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Category: Energy

Nigeria Underperforms OPEC Oil Quota for Sixth Straight Month Despite January Output Increase
BusinessEnergyLocal

Nigeria Underperforms OPEC Oil Quota for Sixth Straight Month Despite January Output Increase

Nigeria has once again fallen short of its crude oil production target set by the Organisation of the Petroleum Exporting…

byayotilewaFebruary 13, 2026
NNPC Warns of Power Dip as Seplat Shuts Gas Plant for Maintenance
BusinessEnergyLocal

NNPC Warns of Power Dip as Seplat Shuts Gas Plant for Maintenance

The Nigerian National Petroleum Company Limited (NNPC Ltd) has issued a power dip warning following the planned shutdown of a…

byayotilewaFebruary 12, 2026
Africa Must Unite to Unlock Energy Potential, Says NCDMB Executive Secretary
BusinessEnergyLocal

Africa Must Unite to Unlock Energy Potential, Says NCDMB Executive Secretary

Africa’s energy sector could reach new heights if countries across the continent work together, according to Felix Ogbe, Executive Secretary…

byayotilewaFebruary 12, 2026
Nigeria’s Crude Oil Output Rises to 1.459 Million BPD in January 2026 Amid Ongoing Challenges
BusinessEnergyLocal

Nigeria’s Crude Oil Output Rises to 1.459 Million BPD in January 2026 Amid Ongoing Challenges

Nigeria’s crude oil production rose to 1.459 million barrels per day (bpd) in January 2026, reinforcing its position as Africa’s…

byayotilewaFebruary 12, 2026
Dangote Refinery Receives 250,000MT of Crude and Feedstocks Amid Import Clarifications
BusinessEnergyLocal

Dangote Refinery Receives 250,000MT of Crude and Feedstocks Amid Import Clarifications

Dangote Petroleum Refinery and Petrochemicals has taken delivery of approximately 250,000 metric tonnes of crude oil and intermediate feedstocks at…

byayotilewaFebruary 12, 2026
Shared Gas Infrastructure Key to Africa’s Industrial Growth, Says NNPC
BusinessEnergyLocal

Shared Gas Infrastructure Key to Africa’s Industrial Growth, Says NNPC

The Nigerian National Petroleum Company Limited (NNPC Ltd) has emphasised that shared gas infrastructure in Africa is vital to unlocking…

byayotilewaFebruary 12, 2026
Dangote Refinery Hits Full Capacity of 650,000 bpd, Boosting Nigeria’s Energy Security
BusinessEnergyLocal

Dangote Refinery Hits Full Capacity of 650,000 bpd, Boosting Nigeria’s Energy Security

The Dangote Petroleum Refinery has officially reached its full nameplate capacity of 650,000 barrels per day (bpd), marking a historic…

byayotilewaFebruary 12, 2026
NUPRC Launches 2025 Oil Licensing Round to Attract Global Investors
BusinessEnergyLocal

NUPRC Launches 2025 Oil Licensing Round to Attract Global Investors

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has called on global investors to seize opportunities in its 2025 oil and…

byayotilewaFebruary 11, 2026
Crude Oil Nears $70 Amid US-Iran Tensions, Sparking Global Market Volatility
BusinessEnergyInternational

Crude Oil Nears $70 Amid US-Iran Tensions, Sparking Global Market Volatility

Crude oil prices surged toward $70 per barrel this week, climbing from $67 last week, as escalating tensions between the…

byayotilewaFebruary 11, 2026
Dangote Reduces Petrol Price by N25 per Litre to Boost Local Refinery Competitiveness
BusinessEnergyLocal

Dangote Reduces Petrol Price by N25 per Litre to Boost Local Refinery Competitiveness

Dangote Petroleum Refinery has announced a significant reduction in its petrol prices, slashing the gantry price of Premium Motor Spirit…

byayotilewaFebruary 11, 2026
Dangote Cuts Petrol Price to N774 per Litre, Expands Investment Drive to Burundi
BusinessEnergyinvestmentLocal

Dangote Cuts Petrol Price to N774 per Litre, Expands Investment Drive to Burundi

Dangote Petroleum Refinery has reduced its petrol price by N25 per litre, lowering the ex-depot rate from N799 to N774…

byayotilewaFebruary 11, 2026
Nigeria’s Oil Price Falls Below $69 Amid Rising US-Iran Tensions
BusinessEnergyLocal

Nigeria’s Oil Price Falls Below $69 Amid Rising US-Iran Tensions

Nigeria’s top-grade Bonny Light crude traded at $68.8 per barrel on Tuesday, marking a notable decline amid rising geopolitical tensions…

byayotilewaFebruary 10, 2026
Fuel Import Permits to Resume: Nigerian Marketers Optimistic Amid Dangote Refinery Supply Dip
BusinessEnergyLocal

Fuel Import Permits to Resume: Nigerian Marketers Optimistic Amid Dangote Refinery Supply Dip

Petroleum marketers in Nigeria have expressed renewed optimism following indications from the Nigerian Midstream Downstream Petroleum Regulatory Authority (NMDPRA) that…

byayotilewaFebruary 10, 2026
Tem Raises $75M to Transform Electricity Markets Using AI
EnergyInternationalTechnology

Tem Raises $75M to Transform Electricity Markets Using AI

London-based startup Tem is tackling one of the modern energy sector’s biggest challenges: rising electricity costs driven by AI data…

byayotilewaFebruary 10, 2026
Dangote Refutes Petrol Import Claims, Blames Economic Saboteurs for Misleading Reports
BusinessEnergyLocal

Dangote Refutes Petrol Import Claims, Blames Economic Saboteurs for Misleading Reports

Dangote Refinery has firmly rejected claims that it imports finished petrol into Nigeria, describing the narrative as false and driven…

byayotilewaFebruary 10, 2026
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

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