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Energy

Energy FEATURED Latest TOP STORIES 

Renaissance Inks 16-Year Deal to Supply Gas to Indorama Fertilizer

July 13, 2026 Markets Reporters 0 Comments Indorama Fertilizer, Renaissance Africa Energy Company, Tony Attah

Renaissance Africa Energy Company Limited has executed a landmark Gas Sale Agreement (GSA) with Indorama Fertilizer FZE, a subsidiary of

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Energy FEATURED Latest TOP STORIES 

ExxonMobil’s Esso Launches $1bn Usan Infill Project, Targets 40,000bpd Deepwater Boost for Nigeria

July 8, 2026July 8, 2026 Markets Reporters 0 Comments Esso Exploration and Production Nigeria, Jagir Baxi, Usan Field, Usan Infill Project

Esso Exploration and Production Nigeria Limited (Esso), a subsidiary of US oil giant ExxonMobil, has announced the commencement of on-block

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Energy FEATURED Latest TOP STORIES 

Why Fuel Prices Don’t Drop Overnight, Dangote Explains, Announces Another Cut

July 2, 2026July 2, 2026 Markets Reporters 0 Comments Dangote Petroleum Refinery & Petrochemicals, Fuel prices

Dangote Petroleum Refinery has explained why pump prices do not fall immediately when global crude prices decline, saying local product

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Energy FEATURED Latest TOP STORIES 

Shell, Nigerian Banks Launch $3bn Fund for Local Contractors

July 2, 2026July 2, 2026 Markets Reporters 0 Comments Shell Nigeria $3bn contractor support fund, SNEPCo

Shell Nigeria Exploration and Production Company Ltd (SNEPCo) today has launched a $3-billion Contract Finance Facility in partnership with nine

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Energy FEATURED Latest TOP STORIES 

Sahara Taps Ex–Ikeja Electric CEO Soetan to Lead Oilfield Services Subsidiary

July 1, 2026July 1, 2026 Markets Reporters 0 Comments Arahas Global Oilfield Services, Folake Soetan, Sahara Group

Sahara Group has appointed Mrs. Folake Soetan as Managing Director of Arahas Global Oilfield Services, as the energy and infrastructure

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Energy FEATURED Latest TOP STORIES 

Dangote, Congo’s National Oil Firm Open Talks on Fuel Supply, Refining Partnership  

June 30, 2026June 30, 2026 Markets Reporters 0 Comments Aliko Dangote, Dangote Industries Limited, Société Nationale des Pétroles du Congo

The Republic of the Congo’s national oil company, Société Nationale des Pétroles du Congo (SNPC), has begun discussions with Dangote

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Energy FEATURED Latest TOP STORIES 

Ikeja Electric Names New CEO as Folake Soetan Bows Out

June 27, 2026June 27, 2026 Markets Reporters 0 Comments Folake Soetan, Ikeja Electric, Ogochukwu Onyelucheya

Ikeja Electric has appointed Mrs. Ogochukwu Onyelucheya as acting chief executive officer, effective July 1, 2026, in a leadership reshuffle

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Energy FEATURED Latest TOP STORIES 

Dangote Refinery Rejects Claims of Exports Routed Back into Nigeria from Lome

June 23, 2026June 23, 2026 Markets Reporters 0 Comments Dangote refinery, Lomé

Dangote Refinery has dismissed as “baseless and unsubstantiated” claims that petroleum products refined at its facility are exported to Lomé,

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Energy FEATURED Latest TOP STORIES 

Nigerian Fuel Retailers Push for Lower Prices and More Import Licences 

June 19, 2026June 19, 2026 Markets Reporters 0 Comments Billy Gillis Harry, Dangote refinery, PETROAN

The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has urged refiners, depot owners, and importers to immediately reduce

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Energy FEATURED Latest TOP STORIES 

Firm Gets Licence to Build New Refinery in Rivers State

June 19, 2026June 19, 2026 Markets Reporters 0 Comments Foster Petroleum Development Company, NMDPRA, Refinery in Gokana

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has issued a licence to construct (LTC) to Foster Petroleum Development

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