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South Africa to raise fuel prices from 6 May

Nigeria, May 5 -- South Africa has announced an upward adjustment in fuel prices effective 6 May 2026, citing rising global crude oil prices, higher international petroleum product costs, and supply d... Read More


NNPC posts N276 billion profit in March

Nigeria, May 4 -- The Nigerian National Petroleum Company Limited (NNPCL) posted a profit after tax of N276 billion in March 2026, as the national oil firm sustained growth in gas production and sales... Read More


NNPC signs MoU with Chinese firms to revive Warri, Port Harcourt refineries

Nigeria, May 4 -- The Nigerian National Petroleum Company Limited (NNPCL) has announced that it signed a Memorandum of Understanding (MoU) with two Chinese companies to support the completion, operati... Read More


Dangote denies rift with Tony Elumelu, rejects refinery funding claims

Nigeria, May 4 -- The Dangote Group has dismissed as "false, malicious, and baseless" a publication claiming its President, Aliko Dangote, fell out with Tony Elumelu, after a failed request for financ... Read More


Tinubu appoints new special adviser on power

Nigeria, May 1 -- President Bola Tinubu has appointed Lanre Babalola as the Special Adviser to the President on Power and Chairman of the Presidential Task Force on Power Sector Reset and Restoration.... Read More


OB3 Completion marks major leap in Nigeria's Gas Infrastructure - Minister

Nigeria, April 30 -- Nigeria's Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, has commended NNPC Limited for the successful completion of the River Niger crossing on the Obiafu-Obrik... Read More


Tinubu appoints ex-Dangote executive as NMDPRA chief

Nigeria, April 30 -- Many Nigerians, especially stakeholders in the oil and gas industry, were taken by surprise on Wednesday following the announcement that President Bola Tinubu had approved the rem... Read More


JUST IN: Tinubu sacks NMDPRA CEO

Nigeria, April 29 -- President Bola Tinubu has approved the removal of Saidu Mohammed as the Authority Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA).... Read More


UPDATED : Tinubu sacks NMDPRA CEO

Nigeria, April 29 -- President Bola Tinubu has approved the removal of Saidu Mohammed as the Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA). The deve... Read More


Lagos bets on local power amid incessant grid collapses

Nigeria, April 29 -- Lagos, Nigeria's commercial capital, is betting that the country's chronic electricity shortages can be tackled outside the national grid, scaling up state-backed power generation... Read More