In the News

KEY POINTS The Nigerian Upstream Petroleum Regulatory Commission, NUPRC, has officially shortlisted bidders for Nigeria’s 2025 oil and gas licensing round, marking a critical transition from pre-qualification screening to the …

KEY POINTS Dangote Refinery-backed MRS Oil Nigeria Plc has raised its fuel pump price across the country following a recent increase in gantry price by Dangote Refinery. The refinery last …

KEY POINTS The Nigerian Senate has officially confirmed former Rivers South-East senator, Magnus Abe, as the Chairman of the Board of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). Abe’s confirmation …

KEY POINTS Chevron has appointed Emmanuelle Garinet as Director of Exploration for the Americas and Sub-Saharan Africa, placing one of the upstream oil sector’s most experienced exploration leaders in a …

KEY POINTS South Africa’s state-owned power utility, Eskom, has announced the implementation of new electricity tariffs for the 2026/27 financial year following approval from the National Energy Regulator of South …

KEY POINTS Italian energy giant Eni has announced two significant offshore natural gas discoveries in Libya, reinforcing the country’s position as a key supplier in the Mediterranean energy market. The …

KEY POINTS Importers across the Gulf region are racing to find alternative supply routes following the effective shutdown of the Strait of Hormuz, a vital maritime corridor that supports the …

KEY POINTS Nigeria imported petrol valued at N84.69 billion from Togo in the fourth quarter of 2025, according to newly released foreign trade statistics by the National Bureau of Statistics …

KEY POINTS Oil prices extended their upward trajectory on Monday, as the ongoing conflict involving the United States, Israel, and Iran entered its third week, intensifying concerns over global supply …

KEY POINTS Depot prices of Automotive Gas Oil, diesel, have surged sharply across Nigeria, climbing to as high as N1,700 per litre following a fresh price adjustment by the Dangote …