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In the News

  • 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.

  • In the News

    Energy Shortfall ‘Problem’ Scuppers Kenya’s $1B Microsoft Data Center

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

    Kenya’s $1 billion Microsoft data center is dead in the water after President Ruto said it would effectively black out half the country.

  • In the News

    Kenya: Heavy Rains Push Kenya’s Hydropower Output to 9.6 Million Kwh

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

    Sustained rainfall across Mount Kenya and the Aberdare Range has pushed Kenya’s hydropower output to 9.57 million kilowatt-hours, easing pressure on thermal generation.

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  • Oil Firm Backs Nigeria’s Push to Hit OPEC 2.5 Million Barrels Target
  • DAPPMAN Rejects Dangote Refinery Lawsuit, Says Import Licences Protect Energy Security
  • Nigerians Spend ₦5.43 Trillion on Petrol in Q1 2026
  • Seplat Confirms Exchange Rate for ₦68.26 Billion FY2025 Dividend as Profit Surges
  • Museveni Backs East African Regional Refinery Plan After Talks With Dangote

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Editors' Picks

Nigeria’s Oil Boom: Record Production in September 2023

Oil Firm Backs Nigeria’s Push to Hit OPEC 2.5 Million Barrels Target
DAPPMAN Rejects Dangote Refinery Lawsuit, Says Import Licences Protect Energy Security

Latest Stories

Oil Firm Backs Nigeria’s Push to Hit OPEC 2.5...
DAPPMAN Rejects Dangote Refinery Lawsuit, Says Import Licences Protect...
Nigerians Spend ₦5.43 Trillion on Petrol in Q1 2026

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