KEY POINTS The Dangote Petroleum Refinery has increased the price of Premium Motor Spirit (PMS), commonly known as petrol, from N774 to N874 per litre at its gantry. The N100 …
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In the NewsOil & Gas
Gas Prices Jump Worldwide as Iran-Linked Attacks Force QatarEnergy to Halt LNG Production
KEY POINTS Global energy markets were thrown into fresh turmoil on Monday after QatarEnergy announced it had stopped producing liquefied natural gas (LNG) following drone attacks linked to Iran. The …
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KEY POINTS After nearly 30 years of court battles, political drama and stalled plans, the Federal Government has taken a decisive step on one of Nigeria’s most controversial oil assets …
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In the NewsOil & Gas
Middle East Strikes Disrupt Major Oil and Gas Facilities, Global Energy Prices Soar
KEY POINTS Fresh attacks across the Middle East have forced the shutdown of key oil and gas facilities in Qatar, Saudi Arabia, Iraq, and Israel, sending shockwaves through global energy …
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KEY POINTS Nigeria’s biggest industrial project is preparing for a major financial milestone. The Dangote Group has selected three investment firms to oversee what could become the largest share sale …
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In the News
New CNG Station Launched at Obafemi Awolowo University to Cut Transport Costs and Promote Clean Energy
KEY POINTS The Midstream and Downstream Gas Infrastructure Fund (MDGIF) has officially opened a modern Compressed Natural Gas, CNG, refuelling station at Obafemi Awolowo University in Ile-Ife, marking another move …
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In the NewsOil & Gas
Niger Delta Communities Ask Governors for Share of Oil Funds as New Trusts Take Off
KEY POINTS Oil-producing communities in the Niger Delta have renewed calls for state governors to release part of the 13 percent oil derivation allocation directly to them, saying the funds …
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In the NewsOil & Gas
Investors Eye Northern Boom as NNPC Pushes July 2026 Gas Launch from AKK Pipeline
KEY POINTS The Nigerian National Petroleum Company Limited, NNPC Ltd, is stepping up talks with investors as it prepares to deliver its first gas through a key section of the …
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Energy TransitionIn the NewsOil & Gas
Power Outages Worsen as Gas Shortage Cuts Nigeria’s Electricity Supply
KEY POINTS Nigeria is once again battling widespread power outages, leaving homes, offices, and businesses struggling with unreliable electricity. The situation, according to the Nigerian Independent System Operator, NISO, is …
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KEY POINTS The cost of petrol across Nigeria eased again in January 2026, offering motorists a bit of breathing space after months of high fuel expenses. Fresh figures released by …