Nigeria lost an estimated 3,100 gigawatt-hours (GWh) of electricity generation potential in May 2026 due to continued gas flaring by oil companies, underscoring a […]
Category: Energy/Oil and Gas
Dangote Refinery Ends Naira Petrol Sales, Switches to Dollar-Based Pricing
Dangote Petroleum Refinery has officially ended naira-denominated sales of refined petroleum products, introducing a new pricing structure that sets the ex-depot price of Premium […]
Nigeria’s Crude Oil Production Hits Six-Year High, Surpasses OPEC Quota
Nigeria’s crude oil production rose to a six-year high in June, averaging 1.56 million barrels per day (bpd), representing 104 per cent of the […]
NOG Energy Week: NNPC, Partners Seal Landmark Gas Agreements to Boost Industrialisation and Energy Security
The Nigerian National Petroleum Company Limited (NNPC Ltd) and its industry partners have signed six landmark gas agreements aimed at accelerating Nigeria’s industrialisation, strengthening […]
NNPC Boss Calls for Stronger Energy Partnerships, Highlights Major Industry Gains
The Group Chief Executive Officer of the Nigerian National Petroleum Company (NNPC) Limited, Engr. Bashir Bayo Ojulari, has called for stronger collaboration across Nigeria’s […]
Solar Mini-Grids Now a Top Investment Opportunity in Nigeria’s Power Sector – FG
The Federal Government has said solar mini-grid electricity is rapidly emerging as one of the most attractive investment opportunities in Nigeria, positioning the renewable […]
Okpebholo Secures 10% Stake in 100MW Power Plant, Unveils Ambitious Energy Expansion Plan for Edo
Edo State Governor, Senator Monday Okpebholo, has secured a 10 per cent equity stake for the state in a proposed 100-megawatt (100MW) power plant, […]
Dangote Unveils 2.1mbpd Africa Refining Expansion, Commits $46bn to Nigeria, Kenya Growth
Dangote Industries Limited has unveiled an ambitious plan to increase its combined refining capacity to 2.1 million barrels per day (mbpd) across […]
DisCos Rake In ₦801bn Despite Persistent Power Outages Across Nigeria
Nigeria’s electricity distribution companies (DisCos) generated ₦801.16 billion from electricity consumers between January and April 2026, despite persistent power outages and unreliable electricity supply […]
FCCPC Slams Fuel Marketers Over High Petrol Prices Despite Falling Global Crude Costs
The Federal Competition and Consumer Protection Commission (FCCPC) has warned oil marketers against keeping petrol prices high despite the sharp decline in global crude […]
