Energy
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NNPC Seals Deal with Chinese Firms to Fix Refineries After $2.4bn Spent
The Nigerian National Petroleum Company Limited (NNPC) has signed a Memorandum of Understanding (MoU) with two Chinese firms to rehabilitate…
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NNPC Posts N276bn Profit as Gas Output Rises in March 2026
The Nigerian National Petroleum Company Limited (NNPC) has reported a profit after tax of N276 billion for March 2026, as…
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UAE Exits OPEC, Raising Concerns Over Global Oil Stability
The United Arab Emirates has announced plans to withdraw from OPEC and its allied grouping OPEC+, ending nearly 60 years…
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Nigeria’s Oil Ambition: A Race to 2 Million BPD
The Federal Government says Nigeria is currently producing about 1.745 million barrels of crude oil per day (bpd), targeting to…
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Global Gas Market Reacts: Ceasefire Drives Price Drop
The price of European natural gas dropped significantly amid signs of easing tensions in the Middle East, after a ceasefire…
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Nigeria’s $25 Billion Undersea Gas Pipeline: A Gateway to Europe
Vice-President Kashim Shettima says Nigeria is pursuing a $25 billion undersea gas pipeline project aimed at supplying natural gas to…
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Oil Market Volatility: OPEC+ Hikes, Tariffs, and Geopolitics Shape Future Prices
Oil prices are on track for a second consecutive weekly decline amid expectations that the eight-member OPEC+ group will move…
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Nigeria’s Oil Sector: APPO Urges Pan-African Expansion
Dr. Omar Ibrahim, Secretary General of the African Petroleum Producers’ Organisation (APPO), has urged Nigerian oil sector players to expand…
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Kwara’s Power Play: Bill Moves Forward
The Kwara State Electric Power Sector Bill has been read for the second time at the Kwara State House of…
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Titans Unite: NNPC and Dangote Forge Alliance for Nigeria’s Energy Security
The Nigerian National Petroleum Company Limited (NNPC Ltd.) and Dangote Petroleum Refinery and Petrochemicals have pledged to deepen collaboration on…
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