In the News

KEY POINTS Nigeria’s petroleum marketers are considering stepping back from fuel importation after the Dangote Petroleum Refinery took another slice off its ex-depot price, shifting the balance of competition in …

KEY POINTS Nigeria has delivered more than 12 million barrels of crude oil to domestic refineries since the start of 2025, a volume that places the Dangote Refinery firmly at …

KEY POINTS A multinational consortium involving investors from Asia and Europe has secured around 50 billion dollars to build what is expected to become Africa’s second-largest oil refinery, marking one …

KEY POINTS Esso Exploration and Production Nigeria Limited has urged the Nigerian government to deliver clearer and quicker regulatory guidance as the country strives to revive oil production, attract international …

KEY POINTS The Muslim Rights Concern, MURIC, has publicly thrown its weight behind Dangote Refinery, warning that the $20 billion facility has become a focal point of national debate and …

KEY POINTS The Federal Government has entered a concession agreement with Quaint Energy to develop two hydropower plants totalling 8 megawatts, aimed at improving electricity access in Oyo and Kogi …

KEY POINTS Nigeria’s crude oil output in October reached 1.401 million barrels per day, marginally higher than September’s 1.39 million barrels per day, according to the latest Organisation of Petroleum …

KEY POINTS Residents of Omoku in Rivers State will now pay for electricity after Oando Energy Resources Nigeria Limited formally ended decades of free power supply inherited from the Nigerian …

KEY POINTS Eskom’s Group Executive for the Strategic Delivery Unit, Alfred Seema, has been confirmed as one of the speakers at the African Energy Chamber’s G20 Africa Energy Investment Forum …

KEY POINTS The Nigerian Senate has ordered the Nigerian National Petroleum Company Limited, NNPCL, to refund ₦210 trillion to the Federation Account after rejecting the company’s explanations over the unaccounted …