88 Energy

88 Energy We are into shipping, marketing, trading and sales of refined petroleum products and bitumen..

Eight-Eight Energy is one of the Nation's prime autonomously owned petroleum marketing & Energy Company in Nigeria. We feature our range and development to our far-reaching understanding of the diligence and our capability to meet up the desires of petroleum marketers and end users. We are officially incorporated by the corporate affairs commission under the companies and allied matters act [1990]

as an independent Energy & Petroleum products marketing company in Nigeria in the year 2011. Right before our incorporation, we actively engage in buying and selling as well as distribution of petroleum products in many parts of the country.

13/07/2026

Strategic Shifts in the Downstream Sector by Dangote Refinery..

What You Should Know.

​The landscape of petroleum product delivery in Nigeria is evolving rapidly. Following the latest updates from the Dangote Refinery, I’m tracking a few critical shifts that are set to impact our logistics and supply chain operations:
​Direct Access:
The previous 20-member consortium model has been scrapped. We are now seeing a shift toward a more open, direct loading structure for qualified marketers.

​Logistics Support: The refinery has resumed its free delivery programme for specific hubs, including Lagos, Abuja, Rivers, Delta, Ogun, and Kaduna.
​Operational Terms: For those looking to optimize supply, the refinery has introduced a 10-day credit facility for marketers meeting the minimum 250,000-litre purchase threshold.
​Regional Expansion: Beyond domestic supply, the focus is clearly turning toward regional infrastructure, with new pipeline projects targeting landlocked markets in Southern and East Africa.
​As we continue to navigate the current pricing environment and logistics challenges, these changes represent a significant opportunity for better distribution efficiency.
​Are you seeing these shifts impact your own supply operations on the ground? Let’s discuss in the comments.
​

25/06/2026

Headline: Nigeria’s Energy Sector: A Pulse Check for Q3 2026 🇳🇬🛢️
​The landscape of Nigeria’s oil and gas industry is shifting rapidly, and the momentum we are seeing in 2026 is truly historic. From upstream growth to the aggressive expansion of our midstream infrastructure, the opportunities for indigenous operators have never been greater.
​Here are the key takeaways shaping our industry right now:
​📈 Production Resurgence: We are officially seeing the results of improved security in the Niger Delta. With production climbing to roughly 1.68 million barrels per day, the sector is gaining significant operational stability.
​🚀 The Indigenous Shift: The transfer of major onshore assets to local consortiums like Renaissance Africa Energy marks a new era. It’s no longer just about participation—it’s about leadership and taking full control of our assets.
​🏗️ Infrastructure Milestone: Keep a close eye on the NLNG Train 7 project, which is nearing completion with first cargo delivery expected this quarter. This, combined with the momentum on the Africa-Atlantic Gas Pipeline, reinforces Nigeria’s position as a global gas powerhouse.
​💡 Refining & Market Stability: The operational success of local refining capacity, particularly with naira-denominated crude supply, is a massive win for domestic supply security and economic resilience.
​As we head into NOG Energy Week this July, the focus remains clear: optimizing our resources, scaling local capacity, and securing our energy future.
​What is your take on the current shift toward indigenous operatorship? I’d love to hear your thoughts in the comments below. 👇
​

The New Import Landscape for Refined ProductsThe Nigerian fuel market is seeing some major shifts this quarter. As the g...
13/05/2026

The New Import Landscape for Refined Products

The Nigerian fuel market is seeing some major shifts this quarter. As the government balances the ramp-up of local refining with the need for national energy security, the **NMDPRA** has updated the list of companies authorized to import petrol (PMS).
Here is the breakdown of the latest developments:

1. Who is importing?
For Q2 2026, the regulator has granted import permits to six major marketing firms to ensure we have a steady supply across the country:
* AA Rano
* AYM Shafa
* Bono Energy
* Matrix Energy
* Nipco Plc
* Pinnacle Oil & Gas

2. Why the increase?
Import volumes have jumped significantly—from 180,000 metric tons in Q1 to over 700,000 metric tons this quarter. This move is aimed at building a solid "safety floor" of stock and preventing any potential shortages while domestic production continues to scale up.

