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  • In the NewsOil & Gas

    NUPRC Sets June 12 Deadline for 2025 Oil Block Bids

    by Oluwatosin Racheal Alabi June 11, 2026
    by Oluwatosin Racheal Alabi June 11, 2026

    KEY POINTS The Nigerian Upstream Petroleum Regulatory Commission, NUPRC, has announced Friday, June 12, 2026, as the deadline for submission of technical and commercial bids by prequalified applicants participating in …

  • In the News

    Senate Orders Arrest of ex-NNPC Boss Kyari Over N210tn Query

    by Oluwatosin Racheal Alabi June 11, 2026
    by Oluwatosin Racheal Alabi June 11, 2026

    KEY POINTS The Senate Committee on Public Accounts has ordered the arrest of former Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, NNPC, Mele Kyari, over his …

  • Energy TransitionIn the News

    AEDC Announces Power Outage in Abuja, Nasarawa Over TCN Fault

    by Oluwatosin Racheal Alabi June 11, 2026
    by Oluwatosin Racheal Alabi June 11, 2026

    KEY POINTS The Abuja Electricity Distribution Company, AEDC, has announced a temporary power outage affecting parts of the Federal Capital Territory and Nasarawa State following a technical fault on a …

  • In the News

    Uganda Seeks $190 Million Loan to Expand Solar Irrigation Across the Country

    by Ikeoluwa Juliana Ogungbangbe June 10, 2026
    by Ikeoluwa Juliana Ogungbangbe June 10, 2026

    Uganda’s parliament is voting on a Shs734 billion loan from UK Export Finance and Citibank to expand solar irrigation to more farming communities nationwide.

  • In the News

    Tony Elumelu’s Heirs Energies Plants Trees Along Nigeria’s Agbada Gas Corridor in Rivers State

    by Ikeoluwa Juliana Ogungbangbe June 10, 2026
    by Ikeoluwa Juliana Ogungbangbe June 10, 2026

    Tony Elumelu’s Heirs Energies has launched a tree-planting initiative along its Agbada gas corridor in Rivers State as part of its sustainability agenda.

  • GovernmentIn the NewsOil & Gas

    Gambia Signs Offshore Oil Deal with Eni

    by Oluwatosin Racheal Alabi June 10, 2026
    by Oluwatosin Racheal Alabi June 10, 2026

    KEY POINTS The Government of The Gambia has signed a major offshore petroleum exploration agreement with global energy company Eni, marking a significant step in its ambition to develop the …

  • In the NewsMarketsOil & Gas

    Standard Bank Backs Dangote Refinery IPO

    by Oluwatosin Racheal Alabi June 10, 2026
    by Oluwatosin Racheal Alabi June 10, 2026

    KEY POINTS Africa’s largest financial institution, Standard Bank Group, has pledged its support for the planned Initial Public Offering, IPO, of the Dangote Petroleum Refinery, signalling strong investor confidence in …

  • In the News

    Ikogosi Resort Saves N513 Million After a $200,000 Solar Investment Cut Diesel Bills

    by Ikeoluwa Juliana Ogungbangbe June 9, 2026
    by Ikeoluwa Juliana Ogungbangbe June 9, 2026

    Ikogosi Warm Springs Resort has saved N513 million in energy costs after a $200,000 solar investment cut the facility’s diesel dependence significantly.

  • In the News

    Nigerian Independent Oil Producers Have Doubled Their Share of Output in a Decade

    by Ikeoluwa Juliana Ogungbangbe June 9, 2026
    by Ikeoluwa Juliana Ogungbangbe June 9, 2026

    Nigerian independent oil producers have doubled their share of national output over a decade, growing from 12 percent to 27 percent, Wood Mackenzie data shows.

  • In the News

    Energia Appoints Nigeria’s First Female Oil and Gas CFO Tai Oshisanya to Its Board

    by Ikeoluwa Juliana Ogungbangbe June 9, 2026
    by Ikeoluwa Juliana Ogungbangbe June 9, 2026

    Energia Limited has appointed Tai Oshisanya, widely recognized as Nigeria’s first female CFO of an international oil and gas company, to its board.

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Nigeria’s Oil Boom: Record Production in September 2023

Asian refiners buy more US crude as Hormuz stays blocked
Russian share of India’s oil imports hits record high in July

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Asian refiners buy more US crude as Hormuz stays...
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