Petrol pump price nears ₦1,000/L as $88–$91 crude landing costs hit Dangote supply chain
… Dangote says NNPC supplies only 5 of 13 monthly cargoes needed…
Adetunji Oyebanji, pioneer MD of 11 Plc, to bow out after over 45 years in oil and gas Industry
Oredola Adeola Adetunji Oyebanji, Managing Director of 11 Plc (formerly Mobil Oil…
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OIL AND GAS
Tinubu to clear N4 trn GenCos debt within six months — Adelabu
... Minister mulls electricity subsidy removal, urges Nigerians to embrace cost-reflective tariffs…
NEITI 2022/2023 reveals over $6.049 bn, N65.9 bn in unpaid royalties, gas flare penalties as of Aug. 31, 2024
... shows over $6.071 bn, N66.4 bn in outstanding collectable revenues due…
NUPRC’s rapid progress in ExxonMobil’s $1.3bn Assets Deal to Seplat Energy Plc: A Tale of Swift Action and Commitment to Nigeria’s Energy Industry
By Ibrahim Musa There are indications that the Nigerian Upstream…
Oyedele fiscal policy Committee teams up with NEITI to drive oil, gas, extractive industry transparency
Oredola Adeola The Presidential Committee on Fiscal Policy and Tax…
NERC raises alarm over states yet to constitute subnational electricity regulators months after autonomy
... warns against political interference, calls permit issuance by aides ‘an aberration’…
YEDC deploys 1,880 meters with N243million allocation from N21bn MAF scheme for Band A customers
... to install the meters at "No Cost" to Band A customers…
#NEACConference: Ogah challenges FG to add mining sector to NEC, insists solid minerals hold key to diversification
... warns Nigeria risks becoming dumping ground for green tech, reveals inaction…
AEDC debtors given 72 hrs to clear outstanding bills or face disconnection by Monday
Oredola Adeola The Abuja Electricity Distribution Company (AEDC) has issued a…
RENEWABLES
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…
REA secures $700,000 ECOWAS grant to power 15 health centres, schools with Solar in FCT, Niger, Nasarawa
...seals MoU with Niger State to unlock ECOWAS funding for solar infrastructure…
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…
REA commissions 100kWp solar mini-grid in Damau, Kaduna under FG capital subvention programme
...delivers clean energy, stable water for over 2,500 residents Precious Ademisoye…
Don't Miss
NNPC’s NGML initiates process to acquire 5.2mmscfd CNG facility from AXXELA’s GNSL
Oredola Adeola NNPC Gas Marketing Limited (NGML), a subsidiary of the Nigerian…
400,000 bpd crude oil deficit, despite vast reserves Nigeria at risk of partial implementation of 2024 budget – IPPG Chairman
... says competitive fiscal regime being negotiated with Shell, Total Energies, ExxonMobil,…
Sanwo-Olu Signs Lagos Electricity Bill 2024, targets 24-hour power supply
Oredola Adeola Lagos State Governor Babajide Sanwo-Olu has signed the Lagos…
#OTLAfrica: NNPC Ltd commits to rolling out new infrastructure, revamping downstream assets to boost collaboration
Oredola Adeola The Nigerian National Petroleum Company (NNPC) Limited has announced…
POWER... GENERATION, TRANSMISSION AND DISTRIBUTION
Tinubu inaugurates Gbajabiamila-led Committee to launch Grid Asset Management Company, GAMCO
...mandates Committee to review electricity laws, identify areas of conflict, overlap Oredola…
Governor Mutfwang of Plateau donates 70 transformers, mobilizes funds 132kV line to boost JEDC network
Oredola Adeola Caleb Manasseh Mutfwang, Governor of Plateau State, has donated…
NERC raises alarm over states yet to constitute subnational electricity regulators months after autonomy
... warns against political interference, calls permit issuance by aides ‘an aberration’…
System Operator begins load shedding amid gas shortages, power generation drops below 4,500 MW
... power plants receive 692 MMSCF of gas, 937 MMSCF short of…
MARITIME
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…
Dangote refinery exports 1.1bn litres of petrol in 99 days (June–early September) — Aliko Dangote
… rolls out 1,000 CNG-powered trucks, targeting petrol sales at the same…
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
Tinubu inaugurates Gbajabiamila-led Committee to launch Grid Asset Management Company, GAMCO
...mandates Committee to review electricity laws, identify areas of conflict, overlap Oredola…
Petrol pump price nears ₦1,000/L as $88–$91 crude landing costs hit Dangote supply chain
… Dangote says NNPC supplies only 5 of 13 monthly cargoes needed…
Adetunji Oyebanji, pioneer MD of 11 Plc, to bow out after over 45 years in oil and gas Industry
Oredola Adeola Adetunji Oyebanji, Managing Director of 11 Plc (formerly Mobil Oil…
Governor Mutfwang of Plateau donates 70 transformers, mobilizes funds 132kV line to boost JEDC network
Oredola Adeola Caleb Manasseh Mutfwang, Governor of Plateau State, has donated…
UPDATED: Middle East Crisis: Dangote Refinery hikes petrol gantry price ₦64–₦65 above imported fuel
... as Brent crude extends rally to $84.41/bbl on Thursday, approaches…
NCDMB 204-room Yenagoa hotel to open as Radisson in Dec 2026
... as Edison signs management deal Oredola Adeola The Nigerian Content Development…
NERC raises alarm over states yet to constitute subnational electricity regulators months after autonomy
... warns against political interference, calls permit issuance by aides ‘an aberration’…
WIEN strengthens partnership with Ministry of Women Affairs on clean energy, family development, inclusion
Precious Ademiloye The Women in Energy Network (WIEN) has reaffirmed its commitment…