OIL & GAS

NGA Pushes Regional Gas Collaboration To Unlock Africa’s Potential

The President of the Nigerian Gas Association, Akachukwu Nwokedi, has called for stronger collaboration among African countries to accelerate the…

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Improved Pipeline Security Drove Oil Output To 1.84mbpd – NNPCL

The Nigerian National Petroleum Company Limited has said Nigeria’s crude oil production rose from a historic low of 960,000 barrels…

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Dangote Reverses Fuel Hike After Crude Oil Drop

The Dangote Petroleum Refinery & Petrochemicals has slashed the ex-gantry price of Premium Motor Spirit (petrol) to N1,200 per litre,…

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NNPC Doubles Dangote Crude Supply To 10 Cargoes

Operators in Nigeria’s downstream oil sector have projected potential price relief as the Dangote Petroleum Refinery confirmed that crude oil…

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Dangote Refinery Raises Petrol To N1,275, Diesel Now N1,950

Amid rising geopolitical tensions in the Middle East and their ripple effects on global energy markets, the Dangote Petroleum Refinery…

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Fuel Marketers’ Earnings Crash 60% In Downstream Downturn

Publicly quoted fuel marketing companies recorded a sharp decline in profitability in 2025, with earnings indicators falling by between 60…

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Non-Oil Revenue Now 75% Of Federation Funds – Report

Nigeria has achieved a major fiscal milestone, with non-oil revenue now accounting for 75 per cent of federally collected funds,…

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Electricity Tariff Hike Imminent As Gencos Step Up Pressure

Electricity generation companies have called on the Nigerian Electricity Regulatory Commission to urgently review electricity tariffs following the Federal Government’s…

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Dangote Reduces Petrol Gantry Price To N1,200/Litre

The Dangote Petroleum Refinery & Petrochemicals has reduced its gantry price for Premium Motor Spirit (petrol) to N1,200 per litre,…

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Abia-Geometric Power Partnership Ending Electricity Crisis, Says Otti

The Governor of Abia State, Dr Alex Chioma Otti, has commended former Minister of Power and Chairman of Geometric Power…

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Nigeria Needs $100bn Power Sector Investments – FG

The Federal Government has disclosed that Nigeria requires over $100bn in combined government and private sector investments across the power…

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Fresh Fuel Import Licences Trigger Dangote Export Threat

The Dangote Petroleum Refinery is planning to export all the petrol, diesel, and jet fuel produced at the 650,000-barrels-per-day facility…

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States Urged To Revive Modular Refineries Amid Monopoly Fears

The Lagos Chamber of Commerce and Industry has urged state governments to rehabilitate existing state-owned modular refineries and encourage more…

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Dangote Refinery Commits To Energy Stability Amid Global Refineries Shutdown

Dangote Petroleum Refinery & Petrochemicals has indicated its commitment to stabilising energy supply to Nigeria amid recent shocks in the international…

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Nigeria LNG Cargo Diverted To Asia Amid Price Surge

A cargo of liquefied natural gas from Nigeria has been diverted to Asia after a surge in regional prices created…

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Middle East Crisis: Cooking Gas Surges 40% To N1400 Per Kg

At the backdrop of the on-going crises in the Middle-east, the ex-depot price of Liquefied Petroleum Gas (LPG), also known as cooking…

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Customers To Get N20bn Meter Refunds From DisCos – NERC

The Nigerian Electricity Regulatory Commission has ordered all electricity distribution companies to pay N20.33bn in outstanding meter reimbursements to customers…

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FG Begins Implementation Of Executive Order On Oil, Gas Revenues

The Federal Government, FG, has commenced implementation of the Oil and Gas Revenues Executive Order 09. The Minister of Finance and Coordinating…

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Host Communities Demand Share Of 13% Derivation From States

The Host Communities Development Boards of Trustees have called on the Niger Delta state governments to remit a percentage of…

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AMNI Eyes 12,000bpd Crude From Okoro Field

The arrival of a drilling rig at the Okoro Field has marked a significant operational milestone for AMNI International Petroleum…

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