Energy

The National Oil Corporation (NOC), Libya’s state-owned body in charge of managing and regulating the country’s vital oil and gas sector, has released new figures showing steady production levels for …

Brega Oil Marketing Company, one of Libya’s key fuel and gas suppliers, has announced new measures to make the distribution of domestic gas cylinders more efficient in the western and …

The Dangote Petroleum Refinery has announced a major step to make fuel cheaper and easier to access across Nigeria. From Monday, August 12, 2025, the refinery reduced its ex-depot price …

Nigeria’s dependence on imported petrol has grown sharply, with fresh data showing that the country sourced 69 percent of its petrol needs from foreign suppliers in June 2025. Figures from …

Nigeria’s oil industry may soon experience a major turnaround, as six new offshore projects are expected to boost the country’s crude oil output by about 800,000 barrels per day (bpd). …

Peabody Energy, a mining company based in the United States, is expected to announce on August 19 whether it will continue with its $3.78 billion bid to buy Anglo American’s …

Filling stations across Lagos, Ogun and other parts of Nigeria have increased the pump price of Premium Motor Spirit (PMS), popularly called petrol, to ₦900 per litre and above, despite …

Oilden Energies Limited, one of Nigeria’s rising lubricant manufacturers, has announced that it will officially launch its brand and unveil a new subsidiary on Friday, August 15, 2025, in Lagos. …

Libya’s Presidential Council has announced plans to investigate and audit major contracts in the country’s oil and electricity sectors following years of heavy spending with little progress. The media office …

Elektron Finance SPV Plc, a funding vehicle fully owned by Elektron Energy Development Strategies Limited, has launched a N200bn bond issuance programme and successfully completed its debut N4.64bn Series 1 …