3. Local vs. Imported
While these six are handling imports, other major players like MRS, Ardova Plc, and Heyden Petroleum are focusing heavily on direct bulk-purchase agreements from local refineries (like Dangote). Meanwhile, IPMAN is actively working to secure direct loading for independent marketers to help keep pump prices competitive.

The Big Picture
With a new leadership direction at the NMDPRA, the focus is on a "liberalized" market. The goal is simple: ensure fuel is available everywhere while protecting the growth of our domestic refining capacity.

What do you think about the balance between imports and local refining? Drop your thoughts below!
👇

16/04/2026

🇳🇬 Industry Alert: Nigeria’s Oil & Gas Evolution (April 2026)
​The energy landscape is shifting fast. From production surges to refining milestones, here is a quick breakdown of what’s happening right now in the Nigerian oil and gas sector:
​🚀 Production on the Rise
​Nigeria’s output hit 1.546 million barrels per day in March, a steady climb toward our national goals. Major investments are fueling this growth, including a massive $3.5 billion commitment from ExxonMobil for offshore exploration.
​⛽ Refining & The Dangote Factor
​The Dangote Refinery is now operating at over 90% capacity, pumping out 1.49 billion liters of petrol last month alone. While it’s meeting local demand, it’s also becoming a major exporter.
​Pro Tip for Logisticians: Be aware of the new ₦500,000 daily penalty for trucks overstaying at the refinery loading bays. Efficiency is the new priority!
​🏗️ Infrastructure & The Gas Revolution
​AKK Pipeline: We are officially on the countdown—first gas is expected in Abuja by July 2026.
​New Crude Grade: NNPC has launched "Cawthorne" crude, with the first shipments already hitting the international market in the Netherlands.
​Obodo Field (OML 150): Production is back online with new alternative evacuation frameworks to bypass old pipeline issues.
​⚖️ Accountability & Future Outlook
​The Senate is turning up the heat on transparency, with a month-end deadline for NNPC to clarify historical audit reports. Meanwhile, the focus remains on the 2027 goal: hitting 10 billion cubic feet of gas per day and ending routine flaring.
​The sector is moving from potential to precision. Whether you are in real estate, logistics, or trading, these shifts will define the market for the rest of the year.
​

14/03/2026

Latest Developments in Nigeria’s Oil & Gas Industry 🇳🇬🛢️

Nigeria’s oil and gas sector is witnessing major transformations that could reshape the future of energy in the country.
✅ Major Deepwater Investment: Approval of the Bonga Southwest–Aparo project is expected to attract about $20 billion in foreign investment, boosting offshore oil production and strengthening Nigeria’s position in the global energy market.
✅ Push for Local Refining: The government is encouraging local refining and reducing dependence on fuel imports. This will support domestic refineries and improve energy security.
✅ Rising Oil Production: Nigeria’s crude oil production has been increasing, showing positive signs of recovery for the sector and improved national revenue.
✅ Stronger Regulations: New policies such as the “Drill-or-Drop” rule require oil companies to develop their oil blocks or risk losing them. This is aimed at accelerating exploration and investment.
The future of Nigeria’s oil and gas industry looks promising with increased investments, stronger regulations, and a renewed focus on local capacity development.
🌍 The energy sector remains a key driver of economic growth and opportunity.

