In the News

KEY POINTS The Dangote Petroleum Refinery has increased the price of Premium Motor Spirit (PMS), commonly known as petrol, from N774 to N874 per litre at its gantry. The N100 …

KEY POINTS Global energy markets were thrown into fresh turmoil on Monday after QatarEnergy announced it had stopped producing liquefied natural gas (LNG) following drone attacks linked to Iran. The …

KEY POINTS After nearly 30 years of court battles, political drama and stalled plans, the Federal Government has taken a decisive step on one of Nigeria’s most controversial oil assets …

KEY POINTS Fresh attacks across the Middle East have forced the shutdown of key oil and gas facilities in Qatar, Saudi Arabia, Iraq, and Israel, sending shockwaves through global energy …

KEY POINTS South Africa’s state power utility Eskom Holdings SOC Ltd and the country’s energy regulator National Energy Regulator of South Africa have agreed to temporarily suspend legal proceedings over …

KEY POINTS OPEC, the coalition of major oil-producing nations including Saudi Arabia and Russia, has agreed to raise oil production by 547,000 barrels per day starting September 2026. This decision …

KEY POINTS Residents of Waterfront Estate, Sekumade Estate, and the NBC Community in the Ebute area of Ikorodu Local Government Area, Lagos State, took to the streets on Friday to …

KEY POINTS The Minister of Power, Chief Adebayo Adelabu, has directed the Ibadan Electricity Distribution Company, IBEDC, to accelerate the installation of 59,000 free prepaid meters allocated to its customers. …

KEY POINTS Nigeria’s biggest industrial project is preparing for a major financial milestone. The Dangote Group has selected three investment firms to oversee what could become the largest share sale …

KEY POINTS The Midstream and Downstream Gas Infrastructure Fund (MDGIF) has officially opened a modern Compressed Natural Gas, CNG, refuelling station at Obafemi Awolowo University in Ile-Ife, marking another move …