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Energy

Energy FEATURED Latest TOP STORIES 

Dangote Cement turns to local coal, deploys 1,500 CNG trucks

March 14, 2025March 14, 2025 Markets Reporters 0 Comments CNG trucks, Dangote Cement, Gbenga Fapohunda

Dangote Cement has started using local coal in its plants as imports became pricier and turned to trucks powered by

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Energy FEATURED Latest TOP STORIES 

Renaissance takes over Shell’s Nigerian onshore business SPDC 

March 13, 2025March 14, 2025 Markets Reporters 0 Comments Renaissance Africa Energy Company, SPDC acquisition

Shell has completed the sale of the Shell Petroleum Development Company of Nigeria Limited (SPDC) to Renaissance, as announced 16

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Energy FEATURED Latest TOP STORIES 

Nigeria’s oil output falls for first time in five months

March 12, 2025March 13, 2025 Markets Reporters 0 Comments NUPRC, Oil production in Nigeria

Crude oil production in Nigeria declined in February for the first time in five months, new official data shows. Africa’s

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Energy FEATURED Latest TOP STORIES 

NNPC says talks underway for new naira-priced oil contract with Dangote refinery

March 10, 2025March 10, 2025 Markets Reporters 0 Comments Dangote refinery, NNPC crude sales to Dangote

The Nigerian National Petroleum Company has said discussions are ongoing towards a new contract for the supply of crude oil

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Energy FEATURED Latest TOP STORIES 

Savannah Energy takes over Sinopec’s Nigerian unit SIPEC in $37m deal

March 10, 2025March 10, 2025 Markets Reporters 0 Comments Savannah Energy, SIPEC acquisition

Savannah Energy Plc has announced the completion of the acquisition of the 100 percent of the outstanding share capital of

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Energy FEATURED Latest TOP STORIES 

Three firms get licences to build oil refineries in Abia, Delta, Edo 

March 7, 2025March 7, 2025 Markets Reporters 0 Comments Eghudu Refinery, HIS Refining and Petrochemical Company, MB Refinery and Petrochemicals

The Nigerian Midstream and Downstream Petroleum Regulatory Authority has given licences to three companies to build refineries in Edo, Delta

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Energy Latest TOP STORIES 

NNPC to supply gas to LNG plant in Lekki FTZ for 20yrs

March 7, 2025March 8, 2025 Markets Reporters 0 Comments LNG plant in Lekki FTZ, Ssonic Petroleum

The NNPC Gas Marketing Ltd (NGML), a subsidiary of the NNPC Ltd, and its unincorporated joint venture partner, NIPCO Gas

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Energy FEATURED Latest TOP STORIES 

Oil price tumbles to lowest since May 2021 amid Trump’s energy push

March 5, 2025March 5, 2025 Markets Reporters 0 Comments Brent price, Oil price fall, Trump drill baby drill

Brent crude, the global oil price benchmark, fell below the $70 mark on Thursday for the first time since May

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Energy FEATURED Latest TOP STORIES 

Dangote loses N16bn as customers who bought petrol at old prices get refund 

March 3, 2025March 3, 2025 Markets Reporters 0 Comments Dangote petro price cut, Dangote refinery

Dangote Petroleum Refinery & Petrochemicals has announced that it will refund customers who purchase petrol at rates higher than the

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Energy FEATURED Latest TOP STORIES 

Nigeria LNG builds third jetty for exports across Africa

February 27, 2025February 27, 2025 Markets Reporters 0 Comments Nigeria LNG, NLNG, Philip Mshelbila

Nigeria LNG (NLNG), the country’s biggest gas exporter, is building a third jetty to support small-scale vessels in supplying gas

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