09/03/2026

🚨 NIGERIA OIL & GAS UPDATE: What’s happening at the pumps and in the fields? 🚨
​If you’ve noticed the numbers changing at the filling stations this week, you aren’t alone. The energy sector is moving fast! Here is everything you need to know about the latest shifts in Nigeria’s oil and gas industry as of March 9, 2026.
​⛽ The Petrol Situation: Prices on the Move
​Global crude prices (Brent) have spiked past $100 per barrel, and it’s hitting home.
​Dangote Refinery Update: Gantry prices for petrol have adjusted again to roughly ₦1,175 per litre to keep up with rising global costs.
​Supply Watch: While there was a brief pause in loading earlier this week, NNPC Ltd. is working closely with the refinery to ensure crude supply stays steady and the taps keep flowing.
​🌊 Deepwater Power Moves
​Nigeria is going deep to bring production back up!
​OPL 245 Settled: After years of legal back-and-forth, the dispute over OPL 245 is over! This opens the door for the Zabazaba-Etan project, which could add a massive 150,000 barrels per day to our national output.
​Production Goal: We are currently sitting at about 1.64 million bpd, but the target is a bold 3 million bpd by 2030.
​🏗️ Infrastructure & Growth
​The AKK Pipeline: Great news for power and industry—the Ajaokuta-Kaduna-Kano (AKK) Gas Pipeline is now 92% complete! We are nearing the finish line for better gas distribution across the North.
​New Oil Blocks: A major licensing round is open right now with 50 blocks up for grabs. Investors are looking at Nigeria’s frontier basins for the next big discovery.

09/03/2026

8 key talking points from a Media Chat with the Managing Director/CEO, Dangote Petroleum Refinery, David Bird

Dangote Refinery will continue to meet Nigeria’s fuel demand despite global supply disruptions and market volatility.

Domestic refining gives Nigeria supply security, ensuring the country avoids fuel shortages and queues even when global markets are disrupted.

Even under the crude-for-naira arrangement, Nigerian crude is purchased at international benchmark prices, meaning the refinery does not receive discounted crude.

Import dependent countries are worst hit as the global oil crisis escalate.

Global oil markets are experiencing extreme volatility, with crude prices rising from the mid-$60 range to nearly $120 per barrel within a week.

The refinery is fully exposed to international commodity markets, including crude oil prices, freight rates, insurance, and financing costs.

Freight costs have surged dramatically, with tanker costs rising from about $800,000 to roughly $3.5 million per shipment in the current market environment.

Dangote Refinery operates at its full nameplate capacity of about 650,000 barrels per day, with potential to increase production to around 700,000 barrels per day.

27/02/2026

🇳🇬 Great News for Naija! Nigeria's Oil Sector is Heating Up! 🔥🛢️
Big wins coming through in our oil industry today:
Economy grew by 4.07% in Q4 2025 (data out today!), with the oil sector surging 6.79% – the strongest in over two years! Average daily production hit 1.58 million barrels in late 2025, driving real growth. 💪
Nigerian crude just crossed $70/barrel – beating the 2026 budget benchmark of $64.85! More revenue for infrastructure, salaries, and national projects. 📈
NNPC launching a brand-new light sweet crude grade called Cawthorne (similar to Bonny Light) – exports starting March 2026! This should push total output toward 1.7 million bpd and strengthen our OPEC position. New grades like Utapate & Obodo already in play! 🌍
Dangote Refinery is fully rocking it at over 650,000 bpd (even above design in spots), supplying up to 65 million litres of petrol daily to Nigerians – ending fuel import wahala and eyeing exports + expansion to 1.4 million bpd soon! Aliko Dangote is really helping rescue and industrialize Naija. 🙌
Reforms like direct remittance of oil revenues to the Federation Account are boosting transparency too.
Naija oil game strong again – less theft, better output, domestic refining, higher prices. This is the momentum we need!
What do you think – more good days ahead for Nigeria's economy? Drop your thoughts below! 👇

The NNPC leadership just concluded a landmark visit to the Dangote Refinery, and the future of Nigerian energy looks bri...
22/02/2026

The NNPC leadership just concluded a landmark visit to the Dangote Refinery, and the future of Nigerian energy looks brighter than ever.
​The Highlights:
✅ Collaboration: NNPC and Dangote are locking arms on crude supply and expansion.
✅ Innovation: GCEO Bayo Ojulari described the plant as "world-class technology" on our own soil.
✅ Public Shares: Soon, YOU can own a piece of the refinery! Dangote announced a public share offering coming in 4-5 months.
​"The sky is the limit... we will work together to make Nigerians proud." — Aliko Dangote.
​Who’s ready to invest? 👇
​

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