Oil & Gas

KEY POINTS Nigeria is once again battling widespread power outages, leaving homes, offices, and businesses struggling with unreliable electricity. The situation, according to the Nigerian Independent System Operator, NISO, is …

KEY POINTS The cost of petrol across Nigeria eased again in January 2026, offering motorists a bit of breathing space after months of high fuel expenses. Fresh figures released by …

KEY POINTS Seplat Energy Plc has reported a major financial leap in its full-year 2025 audited results, with revenue rising by 144.2 percent to 2.726 billion dollars, compared with 1.116 …

KEY POINTS The federal government has inaugurated a steering committee and a joint technical working group to oversee the establishment of the National Gas Infrastructure Command Centre, NGCC,in Abuja. The …

KEY POINTS Nigeria’s flagship crude grade, Bonny Light, is trading around $71 per barrel, slightly down from about $72.30 earlier in the week. Despite the dip, the price remains comfortably …

KEY POINTS Mozambique is rapidly strengthening its position as one of Africa’s most important natural gas producers following the revival of massive liquefied natural gas, LNG, projects on the Afungi …

KEY POINTS The Nigerian National Petroleum Company Limited, NNPCL, has disclosed that Nigeria needs about 22 billion dollars in fresh investment to complete its planned gas pipeline network, warning that …

KEY POINTS The Nigerian Upstream Petroleum Regulatory Commission, NUPRC, has reaffirmed its commitment to institutional transparency with a pledge to fully digitise internal communications within 60 days, a move the …

KEY POINTS Africa’s foremost industrialist, Aliko Dangote, has unveiled plans for Dangote Refinery to supply up to 65 million litres of petrol daily within Nigeria while exporting an additional 15 …

KEY POINTS Nigeria’s energy sector regulator, the Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, has stepped up engagement with operators, wholesale distributors, and financial stakeholders in a broad effort …