Energy
Seplat Appoints Tony Elumelu to Board After Heirs Holdings Emerges Largest Shareholder
Seplat Energy Plc has announced the appointment of renowned entrepreneur and philanthropist, Tony Elumelu, as a Non-Executive Director on its...
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Oil Prices Fall as Kazakh Production Halt Risks Ease Amid Rising U.S. Crude Inventories
Oil prices fell on Wednesday as an expected build-up of U.S. crude inventories outweighed a temporary halt in output at...
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Senegal Revokes Offshore Oil Licence Held by Atlas Oranto Over Non-Performance
The Senegalese government has revoked the Cayar Offshore Shallow exploration licence held by Atlas Oranto Petroleum after determining that the...
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Nigeria’s Power Gencos Lose N2.28 Trillion to Stranded Capacity in a Decade
Nigeria’s electricity Generation Companies (Gencos) reportedly lost an estimated N2.28 trillion in capacity payments between 2015 and 2025, as a...
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Seplat Energy’s ANOH Gas Project Achieves First Gas, Boosts Domestic Energy Supply
Seplat Energy Plc has announced that its 300 Million Standard Cubic Feet per Day (MMscfd) ANOH gas project has achieved...
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Oil Prices Rise on Weaker Dollar Amid Market Watch on Trump’s Greenland Tariffs
Oil prices edged higher on Tuesday, supported by a weaker U.S. dollar, as markets closely monitored President Donald Trump’s threat...
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Oil Prices Dip in Asian Trade as U.S.-Iran Tensions Ease
Oil prices fell in Asian trading on Friday, extending losses from the previous session, as concerns over potential supply disruptions...
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Fuel Availability Improves as Petrol Supply Hits 74.2m Litres Daily in December — NMDPRA
Fuel availability and national stock levels improved significantly in December 2025, with petrol supply rising to 74.2 million litres per...
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Dangote Refinery Denies Preferential Pricing for MRS, Says All Marketers Buy at Same Ex-Gate Rate
Dangote Refinery Plc has dismissed claims that its pricing structure favours MRS Oil Nigeria Plc or undermines competition in Nigeria’s...
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OPEC Hails Nigeria’s Non-Oil Sector for Boosting Economic Growth in H2 2025
The Organisation of Petroleum Exporting Countries (OPEC) has acknowledged the positive contribution of Nigeria’s non-oil sector to the country’s economic...
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