Time for the World Bank to End Ban on Upstream Financing and Tackle Africa’s Energy Poverty Crisis – African Energy Chamber

The African Energy Chamber calls on the World Bank to end its ban on financing upstream oil and gas projects, urging the institution to align with Africa’s urgent need to eradicate energy poverty and achieve sustainable development. Lifting this ban is essential to unlocking the continent’s hydrocarbon resources, delivering reliable and affordable electricity to millions, and generating the revenues required to support Africa’s long-term energy transition.

Dangote Refinery Offers Free PMS and Diesel Delivery Nationwide to Large Buyers, Extends Credit

Dangote Petroleum Refinery is set to revolutionize Nigeria’s energy sector with a nationwide free delivery scheme for PMS and diesel starting August 15, 2025. Backed by 4,000 new CNG-powered tankers and a credit line for major buyers, the initiative aims to cut fuel logistics costs, boost supply, and support economic growth across key industries.

29 Years After, Ogoni Nine Receive Full Presidential Pardon, Posthumous National Honours

Nearly three decades after their execution, the Ogoni Nine have received a full presidential pardon and national honours. In a landmark move, President Tinubu acknowledged their fight for environmental justice in Nigeria’s Niger Delta. The gesture, announced during the 2025 Democracy Day address, comes amid renewed conversations about oil exploration, ecological cleanup, and human rights in Ogoniland.

LEKOIL Celebrates Otakikpo Crude Export By GEIL, Lauds Partnership

Lekoil Nigeria Limited, a leading indigenous oil and gas exploration and production company, is pleased to announce the successful completion of the first crude oil export from the Otakikpo Onshore Terminal. This milestone, achieved in partnership with Green Energy International…

Sterling Oil, PENGASSAN Settle Dispute After FG Mediation

Following months of tension and union picketing, Sterling Oil and PENGASSAN have reached an amicable resolution brokered by the Federal Government. The agreement, finalized in June 2025, highlights the importance of regulatory compliance and labour relations in Nigeria’s oil and gas industry.

Nigeria’s Akachukwu Nwokedi Appointed IGU Regional Coordinator for Africa

The International Gas Union (IGU) has appointed Mr. Akachukwu Nwokedi, President of the Nigerian Gas Association (NGA), as its new Regional Coordinator for Africa. The announcement was made during the recently concluded World Gas Conference (WGC) held in Beijing, China.…

Crude Oil theft: Nwoko Seeks AI Powered Surveillance, Regional Security

Se. Ned Nwoko, said that crude oil theft in the Niger Delta region had long plagued the nation, resulting in severe economic losses, environmental degradation, and national insecurity; and Nigeria needs a robust technological framework to combat such issues.

NUPRC Refutes Claims of Irregularities in 2024 Oil Block Licensing Round, Reaffirms Compliance with PIA

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has firmly dismissed recent allegations of irregularities in the 2024 oil block licensing round, affirming that the process adhered strictly to the Petroleum Industry Act (PIA) 2021 and established licensing guidelines. In a…

Dangote Names Refinery Access Road After Tinubu, Applauds President’s Reform Agenda

In a show of support for President Bola Tinubu’s economic reforms, Aliko Dangote has named the main access road to the Dangote Refinery “Bola Ahmed Tinubu Road.” The announcement came during the commissioning of the Deep Sea Port access road in Lagos, where Dangote hailed the President’s policies as a catalyst for renewed investor confidence and national development.

NCDMB, NLNG, Ramp up HCD Training as $5 Billion Train 7 Project Hits 80% Completion

The Nigerian Content Development and Monitoring Board (NCDMB) and Nigeria Liquefied Natural Gas (NLNG) Limited on Wednesday in Port Harcourt inaugurated 140 trainees for an intensive three-month Advanced Nigerian Content Human Capital Development (NC-HCD) Programme for the US$5 billion NLNG…

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