In the News

KEY POINTS The Federal Government and the Nigerian National Petroleum Company Limited, NNPCL, have been urged to revive the country’s government-owned refineries as rising international crude oil prices continue to …

KEY POINTS Nigeria LNG Limited, NLNG, has urged gas producers to treat methane reduction not only as an environmental responsibility but also as a commercial opportunity that can increase revenue, …

KEY POINTS Eskom’s proposal to offer discounted electricity to cryptocurrency miners during periods of surplus power is facing questions from South Africa’s electricity regulator, Nersa, over pricing, competition and equal …

KEY POINTS The Nigerian National Petroleum Company Limited, NNPCL, has increased the pump price of Premium Motor Spirit, commonly known as petrol, with prices rising by as much as N85 …

KEY POINTS Nigeria’s cooking gas market recorded a strong recovery in July 2026, as daily Liquefied Petroleum Gas, LPG, supply increased and retail prices fell sharply in several major cities. …

KEY POINTS The Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, is targeting up to $10 billion in new gas investments through a funding scheme designed to reduce project risks …

KEY POINT Libya’s oil production has returned to normal after a brief shutdown of three oilfields by members of the Petroleum Facilities Guard, according to National Oil Corporation, NOC, Chairman …

Asian LNG demand is set to fall for a second straight year as the US-Israeli war on Iran curbs Gulf supply and drives prices to multi-year highs, analysts say.

India has warned that new US tariffs targeting buyers of Russian oil could harm bilateral ties, vowing to protect its energy security and trade interests.

KEY POINTS Dangote Refinery has warned that new and rehabilitated refineries in Nigeria, Africa and other major oil-producing regions could increase competition and put pressure on its market share, product …