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In the News

  • GovernmentIn the News

    Italy, Libya Move to Strengthen Energy Partnership Amid Global Fuel Crisis

    by Oluwatosin Racheal Alabi May 8, 2026
    by Oluwatosin Racheal Alabi May 8, 2026

    KEY POINTS Italian Prime Minister Giorgia Meloni and Libya’s Prime Minister Abdulhamid Dbeibah have held talks in Rome aimed at strengthening energy cooperation between both countries as Italy seeks to …

  • In the NewsMarketsOil & Gas

    NUPENG Applauds FG, NNPC Partnership With Chinese Firms to Revive Refineries

    by Oluwatosin Racheal Alabi May 8, 2026
    by Oluwatosin Racheal Alabi May 8, 2026

    KEY POINTS The Nigeria Union of Petroleum and Natural Gas Workers, NUPENG, has praised the Federal Government and the Nigerian National Petroleum Company Limited, NNPC Ltd., over a new partnership …

  • Energy TransitionIn the News

    Cooking Gas Prices Rise Nationwide as Dangote Refinery, Dealers Increase LPG Rates

    by Oluwatosin Racheal Alabi May 8, 2026
    by Oluwatosin Racheal Alabi May 8, 2026

    KEY POINTS Nigerian households are facing another increase in cooking gas prices following fresh adjustments in the cost of liquefied petroleum gas, LPG, by major suppliers and depot operators across …

  • In the News

    Senate Confirms Rabiu Umar as NMDPRA Chief, Promises Stable Fuel Supply

    by Oluwatosin Racheal Alabi May 8, 2026
    by Oluwatosin Racheal Alabi May 8, 2026

    KEY POINTS The Senate has confirmed the appointment of Rabiu Umar as the Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA). The confirmation followed the presentation …

  • In the NewsMarketsOil & Gas

    Dangote Refinery Raises Petrol Price To ₦1,350 Per Litre

    by Oluwatosin Racheal Alabi May 7, 2026
    by Oluwatosin Racheal Alabi May 7, 2026

    KEY POINTS Dangote Refinery has increased the ex-depot price of Premium Motor Spirit (PMS), popularly known as petrol, from ₦1,275 to ₦1,350 per litre. The latest adjustment represents about a …

  • Energy TransitionIn the News

    Africa Now Key Player in Global Energy Market Amid Supply Crisis — NUPRC

    by Oluwatosin Racheal Alabi May 7, 2026
    by Oluwatosin Racheal Alabi May 7, 2026

    KEY POINTS The Nigerian Upstream Petroleum Regulatory Commission, NUPRC, has said Africa is becoming one of the most important regions in the global energy industry as geopolitical tensions and supply …

  • In the NewsMarketsOil & Gas

    Shell Profits Surge to $6.92bn as Iran War Disrupts Global Oil Market

    by Oluwatosin Racheal Alabi May 7, 2026
    by Oluwatosin Racheal Alabi May 7, 2026

    KEY POINTS Shell has reported a strong financial performance, posting adjusted profits of $6.92 billion for the first quarter of 2026, marking its highest quarterly profit in two years. The …

  • In the News

    Senate Confirms Tegbe As Nigeria’s Power Minister, Orders Urgent Action On Persistent Grid Collapse

    by Ikeoluwa Juliana Ogungbangbe May 7, 2026
    by Ikeoluwa Juliana Ogungbangbe May 7, 2026

    Nigeria’s Senate unanimously confirmed Olasunkanmi Tegbe as minister of power, charging him to fix grid collapse and a N6 trillion liquidity crisis.

  • In the NewsOil & Gas

    Group Criticises NNPC Over Chinese Refinery Deal, Demands Audit of Past Spending

    by Oluwatosin Racheal Alabi May 7, 2026
    by Oluwatosin Racheal Alabi May 7, 2026

    KEY POINTS A coalition of oil sector reform advocates, the Centre for Energy Sector Transparency, has criticised the latest agreement between the Nigerian National Petroleum Company Limited, NNPC Ltd, and …

  • In the News

    Nigeria’s 400+ Dams Could Power Its Energy Future, But Most Sit Idle

    by Ikeoluwa Juliana Ogungbangbe May 7, 2026
    by Ikeoluwa Juliana Ogungbangbe May 7, 2026

    Nigeria has over 400 dams and enough hydropower potential to transform its power sector, yet most of that infrastructure sits idle and neglected.

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Nigeria’s Oil Boom: Record Production in September 2023

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Ghana Launches Safety Audit of All Power Substations After...
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