Oluwatosin Racheal Alabi

KEY POINTS The Federal Competition and Consumer Protection Commission, FCCPC, has praised the Lagos State Electricity Regulatory Commission, LASERC, for introducing consumer-focused electricity reforms aimed at eliminating estimated billing and …

KEY POINTS The Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, has disclosed that the Dangote Petroleum Refinery accounted for nearly 80 per cent of the petrol consumed in Nigeria …

KEY POINTS Libya’s National Oil Corporation (NOC) has officially ended its partnership with Trasta Energy in the Libyan Emirates Oil Refining Company (LERCO), reclaiming full control of the strategically important …

KEY POINTS Chevron has announced plans to expand its energy investments across the United States as the country experiences growing demand for fuel and electricity. The energy giant said its …

KEY POINTS Global oil prices jumped by more than 3% on Tuesday after renewed tensions between the United States and Iran stalled progress on a proposed peace deal, reigniting fears …

KEY POINTS Africa’s richest man, Aliko Dangote, is targeting a valuation of up to $50 billion for his refinery business ahead of a planned initial public offering (IPO) expected later …

KEY POINTS The Nigerian Employers’ Consultative Association, NECA, has renewed calls for the privatisation of the Port Harcourt and Warri refineries, arguing that decades of government-led rehabilitation efforts, reportedly costing …

KEY POINTS TotalEnergies is preparing to deploy a new floating storage and offloading (FSO) vessel, Adiana, offshore Nigeria by the end of 2027, in a move aimed at sustaining long-term …

KEY POINTS Libya’s National Oil Corporation, NOC, has taken control of the country’s fuel import financing under a new arrangement that significantly reduces the role of the Central Bank of …

KEY POINTS The Nigerian National Petroleum Company Limited, NNPC, has clarified that its recent Memorandum of Understanding (MoU) with two Chinese firms for the rehabilitation of the Port Harcourt and …