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Nigeria–Morocco $25bn gas pipeline set for multilateral backing
WAPCO declares infrastructure readiness for extension A major trans-African energy project, the Nigeria–Morocco gas pipeline, is moving closer to reality as plans advance to secure multilateral endorsement and finalize a key intergovernmental agreement this year. The project known as the…
NCDMB, Seplat move to launch gas Centre of Excellence at DELSU
Sopuruchi Onwuka The Nigerian Content Development and Monitoring Board (NCDMB) and Seplat Energy Plc have advanced plans for the take-off of a Centre of Excellence in Gas Development at Delta State University (DELSU), following a high-level engagement with the university’s…
Dangote Refinery reaches 87% installed capacity in March
As debate rages over fuel pricing in Nigeria Sopuruchi Onwuka Nigeria’s largest refining facility, the Dangote Petroleum Refinery, reached 87 percent capacity utilization in March, marking its highest operational level since commencing production and signaling a major shift in efficiency…
Nigeria’s 2025/26 licensing round unfolds Africa’s global energy role
Sopuruchi Onwuka Nigeria’s planned 2025/26 licensing round is shaping up to be one of the most closely watched upstream opportunities in recent years, both for the scale of assets expected and for what it signals about Africa’s evolving role in…
Trump threatens further military action if Iran challenges Hormuz control
Frank Okon President Donald Trump on Monday warned of additional military action against Iran, hours after U.S. naval forces began enforcing a blockade around the Strait of Hormuz, escalating tensions in one of the world’s most critical energy corridors. In…
U.S. Naval Forces seize Strait of Hormuz as Europe scrambles support
Ziggy Ojiegbe U.S. naval forces have effectively assumed control of the Strait of Hormuz following the collapse of nuclear negotiations with Iran, in a move that is rapidly reshaping security dynamics across one of the world’s most critical energy corridors….
Oil chiefs demand Trump to reject Iran’s toll on Hormuz
Ziggy Ojiegbe Senior oil industry executives have reportedly urged the administration of Donald Trump to oppose Iran’s proposal to impose tolls on vessels passing through the Strait of Hormuz, a critical global energy corridor. According to U.S. media reports, executives…
Capital Goes Where Value Is Clear: Bayo Ojulari’s Bold One-Year Transformation of NNPC
[Kunle Odusola-Stevenson] One year after his appointment on April 2, 2025, Bashir Bayo Ojulari has recast the trajectory of NNPC Limited with a blend of commercial discipline, institutional integrity, and global strategic clarity. At a time when energy markets are…
ExxonMobil engages NUPRC on over $25bn deepwater development plans
Sopuruchi Onwuka ExxonMobil, the world’s largest publicly traded oil company by market capitalization, has unveiled plans to invest more than $25 billion in a series of deepwater oil developments and enhanced recovery projects in Nigeria. The company’s Senior Vice President…
Oil prices rise after attacks hit Saudi energy infrastructure
Ziggy Ojiegbe Global oil prices climbed after attacks on Saudi Arabia’s energy infrastructure disrupted production and transport capacity, raising fresh concerns about supply in already tight markets. International benchmark Brent crude settled at $95.92 per barrel on Thursday, before jumping…
