices Spike Toward $85 as Global Supply Risks Intensify
Global oil prices rallied sharply on Tuesday, with Brent crude climbing above $84 per barrel amid escalating…
ANOH Gas Delivers First Gas to NLNG, Marks Start of Full Commercial Operations
ANOH Gas Processing Company (AGPC) has officially delivered its first batch of processed natural gas to Nigeria LNG…
Saudi Aramco Shuts Ras Tanura Refinery After Iran Drone Strikes, Global Oil Supply…
Saudi Arabia’s state oil giant, Saudi Aramco, has temporarily shut down its Ras Tanura refinery, one of the world’s…
Oil Prices Surge to $80 Amid Widening US-Israel Conflict With Iran, Raising Supply…
Oil prices continued their sharp climb on Tuesday, reflecting growing fears of supply disruptions as the US-Israel…
Petrol Prices Could Hit ₦1,000/Litre as Dangote Refines Strategy Amid Global Oil…
The price of Premium Motor Spirit (PMS), commonly known as petrol, may soon reach between ₦980 and over ₦1,000 per…
European Markets Slide as U.S.-Iran Conflict Escalates, Oil Prices Surge
European markets are set to open sharply lower on Tuesday as rising geopolitical tensions in the…
Crude-Backed Loans Tie Up N8.36tn of Nigeria’s 2025 Oil Revenue
Nigeria’s crude oil production in 2025 saw nearly 15% of output effectively pre-committed to servicing crude-backed…
Dangote Refinery Appoints Stanbic IBTC, Vetiva, and First Capital for…
The Dangote Group has officially appointed Stanbic IBTC Capital, Vetiva Capital Management, and First Capital as…
Oil Prices Surge Toward $80 Amid Middle East Tensions – Global Markets on Edge
Oil prices surged sharply on Monday as escalating military tensions between the United States, Israel, and Iran…
OPEC+ Raises Oil Production Amid Middle East Tensions, Markets Watch Strait of…
Key members of OPEC+ have announced a higher-than-expected increase in oil production quotas, raising the stakes…
Dangote Port Sparks Nigeria’s Revival as a Global Fuel Exporter
Nigeria’s long-standing paradox of being Africa’s largest crude producer yet a major fuel importer is quietly…
Dangote Refinery to Supply 65 Million Litres of Petrol Daily, Boosting Nigeria’s…
The Dangote Petroleum Refinery has entered a landmark offtake agreement with 12 major and independent oil marketers…
TotalEnergies Launches 5MW Solar Plant at OML 58 to Boost Nigeria’s Clean Energy…
TotalEnergies Marketing Nigeria Plc has revealed plans to inaugurate a five-megawatt (5MW) solar power plant at OML…
Nigerian Crude Surges Past $70 as Geopolitical Tensions Boost Oil Prices
Nigerian crude oil has climbed above $70 per barrel, exceeding the Federal Government’s 2026 budget benchmark of…
West African Regulators Must Harmonise Refinery Rules to Boost Energy Security
West African energy regulators face growing pressure to harmonise refinery standards and investment frameworks as…
Dangote Refinery Achieves Fuel Self-Sufficiency, Set to Supply 65 Million Litres…
Nigeria’s energy landscape is entering a new era as Dangote Petroleum Refinery & Petrochemicals announces it…