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  • In the NewsOil & Gas

    Africa’s Energy Future: Nigeria and Morocco Accelerate $30bn Gas Pipeline Project

    by Motoni Olodun January 26, 2024
    by Motoni Olodun January 26, 2024

    Africa is on the verge of a major energy transformation, as Nigeria and Morocco intensify discussions to fast-track the process of achieving the Final Investment Decision (FID) on the $30bn …

  • Energy TransitionIn the News

    Energy Vault to Power Southern Africa with Gravity Energy Storage

    by Motoni Olodun January 26, 2024
    by Motoni Olodun January 26, 2024

    Energy Vault, a leader in sustainable, grid-scale energy storage solutions, has announced a new licensing and royalty agreement that will expand its global footprint in the Southern African Development Community …

  • Energy TransitionIn the News

    Nigeria Activates $1.3 Billion Chinese-Backed Power Plant, Boosting Energy Capacity

    by Ikeoluwa Juliana Ogungbangbe January 26, 2024
    by Ikeoluwa Juliana Ogungbangbe January 26, 2024

    Mainstream Energy has started operating a new 700 MW hydroelectric plant in Zungeru, Nigeria, financed with a $1.3 billion loan from China.

  • Energy TransitionIn the NewsMarkets

    Dangote Refinery Enhances Product Distribution with Key Partnerships

    by Oluwatosin Racheal Alabi January 23, 2024
    by Oluwatosin Racheal Alabi January 23, 2024

    Dangote Refinery embarks on a major initiative, registering key associations for efficient nationwide distribution of refined petroleum products, reshaping Nigeria’s oil sector.

  • Oil & Gas

    Nigeria’s Non-Oil Exports Dip to $4.5 Billion in 2023

    by Oluwatosin Racheal Alabi January 21, 2024
    by Oluwatosin Racheal Alabi January 21, 2024

    Discover how Nigeria navigates economic diversification with a slight dip in non-oil exports, balanced by an increase in product diversity.

  • In the News

    OPEC Predicts Surging Oil Demand in 2025

    by Oluwatosin Racheal Alabi January 19, 2024
    by Oluwatosin Racheal Alabi January 19, 2024

    OPEC’s latest report forecasts a robust increase in global oil demand for 2025, driven largely by China’s economic expansion and a rebounding world economy.

  • Energy Transition

    Nigeria Greenlights Shell’s Asset Sale; A New Era in Oil Sector

    by Oluwatosin Racheal Alabi January 19, 2024
    by Oluwatosin Racheal Alabi January 19, 2024

    Nigeria sets a new course in its oil industry, approving Shell’s landmark asset sale to local firms, signaling a shift towards empowering domestic players.

  • In the News

    Nigeria’s Oil Production Push: Navigating Complex Challenges

    by Oluwatosin Racheal Alabi January 18, 2024
    by Oluwatosin Racheal Alabi January 18, 2024

    Amidst global and local challenges, Nigeria intensifies efforts to ramp up oil production, eyeing a transformative impact on its energy sector.

  • Energy TransitionGovernmentIn the News

    The Impacts of Oil Major Asset Divestments in Nigeria

    by Oluwatosin Racheal Alabi January 18, 2024
    by Oluwatosin Racheal Alabi January 18, 2024

    In a groundbreaking shift, Nigerian firms are mobilizing to acquire major oil assets, signaling a new era in the country’s oil and gas sector.

  • GovernmentIn the News

    Prominent Businessman Chris Igwe Shifts to APC in Major Political Move

    by Oluwatosin Racheal Alabi January 17, 2024
    by Oluwatosin Racheal Alabi January 17, 2024

    In a strategic political realignment, oil tycoon Chris Igwe, alongside over 5,000 supporters, defects from PDP to APC following discussions with Senator Orji Uzor Kalu.

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  • NUPRC Lists 22 Offshore Projects to Boost Oil Output
  • Kenyan Investors get Access to Dangote Refinery IPO

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Nigeria’s Oil Boom: Record Production in September 2023

Oil prices slip below $101 as G7 reserve release eases fears
Lagos becomes first 24/7 Energy Zones pilot as FG and state join forces

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Oil prices slip below $101 as G7 reserve release...
Lagos becomes first 24/7 Energy Zones pilot as FG...
Renaissance Helps NLNG Raise Plant Utilisation to 82%

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