New IRENA cost report confirms renewables not only cheapest new power but also prime geopolitical shock absorber to enhance energy security and economic stability. Renewable power costs remain low, making renewables the cheapest source of new electricity in most…
Lagos State, Gas Aggregator Company Sign MoU on Planned Six Gigawatt Electricity Target
The Lagos State Government on Tuesday signed a Strategic Framework for Gas Supply and Energy Development with the Gas Aggregator Company Nigeria Ltd/Gte (GACN), ostensibly to meet the planned 6000 megawatts for Lagos State. The landmark agreement is expected to…
Falcon Marks 32 Years in Nigeria’s Gas Sector Amid Expansion Drive and Energy Transition Push
Falcon Corporation Limited has marked 32 years of operations in Nigeria’s gas sector, underscoring its infrastructure investments, expanding footprint in LPG and gas distribution, and positioning within Nigeria’s evolving energy transition and domestic gas market.
Dangote Refinery Ramps Up to 700,000 Barrels Per Day, Strengthening Africa’s Energy Landscape
Dangote Petroleum Refinery & Petrochemicals has increased its crude oil processing capacity to 700,000 barrels per day (bpd) in a performance test conducted by the Process Licensors, marking a significant milestone in the facility’s operational expansion and further cementing its…
Moving from Energy Crisis to Energy Security with Renewables – IRENA Policy Brief
The strategic deployment of renewables has provided enhanced resilience in the face of the current energy crisis by a number of countries, according to a new policy advisory from the International Renewable Energy Agency (IRENA). The brief, aimed at policy…
NNPC Ltd Launches Cawthorne Crude onto Global Market – Exports 950,000b to Netherlands
Exports First Cargo to Netherlands, Reinforcing Production Growth, Export Diversification Strategy The Nigerian National Petroleum Company (NNPC) Limited, has commenced export of its new crude grade – Cawthorne, marking a significant milestone in the Company’s drive to increase Nigeria’s crude…
NORS 2026 to Accelerate Nigeria’s Shift to Refining Self-sufficiency
The Crude Oil Refinery Owners Association of Nigeria (CORAN) has officially announced the Nigeria Oil Refining Summit (NORS) 2026, scheduled to take place on 28–29 September 2026 at Eko Hotels & Suites. Now in its third edition, the summit continues…
S&P Global, MEMAN Warn Nigeria on Energy Security Risks, Urge Strategic Reserves and Supply Diversification
L-R: MEMAN CEO, Clement Isong and Chairman, MEMAN, Huub Stokman Energy experts from S&P Global and the Major Energy Marketers Association of Nigeria (MEMAN) have warned that Nigeria must urgently strengthen its energy security framework through the development of…
Middle East Crisis: What It Means for Oil-Rich but Refining-Poor African Economies
By Adewale Sanyaolu Rising tensions in the Middle East have once again exposed the fragile energy architecture of many African economies, particularly oil-producing nations that lack sufficient domestic refining capacity. As global markets react to geopolitical uncertainty in one…
Dangote Refinery Adjusts Petrol Price, Moves to Shield Nigeria From Global Oil Supply Shocks
The Dangote Petroleum Refinery & Petrochemicals has reassured Nigerians of its commitment to stabilising domestic fuel supply as geopolitical tensions continue to disrupt global petroleum markets. According to the refinery, the ongoing conflict in the Middle East has triggered shutdowns…