In the News

KEY POINTS The Federal Government’s plan to impose a 5% tax on petrol, diesel and other refined fuels from January 2026 is drawing sharp resistance from opposition parties, fuel retailers, …

KEY POINTS According to official documents seen by Billionaires.Africa, Aliko Dangote’s $20 billion refinery purchased 100,000 barrels of crude worth $7.2 million from the Nigerian National Petroleum Company Limited, NNPC, …

African leaders reshaped energy policies, pushing transparency, renewables, and downstream industries that placed the continent at the heart of global debates

KEY POINTS Despite indications of volatility in global markets ahead of a crucial OPEC+ meeting, Nigeria’s crude oil prices remained above the $71 per barrel mark in the middle of …

KEY POINTS As the organisation gets ready to hold its annual awards in Lagos, Nigeria’s Oil and Gas Trainers Association, OGTAN, will honor some of the most significant organizations and …

KEY POINTS The largest liquefied natural gas, LNG, terminal in Italy is getting ready to operate at full capacity again in the near future, which will help the nation’s gas …

KEY POINTS In light of the continent’s industry’s struggles to recover from a brutal energy crisis, new competition from China, and the effects of U.S. trade tariffs, U.S Major Oil …

KEY POINTS Nigeria’s $20 billion Dangote refinery, the largest in Africa, has temporarily shut down one of its key petrol-producing units following a catalyst leak, in a setback for a …

Nigeria’s new deepwater deal with TotalEnergies could revive oil output, lift government revenue, and restore investor confidence in its offshore sector

KEY POINTS As the first engine manufacturer to collaborate with the coalition aiming to reduce ship methane emissions, engine developer WinGD has joined the Methane Abatement in Maritime Innovation Initiative, …