Oil & Gas

Strengthening Nigeria’s midstream, downstream petroleum sector through effective regulation

Nigeria’s petroleum industry has long been the backbone of the country’s economy, yet its regulatory landscape has historically faced challenges ranging from inefficiencies and infrastructure gaps...

Middle East conflict driving up energy value, costing Europeans billions of euros in energy bills

European Commission President, Ursula von der Leyen, on Wednesday, March 11, 2026, said the Middle East conflict has imposed heavy economic costs on Europe,...

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...

Latest news

VC, environmentalists raise alarm as world loses 10m hectares of forest annually

Vice-Chancellor of Igbinedion University, Okada, Prof. Lawrence Ezemonye, on Thursday, March 26, 2026, raised concerns over accelerating global deforestation,...
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WorldStage forecasts inflation drop to 12.94% amid reforms

WorldStage Nigeria projects inflation will ease to 12.94 per cent, citing ongoing reforms and cautious optimism for economic growth. The media...

Kano reviews 1959 Forestry Law to boost environment protection

Kano State Government is updating and reviewing its forestry law to align with modern standards. Mustapha Mohammad, Permanent Secretary, Ministry...

Must read

VC, environmentalists raise alarm as world loses 10m hectares of forest annually

Vice-Chancellor of Igbinedion University, Okada, Prof. Lawrence Ezemonye, on...

WorldStage forecasts inflation drop to 12.94% amid reforms

WorldStage Nigeria projects inflation will ease to 12.94 per cent,...
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