KEY POINTS Italian Prime Minister Giorgia Meloni and Libya’s Prime Minister Abdulhamid Dbeibah have held talks in Rome aimed at strengthening energy cooperation between both countries as Italy seeks to …
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Energy TransitionIn the News
Cooking Gas Prices Rise Nationwide as Dangote Refinery, Dealers Increase LPG Rates
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 …
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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 …
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Energy TransitionIn the News
Africa Now Key Player in Global Energy Market Amid Supply Crisis — NUPRC
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 …
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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 …
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In the NewsOil & Gas
Group Criticises NNPC Over Chinese Refinery Deal, Demands Audit of Past Spending
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 …
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In the NewsMarketsOil & Gas
Nigeria Supplies Less Than Half of Crude Allocations to Local Refineries
KEY POINTS Nigeria’s crude oil producers delivered less than half of the volumes allocated to domestic refineries in the first quarter of 2026, raising concerns about the country’s refining ambitions. …
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KEY POINTS TotalEnergies has officially started construction on a $300 million solar power project in the Philippines, marking another major expansion of its renewable energy portfolio. The project is being …
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KEY POINTS Petroleum marketers in Nigeria have hinted that petrol prices may drop soon, following fresh efforts by the Nigerian National Petroleum Company Limited, NNPCL, to restart key local refineries. …
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KEY POINTS The Nigerian National Petroleum Company Limited, NNPC, has entered into a new agreement with two Chinese firms in a renewed effort to revive Nigeria’s long-dormant refining assets in …