KEY POINTS Nigeria’s domestic refining capacity may soon receive a significant boost as the Nigerian National Petroleum Company Limited, NNPC, begins discussions with a major Chinese petrochemical firm over the …
KEY POINTS President Bola Tinubu’s approval to gazette targeted, investment-linked incentives for Shell’s Bonga South-West (BSW) deep-offshore oil project has generated strong interest across Nigeria’s energy industry, even as key …
KEY POINTS Dangote Refinery has cautioned that petrol prices in Nigeria could rise close to N1,000 per litre if fuel marketers rely heavily on coastal shipping for product evacuation and …
KEY POINTS A group of Nigerian downstream oil marketers has petitioned the Federal Competition and Consumer Protection Commission, FCCPC, seeking an investigation into what they describe as anti-competitive and market-distorting …
KEY POINTS Oil Merchant, Chevron Corporation has announced plans to advance a significant natural gas development following the signing of a unitisation agreement that allows for coordinated exploitation of shared …
KEY POINTS Dangote Petroleum Refinery & Petrochemicals (DPRP) has strongly refuted reports suggesting that it imports finished petroleum products, describing the claims as false, misleading, and rooted in a fundamental …
KEY POINTS The Nigerian National Petroleum Company Limited, NNPC, has shut down its state-owned refineries following an internal review that revealed the facilities were incurring “monumental losses” and destroying value …
KEY POINTS The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, NNPC Ltd, Engr. Bashir Bayo Ojulari, says Nigeria’s long-term prosperity depends largely on how effectively it …
KEY POINTS Africa recorded its strongest year of solar energy deployment in 2025, with South Africa and Nigeria emerging as the continent’s top drivers of new capacity, policy reforms and …
KEY POINTS US energy giant ExxonMobil has begun drilling an appraisal well offshore Guyana, aiming to evaluate the potential of a recent major oil and gas find in the Stabroek …
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