KEY POINTS The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, NNPC, Bayo Ojulari, has said the company’s collaboration with the Dangote Refinery has strengthened Nigeria’s fuel …
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KEY POINTS The Central Bank of Nigeria, CBN, has approved full repatriation of export proceeds by international oil companies, granting them unrestricted access to 100 percent of their foreign exchange …
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In the NewsOil & Gas
Oil Producers Get Faster Approvals to Revive Idle Nigerian Wells as Output Push Intensifies
KEY POINTS Oil producers operating in Nigeria are now receiving significantly faster approvals to revive idle wells, as authorities move to boost crude output and strengthen the country’s position in …
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In the NewsOil & Gas
Dangote Refinery Receives Five Crude Cargos Instead of 15 Under Crude-for-Naira Deal
KEY POINTS The Dangote Refinery has raised concerns over a major shortfall in crude oil allocations under the Federal Government’s crude-for-naira programme, revealing that it is receiving far fewer shipments …
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KEY POINTS The Nigerian Electricity Regulatory Commission (NERC) has approved the appointment of Sherifat Adegbenro as the acting Chief Executive Officer of Eko Electricity Distribution Company (EKEDC). The approval was …
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KEY POINTS The United States has warned the European Union to implement a previously agreed trade deal without amendments or risk losing favourable access to liquefied natural gas, LNG, shipments …
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Energy TransitionIn the News
Court Orders Eskom to Disclose Coal and Diesel Contracts in Transparency Ruling
KEY POINTS South Africa’s Supreme Court of Appeal has ordered power utility Eskom to disclose its coal and diesel supply contracts, in a landmark ruling expected to shed light on …
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KEY POINTS Kazakhstan and Shell have agreed to strengthen cooperation in the oil and gas sector following talks between Kazakhstan’s Energy Minister Yerlan Akkenzhenov and Shell Chief Executive Officer Wael …
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KEY POINTS Nigeria recorded a combined crude oil and condensate production shortfall of about 16.6 million barrels in January and February 2026, according to data released by the Nigerian Upstream …
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Energy TransitionIn the News
Ikeja Electric Blames Lagos Power Outages on Nationwide Drop in Generation
KEY POINTS Electricity distribution company Ikeja Electric has attributed the worsening power outages across Lagos to a nationwide decline in electricity generation. The company said the development has significantly reduced …