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Energy
ANOH Gas Delivers First Gas to NLNG, Marks Start of Full Commercial Operations
ANOH Gas Processing Company (AGPC) has officially delivered its first batch of processed natural gas to Nigeria LNG…
Saudi Aramco Shuts Ras Tanura Refinery After Iran Drone Strikes, Global Oil Supply…
Saudi Arabia’s state oil giant, Saudi Aramco, has temporarily shut down its Ras Tanura refinery, one of the world’s…
Oil Prices Surge to $80 Amid Widening US-Israel Conflict With Iran, Raising Supply…
Oil prices continued their sharp climb on Tuesday, reflecting growing fears of supply disruptions as the US-Israel…
Petrol Prices Could Hit ₦1,000/Litre as Dangote Refines Strategy Amid Global Oil…
The price of Premium Motor Spirit (PMS), commonly known as petrol, may soon reach between ₦980 and over ₦1,000 per…
European Markets Slide as U.S.-Iran Conflict Escalates, Oil Prices Surge
European markets are set to open sharply lower on Tuesday as rising geopolitical tensions in the…
Crude-Backed Loans Tie Up N8.36tn of Nigeria’s 2025 Oil Revenue
Nigeria’s crude oil production in 2025 saw nearly 15% of output effectively pre-committed to servicing crude-backed…
Dangote Refinery Appoints Stanbic IBTC, Vetiva, and First Capital for…
The Dangote Group has officially appointed Stanbic IBTC Capital, Vetiva Capital Management, and First Capital as…
Oil Prices Surge Toward $80 Amid Middle East Tensions – Global Markets on Edge
Oil prices surged sharply on Monday as escalating military tensions between the United States, Israel, and Iran…
OPEC+ Raises Oil Production Amid Middle East Tensions, Markets Watch Strait of…
Key members of OPEC+ have announced a higher-than-expected increase in oil production quotas, raising the stakes…
Dangote Port Sparks Nigeria’s Revival as a Global Fuel Exporter
Nigeria’s long-standing paradox of being Africa’s largest crude producer yet a major fuel importer is quietly…
Dangote Refinery to Supply 65 Million Litres of Petrol Daily, Boosting Nigeria’s…
The Dangote Petroleum Refinery has entered a landmark offtake agreement with 12 major and independent oil marketers…
TotalEnergies Launches 5MW Solar Plant at OML 58 to Boost Nigeria’s Clean Energy…
TotalEnergies Marketing Nigeria Plc has revealed plans to inaugurate a five-megawatt (5MW) solar power plant at OML…
Nigerian Crude Surges Past $70 as Geopolitical Tensions Boost Oil Prices
Nigerian crude oil has climbed above $70 per barrel, exceeding the Federal Government’s 2026 budget benchmark of…
West African Regulators Must Harmonise Refinery Rules to Boost Energy Security
West African energy regulators face growing pressure to harmonise refinery standards and investment frameworks as…
Dangote Refinery Achieves Fuel Self-Sufficiency, Set to Supply 65 Million Litres…
Nigeria’s energy landscape is entering a new era as Dangote Petroleum Refinery & Petrochemicals announces it…
New crude grade to boost Nigeria’s output coming in March
Nigeria is set to expand its crude oil portfolio with the launch of a new light, sweet grade called Cawthorne,…
Dangote Refinery Signs 65 Million Litres Daily Petrol Distribution Deal with 12…
Nigeria’s fuel supply landscape is set for a major shift as the Dangote Petroleum Refinery has signed a landmark…
NNPC to Export Cawthorne Crude in March as Nigeria Targets Higher Oil Output
Nigeria is set to commence exports of a new light, sweet crude grade known as Cawthorne in March, marking…
Tinubu Defends Executive Order on Oil Revenue Amid Legal Controversy
President Bola Tinubu has defended his controversial Executive Order (EO9), which halts revenue deductions…
NNPC Faces Liquidity Risks After Tinubu’s Oil Revenue Executive Order
Analysts have raised alarms over the potential liquidity crunch for the Nigerian National Petroleum Company Limited…
Goldman Sachs Raises Brent Oil Price Outlook to $60 in Q4 2026 Amid Shifting…
Global investment banking giant Goldman Sachs has revised its oil price outlook upward, projecting that Brent crude…
Dangote Refinery Shares to Open to Nigerians in Five Months: Retail Investors to…
Chairman of the Dangote Group, Aliko Dangote, has confirmed that ordinary Nigerians will be able to purchase shares…
Tinubu Approves N2.8tn for GenCos, Rejects N6tn Electricity Subsidy Claim
President Bola Tinubu has approved N2.8 trillion as the Federal Government’s verified debt to Nigeria’s power…
PENGASSAN Urges FG to Sell 51% Stake in NNPCL Refineries to Core Investors
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has renewed its…
Tinubu’s Executive Order to Boost FG, State, and LG Revenues by N15tn: Direct Oil…
President Bola Tinubu’s latest Executive Order is set to transform Nigeria’s oil and gas revenue system, with…
CNG Stations Rollout Falls Short of 2025 Target Despite $2 Billion Investment
Despite securing over $2 billion in private sector funding since 2023, Nigeria’s Compressed Natural Gas (CNG)…
PENGASSAN Rejects Tinubu’s Executive Order on Oil Revenues, Warns of Investor…
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has raised serious objections to…
Net Zero in Oil & Gas: Industry Leaders Outline Practical Strategies at…
Oil and gas industry leaders have emphasized that achieving net zero in oil and gas operations requires more than…
Dawes Island Field Success Signals Growing Confidence in Nigerian Indigenous Oil…
Petralon Energy has received high praise from Shell Western Supply and Trading for successfully developing the…
CNG Stations Rollout Falls Short of 2025 Target Despite $2B Investment in Nigeria
Despite securing more than $2 billion in private sector investments over the past two years, Nigeria’s ambitious…