Petrol Price Chaos: Nigerians Face Fresh Burden
By Gideon Osaka
In May 2023 when the multibillion-dollar Dangote Refinery was officially commissioned, it was hailed as a national pride and a monumental achievement for Nigeria’s petroleum sector. The 650,000 barrels per day (bpd)…
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2027 Election: Ireti Kingibe Raises Alarm Over Nigeria’s 25% Tax Rate
According to Punch Newspapers on Monday, October 19, 2026, Senator Ireti Kingibe has raised concerns over Nigeria’s tax reforms, warning that citizens could face increased financial pressure in 2027 under President Bola Tinubu’s…
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NCDMB, Dangote, Push for Sustainable Nigerian Content
... Call Industry to Go Beyond Compliance
The Nigerian Content Development and Monitoring Board (NCDMB) and the Dangote Group have urged a decisive transition from mere regulatory compliance to a stronger national commitment…
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NNPC Activates Emergency Response To Eleme Pipeline Incident
The Nigerian National Petroleum Company Limited (NNPC) Limited confirms that an explosion occurred on Thursday, 15 October 2026, on a gas pipeline belonging to its subsidiary, NNPC Gas Infrastructure Company Limited (NGIC), in Aleto…
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Petrosen Targets Yakaar-Teranga FID by End-2027 as it Seeks Partners
Senegal’s Petrosen is targeting FID on the Yakaar-Teranga gas project by the end of 2027 as it seeks partners to help advance development. The offshore discovery is central to Senegal’s plans to expand domestic gas supply, lower…
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African Energy Leaders Call for Action on South-South Oil & Gas Partnerships
African and Caribbean energy leaders called for stronger cross-border investment, technology transfer and enforceable local-content requirements to ensure emerging oil and gas producers capture more value from their resources during…
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From AEW2026 Closing Ceremony In Cape Town
For every beginning, there must be an end. AEW 2026 has come to a close. Kudos to NJ Ayuk and his entire team for a superbly organized event.
It has been four powerful days of insightful sessions, engaging townhall meetings,…
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Nigeria not among 12 Africa’s Fastest Growing Economies – IMF
...Lists 20 world's fastest growing economies
By Saidu Abubakar
Nigeria is NOT among the 12 African counties listed by the IMF out of the 20 world's fastest growing economies. This, is, according to IMF, April 2026 projections…
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Reforms, Investments, Partnership key to Nigeria’s energy future – Shell
L-R: President of the Lagos Business School Energy Club, Sebilat Quadri; Managing Director of Shell Nigeria Exploration and Production Company Limited (SNEPCo), Ronald Adams; Dean of Lagos Business School, Olayinka David-West; and Lagos…
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Sonangol Targets 10% Production Growth by 2030 as IOC Partnerships Drive Expansion
Angola’s national oil company Sonangol is targeting a 10% increase in operated production by 2030, supported by new exploration, accelerated field development and stronger partnerships with international oil companies (IOCs).
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