Nigeria opened its 2026 licensing round with 40 oil blocks across land, shallow water and deepwater, and will require bidders to disclose their owners.
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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.
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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KEY POINTS The Dangote Petroleum Refinery and Petrochemicals FZE initial public offering, IPO, has attracted strong interest from Nigerians, with investors welcoming the opportunity to become part-owners of one of …
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KEY POINTS Former Vice-President Atiku Abubakar has called on President Bola Tinubu’s administration to provide a detailed account of the N11.2 trillion in receivables recorded by the Nigerian National Petroleum …