Dangote refinery trucks out 32.01ml/d average in Dec. 2025, against 50ml/d target, as importers, NNPC supply 31.69ml/d
.... domestic petrol consumption rises from 52.3m l/d in Dec. 2024 to 63.7m l/d in Dec. 2025 Oredola Adeola Despite a planned domestic supply target of 50 million litres…
Heirs Energies marks 5 years on OML 17, commends all-Nigerian workforce as output doubles to over 50,000 bpd
... maintains top three low-cost operator status between 2020–2024 Oredola Adeola The company made this known in the statement obtained by Advisors Reports on Thursday. It noted that the…
FG vows to award 50 blocks in 2025 licensing round only to credible operators, enforces “Drill-or-Drop” rule
Lokpobiri says oil licenses should be treated as status symbols, urges value creation for Nigerian economy NUPRC seeks technically, commercially competent operators - Engr. Oritsemeyiwa, Authority Chief Executive Oredola Adeola…
New leadership of NMDPRA, NUPRC, NERC kick off 2026 with commitment to collaboration, industry growth
... NUPRC, NMDPRA to hold quarterly meetings to streamline regulation ... NMDPRA, NERC agree to boost power-gas synergy, strengthen national energy security Oredola Adeola The newly appointed helmsmen of…
FG inaugurates ₦40bn Third Mainland bridge CCTV centre, powered by 240 solar panels for 24/7 surveillance
Oredola Adeola The Federal Government has inaugurated the Third Mainland Bridge CCTV Monitoring Centre, a ₦40 billion facility powered by 240 solar panels, designed to provide round-the-clock surveillance of…
Dangote refinery cuts minimum petrol purchase from 2 million to 250,000 L, introduces 10-day credit, free delivery
... denies supply disruption to IPMAN Oredola Adeola Dangote Refinery, in December 2025, eased access to its Premium Motor Spirit (petrol) by reducing the minimum purchase requirement for qualified…
Decade of Gas gains momentum as Tinubu, stakeholders push gas-powered economy by 2030
... to deliver prosperity to millions of Nigerians Ademisoye Precious Nigeria’s Decade of Gas Programme has gained strong momentum between 2023 and 2025, with stakeholders aligning with President Bola Ahmed…
Heirs Energies secures $750m Afreximbank financing to drive field development, production, sustainable growth
Oredola Adeola Heirs Energies Limited, Nigeria’s leading indigenous integrated energy company, has secured a $750 million financing facility from the African Export–Import Bank (Afreximbank) to accelerate field development and optimise…
NBET issues ₦590bn Series 1 power sector bond under ₦4trn debt reduction programme
... FG-backed bonds aim to raise ₦1.23trn by Q1 2026 for GenCos, gas suppliers, restore confidence — Verheijen Oredola Adeola Nigerian Bulk Electricity Trading (NBET) Plc, through its Special Purpose…
WIEN applauds Tinubu over appointment of Eyesan, first female NUPRC Chief Executive
... expresses confidence in Eyesan to drive transparency, efficiency in upstream regulation Adeshewa Oreoluwa The Women in Energy Network (WIEN) has lauded President Bola Ahmed Tinubu for appointing Oritsemeyiwa…