Industry

Ed Ubong, Director, Decade of Gas Secretariat (left); Momoh Oyarekhua, Chairman, Crude Oil Refinery-owners Association of Nigeria (CORAN) (second left); Umar Gwandu, Technical Assistant to the Minister of State for Petroleum (Oil) (third…
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The Federal Government installed 707,765 electricity meters in the first half of 2026, a 71% jump from 412,792 meters installed in the same period of 2025, according to NERC data.NERC said installations comprised 357,495 meters in…
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Femi Falana SANHuman rights lawyer and Senior Advocate of Nigeria, Femi Falana, has urged the Federal Government to reduce the price of petrol and direct the Nigerian National Petroleum Company Limited to refine the country’s 450,000…
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Stakeholders have urged the federal government to review the current practice of borrowing against future crude oil production, warning that the arrangement could leave part of the country’s future oil output committed to lenders…
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The Nigerian National Petroleum Company Limited (NNPC Ltd) reduced its total liabilities by N19.58 trillion in 2025, even as its assets declined by N17.61 trillion during the year.According to the company’s 2025 financial results,…
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The Nigerian National Petroleum Company (NNPC) Limited ended 2025 with N8.31 trillion owed to it by the Kaduna, Warri and Port Harcourt refineries, highlighting the scale of funding required to keep the long-troubled plants moving…
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Why Nigeria Must Strengthen Its Position in Africa’s Next Wave of Oil and Gas Investment By William Emmanuel UkpojuAfrica is entering another critical contest for energy capital, and Nigeria is once again standing at the centre…
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By Ese UfuomaThe interception of a 20,000-litre fuel tanker carrying more than two tonnes of cannabis in Ondo State has exposed another dimension of the challenge facing Nigeria’s security agencies: the attempt by criminal…
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By William Emmanuel UkpojuWhen Nigeria enacted the Petroleum Industry Act (PIA) in 2021, one of its most consequential institutional reforms was the dismantling of the former Department of Petroleum Resources (DPR) and the…
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By Jauhar Suleiman SalihuThe integrity of Nigeria's gas transition agenda has come under fresh scrutiny after the 2024 report of the Auditor-General for the Federation accused the Midstream and Downstream Gas Infrastructure Fund,…
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