6 stories found
***Africa Energy Bank to start operations in October — Farouk By Udeme Akpan, Energy Editor Africa needs more than $200 billion annually in energy investment by 2030 to develop oil and gas, expand…
By Udeme Akpan Dangote Petroleum Refinery & Petrochemicals has indicated its commitment to stabilising energy supply to Nigeria amid recent shocks in the international oil market. The ongoing…
By Udeme Akpan Nigeria’s petroleum industry is undergoing a shift from an export-driven crude oil model towards greater domestic processing following the operationalisation of the Dangote Petroleum…
By Udeme Akpan, Energy Editor Renaissance Africa Energy Company Limited pulled off the biggest divestment transaction by an indigenous company in Nigeria’s history last March when it completed the…
•As NUPRC shortlists investors for 50 oil blocks By Udeme Akpan, Energy Editor Nigeria’s oil output, including Condensate, has dropped month-on-month, MoM, by nine per cent to 1.483 million barrels per day, bpd in February 2026 from 1.627 million bpd in January 2026. The Nigerian Upstream Petroleum Regulatory Commission, NUPRC, disclosed this yesterday in its report – […] The post Nigeria’s oil output drops 9% to 1.483m bpd appeared first on Vanguard News.
By Udeme Akpan, Energy Editor Dangote Refinery has resumed the sale of Premium Motor Spirit (PMS), also known as petrol, to major marketers and depot owners under a revised distribution framework endorsed by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA). The move represents a significant shift from the previous arrangement in which products were […] The post Dangote Refinery targets depot owners, major marketers in new marketing model appeared first on Vanguard...