Category: Energy

Tinubu Approves Presidential Taskforce On Petroleum Sector Reforms
March 13, 2026 No Responses

Tinubu Approves Presidential Taskforce On Petroleum Sector Reforms

President Bola Ahmed Tinubu has approved the establishment of a Presidential Petroleum Reform and Value Optimisation Taskforce to design and coordinate the next phase of structural reforms in Nigeria’s petroleum sector.The President appointed Fola Adeola, co-founder of Guaranty Trust Bank...
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NLNG Empowers Journalists At ‘Change Your Story Workshop’
March 13, 2026 No Responses

NLNG Empowers Journalists At ‘Change Your Story Workshop’

NLNG has demonstrated its dedication to media development in Nigeria through the successful completion of the second edition of the #NLNGChangeYourStory workshop for 2026, which took place in Lagos.The workshop convened 40 participants representing diverse med...
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NADDC, NMDPRA Strengthen Partnership
March 11, 2026 No Responses

NADDC, NMDPRA Strengthen Partnership

The National Automotive Design and Development Council (NADDC) on Tuesday paid a courtesy visit to the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) headquarters in Abuja as part of efforts to strengthen collaboration aimed at advan...
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Tinubu Orders Deployment Of 100,000 CNG Conversion Kits
March 11, 2026 No Responses

Tinubu Orders Deployment Of 100,000 CNG Conversion Kits

President Bola Tinubu has directed the Presidential Initiative on Compressed Natural Gas (PiCNG) to deploy about 100,000 vehicle conversion kits nationwide.The directive is aimed at expanding access to Compressed Natural Gas (CNG) as a cheaper and cleaner alte...
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Ikeja Electric Champions Women’s Growth Through Service
March 10, 2026 No Responses

Ikeja Electric Champions Women’s Growth Through Service

Ikeja Electric (IE) has joined the global community to celebrate International Women’s Day (IWD) 2026, reaffirming its commitment to gender inclusion, mentorship, and the advancement of women within the organisation and the broader society.The celebration, h...
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NNPC Boss: OPL 245 Deal May Unlock 150,000bpd For Nigeria’s Oil Output
March 9, 2026 No Responses

NNPC Boss: OPL 245 Deal May Unlock 150,000bpd For Nigeria’s Oil Output

The Group Chief Executive Officer of Nigerian National Petroleum Company Limited (NNPCL), Bayo Ojulari, has said the resolution of the dispute surrounding oil prospecting lease (OPL) 245 will enable the development of the Zabazaba–Etan deepwater project.In a...
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Resolution Of OPL 245 Dispute To Strengthen Nigeria’s Economy, Says Fagbemi
March 8, 2026 No Responses

Resolution Of OPL 245 Dispute To Strengthen Nigeria’s Economy, Says Fagbemi

The Attorney-General of the Federation and Minister of Justice, Lateef Fagbemi, has said that the resolution of the long-standing dispute over OPL 245 will reposition Nigeria’s economy and strengthen the country’s fiscal capacity.Fagbemi made the remark in...
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TINUBU INAUGURATES COMMITTEE ON GRID ASSET MANAGEMENT COMPANY
March 6, 2026 No Responses

TINUBU INAUGURATES COMMITTEE ON GRID ASSET MANAGEMENT COMPANY

President Bola Tinubu on Friday constituted an 11-member committee to ensure the smooth sailing incorporation of the Grid Asset Management Company Limited (GAMCO).The committee’s constitution followed the Federal Executive Council’s approval of the...
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Tinubu Announces Resolution of OPL 245 Dispute
March 5, 2026 No Responses

Tinubu Announces Resolution of OPL 245 Dispute

President Bola Ahmed Tinubu has announced the successful conclusion of a historic settlement between the Federal Government of Nigeria, Eni, and Nigerian Agip Exploration Limited (NAEL), bringing an end to the long-standing dispute over Oil Prospecting Licence...
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NUPRC Boss: Women Key To Unlocking Nigeria’s Hydrocarbon Potential
March 4, 2026 No Responses

NUPRC Boss: Women Key To Unlocking Nigeria’s Hydrocarbon Potential

The Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Oritsemeyiwa Eyesan, has said that for Nigeria and the African continent to fully maximise their hydrocarbon potential, women must be placed at the centre of decision-making ...
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Crude Soars After U.S., Israel Strikes On Iran
March 2, 2026 No Responses

Crude Soars After U.S., Israel Strikes On Iran

Oil prices soared and stocks fell in Asia on Monday after US-Israeli strikes on Iran sent investors fleeing the prospect of an extended conflict in the crude-rich Middle East.Brent briefly spiked almost 14 percent and West Texas Intermediate nearly 12...
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NUPRC Oversees Olo Trust Handover To Aradel
February 28, 2026 No Responses

NUPRC Oversees Olo Trust Handover To Aradel

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has presided over the formal handover of the Olo Oilfield Host Community Development Trust (HCDT) from TotalEnergies to Aradel Holdings Plc, marking a significant milestone in the implementation of ...
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Seplat Energy Posts 144% Revenue Growth, Raises Dividend by 52% In 2025
February 27, 2026 No Responses

Seplat Energy Posts 144% Revenue Growth, Raises Dividend by 52% In 2025

Seplat Energy Plc, listed on both the Nigerian Exchange and the London Stock Exchange, has announced its audited results for the year ended 31 December 2025, reporting strong operational and financial performance driven by its first full year of offshore...
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South-South Govs Back Tinubu’s Executive Order On Oil Revenue Remittance
February 25, 2026 No Responses

South-South Govs Back Tinubu’s Executive Order On Oil Revenue Remittance

The South-South Governors Forum (SSGF) has described President Bola Tinubu’s Executive Order mandating the direct remittance of all oil and gas revenues to the Federation Account as a historic and landmark decision.The SSGF Chairman and Governor of Bayelsa S...
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