Energy – City Business News

September 25, 2026 No Responses

Ardova-led Consortium To Acquire Powergas, Target 100 CNG Sites

By ebosele@hotmail.com A consortium led by Ardova Plc and including Diadem Energy has agreed to acquire Powergas Global Investments Nigeria Limited and Powergas Ebedei Limited (PEL), collectively known as Powergas, one of Africa’s largest compressed natural gas (CNG) producers and...

September 23, 2026 No Responses

NCDMB Deepens Energy Ties with China, Seeks Boost In Manufacturing

The Nigerian Content Development and Monitoring Board (NCDMB) has intensified its drive to attract Chinese investment, technology and manufacturing capacity into Nigeria’s oil and gas industry, engaging more than 100 Chinese Original Equipment Manufacturers ...

September 17, 2026 No Responses

Ikeja Electric Warns Customers Against Unauthorised Electrical Work

Ikeja Electric Plc has urged customers to avoid engaging unauthorised electricians and promptly report unsafe activities around its electrical infrastructure following recent incidents involving fatalities linked to unauthorised electrical work.The warning was...

September 16, 2026 No Responses

NLNG Urges Gas Industry To Make Methane Reduction Business Priority

Nigeria LNG Limited (NLNG) has called on the global gas industry to make methane reduction a business priority, stressing that methane emissions represent not only an environmental challenge but also lost gas and revenue.The company said its experience had dem...

September 1, 2026 No Responses

PIA Clarity Attracting Investments, Boosting Oil Production, Says NUPRC CEO

By ebosele@hotmail.com The Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Mrs Oritsemeyiwa Eyesan, has said the Petroleum Industry Act (PIA) 2021 has provided greater clarity and stability in Nigeria’s oil and gas sector, h...

August 24, 2026 No Responses

NPA Intervention Clears Abandoned NDPHC Power Equipment, Averts Billions In Losses

By ebosele@hotmail.com The Nigerian Ports Authority (NPA) has facilitated the recovery and clearance of critical power equipment belonging to the Niger Delta Power Holding Company Limited (NDPHC) that had been abandoned and left idle at various Nigerian seapor...

August 21, 2026 No Responses

NMDPRA Reaffirms Commitment To Regulation, Energy Security, Industrial Growth

By ebosele@hotmail.com The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has reaffirmed its commitment to effective regulation that promotes investment, energy security, industrial growth and sustainable employment in Nigeria’s pe...

August 13, 2026 No Responses

Customs Hands Over Three Diverted Fuel Tankers To NMDPRA

By ebosele@hotmail.com The Nigeria Customs Service (NCS) has intensified its crackdown on the illegal diversion of petroleum products, handing over three intercepted tanker trucks to the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA)...

August 12, 2026 No Responses

NADDC, National CNG Forum Explore Collaboration

By ebosele@hotmail.com The National Automotive Design and Development Council (NADDC) on Wednesday received a delegation from the National CNG Forum (NCNG-F) to explore opportunities for collaboration aimed at strengthening Nigeria’s Compressed Natural Gas (...

August 11, 2026 No Responses

Tinubu Approves Framework To Unlock $50b Deep Offshore Investment

By ebosele@hotmail.com President Bola Ahmed Tinubu has approved a new investment framework aimed at unlocking up to $50 billion in deep offshore oil and gas investments and reviving large-scale offshore projects that have remained stalled for years.The reform ...

August 11, 2026 No Responses

NADDC, NYSC Flag Off CNG Retrofitting Training For Corps Members

The National Automotive Design and Development Council (NADDC), in collaboration with the National Youth Service Corps (NYSC), has flagged off a Compressed Natural Gas (CNG) Retrofitting Training Programme for 300 Corps Members, aimed at equipping young Nigeri...

August 3, 2026 No Responses

FRSC Canvasses Support For Tinubu’s CNG, EV Initiatives

The Corps Marshal of the Federal Road Safety Corps (FRSC), Shehu Mohammed, has expressed strong support for President Bola Tinubu’s Presidential Initiative on Compressed Natural Gas (CNG) and Electric Vehicles (EVs), describing it as a transformative program...

July 28, 2026 No Responses

NLNG Attains $149.6b Revenue, Remits $10.8b Tax

THE Nigeria LNG (NLNG) has generated $149.6 billion in revenue since it began operations, and has paid $10.8 billion in taxes to the Federal Government since becoming tax-compliant in 2009.Managing director and chief executive officer, Engr. Adeleye Falade, di...

July 25, 2026 No Responses

Nigeria’s $2b Renewable Energy Investment Yields Only 76,000 Jobs, REA Flags Local Capacity Gap

Dr. Abba Aliyu, Managing Director of the Rural Electrification Agency (REA), has disclosed that Nigeria’s renewable energy workforce participation remains significantly low, with the sector generating only about 70,000 jobs despite attracting over $2 billion...