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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EU announces €288m grant to Nigeria’s healthcare sector, others

The European Union (EU) delegation to Nigeria and ECOWAS has announced the roll-out support of €288 million to Nigeria’s...
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TotalEnergies signs agreements with U.S. to end offshore wind projects

TotalEnergies has signed settlement agreements with the United States Department of the Interior (DOI) to relinquish its Carolina Long...

New calculator shows how beach cleanup protects wildlife

Ahead of Earth Month, Ocean Conservancy is launching a free, publicly available website, WildlifeImpactCalculator.org, to enable people who clean up...

Must read

EU announces €288m grant to Nigeria’s healthcare sector, others

The European Union (EU) delegation to Nigeria and ECOWAS...

TotalEnergies signs agreements with U.S. to end offshore wind projects

TotalEnergies has signed settlement agreements with the United States...
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