featured

KEY POINTS The Nigerian Employers’ Consultative Association, NECA, has renewed calls for the privatisation of the Port Harcourt and Warri refineries, arguing that decades of government-led rehabilitation efforts, reportedly costing …

KEY POINTS TotalEnergies is preparing to deploy a new floating storage and offloading (FSO) vessel, Adiana, offshore Nigeria by the end of 2027, in a move aimed at sustaining long-term …

KEY POINTS Libya’s largest operational oil refinery in Zawiya has suspended operations following intense clashes between armed groups near the facility. The National Oil Corporation (NOC) and the Zawiya Refining …

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 …

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. …