In the News

KEY POINTS Nigerians spent an estimated ₦5.43 trillion on petrol, commonly known as petrol, in the first quarter of 2026, amid rising fuel prices and ongoing tensions in the downstream …

KEY POINTS Seplat Energy Plc has confirmed the exchange rate it will use to convert its dollar-denominated dividends for the 2025 financial year, as it prepares to distribute over ₦68 …

KEY POINTS Ugandan President Yoweri Museveni has expressed strong support for a proposed East African regional oil refinery following discussions with Nigerian billionaire and industrialist Aliko Dangote, signalling renewed momentum …

Industry leaders, economists and labor unions have backed NNPC’s deal with two Chinese firms to revive Nigeria’s long-idle refineries despite sharp opposition from critics.

A drone hit an electrical generator near the UAE’s Barakah nuclear plant Sunday, forcing one reactor onto emergency power and raising fears of regional escalation.

BP is weighing a sale of some of its Egyptian natural gas assets as new CEO Meg O’Neill pushes the supermajor back toward its core oil and gas business.

KEY POINTS Shell Nigeria Gas, SNG, convened industry stakeholders in Port Harcourt to explore how natural gas can reduce operational costs, boost productivity, and attract investments across Nigeria’s industrial sector. …

KEY POINTS The NNPC Foundation, the Corporate Social Responsibility arm of NNPC Limited, has commissioned and handed over a fully installed 1.5 Tesla Magnetic Resonance Imaging (MRI) system to Nnamdi …

A Liberian environmental initiative backed by UNDP is turning organic waste and contaminated water into clean fuel, eco stoves and green enterprise opportunities.

Nigeria’s Energy Commission chief is back at his desk after an EFCC visit over an alleged N500 billion fraud probe, with the agency denying he was arrested.