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Energy
Dangote’s Dollar Fuel Sales Spark Fresh Fears Over Petrol Prices and Naira…
Nigeria’s downstream petroleum sector has been thrown into fresh uncertainty following Dangote Refinery’s decision…
Oil Marketers Raise Alarm Over N1,350 Petrol Pricing, Question Import Licences
Nigeria’s downstream petroleum sector is facing fresh controversy as oil marketers have accused major fuel…
Cooking gas imports surge by 1,400% as petrol supply dips by 22%
Nigeria’s dependence on imported cooking gas has intensified after Liquefied Petroleum Gas (LPG) imports soared by…
Nigerian Crude Prices Surge as US-Iran Conflict Disrupts Strait of Hormuz Shipping
Nigerian crude prices surged to a 10-day high after escalating military tensions between the United States and Iran…
IPMAN Warns Rising Petrol Imports Could Trigger Higher Fuel Prices in Nigeria
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has sounded the alarm over the growing number of…
Dollar sale row: Marketers halt Dangote fuel loading, FG steps in
Nigeria’s downstream petroleum sector has been thrown into fresh uncertainty following reports that the Dangote…
Dangote Refinery Emerges Major Winner as US-Iran Conflict Boosts Demand, Wealth…
Africa’s richest man, Aliko Dangote, is emerging as one of the biggest beneficiaries of the global energy market…
Nigeria Crude Oil Production Hits N41.7tn in Six Months as Output Shows Strong…
Nigeria earned an estimated N41.74 trillion from crude oil and condensate production in the first six months of…
Dangote Refinery Crude Imports Raise Fresh Doubts Over Nigeria’s Crude-for-Naira…
Nigeria’s crude-for-naira initiative has come under renewed scrutiny following revelations that the Dangote…
PETROAN Urges Refinery Revival as Dangote Refinery Switches to Dollar Sales
Nigeria’s downstream petroleum sector is facing renewed uncertainty as the Petroleum Products Retail Outlets Owners…
NERC CapEx Order Triggers Power Sector Showdown as DisCos, State Regulators Push…
Nigeria's electricity sector has been thrust into the spotlight following the implementation of the NERC CapEx…
U.S. Crude Inventories Drop 1.7 Million Barrels as Iran Tensions Keep Oil Markets…
The latest U.S. Energy Information Administration (EIA) report has revealed a significant decline in American crude…
Dangote Refinery Shields Nigerians from Global Fuel Price Shock, Says S&P…
Dangote Petroleum Refinery is playing a crucial role in protecting Nigerians from the impact of rising global fuel…
China Oil Inventories Emerge as Key Force Behind the Next Global Oil Rally
China’s massive oil stockpiles are rapidly becoming one of the most influential factors in the global energy…
Federal Govt Inaugurates Joint Decarbonisation Group For Oil, Gas Sector
Nigeria has taken a major step toward balancing economic growth with climate responsibility following the…
FG Grants Shell $11.5 Per Barrel Tax Credit to Unlock $20 Billion Bonga Deepwater…
The Federal Government has approved a special production-linked tax credit for Shell Plc’s Bonga Southwest Aparo…
NNPC and African Oil Giants Unite to Launch $5B Bank and End Fuel Imports
Africa is officially tired of exporting its wealth and buying it back at a premium. In a massive push toward true…
Nigeria Oil Sector Reforms: IPPG Pushes for Coordinated Action to Boost Global…
Nigeria’s oil and gas industry has been urged to embrace a new wave of coordinated reforms aimed at transforming…
South Africa Strategic Oil Reserve Plan Targets 36 Million Barrels to Boost Energy…
South Africa is set to significantly strengthen its energy security with plans to establish a strategic petroleum…
Dangote Refinery Switches to Dollar Pricing, Ends Naira Payments for Petrol Sales
Dangote Petroleum Refinery has officially ended naira-denominated transactions for the sale of petrol, diesel, and…
TotalEnergies Demands Nigeria’s Gas Potential Unlocked For Domestic Market,…
Nigeria is sitting on an energy goldmine, and the world is officially knocking on its door. At the 25th Nigeria Oil…
Oil Prices Surge Above $80 as Trump Revives Iran Blockade, Raising Global Supply…
Global oil markets were shaken on Monday as crude prices surged above $80 per barrel following a dramatic…
Nigeria Crude Oil Production 2026 Soars to Highest Level in Over Six Years
Nigeria’s energy sector is humming with newfound energy as the nation’s crude oil production soared to an average…
Tanzanian Billionaire Backs Dangote’s Kenya Refinery Plan with $100 Million…
Africa’s drive toward industrial self-sufficiency received a major boost after Tanzanian billionaire Mohammed Dewji…
Dangote Refinery Cuts Petrol Price Again as Rising Crude Oil Prices Threaten…
The Dangote Petroleum Refinery has announced another reduction in its ex-depot price of Premium Motor Spirit (PMS),…
Oil Hits $80 as Trump Ends Iran Ceasefire, Raising Fresh Fuel Price Fears…
Global oil markets were thrown into fresh uncertainty on Wednesday after crude prices climbed to $80 per barrel…
NNPC Ends Crude-Backed Loans for Refineries, Pushes Port Harcourt and Warri Plants…
The Nigerian National Petroleum Company Limited (NNPC) has unveiled a major shift in its refinery financing…
NUPRC Awards 19 Oil Prospecting Licences as Nigeria Secures Fresh Upstream…
Nigeria has taken another major step toward revitalizing its oil and gas industry as the Nigerian Upstream…
Dangote Refinery Launches Free Petrol Delivery to Abuja, Five States Amid Fuel…
Dangote Petroleum Refinery has taken another significant step in Nigeria’s fuel market by launching free delivery…
Oil Surges, Global Stocks Tumble as Trump Declares Iran Ceasefire Over
Global financial markets were thrown into fresh uncertainty on Wednesday after United States President Donald Trump…