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In the News

  • In the NewsMarkets

    Dangote Refinery Sets N5,250 Minimum IPO Subscription

    by Adedotun Oyeniyi September 8, 2026
    by Adedotun Oyeniyi September 8, 2026

    KEY POINTS Aliko Dangote, President and Chief Executive Officer of the Dangote Group, has announced that Nigerians can subscribe to the proposed Initial Public Offering, IPO, of Dangote Petroleum Refinery …

  • In the News

    South Korea’s power demand set to soar on AI boom as it weighs more nuclear

    by Otobong Tommy September 8, 2026
    by Otobong Tommy September 8, 2026

    South Korea’s power demand is set to soar 25 to 30 GW on the AI boom, and the nation is weighing whether to expand nuclear energy, its energy minister says.

  • In the NewsOil & Gas

    Dangote Refinery Targets World’s Largest Status by 2028

    by Ikeoluwa Juliana Ogungbangbe September 8, 2026
    by Ikeoluwa Juliana Ogungbangbe September 8, 2026

    KEY POINTS The Dangote Petroleum Refinery is targeting expansion that would make it the largest refinery in the world by 2028, according to Dangote Group President and Chief Executive Officer, …

  • In the NewsOil & Gas

    Petrobras Gets Approval to Drill Three More Wells in Foz do Amazonas

    by Ikeoluwa Juliana Ogungbangbe September 8, 2026
    by Ikeoluwa Juliana Ogungbangbe September 8, 2026

    KEY POINTS Brazil’s environmental regulator, Ibama, has approved Petrobras request to drill three additional wells in the Foz do Amazonas Basin, subject to a series of environmental and operational conditions. …

  • In the News

    NNPC Disowns Tanker Carrying 2,145kg of Cannabis

    by Ikeoluwa Juliana Ogungbangbe September 8, 2026
    by Ikeoluwa Juliana Ogungbangbe September 8, 2026

    KEY POINTS The Nigerian National Petroleum Company Limited, NNPC, has denied ownership of a tanker bearing its markings after the vehicle was intercepted in Ondo State with 2,145 kilogrammes of …

  • In the NewsOil & Gas

    Eni, PETRONAS Partner on New Bio-Gasoline

    by Ikeoluwa Juliana Ogungbangbe September 8, 2026
    by Ikeoluwa Juliana Ogungbangbe September 8, 2026

    KEY POINTS Eni and PETRONAS have agreed to jointly explore the development of a new generation of high-performance bio-gasoline made from renewable raw materials. The two energy companies signed a …

  • In the News

    Dangote to sign refinery IPO documents at a Lagos ceremony on Monday

    by Otobong Tommy September 7, 2026
    by Otobong Tommy September 7, 2026

    Nigeria’s Dangote Group will sign documents for its refinery IPO, Africa’s biggest-ever share sale, at a Lagos ceremony on Monday after winning regulatory approval.

  • In the News

    Iran says it will declare a new restricted zone in the Gulf within days

    by Otobong Tommy September 7, 2026
    by Otobong Tommy September 7, 2026

    Iran says it will soon declare a new restricted zone in the Gulf and new Strait of Hormuz shipping maps, as fresh US-Iran attacks on ships lifted oil prices.

  • In the NewsOil & Gas

    US LNG Exports Surge 23% in First Half of 2026

    by Adedotun Oyeniyi September 7, 2026
    by Adedotun Oyeniyi September 7, 2026

    KEY POINTS US liquefied natural gas, LNG, exports increased sharply in the first half of 2026, averaging 17.4 billion cubic feet per day (Bcf/d), according to the US Energy Information …

  • Energy TransitionIn the NewsOil & Gas

    Chevron Signals Long-Term Commitment to Bangladesh’s Energy Security

    by Ikeoluwa Juliana Ogungbangbe September 7, 2026
    by Ikeoluwa Juliana Ogungbangbe September 7, 2026

    KEY POINTS Chevron Bangladesh says it remains committed to supporting Bangladesh’s long-term energy security as the country faces declining domestic gas production, rising demand and greater reliance on imported fuels. …

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Nigeria’s Oil Boom: Record Production in September 2023

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NNPC Launches Smart Stations with Digital Payments, EV, LPG...
Dangote Refinery Completes Engineering for Expansion
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