In the News

Nigeria’s oil and gas sector improved activity levels in 2025, but weak crude output, higher gas flaring and supply disputes weighed on overall performance

Chevron and Quantum Energy Partners are preparing a joint bid for Lukoil’s overseas assets, testing how far sanctioned Russian energy deals can still go

Eni and Repsol are struggling to recover about $6 billion owed for gas supplied to Venezuela as U.S. sanctions and policy shifts limit repayment options

MRS Oil Nigeria is selling petrol sourced from Dangote’s refinery at sharp discounts, forcing NNPC and rivals to cut prices across Lagos and beyond

Dana Gas received $50 million from Egypt, easing receivables and backing a drilling programme aimed at lifting gas output and cutting fuel imports

Dangote Refinery says petrol prices could climb to N1,400 per litre without local refining, rejecting shutdown rumours and citing steady output and ample stock

KEY POINTS Rostam Aziz, a Tanzanian billionaire, runs the Taifa Group, an East African industrial and energy conglomerate. The company plans to invest more than $500 million in Zambia over …

KEY POINTS Reports that the Dangote Petroleum Refinery is closing down for maintenance have been denied by the company, which calls the claims false and says they could hurt the …

KEY POINTS The Kano Electricity Distribution Company said on Monday that a fire at a key electricity substation damaged a power transformer, leaving parts of Katsina metropolis in the dark. …

KEY POINTS Leye Falade is the new CEO of Nigeria Liquefied Natural Gas Limited, NLNG. This is a big change in leadership at one of the country’s most important energy …