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In the News

  • In the NewsOil & Gas

    Diesel Prices Surge to N1,813/Litre in Nigeria as Cost Pressures Mount

    by Oluwatosin Racheal Alabi August 1, 2025
    by Oluwatosin Racheal Alabi August 1, 2025

    KEY POINTS Nigerians are paying significantly more to power their generators and heavy-duty vehicles as diesel prices continue to climb. Energy News Africa reports that the average retail price of …

  • In the News

    Oando Foundation Launches Green Skills Programme to Tackle Youth Joblessness, Climate Risks

    by Oluwatosin Racheal Alabi August 1, 2025
    by Oluwatosin Racheal Alabi August 1, 2025

    KEY POINTS Oando Foundation has launched a new initiative aimed at addressing youth unemployment and accelerating climate action in Nigeria through practical upskilling. The Green Youth Upskilling Programme (GYUP), unveiled …

  • In the NewsOil & Gas

    Nigeria’s Petrol Prices Jump 38% as Subsidy-Free Market Spurs Regional Disparities

    by Oluwatosin Racheal Alabi July 31, 2025
    by Oluwatosin Racheal Alabi July 31, 2025

    KEY POINTS The average price of petrol in Nigeria surged to ₦1,037.66 per litre in June, up nearly 40% from a year earlier, as government deregulation continues to ripple through …

  • In the NewsOil & Gas

    ExxonMobil Set for Comeback in Libya With Offshore Deal

    by Oluwatosin Racheal Alabi July 31, 2025
    by Oluwatosin Racheal Alabi July 31, 2025

    KEY POINTS ExxonMobil is preparing to ink a conditional deal for offshore gas exploration in Libya, according to a statement by the U.S.  Embassy in Tripoli—potentially signaling the American energy …

  • In the NewsOil & Gas

    Hill International Wins Libya Deal as Eni, NOC Push Ahead With $8 Billion Offshore Revamp

    by Oluwatosin Racheal Alabi July 31, 2025
    by Oluwatosin Racheal Alabi July 31, 2025

    KEY POINTS Hill International, a U.S.-based construction management firm, has secured a $235 million contract to oversee a long-delayed offshore development in Libya, as the war-battered North African nation tries …

  • In the NewsOil & Gas

    Petrol Prices Dip Below Dangote Refinery’s Rate as Importers Spark New Price War

    by Oluwatosin Racheal Alabi July 30, 2025
    by Oluwatosin Racheal Alabi July 30, 2025

    KEY POINTS Petrol importers in Nigeria have significantly slashed prices below the rates offered by the Dangote Petroleum Refinery, setting off a fierce price battle that is reshaping the dynamics …

  • In the NewsOil & Gas

    Egypt to Ramp Up LNG Imports as Domestic Gas Output Falls Short

    by Oluwatosin Racheal Alabi July 30, 2025
    by Oluwatosin Racheal Alabi July 30, 2025

    KEY POINTS Egypt is poised to significantly boost its liquefied natural gas, LNG, imports through the end of the decade as domestic production fails to keep pace with soaring demand, …

  • In the News

    Dangote Refinery Drops N100 Billion Lawsuit Against NMDPRA, NNPC, and Others

    by Oluwatosin Racheal Alabi July 29, 2025
    by Oluwatosin Racheal Alabi July 29, 2025

    KEY POINTS Dangote Petroleum Refinery and Petrochemicals has withdrawn its high-profile lawsuit against the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), the Nigerian National Petroleum Company Limited (NNPC Ltd), …

  • In the News

    Senegal Intensifies Bid to Join OPEC Amid Rising Oil Standing

    by Oluwatosin Racheal Alabi July 28, 2025
    by Oluwatosin Racheal Alabi July 28, 2025

    KEY POINTS Senegal’s government is ramping up diplomatic efforts to gain full and observer membership in the Organisation of Petroleum Exporting Countries, OPEC, aiming to elevate its status as a …

  • In the NewsOil & Gas

    NNPCL Partners Zuid Energies on 40 MMSCFD LNG Plant in Kogi

    by Oluwatosin Racheal Alabi July 28, 2025
    by Oluwatosin Racheal Alabi July 28, 2025

    KEY POINTS The Nigerian National Petroleum Company Limited, NNPCL, through its subsidiary NNPC Gas Marketing Limited (NGML), has announced a strategic joint venture with Zuid Energies Limited to develop major …

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Nigeria’s Oil Boom: Record Production in September 2023

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