In the News

KEY POINTS Residents gathered in several communities over electricity issues, including Sukuta, Manduar, Kerr Serign and Jambur, according to AFP. In some areas, youths reportedly blocked roads and set fires …

KEY POINTS Fresh pressure is building on petrol prices in Nigeria after the estimated landing cost of petrol rose to ₦1,311.36 per litre, exceeding the current ₦1,265 per litre gantry …

KEY POINTS The Nigerian National Petroleum Company Limited, NNPC, is set to modernise more than 900 retail stations across Nigeria by introducing solar power, electric vehicle (EV) charging facilities and …

KEY POINTS Eni Ghana and Vitol Upstream Tano Limited have moved closer to securing final petroleum agreements for two offshore blocks in Ghana’s Tano Basin after signing Memoranda of Understanding …

KEY POINTS Ogoni diaspora organisations, youth groups and civil society groups have rejected plans to resume oil exploration in Ogoniland, insisting that Shell must first withdraw its proposed divestment of …

KEY POINTS CardinalStone Research has projected that Dangote Petroleum Refinery and Petrochemicals could achieve a market capitalisation of N77.7 trillion if its planned public listing performs in line with the …

Global cumulative clean hydrogen investment has topped $130 billion as governments treat the fuel as an energy-security and industrial tool, the Hydrogen Council says.

A marine fuel supply squeeze at major shipping hubs has eased as the market adapts to prolonged Strait of Hormuz disruption, industry sources say.

KEY POINTS TotalEnergies Upstream Nigeria Limited, TUPNI, the Nigerian National Petroleum Company Limited, NNPC, and their partners have strengthened science education at Government Secondary School, Kuje, in the Federal Capital …

KEY POINTS Angola has announced a new oil discovery in the country’s mature offshore Block 15, raising hopes of additional production from an area that has already delivered billions of …