Barring any last-minute change, the Dangote Petroleum Refinery is set to begin its direct fuel distribution scheme soon as 1,000 Compressed Natural Gas-powered trucks ordered for the project have arrived …
Oil & Gas
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BusinessEconomyEnergyInfrastructureOil & GasTransportation
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BankingBusinessEconomyFinanceForex TradingOil & Gas
Naira Gains Slightly as Nigeria’s External Reserves Hit $41 Billion High
The Nigerian naira recorded a slight appreciation against the United States dollar on Thursday at the official foreign exchange market, as the country’s external reserves rose to a four-year high …
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AfricaConflictEconomyGovernanceOil & GasPolitics
President Kiir Sacks South Sudan Finance Minister as Economy Faces Deepening Crisis
South Sudan’s President Salva Kiir Mayardit has dismissed the country’s finance minister, continuing a pattern of frequent changes in the top economic post as the nation struggles with rising inflation, …
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AfricaBusiness and EconomyEnergyInternationalOil & Gas
NESR Secures $100m Energy Contracts in Algeria and Libya
The National Energy Services Reunited Corp. (NESR), a leading international provider of integrated energy services across the Middle East and North Africa (MENA), has announced the award of several major …
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BusinessEconomyEnergyEnvironmentOil & GasPower Sector
Nigeria Produces 1.37 Trillion scf of Gas in Six Months as Experts Warn on Policy Gaps
Nigeria produced about 1.37 trillion standard cubic feet (scf) of natural gas between January and June 2025, according to fresh data released by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). …
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BusinessEconomyEnergyGovernanceLabourOil & Gas
Petroleum Retailers Slam NNPC GCEO for Skipping Port Harcourt Refinery Visit
Petroleum retailers in Rivers State have expressed disappointment that the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Mr Bayo Ojulari, failed to visit the Port Harcourt …
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BusinessEconomyEnergyGovernment PolicyInfrastructureOil & Gas
Tinubu Hails NNPC and Sahara Group Over New LPG Vessel ‘MT Iyaloja Lagos’
President Bola Ahmed Tinubu has praised the Nigerian National Petroleum Company Limited (NNPC Ltd) and Sahara Group for their commitment to strengthening Africa’s role in the global clean energy market. …
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EnergyGeopoliticsMarket ForecastOil & GasTrade & Investment,
OPEC and IEA Disagree on Oil Market Outlook for 2025-2026
The Organization of the Petroleum Exporting Countries (OPEC) and the International Energy Agency (IEA) are still giving different forecasts for the oil market over the next two years. Their latest …
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Community DevelopmentEconomyEnvironmentNigeriaOil & GasSecurity
NNPCL to Expand Tantita Security’s Pipeline Surveillance Across Niger Delta
A concerned citizen, Mr. Prezugha Ezon, has called on the Federal Government and the Nigerian National Petroleum Company Limited (NNPCL) to extend the pipeline surveillance contract of Tantita Security Services …
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EnergyInternational AffairsLeadershipNigeriaOil & Gas
Nigerian Geoscientist Seye Ekun Elected Vice President of AAPG Africa Region
A Nigerian petroleum geoscientist, Mr. Seye Ekun, has been elected as the Vice President of the American Association of Petroleum Geologists (AAPG) Africa Region. His tenure will run from July …