Oil & Gas

Dangote Refinery: How Nigeria’s petrol prices remain among world’s lowest

Nigeria has retained one of the lowest petrol prices globally despite recent increases driven by geopolitical tensions in the Middle East, with industry data...

Kia, TotalEnergies celebrate 15 years of collaboration with fourth contract renewal

Kia Corporation and TotalEnergies Lubrifiants have renewed their global partnership for an additional five-year term effective April 1, 2026. The agreement builds on a...

Global tensions: West Africa’s fuel market resilient – MEMAN

West Africa’s downstream petroleum sector is proving resilient in spite of escalating geopolitical tensions, industry leaders declared during a high-level webinar convened on Tuesday,...

NUPRC notifies pre-qualified applicants for 2025 licensing round

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says it has completed the pre-qualification stage of the 2025 oil Licensing Round and notified successful pre-qualified...

Nigeria can weather global crisis, seize energy opportunities – NUPRC Board Chairman

Nigeria is in a relatively strong position to navigate the situation and possibly benefit from emerging opportunities in the current global crisis. Sen. Magnus Abe,...

Motorists, commuters groan as petrol hits N1,350 per litre

Motorists and commuters across Lagos are facing rising transportation costs following another increase in the pump price of petrol, which now sells for between...

Era of dormant oil licences over – NUPRC

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says the era of companies holding on to their prospecting oil licences without developing their assets is...

33 young engineers begin training as NCDMB reiterates mandate

Thirty-three young graduates of engineering, geology and related disciplines on Friday, March 13, 2026, in Port Harcourt, Rivers State, underwent opening formalities for a...

Latest news

Minister wants regional energy hubs established to boost cross-border mining

The Minister of Solid Minerals Development, Dele Alake, has called for the establishment of regional energy hubs as a...
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Elumelu Foundation commits $16m to empowering additional 3,200 young African entrepreneurs

The Tony Elumelu Foundation (TEF) on Sunday, March 22, unveiled 3,200 new beneficiaries with 5,000 dollars empowerment grant for...

Centre flags rising fake news, insecurity, political distrust shaping Nigeria’s pre-election climate

The Centre for Crisis Communication (CCC) has raised fresh concerns over a dangerous convergence of insecurity, political distrust, and...

Must read

Minister wants regional energy hubs established to boost cross-border mining

The Minister of Solid Minerals Development, Dele Alake, has...

Elumelu Foundation commits $16m to empowering additional 3,200 young African entrepreneurs

The Tony Elumelu Foundation (TEF) on Sunday, March 22,...
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NNPC calls for equitable, people-centred energy transition in Africa

The Nigerian National Petroleum Company Limited (NNPC Ltd.) says...