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Energy
NNPC Battles Dangote Refinery in Court, Warns Against Fuel Market Monopoly
The Nigerian National Petroleum Company Limited (NNPC) has strongly opposed the lawsuit filed by Dangote Petroleum…
Seplat Energy Targets Expansion, Approves 2025 Dividend Amid Record Production…
Seplat Energy Plc has entered a bold new phase of expansion, combining strong financial performance with an…
Chinese Investors May Acquire 51% Stake in Port Harcourt and Warri Refineries as…
Nigeria is considering a major shift in its downstream oil sector that could see Chinese investors take a…
Oil Asset Security in Niger Delta Gets Boost as Youth Employment Programs Reduce…
For years, oil-producing communities in Nigeria’s Niger Delta have faced a difficult cycle of unemployment,…
Crude Oil Prices Drop on US–Iran Peace Deal Signals as Markets React to…
Global oil prices slipped on Thursday as optimism grew over a possible breakthrough in peace negotiations between…
Seplat Energy Targets $1bn Dividend Payout as Production Goal Hits 200,000 Barrels…
Seplat Energy has set an ambitious goal to reward its shareholders with a $1 billion dividend payout within the…
Nigeria-UK Trade Hits £7.6bn as Crude Oil Exports Strengthen Economic Ties in 2025
Nigeria’s trade relationship with the United Kingdom recorded a major boost in 2025, reaching a total value of…
Oil Prices Slip to $105 as US–Iran Peace Talks Ease Middle East Tensions
Global oil prices slipped on Wednesday as Brent crude fell to $105 per barrel, reflecting growing optimism…
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…