Energy Business – City Business News

March 18, 2026 No Responses

NLNG Commissions 6.5-Ton Gas Facility In Rivers Community

Residents of Rumuji in Rivers State have received a significant boost in access to clean energy following the commissioning of a 6.5-ton gas dispensing facility aimed at improving living standards and promoting sustainable development.The project, delivered by NLNG under its...

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...

March 10, 2026 No Responses

Conoil, Omatek, Oando Lift Stock Market With N147b

The Nigerian stock market opened the week on a positive note on Monday, with investors gaining N147 billion as market capitalisation climbed to N126.583 trillion.The gain was driven by sustained demand for stocks such as: Conoil, Legend Internet Omatek, NGX...

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...

February 3, 2026 No Responses

NCDMB Pushes Local Content Beyond Compliance At Energy Summit 2026

By ebosele@hotmail.com. – The Nigerian Content Development and Monitoring Board (NCDMB) has called for a shift from compliance-driven local content implementation to a more strategic approach aimed at building African industrial champions, as the 2026 Ni...

February 2, 2026 No Responses

Ardova Rolls Out AP SuperMax

Ardova Plc has introduced a new lubricant product, AP SuperMax Motor Oil, designed to address the rising demand for affordable and reliable engine oil among users of generators, motorcycles, public transport vehicles and older engines across Nigeria.The produc...

December 6, 2025 No Responses

Chevron Lauds NUPRC, Confirms Participation In 2025 Licensing Round

By ebosele@hotmail.com. — Chevron Nigeria has lauded the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) for its business-friendly regulatory environment and announced its intention to participate in the 2025 oil and gas licensing round.The com...

October 7, 2025 No Responses

NLNG To Africans: Secure Energy Future

NLNG has urged Africans to move beyond the role of raw material suppliers and take their place as key players in the global LNG market.Speaking during a keynote address titled “The Role of African LNG in a Dynamic Export Market”...

October 3, 2025 No Responses

Seplat Energy: Our People, Asset Integrity, Reliability Driving Sustainable Growth

Seplat Energy Plc, Nigerian independent energy company, has recorded unprecedented growth since it was founded by acquiring divested assets, unlocking value from them, improving efficiency and safety performance of the assets, whilst driving the entire growth ...

March 15, 2025 No Responses

Customs Impounds 34,470 Litres Of Petrol

The Nigeria Customs Service (NCS) has intensified its fight against fuel smuggling, leading to a major crackdown on smugglers of Premium Motor Spirit (PMS), commonly known as petrol, in Gembu and Kan-Iyaka border communities of Taraba State. Gembu, the headqua...

December 20, 2024 No Responses

PETROAN Lauds Dangote Refinery For Slashing PMS Price

The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has commended the management of Dangote Refinery for crashing the price of its petrol to N899.50K per litre. In a statement on Thursday, PETROAN spokesman, Joseph Obele, described th...

November 16, 2024 No Responses

TotalEnergies Deploys Emissions Detection Equipment On Upstream Assets

As part of its ambition to aim for near-zero methane emissions by 2030, TotalEnergies announced that the Company is going a step further in the monitoring and reduction of its methane emissions with the deployment of continuous, real-time detection equipment.....

November 15, 2024 No Responses

NNPCL Seals 10-Year Gas Supply Deal With Dangote Refinery

The Nigerian National Petroleum Company (NNPC) Limited has announced that subsidiary, the NNPC Gas Marketing Limited (NGML), has successfully executed a Gas Sale and Purchase Agreement (GSPA) with Dangote Petroleum Refinery and Petrochemicals FZE. This was dis...

November 6, 2024 No Responses

Chevron Explains Fresh Agenda For Oil Exploration, Drilling In Nigeria, Others

Chevron Corporation has announced plans to increase its exploration holdings in African oil producers such as Nigeria and Angola. The company promised to ramp up its exploration efforts due to the anticipated potential for a production rebound in both countrie...