Dangote Refinery Clarifies Media Speculation on Potential IPO Dangote Petroleum Refinery and Petrochemicals (“DPRP” or the “Enterprise”) has noted with concern the recent circulation of unauthorised information across various media and social platforms regarding a potential Initial Public Offering (“IPO”). DPRP further notes that several online platforms and unofficial sources have published unverified, and in…
Esso Conducts Groundbreaking Ceremony for Permanent Shore Base Facility at LADOL Esso Exploration and Production Nigeria Limited (EEPNL) an ExxonMobil affiliate, today held a groundbreaking ceremony marking the commencement of development of a permanent Shore Base facility at the Lagos Deep Offshore Logistics Base (LADOL). LADOL is building the purpose‑built Shore Base facility, with full…
NERC, State Regulators Inaugurate Forum of Nigerian Electricity Regulators (FONER) to Improve Electricity Regulation The Nigerian Electricity Regulatory Commission (NERC) has inaugurated a new forum aimed at enhancing coordination and effectiveness in electricity regulation across Nigeria. Speaking at the first quarter 2026 Regulatory Meeting with State Electricity Regulators (SERs) in Lagos, NERC Chairman, Dr Musiliu…
Nigeria Confronts Refining Gap as Middle East Tensions Rattle Oil Markets Geopolitical tensions in the Middle East are once again exposing a hard truth about global energy markets: supply disruptions, whether real or anticipated, travel fast and their consequences travel even faster. Shipping routes tighten, insurance premiums spike, and crude benchmarks react sharply to instability…
Amukpe-Escravos Pipeline at the Centre of High-Stakes Divestment Dispute Fresh questions over process, pricing and regulatory alignment are turning the Amukpe–EscravosPipeline into a critical test of governance, value protection and national interest in Nigeria’s oil sector. “The AEP matter is no longer just a transaction story. It has become a wider test of how Nigeria…
Chevron and Parties sign definitive agreement for Aseng Gas Monetization Project in Equatorial Guinea Noble Energy EG Ltd. (a Chevron company) with its co-venturers and the government of Equatorial Guinea have signed agreements for the Aseng Gas Monetization Project. The execution of the agreements is subject to relevant approvals and is a critical milestone towards…
CERAWeek 2026: Ojulari, NNPC GCEO says Capital Goes Where Value is Clear and Nigeria has Value The Group Chief Executive Officer of NNPC Limited, Engr. Bashir Bayo Ojulari, today delivered a characteristically direct and pragmatic assessment of Nigeria and Africa’s energy future at CERAWeek 2026, declaring that the country’s fundamentals are strong, its value proposition…
Post-NewsCentral Reflection: Fuel Pricing, Market Reality and Energy Transition Professor Wumi Iledare spoke on the recent petrol price increase to about ₦1,245 per litre and what it truly signifies for Nigeria’s energy political economy. According to him, the central point is straightforward local refining improves supply security, but it does not delink domestic petrol pricing…
Heirs Energies Drives African Entrepreneurship …Invests $10 million in 2,000 Startups Heirs Energies said sustainable energy development must be matched by sustained investment in people and enterprise. Chairman of Heirs Energies, Mr. Tony Elumelu, has consistently emphasized that “Africa’s future will be built by Africans who create businesses, generate jobs and drive economic transformation across…
Dangote Refinery has sold 12 Cargoes Totaling 456KT to Cote d’Ivoire, Cameroon, Tanzania, Ghana and Togo The Dangote Petroleum Refinery has strengthened Nigeria’s presence in the regional energy market with the successful sales of 12 cargoes, by traders, totaling 456,000 tonnes (456KT) of refined petroleum products. The shipments by traders, destined for countries such as…