Oil & Gas

Dangote Refinery sells 12 PMS cargoes to Ghana, Cameroon, Tanzania, Togo, Côte d’Ivoire

The Dangote Petroleum Refinery has strengthened Nigeria’s presence in the regional energy market with the successful sales of 12 cargoes, by traders, totaling 456,000...

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...

Latest news

Finance Minister lauds NUPRC as daily production hits 1.84m

The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has commended the Nigerian Upstream Petroleum...
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River Basin Authority to resume dam construction after 40 years

The Hadeja-Jama’are River Basin Development Authority has restarted construction of the Kafin Zaki dam project, in Ningi Local Government Area...

Ghana boycotts Africa Energies Summit as industry pushes back against discrimination

Ghana has moved to boycott the upcoming Africa Energies Summit in London this May, a decision that reflects growing...

Must read

Finance Minister lauds NUPRC as daily production hits 1.84m

The Minister of Finance and Coordinating Minister of the...

River Basin Authority to resume dam construction after 40 years

The Hadeja-Jama’are River Basin Development Authority has restarted construction...
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