NNPC, PETROAN Push for Technical and Equity Partnership to Revive Port Harcourt Refinery
Oil marketers under the Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) have called on the Federal Government to…
Category: Energy
Dangote Alleges NUPENG Truck Levies Fuel Nigeria’s Pump Price Hikes
Africa’s richest man and President of the Dangote Group, Aliko Dangote, has accused the Nigerian Union of Petroleum and Natural…
Nigeria Supplies 67.6 Million Barrels of Crude to Local Refineries, But Demand Still Outpaces Supply
The Federal Government says it delivered over 67.6 million barrels of crude oil to Nigeria’s domestic refineries between January and…
Experts Divided Over NERC’s Net Billing Plan: Nigeria’s Solar Energy Future at a Crossroads
Energy experts are divided over the Nigerian Electricity Regulatory Commission’s (NERC) proposed net billing plan, a regulation that would allow…
Nigeria’s Crude Oil Output Falls Below OPEC Quota in August, Reversing Gains from June and July
Nigeria’s crude oil production slipped below its OPEC quota in August 2025, reversing two months of gains that had briefly…
DAPPMAN Refutes Dangote Refinery Claims, Attributes Petrol Price Drop to Naira Strength and Global Oil Trends
Nigeria’s Depot and Petroleum Products Marketers Association (DAPPMAN) has pushed back against the Dangote Refinery and Petrochemicals Company, rejecting claims…
Nigeria Attracts $18.2 Billion in Upstream Oil & Gas Investments Through Competitive Reforms – NUPRC
Nigeria’s upstream oil and gas sector has secured a massive $18.2 billion in investment commitments, thanks to the government’s ongoing…
OGTAN Champions Human Capacity Development as Key to Nigeria’s Energy Future
The Oil and Gas Trainers Association of Nigeria (OGTAN) has reinforced its dedication to developing industry-ready skills to strengthen Nigeria’s…
Dangote Refinery Exports First Petrol Shipment to U.S., Signaling Nigeria’s Rise in Global Fuel Market
Nigeria’s 650,000-barrel-per-day Dangote Refinery has exported its first petrol (gasoline) shipment to the United States, a landmark development for Africa’s…
Dangote Group Eyes Global Leadership in Urea Fertiliser Exports by 2026, Unveils CNG Fleet to Create 24,000 Jobs
Nigeria is set to emerge as a global force in fertiliser and petrochemicals as the Dangote Group targets becoming the…
Presidency Reassures Nigerians Over Oil JV Divestment Amid Atiku’s Warnings on Energy Security
The Nigerian Presidency has pushed back against former Vice President Atiku Abubakar’s concerns regarding potential divestment in key oil and…
Fuel Prices in Ghana to Rise from September 16: Diesel Up 9.4%, Petrol 4%, LPG 7.6% – COPEC
Ghanaians should brace for another round of fuel price hikes from Tuesday, September 16, 2025, as the second pricing window…
Dangote Group Denies Allegations of Cheaper Petrol Sales in Togo Amid Pricing Dispute with Nigerian Marketers
The Dangote Group has firmly denied accusations that its multibillion-dollar refinery in Nigeria sells petrol to international traders in Togo…
Nigeria’s Crude Oil Earnings Drop by N3.18tn Despite 12.7% Production Surge
Nigeria’s crude oil export earnings fell sharply by N3.18 trillion in the first half of 2025, even as the country…
Afreximbank, MDGIF Sign $500m Deal to Boost Nigeria’s Gas Infrastructure and Cut Emissions
Nigeria’s gas sector received a major boost at the weekend as the African Export-Import Bank (Afreximbank) and the Midstream and…
COMAC Urges Government to Stabilise Cedi to Prevent Fuel Price Increases in Ghana
The Chamber of Oil Marketing Companies (COMAC) has called on the government to intensify efforts to stabilise the cedi to…
Dangote Rolls Out 1,000 CNG Trucks to Slash Fuel Prices, IPMAN Mobilises Marketers Across Nigeria
In a major move set to reshape Nigeria’s fuel market, the Dangote Petroleum Refinery on Monday deployed over 1,000 Compressed…
Lagos Residents React to Proposed 5% Fuel Tax: Concerns Over Costs and Transparency
The proposed 5% fuel tax on petrol and diesel has sparked mixed reactions across Lagos, as Nigerians debate the potential…
Dangote Refinery Denies NUPENG Allegations, Pledges 60,000 Jobs and Cheaper Fuel in Nigeria’s Energy Transition
Dangote Petroleum Refinery has rejected allegations by the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG), reaffirming its commitment…
Nigerian Equities Market Adds ₦191 Billion as Investor Confidence Strengthens
The Nigerian stock market extended its winning streak on Thursday as investors continued to show renewed confidence. The market gained…
Nigeria Achieves Record Drop in Crude Oil Losses to 9,600 Barrels per Day, Says NUPRC
Nigeria’s upstream oil sector has reached a historic milestone, slashing daily crude oil losses to just 9,600 barrels per day…
Global Leaders Eye $800 Billion Gulf of Guinea Investment at UNGA Forum
Global business and diplomatic leaders are converging in New York this week as the 80th United Nations General Assembly kicks…
NNPC Calls on Global Investors to Unlock Nigeria’s Untapped Oil and Gas Potential
The Nigerian National Petroleum Company Limited (NNPC) has urged international investors to explore Nigeria’s vast energy sector, highlighting untapped opportunities…
NUPRC Approves $4.4 Billion Oilfield Decommissioning Plans, Secures $400 Million Ahead of Divestments
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has approved 94 Decommissioning and Abandonment (D&A) plans since April 2023, covering liabilities…
Oil Prices Slip Amid U.S. Demand Concerns and OPEC+ Output Rise
Global oil prices eased on Thursday as traders weighed signs of weakening U.S. demand against mounting concerns about oversupply. Brent…
Nigeria Labour Congress Demands Power Sector Audit After Nationwide Grid Collapse
The Nigeria Labour Congress (NLC) has called on the Federal Government to immediately conduct a comprehensive audit of the country’s…
Tinubu Launches Energy Reforms to End Power Crisis in Nigerian Hospitals
President Bola Ahmed Tinubu has unveiled a comprehensive energy reform plan designed to end the recurring power supply crisis in…
Chinese Firm Fuhai Energy to Invest $2.1 Billion in Bauchi Petrochemical Hub, Promising 50,000 Jobs
A major investment deal is set to transform Bauchi State’s economy, as Chinese company Fuhai Energy Group Company Limited has…
Nigeria Faces Fiscal Pressure as OPEC+ Oil Output Surge Threatens Budget Benchmarks
Nigeria is bracing for renewed fiscal strain after OPEC+ announced it would accelerate oil production increases, a move that could…
CEMSE Urges Government to Scrap BOST Margin as Fuel Prices Squeeze Ghanaians
The Centre for Environmental Management and Sustainable Energy (CEMSE) is calling on government to immediately abolish the Bulk Oil Storage…