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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 …

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 …

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 …

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 …

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 …

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. …

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 …

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. …

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 …

KEY POINTS Nigerian billionaire businessman, Femi Otedola, has denied reports claiming he funded the Dangote Petroleum Refinery, describing the claims as false and misleading. In a post on X (formerly …