Energy – Page 3 – City Business News

March 27, 2026 No Responses

NCDMB Lauds ESSO On $23m New Logistics Base At LADOL

The Nigerian Content Development and Monitoring Board (NCDMB) has applauded ESSO Nigeria on the groundbreaking of its permanent shorebase facility at the LADOL Deep Offshore Logistics Base, describing the project as a major demonstration that Nigeria has become a prime...

March 27, 2026 No Responses

Dangote Refinery Refutes IPO Reports

Dangote Petroleum Refinery and Petrochemicals (DPRP) has raised concerns over the circulation of unauthorised and misleading reports suggesting a potential Initial Public Offering (IPO), warning the public to treat such information with caution.In a statement,...

March 24, 2026 No Responses

NCDMB Backs NLNG Training To Boost Community Vendors

The Nigerian Content Development and Monitoring Board (NCDMB) is participating in the ongoing two-day NLNG Community Vendors Training Programme, which commenced on March 23, 2026, in Port Harcourt, Rivers State, as part of efforts to strengthen the capacity of...

March 18, 2026 No Responses

EFCC Hands N3b Recovered Funds To NNPCL

The Economic and Financial Crimes Commission, EFCC, on Thursday, March 18, 2026 handed over a total sum of N3,936,145, 822 ( Three Billion, Nine Hundred and Thirty Six Million, One Hundred and Forty Five Thousand, Eight Hundred and Twenty Two...

March 16, 2026 No Responses

NLNG Inducts New VIBES Beneficiaries

Nigeria LNG Limited (NLNG) has inducted 103 new trainees into its 2026 Vocational Innovation Business and Empowerment Scheme (VIBES), reinforcing its commitment to skills development and sustainable economic empowerment in its host communities.The induction ce...

March 15, 2026 No Responses

NAJA Seeks Sustained Crude Oil Supply To Local Refineries

The Nigeria Auto Journalists Association (NAJA) has called on President Bola Ahmed Tinubu to prioritise the direct supply of crude oil to domestic refineries, particularly the Dangote Refinery, as part of urgent measures to mitigate the rising cost of petrol.....

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...

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...

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...

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...

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...

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...

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...

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...