In the News

KEY POINTS The Dangote Petroleum Refinery has stopped selling Premium Motor Spirit, commonly known as petrol, to major oil marketers that continue to import petroleum products into Nigeria. The decision …

KEY POINTS British energy giant bp has reaffirmed its commitment to the Middle East even as it restructures its global business and sells several assets to reduce debt and focus …

Nigeria opened its 2026 licensing round with 40 oil blocks across land, shallow water and deepwater, and will require bidders to disclose their owners.

Dangote Refinery has cut its diesel gantry price by N80 to N1,700 a liter, its second reduction this month, as crude and import costs ease.

Oil prices slipped Tuesday, with Brent crude hovering near $100 a barrel, as a Group of Seven plan to release emergency reserves and a pickup in Middle East exports took …

The federal government and Lagos State have agreed to work together on a 24/7 Energy Zones pilot, a plan to give homes, businesses and factories in Nigeria’s commercial capital steadier …

KEY POINTS Renaissance Africa Energy Company Limited has been credited with helping Nigeria LNG Limited, NLNG, significantly improve the utilisation of its liquefied natural gas plant, with operations rising from …

KEY POINTS The Nigerian Upstream Petroleum Regulatory Commission, NUPRC, has identified 22 major offshore projects that could attract fresh investment and help increase Nigeria’s oil and gas production. The projects …

KEY POINTS Kenyan investors will be able to participate in Dangote Petroleum Refinery’s initial public offering, IPO, after the country’s capital markets regulator approved arrangements allowing eligible citizens to access …

KEY POINTS Nigeria’s state-owned oil company, NNPC Ltd, has revived plans to develop the Olokola Liquefied Natural Gas (OKLNG) project in Ogun State, reopening discussions on a major export terminal …