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The Global Gas Tug-of-War: Volatility, Recovery, and Nigeria’s $24 Billion Power Move

The Secretary General of the Gas Exporting Countries Forum (GECF), Philip Mshelbila, has estimated that a full global gas recovery would take six months to a year if the supply-sapping US-Israeli war in Iran stopped tomorrow. He however points that...

April 24, 2026

Oil Market Reacts To Iran’s Opening Of Strait Of Hormuz

Articles

Oil Market Reacts To Iran’s Opening Of Strait Of Hormuz

Global oil prices crumbled sharply on Friday after Iran signalled that the Strait of Hormuz is now open to commercial shipping during a temporary ceasefire in the Middle East. Benchmark crude prices fell by more than 10 per cent, with...

April 21, 2026

Hormuz Standoff Continues To Disrupt Oil Supply Despite Talks

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Hormuz Standoff Continues To Disrupt Oil Supply Despite Talks

The U.S. and Iran are moving toward further negotiations to extend a fragile ceasefire, even as tensions over the Strait of Hormuz continue to disrupt global oil flows and keep markets on edge. The two sides have reached an “in...

April 17, 2026

Nigeria pushes for integrated African gas market

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Nigeria pushes for integrated African gas market

Nigeria has intensified efforts to drive regional gas integration across Africa, as government officials, financiers and industry leaders convened in Abuja to advance cross-border investments and infrastructure development. ‎ The event – the Ministerial Roundtable on Cooperation in Advancing Gas Development with...

April 15, 2026

Nigeria sees surge in LNG demand as Middle East war reshapes global energy flows

Articles

Nigeria sees surge in LNG demand as Middle East war reshapes global energy flows

Speaking at the CERAWeek energy conference in Houston, NNPC Executive Vice President Olalekan Ogunleye said buyers were increasingly turning to Nigeria because of its proximity to key consuming markets and the scale of its gas reserves — the largest on...

April 13, 2026

New Gas Price To Take Effective In Nigeria

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New Gas Price To Take Effective In Nigeria

A new gas regime is going to take place in Nigeria after the Nigerian Midstream and Downstream Petroleum Regulatory Authority, announced increase in the price of natural gas for power generation companies to $2.18 per million British thermal units (BTU)....

April 2, 2026

Govt boosts gas production, eyes 12bcf daily output

Articles

Govt boosts gas production, eyes 12bcf daily output

Nigeria’s push to reposition natural gas as the backbone of its energy transition is gaining momentum, with production rising from 6.8 billion cubic feet per day in 2023 to 7.5 billion cubic feet per day in 2025. The Coordinating Director...

March 31, 2026

Global Demand For Nigeria LNG Heightens As Middle East Boils

Articles

Global Demand For Nigeria LNG Heightens As Middle East Boils

There is upsurge in the demand for Liquified Natural Gas (LNG) from Nigeria as supply disruptions continue in the Middle East. Following the eruption of war in Iran, Nigeria has seen stronger demand for its LNG cargoes as energy disruptions...

March 27, 2026

Dangote price hike fuels increase in cooking gas cost

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Dangote price hike fuels increase in cooking gas cost

Fresh pressure is mounting on household energy costs as marketers on Monday warned that the price of Liquefied Petroleum Gas, popularly known as cooking gas, could rise further following a new price adjustment by the Dangote Petroleum Refinery and worsening...

March 24, 2026

Articles

Nigeria’s Gas Dreams, Power Shortfall

As the escalating conflict in the Mideast Gulf disrupts energy flows through the Strait of Hormuz and tightens global LNG markets, the fragility of gas supply chains has once again come into focus. For gas-rich but infrastructure-constrained countries like Nigeria,...

March 19, 2026

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The Global Gas Tug-of-War: Volatility, Recovery, and Nigeria’s $24 Billion Power Move

Oil Market Reacts To Iran’s Opening Of Strait Of Hormuz

Hormuz Standoff Continues To Disrupt Oil Supply Despite Talks

Nigeria pushes for integrated African gas market

Nigeria sees surge in LNG demand as Middle East war reshapes global energy flows

New Gas Price To Take Effective In Nigeria

Govt boosts gas production, eyes 12bcf daily output

Global Demand For Nigeria LNG Heightens As Middle East Boils

Dangote price hike fuels increase in cooking gas cost

Nigeria’s Gas Dreams, Power Shortfall

The Global Gas Tug-of-War: Volatility, Recovery, and Nigeria’s $24 Billion Power Move

Oil Market Reacts To Iran’s Opening Of Strait Of Hormuz

Hormuz Standoff Continues To Disrupt Oil Supply Despite Talks

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