…Syrian experience also demonstrates that crude oil production alone does not guarantee energy security.Countries need functioning refineries, reliable crude supply, storage infrastructure, efficient distribution networks and policies that can cushion consumers from severe international price shocks.For Nigeria, the gro…

…Ogunleye, who spoke on a panel themed: “The New LNG Order: Leadership Strategies for Energy Security and Growth,” said that as geopolitics, conflict and other factors continue to affect global energy supply and demand, Nigeria is leveraging its over 215 trillion cubic feet (tcf) of proven reserves to power domestic ind…

…while expanding domestic gas utilisation. He said the strategy would create jobs, deepen energy security and improve economic wellbeing. Ogunleye also said Nigeria had de-risked new LNG projects through a robust legal and regulatory framework supported by attractive fiscal incentives. “With continued efforts towards st…

…to the report, Africa’s oil and gas investment outlook is being driven by growing energy security concerns and geopolitical uncertainties, with several sanctioned but delayed upstream and liquefied natural gas projects expected to progress towards first production. Industrial Info Resources’ Senior Vice-President of Re…

…improved market coordination and policies that support local refining, enhance energy security and maximise the benefits of Nigeria’s investments in domestic refining capacity. Read here: https://punchng.com/dangote-threatens-to-export-petrol-as-imports-rise/ INEC to unveil 2027 governorship and Assembly candidates Sat…

…oil and gas production should translate into stronger public revenue, more jobs, greater energy security, increased industrial activity and improved economic stability.The group urged NNPC and NUPRC to sustain the reform momentum while prioritising transparency, accountability and institutional independence.It also cal…

…to clarify the role of pipeline surveillance within the wider energy landscape. Energy security encompasses the full value chain, from exploration and production to refining, distribution, pricing policy, and subsidy frameworks. Pipeline surveillance does not manage these domains,” he said. He added: “Its mandate is pr…

…of alternative power, solar energy is increasingly being viewed as a practical form of energy security rather than simply an environmental choice.According to the Global Solar Council, Nigeria became Africa’s second-largest solar market in 2025 after installations increased by 141 per cent year-on-year. The government’…

…but would also create jobs, stimulate businesses, strengthen local capacity and improve energy security in Rivers State. The association, in a statement issued after an emergency review meeting, said more than 200,000 people were estimated to depend directly and indirectly on the refinery and its associated economic ac…

…is increasingly focusing on expanding its domestic refining capacity to strengthen energy security and boost national revenue.The NMDPRA told the publication that Nigeria's current domestic refining capacity stands at about 1.12 million barrels per day. The authority said it has also engaged the Nigerian Upstream Petro…

…fuel supply, warning that complementary imports would remain critical to guaranteeing energy security, promoting competition and preventing excessive market concentration. The report stated, “The Nigerian downstream petroleum sector enters the second half of 2026 at a defining moment. The structural transition from an…

…of Energy Policy and Development Consultants flagged alleged ₦7.13 trillion in energy security and pipeline protection claims in NNPCL's 2024 recordsThe group accused NNPCL of reintroducing subsidy-like obligations through indirect financial mechanisms that remain hidden from public scrutinyPAY ATTENTION: Mark Legit.ng…

…gas reserves to boost economic diversification, deepen industrialisation and improve energy security. However, industry stakeholders have consistently identified infrastructure limitations, evacuation constraints and commercial challenges as key factors affecting full compliance with the obligation.

…government should retain the option of approving imports whenever necessary to safeguard energy security. Isong argued that strategic imports remain important during supply shortages or market disruptions to prevent scarcity and price spikes. He recommended the creation of a strategic petroleum reserve capable of susta…

…The development also aligns with the Federal Government’s broader objective of achieving energy security through increased domestic refining capacity while conserving foreign exchange previously spent on importing refined petroleum products. Although monthly refinery receipts remained volatile, the absence of imported…

…“Ordinary Nigerians pay through higher electricity costs, expensive cooking gas, poor energy security and slower economic growth. “In practical terms, everyone pays,” Mahmoud said. Communities living beneath the flames For residents of oil-producing communities, methane waste is not merely an environmental statistic bu…

…Africa’s reliance on imported refined products and strengthening the continent’s energy security,” he said. The Managing Director and Chief Executive Officer of Dangote Petroleum Refinery and Petrochemicals, David Bird, said the level of investor interest demonstrated confidence in the company’s operations and leadersh…

…of IESL and Chairman of the Board of Trustees of CPEEL, Dr Diran Fawibe, emphasised that energy security is essential for industrialisation, economic growth, healthcare, education, job creation, and national competitiveness. He urged policymakers, industry leaders, universities and young professionals to move beyond po…

…of the Nigeria Police Force to safeguarding critical national infrastructure, bolstering energy security, and decisively prosecuting perpetrators of power sector crimes, ” the statement said. Nigeria’s power sector loses billions of naira annually to energy theft and infrastructure vandalism, destruction of power lines…

…infrastructure to address electricity shortages, support industrialisation and increase energy security. For Nigeria, the project offers an opportunity to expand the monetisation of its vast gas reserves, increase export earnings and strengthen its position as a major supplier in the emerging African gas market. With t…

…still vulnerable to global oil market shocks. What does this tell us about the country’s energy security? Despite increased domestic refining capacity, particularly from the Dangote Refinery, Nigerians are still vulnerable to global shocks. What does this tell us about the country? It just means that there is no connec…

…audited 2024 financial statements, which he said showed ₦7.13 trillion spent on “Energy Security Expenses” — what NNPC itself identifies as petrol subsidy — despite claims that subsidy had been removed in 2023. Atiku argued that this fiscal indiscipline is reflected in declining living standards, noting that families a…

…the development of Nigeria’s hydrocarbon resources and contribute to the country’s energy security and economic growth. She noted that the initiative aligns with the Federal Government’s strategic objective of raising crude oil production to two million barrels per day by 2027 and achieving a long-term production targe…

…smuggling of petroleum products. The operation is designed to safeguard Nigeria’s energy security, preserve government revenue, and ensure that petroleum products meant for domestic consumption reach legitimate end users without unlawful diversion.

…recognition across Africa that local refining has become increasingly critical to energy security, foreign exchange conservation, and industrial development. For decades, despite producing millions of barrels of crude oil daily, Africa has remained heavily dependent on imported refined petroleum products because of ina…