Oil & Gas

G7 urged to tax fossil fuel windfall profits amid surging oil prices

G7 countries were on Tuesday, March 10, 2026, urged to enact a windfall tax or tax on the excess profits of oil and gas...

PETROAN tasks NNPC on domestic refining to curb global shocks

The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has urged the Nigerian National Petroleum Company Limited (NNPC Ltd.) to urgently strengthen domestic...

Dangote raises petrol price to N1,175 per litre in third weekly hike

The Dangote Petroleum Refinery has again increased the gantry price of Premium Motor Spirit (PMS) to N1,175 per litre. This marked the third upward adjustment...

SPE Nigeria to chart path beyond 3m bpd at OLEF 2026

The Society of Petroleum Engineers (SPE) Nigeria Council has announced that the 2026 Oloibiri Lecture Series and Energy Forum (OLEF) will take place on...

Kunle Odusola-Stevenson: Middle East turmoil brings Nigeria an oil windfall – and a choice

In global energy markets, geopolitics has a habit of repeating old lessons. The latest crisis in the Middle East - triggered by U.S. and Israeli...

Global oil spike: Economists credit Dangote Refinery for averting fuel crisis

Energy and economic experts have commended Dangote Petroleum Refinery & Petrochemicals for cushioning Nigeria from the full force of the global oil shock triggered...

Tinubu resolves OPL 245 dispute with ENI, unlocks deepwater investment

President Bola Tinubu on Thursday, March 5, 2026, announced the successful conclusion of a settlement agreement between the Federal Government, Eni and Nigerian Agip...

Gas supply constraints continue to lower electricity generation – NISO

The Nigerian Independent System Operator (NISO) says the continued decline in electricity generation on the national grid is due to persistent gas supply constraints...

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Abuja technology forum to convene youth, CSOs, media

PROMAD, a civic innovation organisation, says it will convene a one-day Hybrid Youth, CSO & Media Roundtable on Youth,...
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Nigeria unveils plan to lift 50m out of poverty by 2030

The Minister of Humanitarian Affairs and Poverty Reduction, Dr Bernard Doro, has inaugurated the “One Humanitarian-One Poverty Response System...

Ikeja Electric cites generation drop for Lagos outages

Ikeja Electric (IE) says residents and businesses across Lagos are experiencing reduced electricity supply following a nationwide drop in...

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Abuja technology forum to convene youth, CSOs, media

PROMAD, a civic innovation organisation, says it will convene...

Nigeria unveils plan to lift 50m out of poverty by 2030

The Minister of Humanitarian Affairs and Poverty Reduction, Dr...
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