Petrol Price Chaos: Nigerians Face Fresh Burden
By Gideon Osaka
In May 2023 when the multibillion-dollar Dangote Refinery was officially commissioned, it was hailed as a national pride and a monumental achievement for Nigeria’s petroleum sector. The 650,000 barrels per day (bpd)…
Read More...
Read More...
Petrol: It’s Reasonable to Expect That There Will be a Bit More Reductions on The Price…
Professor Ken Ife says Nigeria should carefully reconsider its continued membership of the Organization of the Petroleum Exporting Countries, arguing that the country must place its long term economic interests and expanding refining…
Read More...
Read More...
NUPRC Issues Petroleum Prospecting Licences To 2024 Bid Winners
As part of efforts to unlock fresh investments in Nigeria’s upstream oil and gas sector, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has issued Petroleum Prospecting Licences (PPLs) to successful bidders in the 2024…
Read More...
Read More...
Shell Recognised For Landmark Achievements At NOG Energy Awards
Joseph Mordi, General Manager, Wells & Geoscience Operations, Shell Nigeria Exploration and Production Company Limited (SNEPCo), alongside other Shell leaders, receives an award from the Special Adviser to the President on Energy, Olu…
Read More...
Read More...
Africa’s Grid Constraints Come Into Focus As Regional Markets Push Towards Integration
Africa’s electricity demand is projected to nearly double to 2,291 TWh by 2050, requiring an estimated $30 billion in transmission and grid infrastructure investment to unlock and integrate new generation capacity.
Yet, across the…
Read More...
Read More...
Egypt want officials kicked out of World Cup
The Egyptian Football Association says it has asked Fifa to kick the officials in charge of their World Cup last-16 defeat by Argentina out of the tournament.
The EFA said it had lodged a complaint with football's world governing…
Read More...
Read More...
PFIPC scandal: Senate rejects motion to investigate controversial N1.3bn allocation
The Senate on Wednesday declined to launch a comprehensive investigation into the budgetary allocation, operations, and growing controversy surrounding the purported Presidential Foreign Intervention Promotion Council (PFIPC).
The…
Read More...
Read More...
NNPC records 98% Recovery Across Five Crude Oil Export Terminals — Ojulari
...Seeks stronger collaboration across Nigeria’s energy industry
The Group Chief Executive Officer of the Nigerian National Petroleum Company (NNPC) Limited, Engr. Bashir Bayo Ojulari, has disclosed that the company recorded an…
Read More...
Read More...
Gbajabiamila: They prepared PFIPC budget while I was in detention – Adeyemi
Prince Adeniyi Adeyemi, who claims to be the Director-General of the Presidential Foreign Investment Promotion Council, PFIPC, has questioned how the agency was captured in the national budget despite the Presidency’s insistence that…
Read More...
Read More...
Oil Prices Soar As Trump Says Deal With Iran Is Over
Oil prices rose by more than five per cent on Wednesday as President Donald Trump declared that the interim agreement with Iran on peace was over.
Trump said this following U.S. strikes on Iran in reaction to attacks on three ships…
Read More...
Read More...
Shell Tells Nigeria Story In Exhibition At NOG 2026
The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri; the Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo; the Special Adviser to the President on Energy, Olu Verheijen; the Group Chief Executive…
Read More...
Read More...
