Energy

Brazil’s state-owned oil company, Petrobras, has marked a strategic return to the African oil and gas sector with the acquisition of a 42.5 per cent stake in an offshore oil …

Shell Nigeria Exploration and Production Company Limited (SNEPCo) has commenced a major turnaround maintenance programme on the Bonga Floating Production Storage and Offloading (FPSO) vessel, a development expected to temporarily …

The Nigerian National Petroleum Company Limited (NNPC Ltd.) has again increased the pump price of Premium Motor Spirit (PMS), marking the second adjustment within 48 hours and deepening concerns over …

Eight major manufacturing companies in Nigeria spent a combined N1.01 trillion on energy and raw materials in the nine months ended September 30, 2025, representing a 21.1 per cent increase …

Nigeria’s drive to ramp up crude oil production received a fresh boost on Monday as the Nigerian National Petroleum Company Limited (NNPCL) confirmed a new oil and gas discovery by …

Seplat Energy Plc has reaffirmed that oil and gas will remain a key part of Nigeria’s energy mix, while calling on operators to conduct their activities responsibly, efficiently, and sustainably. …

Nigeria’s downstream petroleum sector is facing a major shift as members of the Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) raise concerns over persistently low activity levels across …

Dangote Cement Plc has rewarded its distributors and customers with incentives worth about ₦15 billion, in a move the company says is aimed at appreciating loyalty, resilience and strong performance …

TotalEnergies EP Nigeria has signed a Sale and Purchase Agreement with Vaaris for the divestment of its 10 per cent non-operated interest in the onshore assets of the Renaissance Joint …

The Federal Government has commenced enforcement of a 0.5 per cent levy on the wholesale price of petroleum products and natural gas, tightening regulatory oversight in the downstream segment of …