Marketers Call for Further Reduction in Dangote Petrol Prices
Marketers Call for Further Reduction in Dangote Petrol Prices The Independent Petroleum Marketers Association of Nigeria has urged Dangote Petroleum Refinery to reduce its Premium Motor Spirit price below the current N825 per litre, arguing that the facility has sufficient enabling factors to achieve lower pricing. IPMAN Publicity Secretary Chinedu Udadike suggested that petrol should […]
Dangote Refinery Increases U.S. Crude Imports Amid Local Supply Challenges
Dangote Refinery Increases U.S. Crude Imports Amid Local Supply Challenges Nigeria’s Dangote Refinery has significantly increased its reliance on American crude oil, with U.S. imports comprising one-third of the facility’s feedstock in 2025. The 650,000 barrels-per-day Lagos-based refinery has nearly doubled its proportion of West Texas Intermediate Midland crude compared to 2024, highlighting ongoing challenges […]
ExxonMobil Expresses Optimism for Mozambique’s Mega Gas Project
ExxonMobil Expresses Optimism for Mozambique’s Mega Gas Project ExxonMobil’s director of liquefied natural gas operations has expressed strong optimism about the engineering progress of the company’s mega-project planned for northern Mozambique. Justin Cloutier announced that the company is currently working on the design phase and expects positive results from the significant energy and effort being […]
Oil Regulator Defends Controversial Licensing Round Decision
Oil Regulator Defends Controversial Licensing Round Decision The Nigerian Upstream Petroleum Regulatory Commission has firmly defended its decision to award oil blocks to Panout Oil & Gas, an eight-day-old company at the time of bidding, during the 2024 licensing round. The controversial award sparked allegations of regulatory violations and questions about the commission’s adherence to […]
Nigeria and Angola Spearhead Africa’s Drive Toward Energy Independence
Nigeria and Angola Spearhead Africa’s Drive Toward Energy Independence Nigeria and Angola are positioned to lead Africa’s ambitious push for energy independence as the continent’s refining capacity is projected to surge from 45% to 90%, according to the Africa Finance Corporation’s “State of Africa’s Infrastructure Report 2025.” This dramatic increase could fundamentally reshape Africa’s energy […]
America Dominates Dangote Refinery’s Crude Supply Chain Despite Nigeria’s Oil Wealth
America Dominates Dangote Refinery’s Crude Supply Chain Despite Nigeria’s Oil Wealth The United States has emerged as the leading crude oil supplier to Africa’s largest refinery, with American crude accounting for one-third of Dangote Refinery’s purchases this year. Despite Nigeria being Africa’s biggest crude oil producer, the 650,000-barrels-per-day facility has increasingly turned to U.S. WTI […]
GAME-CHANGER: Tanzania Launches $100 Million LPG Terminal Project Set to Slash Gas Prices by 40%
GAME-CHANGER: Tanzania Launches $100 Million LPG Terminal Project Set to Slash Gas Prices by 40% Tanzania’s energy landscape is poised for transformation following the official launch of a $100 million Liquefied Petroleum Gas terminal project that promises to reduce LPG prices by up to 40%. The groundbreaking ceremony was officiated by Deputy Prime Minister Doto […]
Nigeria’s NLNG Train-7 Project Reaches 80% Completion Mark in Major Milestone
Nigeria’s NLNG Train-7 Project Reaches 80% Completion Mark in Major Milestone Nigeria LNG Limited has announced a significant breakthrough in its $10 billion Train-7 gas project, with construction now reaching 80% completion. This represents a substantial jump from the 67% completion rate announced in June 2024, signaling rapid progress on one of Africa’s most ambitious […]
Nigeria’s First Private Crude Terminal Completes Maiden Export After 50 Years
Nigeria’s First Private Crude Terminal Completes Maiden Export After 50 Years In a groundbreaking development that could reshape Nigeria’s oil industry, Green Energy International Limited has successfully completed the first crude oil export from its newly constructed Otakikpo onshore terminal. The historic export was finalized at approximately 2pm on Sunday, June 8, when a Shell-chartered […]
IT IS TIME TO END ENERGY POVERTY IN AFRICA, IT’S TIME TO GET IT RIGHT ATTEND THE INTERNATIONAL AFRICAN ENERGY, OIL AND GAS SUMMIT (IAEOG) NAMIBIA 2025
IT IS TIME TO END ENERGY POVERTY IN AFRICA, IT’S TIME TO GET IT RIGHT ATTEND THE INTERNATIONAL AFRICAN ENERGY, OIL AND GAS SUMMIT (IAEOG) NAMIBIA 2025 WHY THIS SUMMIT MATTERS NOW Africa stands at a critical energy crossroads. Despite being richly endowed with oil, gas, solar, hydro, and wind resources, the continent is facing […]