NDPHC completes insurance risk survey at Omotosho and Sapele power plants to strengthen asset integrity and improve operational reliability
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Eni confirms 500 million barrels of oil in Angola Block 15 06, with Algaita 01 discovery near existing offshore infrastructure
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Nigeria daily petrol imports dropped 42 percent in January as Dangote Refinery boosted domestic supply, regulator data show
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Telkom Q3 profit rose as mobile data and fibre demand lifted revenue, expanding margins despite pressure in its BCX division
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KEY POINTS The African Development Bank, AfDB, has approved a $3.9 million, two-year project to support Nigeria and 12 other African countries in implementing their National Energy Compacts under the …
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KEY POINTS Dangote Petroleum Refinery has reaffirmed its ability to meet and surpass Nigeria’s daily fuel consumption, announcing it can supply up to 75 million litres of Premium Motor Spirit …
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KEY POINTS The Socio-Economic Rights and Accountability Project, SERAP, has filed a lawsuit against the Nigerian National Petroleum Company Limited, NNPCL, over its alleged failure to account for N22.3 billion, …
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In the NewsMarketsOil & Gas
Marketers Warn Petrol May Hit N1,000 per Litre as Global Crude Prices Surge
KEY POINTS International oil benchmarks surged past $70 per barrel this week, with Brent crude reaching $70.71 and US West Texas Intermediate hitting $65.42. By Friday, prices climbed further to …
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KEY POINTS ExxonMobil has reported a decline in its fourth-quarter earnings, blaming weaker crude oil prices for offsetting gains recorded from higher production volumes. The US energy giant posted profits …
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In the NewsOil & Gas
NNPC Unveils Gas Master Plan 2026 to Drive Industrialisation and Energy Security
KEY POINTS The Nigerian National Petroleum Company Limited, NNPC Ltd, has launched its Gas Master Plan 2026 (NGMP 2026), a new roadmap aimed at repositioning Nigeria’s gas industry as a …
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