Ikeoluwa Juliana Ogungbangbe

KEY POINTS Nigeria’s external trade profile experienced a significant shift in 2025, as the Dangote Petroleum Refinery imported crude oil worth $3.74 billion, according to the Central Bank of Nigeria …

KEY POINTS Global energy company Shell has praised Ardova Plc for its strong market presence and operational excellence in Nigeria’s lubricants sector. The commendation came during the 2025 Shell Macro …

KEY POINTS The government of Qatar has confirmed that Iranian missile strikes caused significant damage to the Ras Laffan Industrial City, the country’s primary gas production hub. Authorities said the …

KEY POINTS Nigeria’s supply of Liquefied Petroleum Gas, LPG, commonly known as cooking gas, fell by 8.5 percent to 4.7 metric tonnes per day in February 2026, down from 5.1 …

KEY POINTS The City of Ekurhuleni has reached an agreement with Eskom to settle its outstanding electricity debt of R3.4 billion. The deal follows concerns that bulk electricity supply to …

KEY POINTS Oil marketers across Nigeria are raising alarm over the mounting pressure on their operations following a sharp increase in petrol pump prices, a situation they attribute to the …

KEY POINTS A major gas facility in the United Arab Emirates has been engulfed in flames following a drone strike on Tuesday, intensifying fears over tightening global energy supplies and …

KEY POINTS The Nigerian Upstream Petroleum Regulatory Commission, NUPRC, has officially shortlisted bidders for Nigeria’s 2025 oil and gas licensing round, marking a critical transition from pre-qualification screening to the …

KEY POINTS Dangote Refinery-backed MRS Oil Nigeria Plc has raised its fuel pump price across the country following a recent increase in gantry price by Dangote Refinery. The refinery last …

KEY POINTS Importers across the Gulf region are racing to find alternative supply routes following the effective shutdown of the Strait of Hormuz, a vital maritime corridor that supports the …