Nigeria and other West African countries are stepping up efforts to create a more integrated regional energy…

The Federal Government has called for a West African fuel price benchmark that reflects the region’s own market…

Nigeria’s oil and gas sector may be entering a new chapter as regulators, industry operators and investors point to…

Nigeria’s domestic refining sector received a major boost in the second quarter of 2026, as 53.7 million barrels of…

China’s independent oil refiners, widely known as “teapots,” could be preparing to make a major return to the…

Nigeria is moving toward a major shift in its oil industry, with plans to refine all of its crude oil locally by…

Oil prices extended their sharp rally on Tuesday as hopes of a quick resolution to the crisis around the Strait of…

A fresh dispute has emerged between the Dangote Petroleum Refinery and the Nigerian Upstream Petroleum Regulatory…

Nigeria’s fuel subsidy could have ballooned to about ₦53 trillion and pushed the naira exchange rate to around…

Nigeria is taking fresh steps to address crude oil supply shortages to local refineries, as the Nigerian Midstream…

Oil prices could be heading for another sharp rise after Iran ruled out resuming direct negotiations with the…

Tensions around the Strait of Hormuz have taken another worrying turn after reports emerged that a tanker was…

Nigeria’s foreign exchange demand for oil-sector imports jumped by 114.91 per cent to $4.86bn in 2025, underscoring…

Nigeria’s fuel subsidy bill hit a staggering N1.16 trillion in 2021, as the Senate’s ongoing investigation into the…

India is turning increasingly to Nigeria for crude oil as growing tensions linked to the US-Iran crisis continue to…

The government’s GH¢2 per litre reduction in diesel prices will not result in a loss of government revenue,…

Dangote Petroleum Refinery has strengthened Nigeria’s position in the global energy market after emerging as…

The Federal Government is stepping up efforts to tackle Nigeria’s electricity challenges with the rollout of…

Seplat Energy is on course to complete the sale of a 10 per cent working interest in its joint venture with the…

Nigeria is positioning itself for a major boost in its oil and gas industry as the Federal Government, through the…

Aradel Holdings and Seplat Energy delivered exceptional financial performances in the first half of 2026,…

Dangote Refinery is accelerating its shift toward sourcing crude oil from across Africa as supplies from Nigeria…

Dangote Petroleum Refinery has announced another reduction in the ex-depot prices of Premium Motor Spirit (PMS),…

Nigeria’s renewed push to reclaim its position as one of Africa’s leading oil producers is facing an…

China has taken a significant step toward easing pressure on the global energy market by partially lifting the fuel…

China has taken a significant step toward easing pressure on the global energy market by partially lifting the fuel…

Africa's richest businessman, Aliko Dangote, is preparing for what could become the continent's largest stock…

Global oil prices suffered a sharp decline on Tuesday, with Brent crude falling below the $80-per-barrel mark for…

Nigeria's long-standing position as one of Europe's preferred crude oil suppliers is facing increasing pressure as…

French energy giant TotalEnergies has taken fresh legal action against Nigeria's tax authorities and the Nigerian…