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Oil & Gas

NNPC, Shell, Agip Sign Agreements to Advance $15bn Bonga South...

The Nigerian National Petroleum Company Limited (NNPC Ltd) and partners in Oil Mining Lease (OML) 118 have signed agreements to...

• BY Energy admin
• August 26, 2026

News Policies

Nigeria’s Refined Fuel Exports Rise Sevenfold as Dangote Refinery Expands

Nigeria’s seaborne petroleum product exports have increased seven-fold since 2023, driven largely by rising output from the Dangote Petroleum Refinery,...

• BY Energy admin
• August 26, 2026

Oil & Gas

Nigeria’s Petrol Puzzle: Why Rising Imports Are Returning Despite Expanding...

As Nigeria’s domestic refining capacity expands, reliance on imported petrol is rising again. According to fresh data from the Nigerian...

• BY Energy admin
• August 26, 2026

News Oil & Gas

After initial pause, Aradel targets 2027 PMS refinery expansion

Aradel Holdings Plc is targeting 2027 for the commencement of Premium Motor Spirit (PMS) production at its 11,000 barrels-per-day modular...

• BY Energy admin
• August 15, 2026

News Oil & Gas

NNPC’s ₦535bn June Profit Signals Financial Recovery

The Nigerian National Petroleum Company (NNPC) Limited has reported a 15.8% increase in profit after tax (PAT) to ₦535 billion...

• BY Energy admin
• August 2, 2026

News Power

Nigeria’s Electricity Tariff Freeze Signals Consumer Relief—but Sustainability Concerns Persist 

The Federal Government’s announcement that it has no immediate plans to increase electricity tariffs offers temporary relief to households and...

• BY Energy admin
• August 2, 2026

Oil & Gas

India Refinery Turns to Africa for Crude as Hormuz Crisis...

Indian refiners are searching for crude oil supplies from as far afield as Angola and Venezuela as escalating tensions in...

• BY Energy admin
• July 24, 2026

News Oil & Gas

Nigeria Offers Tax Incentives to Unlock Shell’s $20 Billion Deepwater...

Nigeria has approved a major tax incentive package for Shell Plc’s long-delayed Bonga Southwest Aparo (BSWA) deepwater oil project, marking...

• BY Energy admin
• July 15, 2026

News Oil & Gas

Fuel Prices Rise by ₦113 Per Litre as Dangote Ends...

Nigeria’s downstream petroleum market has entered another period of price volatility following the decision by Dangote Petroleum Refinery to discontinue...

• BY Energy admin
• July 15, 2026

Intelligence Oil & Gas

Oando in deep financial, regulatory trouble over ₦3.8tn capital deficit

Nigeria’s Oando Plc is facing financial and regulatory challenges after its own auditors flagged a N3.8 trillion working capital deficit...

• BY Energy admin
• July 12, 2026