Energy
Oil Prices Rise Amid Fragile U.S.–Iran Talks and Stronger Demand from India
Oil prices gained on Wednesday, supported by heightened geopolitical risk as U.S.–Iran negotiations remained delicate and signs of stronger demand...
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Nigeria Pledges Additional Funding to Africa Energy Bank to Ensure Takeoff
The Federal Government has assured that it is ready to provide additional funding to the Africa Energy Bank to guarantee...
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NUPRC Urges Global Investors to Tap Nigeria’s 2025 Oil and Gas Licensing Round
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has called on global investors to take advantage of opportunities in Nigeria’s 2025...
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Dangote Refinery Cuts PMS Ex-Depot Price by N25 to N774 per Litre
Dangote Petroleum Refinery and Petrochemicals FZE has reduced the gantry price of Premium Motor Spirit (PMS) by N25 per litre,...
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Digital Payments Now Drive 43% of Fuel Transactions in Nigeria – Moniepoint Report
Digital payment channels now account for 43 per cent of fuel transactions in Nigeria, signalling a significant shift away from...
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Oil Prices Dip Slightly as Hormuz Tensions Keep Traders on Edge
Oil prices edged lower on Tuesday as investors assessed the risk of potential supply disruptions following fresh U.S. guidance to...
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NCDMB Reaffirms Commitment to Cross-Border Oil, Gas Trade Through AfCFTA
The Nigerian Content Development and Monitoring Board (NCDMB) has reaffirmed its commitment to promoting cross-border oil and gas trade across...
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NERC Says Only 36% of Nigeria’s Installed Power Capacity Was Available in January
The Nigerian Electricity Regulatory Commission (NERC) has disclosed that only an average of 4,901 megawatts (MW) out of Nigeria’s total...
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Dangote Refinery Denies Importing Finished Fuel, Calls Reports Misleading
Dangote Petroleum Refinery has dismissed recent reports suggesting it imports finished Premium Motor Spirit (PMS) into Nigeria, describing the claims...
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Marketers Hail Planned Resumption of Fuel Import Permits by NMDPRA
Petroleum marketers have expressed optimism over indications that the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) will resume the...
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