A disagreement has emerged between the Federal Government and power generation companies (GenCos) over the actual debt owed in Nigeria’s electricity market, […]
Category: Energy/Oil and Gas
Dangote Refinery Dominates Nigeria’s Petrol Supply as FG Pauses Imports
Local refining now drives Nigeria’s petrol supply, with Dangote Petroleum Refinery supplying about 92% of daily demand in February after the […]
Fuel, Diesel May Hit N2,000, N3,000 Per Litre in Nigeria — PETROAN
The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has warned that petrol and diesel prices in Nigeria may rise […]
OPL 245: Tinubu resolves Nigeria’s largest untapped oil block dispute, 15 years later
After 15 years, President Bola Tinubu resolves protracted dispute over Oil Prospecting License 245 in the Niger Delta. The Nigerian government in a […]
Dangote Refinery emerges Nigeria’s energy buffer amid global refinery shutdowns
Dangote Petroleum Refinery and Petrochemicals assures Nigerians of its unwavering commitment to serving as a stabilising force amid latest shocks in the international […]
President Tinubu Approves N2.8trn Verified Power Sector Debt After Audit, Rejects Inflated Claims
President Bola Ahmed Tinubu has approved N2.8trn as the Federal Government’s verified electricity subsidy debt to power generation companies (GenCos), rejecting their N6tn […]
Strategic Energy Alliance: NNPC, Dangote Group Deepen Collaboration
The Nigerian National Petroleum Company Limited, NNPC Ltd. and the Dangote Group have forged a modernized strategic alliance aimed at accelerating energy security, […]
Dangote Refinery Reaches Full 650,000 bpd Capacity, Becomes World’s Largest CDU/MS Facility
The Dangote Petroleum Refinery has achieved a significant operational milestone, announcing that its Crude Distillation Unit (CDU) and Motor Spirit (MS) production block […]
NNPCL GCEO Says Gas Key to Nigeria’s Clean Energy Transition and Export Growth
Group Chief Executive Officer of NNPC Ltd, Engr. Bashir Bayo Ojulari, has emphasized that Nigeria’s path to prosperity depends on effectively harnessing its […]
Oil Prices Slide as Trump Signals Breakthrough in US–Iran Talks
Oil prices slide on Monday, February 2, 2026, recording their steepest single-session decline in more than six months after U.S. President Donald Trump […]