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Energy
Dangote Refinery Says Petrol, Diesel Prices Are Being Subsidised Amid Rising Crude…
A senior official of the Dangote Group has disclosed that the Dangote Petroleum Refinery is currently subsidising…
Nigeria Crude Oil Production Hits Five-Year High at 1.71 Million BPD — NNPC…
Nigeria’s crude oil production has climbed to 1.71 million barrels per day between April 2025 and April 2026,…
Dangote Refinery Expansion to Create 95,000 Jobs as Capacity Hits 1.4 Million…
Aliko Dangote, President of the Dangote Group, has announced that the ongoing expansion of the Dangote…
Global Gas Pricing Boosts Nigeria LNG Expansion Amid Underinvestment Challenges
Global gas pricing trends are creating new opportunities for gas-producing nations, with Nigeria emerging…
Europe Emerges as Key Buyer of U.S. Strategic Petroleum Reserve Oil Amid Global…
Europe has become a major destination for oil released from the U.S. Strategic Petroleum Reserve (SPR), as global…
NNPC Denies Selling Refinery Scrap, Warns Public Against Fraudulent Claims
The Nigerian National Petroleum Company Limited (NNPC) has dismissed reports circulating online and in some circles…
NUPRC Urges Local Refiners to Acquire Oil Blocks to Strengthen Crude Supply Chain
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has encouraged members of the Crude Oil Refinery…
Nigeria’s Crude Oil Prices Surge Above $113 as Iran Crisis Disrupts Global Supply
Nigeria’s crude oil grades have rallied sharply as tensions in the Middle East continue to disrupt global energy…
Dangote Targets East Africa With 650,000bpd Refinery Expansion Plan
Africa’s richest man, Aliko Dangote, has announced plans to construct a new 650,000 barrels-per-day refinery in…
NUPRC Appeals Court Ruling Over Dawes Island: Nigeria Moves to Protect Oil…
Nigeria’s upstream oil regulator, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), has taken…
Lithium Supply Tightens as Prices Collapse and EV Demand Slows – Global Deficit…
Lithium markets are heading toward a potential supply squeeze as analysts warn that a global deficit could emerge…
Dangote Refinery Aviation Fuel Exports Hit 1.1 Billion Litres to Europe as Nigeria…
The Dangote Refinery and Petrochemicals has been described as a major stabilising force in Nigeria’s aviation…
Oil price surge to $105 per barrel amid escalating Iran-US tensions over Strait of…
Oil prices climbed sharply to over $105 per barrel on Thursday, reversing earlier losses as renewed…
Sierra Leone Signs $225 Million Offshore Oil Deal with Marginal Energy to Boost…
Sierra Leone has taken a major step toward revitalizing its oil and gas industry, signing a $225 million offshore…
Investors Shift to State-Led Power Deals in Nigeria’s Electricity Market
Investors are quietly changing how they approach Nigeria’s long-struggling electricity sector, opting for state-led…
Oil Price Stabilizes at $95 as Middle East Tensions Push Markets Into Structural…
Global oil markets are once again under pressure as geopolitical tensions in the Middle East flare up,…
Oil Prices Slip Slightly as U.S.-Iran Tensions Stall Talks and Disrupt Strait of…
Global oil markets experienced a slight pullback on Thursday as geopolitical tensions between the United…
Nigeria Gas Sector Investment Hinges on Regulatory Clarity, Says NGA
The Nigerian Gas Association (NGA) has stressed that regulatory clarity, consistent policy implementation, and…
Africa Needs Two More Dangote-Scale Refineries to Close Fuel Import Gap – AFC…
Africa will need at least two more refineries the size of the Dangote Refinery to keep up with its…
DisCos Remit N77.99bn in Q4 2025 as Performance Drops to 91.19% – NERC Report
Nigeria’s electricity distribution companies (DisCos) remitted a total of N77.99 billion in the fourth quarter of…
Two Decades of Erha Field: How Nigeria’s Deepwater Giant Built Long-Term Value in…
Two decades after first oil flowed from the Erha Field in Offshore Nigeria’s OML 133, the project is being…
NNPC Crude Supply to Dangote Refinery Surges Past 1 Billion Barrels in April 2026
Crude oil supply from the Nigerian National Petroleum Company Limited (NNPC) surged significantly in April…
Skills Gap Threatens Nigeria Oil Sector Growth, Says NUPRC Amid Industry…
Nigeria’s oil and gas industry is facing a growing threat that could slow its long-term development—not a shortage…
Dangote Refinery Imposes ₦500,000 Daily Penalty on Trucks to Ease Congestion
Dangote Petroleum Refinery and Petrochemicals has rolled out a strict penalty policy targeting trucks that fail to…
Nigeria Expands Mini-Grid Power Market as Regulatory Clashes Raise Investment…
Nigeria’s electricity sector is entering a major structural shift as updated mini-grid regulations broaden the…
Dangote Refinery to Begin Crude Production as Upstream Output Testing Starts
The Dangote Group has announced a major step forward in its upstream expansion, confirming that it has achieved…
Iran–Israel Conflict Exposes Nigeria’s Weak Economic Shock Response Toolkit as Oil…
Security, economic, and policy analysts have warned that the ongoing Iran–Israel–US conflict is exposing serious…
Top 10 African Countries with the Cheapest Diesel Prices in April 2026: Niger…
Across Africa, diesel prices in April 2026 reveal a sharp divide between countries able to keep fuel affordable and…
Nigeria Exports 55.39 Million Barrels of Crude as Dangote Refinery Faces Severe…
Nigeria exported a total of 55.39 million barrels of crude oil in the first two months of 2026, even as its largest…
Petrol Price Drop in Nigeria Uncertain as Strait of Hormuz Crisis Deepens
Hopes for a significant petrol price drop in Nigeria have faded following renewed tensions in the Strait of Hormuz,…