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Energy
CBN Injects $1.25 Billion into Fuel Imports Despite Dangote Refinery Output
The Central Bank of Nigeria (CBN) has released a total of $1.25 billion to support the importation of petroleum…
Nigeria Poised to Achieve Gas Flare-Out by 2030, Says NUPRC
Nigeria is making significant strides toward eliminating gas flaring by 2030, the Nigerian Upstream Petroleum…
Nigeria Imports 15 Billion Litres of Petrol Despite Dangote Refinery’s Rising…
Nigeria imported nearly 15.01 billion litres of petrol between August 2024 and early October 2025, accounting for…
Nigeria to Seek OPEC Approval for 2 Million Barrels Daily Oil Quota as Output…
Nigeria is set to request the Organisation of Petroleum Exporting Countries (OPEC) to approve an increase in its…
Dangote Plans to List 10% Stake in $20bn Refinery on NGX to Attract Global…
Africa’s richest man, Aliko Dangote, has revealed plans to sell between five and 10 percent of the Dangote…
NNPC Remits over N10tn to Federation in 8 Months, Records N4.2tn Revenue in August
The Nigerian National Petroleum Company Limited (NNPC) has remitted a staggering N10.073 trillion to the Federation…
Nigeria’s Oil Sector Struggles as FIRS Drives Government Revenue to N31.38…
Nigeria’s oil sector continues to underperform, putting pressure on the country’s overall revenue growth, even as…
Dangote Plans to Double Refinery Capacity to 1.4 Million Barrels Per Day with…
Africa’s richest man, Aliko Dangote, has unveiled bold plans to expand the Dangote Refinery from its current…
Petrol Imports Still Dominate Nigeria’s Fuel Supply Despite Dangote Refinery Boost
Nigeria consumed a total of 613.6 million litres of petrol between October 2024 and October 10, 2025, with imported…
EU Plans Complete Phase-Out of Russian Gas by 2028 to Curb Moscow’s War Funding
The European Union has formally committed to ending all Russian gas imports by January 1, 2028, marking a major…
Shell Urges Nigeria to Boost Investments and Infrastructure for Gas…
Nigeria’s gas sector holds immense promise for economic growth and industrialisation, but sustained efforts are…
FG Secures $1 Billion Private Investment to Expand Nigeria’s CNG Sector
The Federal Government of Nigeria has successfully secured a $1 billion private investment aimed at expanding the…
Dangote Refinery Challenges Marketers as 310 Million Litres of Petrol Await…
As petrol prices continue to soar across Nigeria, the Dangote Refinery has thrown an open challenge to fuel…
$42.37bn under-remittance: FG extends NNPCL probe to Dec 2024
The Federal Government has extended its ongoing investigation into alleged under-remittances by the Nigerian…
NNPC Stresses Strategic Partnerships as Key Driver for Nigeria’s Downstream Oil…
The Nigerian National Petroleum Company Limited (NNPCL) has reaffirmed that forming strong strategic alliances is…
FG Launches CNG Vehicle Monitoring System to Boost Safety and Investment in Gas…
The Federal Government has officially launched the Nigerian Gas Vehicle Monitoring System (NGVMS) — a new digital…
The real reason Google DeepMind is working with a fusion energy startup
In a groundbreaking move that could reshape the future of clean energy, Google DeepMind has partnered with…
Nigeria’s Oil Output Reaches 454 Million Barrels in Nine Months Despite…
Nigeria’s crude oil and condensate production climbed to 454.28 million barrels between January and September…
Petrol Prices Surge to N1,000 Despite Cheaper Crude and Stronger Naira: What…
Nigerians are facing a new shock at the fuel pump as petrol prices jump from around N865 per litre to nearly…
Dangote Refinery Targets 600 Million Litres Monthly to Ease Petrol Shortages in…
Independent petroleum marketers have confirmed that the Dangote Petroleum Refinery is set to release up to 600…
Nigeria Targets 600,000 Barrels Daily Boost as NUPRC Approves $18.2bn Oil Projects
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced that fresh oil and gas investments in…
Brent Crude Plunges 6% Amid US-China Trade Tensions, Struggles to Hold $62 Per…
Global oil markets are facing renewed pressure as Brent crude prices fell more than 6% in October, struggling to…
IMF Raises Nigeria’s 2025 Growth Forecast to 3.9% Amid Oil Gains and Investor…
The International Monetary Fund (IMF) has revised Nigeria’s 2025 economic growth forecast upward to 3.9%, citing a…
PMI Applauds Dangote Refinery as Global Benchmark for Project Excellence
The Dangote Petroleum Refinery has received high praise from the Project Management Institute (PMI) for its…
Nigeria’s Oil Production Drops to 1.39 Million BPD in September Amid Strikes and…
Nigeria’s crude oil output fell to 1.39 million barrels per day (bpd) in September 2025, marking the second…
Nigeria’s Crude Oil Output Drops to 1.39mbpd, Petrol Prices Surge Amid Supply…
Nigeria’s crude oil production fell to 1.39 million barrels per day (mbpd) in September 2025, marking the second…
NUPRC Denies Crude Oil Shortage Claims, Says Refiners Rejected 11 Domestic Cargoes
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has refuted claims of crude oil shortages raised by…
Dangote Warns Monopoly Claims Could Hinder Local Investment in Nigeria’s Petroleum…
Africa’s richest man, Aliko Dangote, has cautioned that persistent accusations of monopoly in Nigeria’s petroleum…
Nigeria’s Crude Oil Output Falls to 1.39 Million Barrels per Day in September Amid…
Nigeria’s crude oil production dropped to 1.39 million barrels per day (mbpd) in September 2025, marking the…
Nigerian Oil Stabilizes at $67 Amid Easing U.S.-China Tensions and Domestic…
Nigerian crude oil prices stabilized near $67 per barrel this week as global markets showed signs of recovery…