UAE exits OPEC, targets 5m bpd production, $50bn revenue boost
... as oil price hits $110 Oredola Adeola The United Arab Emirates…
Waltersmith refinery scales capacity from 5,000 to 10,000 bpd, commences petrol, aviation fuel production
....… awaits NMDPRA License to Operate for Phase 2, plans gas-powered free…
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OIL AND GAS
NLNG boosts domestic LPG supply efficiency with new digital platform
… streamlines processes to deliver 100% of LPG supply to local market…
NERC enforces Electricity Act 2023, ends NBET’s role in electricity contracts
... Johnson Akinnawo takes over as Acting MD/CEO of NBET, as Dr.…
NIPCO Gas, NNPCL commission Lekki gas distribution project with 100 MMSCFD capacity
... NIPCO Gas, NNPCL operationalize gas supply to 24 MW power plant…
NNPC Ltd denies sabotage allegations against domestic refiners, asserts legal compliance, fair practices
"Refining business is a straightforward business which any investor should know before…
JUNE 12: Tinubu grants full pardon, national honours to Ken Saro-Wiwa, Ogoni eight
... as FG moves to restart oil production in Ogoniland, 30 years…
Egbin Power: Illuminating future, fostering development through education
As a vehicle that catalyzes growth, education plays a pivotal…
Dangote Refinery partners with MRS to sell petrol at ₦935/L, nationwide
... reduces ex-depot price from ₦970 to ₦899.50 ...new petrol pricing launches…
President Tinubu drops Ramat, nominates Musiliu Oseni as substantive NERC Chairman
… asks Senate to confirm Aisha Mahmud for second term Oredola Adeola …
RENEWABLES
Abba Aliyu bags ENERGY TIMES award for transparency, driving renewable energy impact at REA
"He was honoured for his ability to achieve an 85% budget execution…
REA disburses ₦9.006bn for seven mini-grid projects from REA–Lotus Bank ₦100bn fund
...allocates ₦7.95bn to Havenhill for four projects in Taraba, Kwara, Kogi ...₦1.056bn…
India, Nigeria show the way to electrifying the global south
By Abba Aliyu, Manoj Sinha and Woochong Um Since the turn…
Missed opportunities in power financing: AVM (Rtd) Iyamu bemoans underutilized carbon trading in Nigeria
... how carbon credits, carbon offsets could be used to close electricity…
Don't Miss
Supreme Court rules Cabotage Act does not apply to oil, gas drilling rigs, exploration
... companies not liable under current cabotage act; future amendments would apply…
EKEDC restates commitment to improved service delivery through infrastructural development
op-ed by Tiwalade Haastrup On March 16, 2024, Eko Electricity Distribution Company…
UTM Offshore Ltd set to announce Final Investment Decision for Nigeria’s First $5bn floating LNG project
Africa’s natural gas reserves estimated at 630 trillion SCF, but investment in…
REA, Republic of Korea commissions 1MW clean energy to Rubochi, Ikwa communities in Abuja
...powering 2,500 households in Rubochi with 900 kWp, 300 homes in…
POWER... GENERATION, TRANSMISSION AND DISTRIBUTION
Power Minister, Adelabu submits resignation, fixes April 30 exit date
... recommends new title for successor 'Coordinating Energy Minister' Oredola Adeola Following earlier…
REA targets 1,350 mini-grids from 400 base to strengthen Nigeria’s global standing
... set to grow solar manufacturing to 300MW, targets 3.7GW in bid…
Adelabu set to resign as Power Minister, briefs Tinubu, secures nod for Oyo Governorship bid
Oredola Adeola Chief Adebayo Adelabu, Minister of Power, has formally informed President…
Q1 2026 sees Nigeria divert gas abroad despite stable supply at 4.83 Bscf/day
... as allocation crisis hits gas-to-power, industries, transport, households amid rising supply…
MARITIME
Imported petrol cheaper than Dangote by ₦135.76/L as landing cost hits ₦1,139.24/L
... as FG grants 6 new petrol import licences, targets 180,000 tonnes…
NNPC FY 2025 result: Revenue up +34.3% from FY 2024 to N60.52 trn, profit after tax climbs to N5.76 trn
... strong operations under Ojulari drive 1.54 mmbopd crude oil, 6,914 mmscf/d gas production…
MEMAN warns 15% tariff on imported petrol, diesel could push pump prices above ₦1,000/L
Isong says new fuel import tariff is regressive, will hurt low-income Nigerians,…
OTL Africa Downstream 2025: Industry leaders to spotlight sustainability, carbon capture, cost efficiency under full deregulation
"Nigeria committed to optimizing oil, gas resources through sustainable practices...as filling stations…
SOLID MINERAL RESOURCES
Aiyedatiwa urges geoscientists, investors to tap into Ondo’s 42 bn-ton bitumen reserve- second largest globally
...says Ondo hosts Nigeria’s largest methanol plant, assures supportive environment for oil,…
Chagoury group targets Kaduna’s contested lithium project, as UK-registered firm, Jupiter disputes FG’s revocation
Ibukunbayo Akinnubi The Chagoury Group, through its affiliate Atlantic Mining Techniques, led…
Kachikwu proposes expanding NCI Fund from $450m to $1bn through operators, investors contributions
... calls for enforcement to make pipeline contractors invest locally, build JV…
Fatona, Falade, others to chart safety, sustainability, energy solutions at 17th PSRG-Richardson HSSE forum in Lagos
Oredola Adeola Dr. Layi Fatona, Chairman of Renaissance Africa Energy Company, and…
Latest News
FG inaugurates NUPRC Board, Magnus Abe takes over as Chairman, tenure begins April 28
The Federal Government has inaugurated the Board of the Nigerian Upstream Petroleum…
UAE exits OPEC, targets 5m bpd production, $50bn revenue boost
... as oil price hits $110 Oredola Adeola The United Arab Emirates…
Waltersmith refinery scales capacity from 5,000 to 10,000 bpd, commences petrol, aviation fuel production
....… awaits NMDPRA License to Operate for Phase 2, plans gas-powered free…
Leadership change at NGA as Nwokedi hands over to Taiwo, Isesele assumes Publicity Secretary role
... Oladeji Olaoti takes over as Gen.Sec, Olabode Ogundipe as Dep. Gen.…
Nigeria’s multi-tier electricity market growth depends on execution, alignment, not policy ambition – PwC’s report
… liquidity constraints, legacy debt, metering gaps, ageing infrastructure continue to influence…
Lagos signs Power Purchase Agreements with 3 firms, secures 60MW contracted capacity
… targets scale-up to 200–400MW within 3 years through market-driven investments Oredola…
Audrey Joe-Ezigbo unveils growth agenda to scale Falcon’s role in Nigeria’s gas economy
Oreoluwa Adeshewa Audrey Joe-Ezigbo, the new Chief Executive Officer of Falcon Corporation…
Nigeria’s NNPC, Algeria’s Sonatrach sign MoU to boost research, innovation in oil, gas
Ojulari pushes unified framework to pool resources, integrate data, share risks across…