In the News

KEY POINTS Between late December 2025 and January 2026, the national grid experienced multiple failures, leading to sudden blackouts, power outages, damaged appliances, and income losses. These disruptions have strongly …

KEY POINTS Oando, the Nigerian junior oil and gas company, has officially become the operator of Angola’s KON 13 Block, taking a 45% participating interest. The announcement was made by …

KEY POINTS Egypt’s strategic position at the intersection of regional supply routes, energy infrastructure, and rising demand has made it a critical energy market, according to Shell Egypt’s Vice President …

KEY POINTS The NNPC/Seplat Joint Venture has screened 23,447 people, performed 797 eye surgeries, and distributed more than 13,525 eyeglasses free of charge under its “Eye Can See” Corporate Social …

KEY POINTS A weeks-long outage at a major Australian liquefied natural gas, LNG, export facility is set to further tighten an already strained global supply market, following recent disruptions in …

KEY POINTS Oil prices jumped sharply on Monday as tensions intensified in the ongoing US-Israel war with Iran. Brent crude, the global benchmark, rose more than 3 percent to trade …

KEY POINTS President Bola Tinubu has approved the expansion of the Presidential Initiative on Compressed Natural Gas, PiCNG, to include electric vehicles as part of efforts to promote affordable and …

KEY POINTS Dangote Petroleum Refinery and Petrochemicals has dismissed reports suggesting it is planning an Initial Public Offering, stating that the information currently circulating in the media and across social …

KEY POINTS The Nigerian National Petroleum Company Limited, NNPC, has announced plans to significantly increase Nigeria’s proven gas reserves from about 210 trillion cubic feet to approximately 600 trillion cubic …

KEY POINTS The Nigerian Navy has uncovered and dismantled an active illegal refining site in Allison Community, Bonny Local Government Area of Rivers State, recovering more than 20,000 litres of …