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KEY POINTS Reports that the Dangote Petroleum Refinery is closing down for maintenance have been denied by the company, which calls the claims false and says they could hurt the …

KEY POINTS The Kano Electricity Distribution Company said on Monday that a fire at a key electricity substation damaged a power transformer, leaving parts of Katsina metropolis in the dark. …

KEY POINTS Leye Falade is the new CEO of Nigeria Liquefied Natural Gas Limited, NLNG. This is a big change in leadership at one of the country’s most important energy …

KEY POINTS A memorandum of understanding has been signed by Egypt and Qatar to enhance their cooperation in the sales and import of LNG. The Egyptian petroleum ministry said on …

KEY POINTS Nigeria is saving more than N10 trillion every year following the removal of fuel subsidy, according to Senator Olamilekan Adeola, representing Ogun West Senatorial District. Speaking on Saturday …

KEY POINTS Petralon Energy, an indigenous oil exploration and production company, has appointed Uduak Equere as Executive Director, effective January 5, 2026, marking a key leadership move after a year …

KEY POINTS As competition in the downstream oil market intensifies, the Nigerian National Petroleum Company Limited, NNPC, has once again reduced the price of fuel at its retail locations by …

KEY POINTS Nigerian billionaire Femi Otedola has sold his majority stake in Geregu Power Plc, one of the country’s main electricity generators, in a deal valued at $750 million. The …

KEY POINTS Tankers moving crude oil by Chevron under a specific US license have successfully delivered Venezuelan cargoes to American ports in recent days, even as the government enforces a …

KEY POINTS Oil prices moved higher on Monday as investors digested the outcome of talks between U.S. President Donald Trump and Ukrainian President Volodymyr Zelenskiy, while keeping a close eye …