Energy
Dangote Partners to Sell Petrol at N739/Litre as Price War Deepens
Barring any last-minute change, MRS Oil Nigeria Plc and other partners of the Dangote Petroleum Refinery are set to begin...
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Dangote Refinery Cuts Petrol Ex-Depot Price to ₦699 per Litre
The Dangote Petroleum Refinery has again reduced the gantry price of Premium Motor Spirit (PMS), lowering the ex-depot rate from...
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Dangote Refinery Receives Second Ghanaian Crude Cargo as Maintenance Cuts Intake
The Dangote Petroleum Refinery has received its second-ever crude oil cargo from Ghana, marking a strategic shift in its feedstock...
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NMDPRA Licenses JEX Markets, Sets Stage for Nigeria’s First Gas Trading, Clearing and Settlement Platform
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has formally licensed JEX Markets as Nigeria’s pioneering gas trading, clearing...
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Nigeria Posts Strongest Monthly Output Gain in Months as Production Hits 1.436mbpd in November
Nigeria recorded one of the strongest month-on-month crude oil production increases among members of the Organisation of the Petroleum Exporting...
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Nigeria’s Daily Petrol Consumption Drops to 52.9 Million Litres in November 2025
Data from the latest Fact Sheet by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) shows that daily petrol...
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FG Begins Repayment of ₦4tn GenCos Debt with ₦590bn Bond Issuance
The Federal Government has commenced the long-awaited process of repaying the ₦4 trillion debt owed to Power Generation Companies (GenCos)...
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NNPC E&P Records Highest Daily Oil Output in 36 Years at 355,000 Barrels Per Day
The Nigerian National Petroleum Company’s upstream subsidiary, NNPC Exploration and Production Limited (NNPC E&P), has recorded its highest daily crude...
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NERC Threatens Sanctions as DisCos Lag in Meter Rollout, Refunds
Electricity Distribution Companies (DisCos) are facing increased scrutiny over their slow pace of meter deployment and poor refund performance, as...
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TotalEnergies Sells 40% Stake in Nigerian Offshore Licenses to Chevron
TotalEnergies has announced the sale of a 40% stake in two offshore exploration licenses in Nigeria to Chevron, in a...
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