Desk
Oil, gas, power and refining — production, prices and policy.
14 stories
EnergyHigh
US crude rose 6.46% in a week to $97.58 a barrel after a surprise stock draw and ship attacks near Hormuz. Here is what drove it and why Nigerian readers should watch.
Chiamaka Prudence
EnergyHigh
NNPC says it has completed a baseline assessment of its governance gaps ahead of a possible IPO. What that means, and what is still undecided.
Chiamaka_Prudence
EnergyHigh
Dangote Refinery reports $4.73bn nine-month profit on $22.48bn revenue, up from a $117.2m loss. What the unaudited figures show and what they leave out.
Betini Udom
EnergyMedium
Host communities gave NNPC and PINL two weeks to pay three months of pipeline surveillance arrears. What the payments are for and why they matter.
Betini Udom
EnergyHigh
The Aframax Rio burned off Sochi after a reported sea drone strike. Verified facts, the shadow fleet behind it, and what it means for oil and Nigerian fuel.
Betini Udom
EnergyHigh
NNPC has already been paid for crude it has not yet pumped, and the amount owed in barrels grew by a third last year. Oil money is the single biggest source of federal revenue, so barrels promised to lenders are barrels that cannot fund this year's budget.
Betini Udom
EnergyHigh
EY's benchmarking study found US oil producers cut capex 49%, reached record output and replaced under 100% of reserves. Full analysis and what it means.
Betini Udom
EnergyLow
Seplat Energy set a record on the NGX. Here is what drove it, what the company actually earned, and what the price pattern says about the market it trades in.
Betini Udom
EnergyHigh
Reserve Bank economists estimate South Africa's oil import bill ran R76bn ($4.68bn) higher from 2021 to 2024 after refinery closures, with 5,400 jobs lost.
Betini Udom
EnergyHigh
Dangote Refinery raised its petrol gantry price by ₦85 to ₦1,350 per litre as Brent topped $107. What a gantry price is and how it reaches the pump.
Betini Udom
EnergyHigh
With Brent crude reaching $97.66 following Iranian threats in the Strait of Hormuz and drone strikes on Saudi Arabia's Jizan refinery, energy markets brace for multi-quarter structural supply deficits extending into 2027.
Betini Udom
EnergyHigh
Nigeria's IEA associate status sets the stage to double 5-year energy investments, shifting focus to domestic refining, gas infrastructure, and grid power.
Betini Udom
EnergyHigh
Oando Energy Resources warns African governments that traditional regulatory friction threatens upstream capital retention.
Betini Udom
EnergyHigh
Nigeria's DisCos failed to collect ₦301bn in six months, creating a severe liquidity squeeze upstream for GenCos and natural gas suppliers.
Betini Udom
