Industry

By Gideon OsakaOn Tuesday, October 22, 2024, marked a historic turning point for Nigeria’s electricity supply industry as the first-ever state electricity regulatory commission officially assumed regulatory oversight of a sub-national…
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By Ese Ufuoma Sixty-four years after Nigeria achieved independence, the nation’s oil sector remains a complex narrative of potential, struggle, and missed opportunities. Despite boasting some of the largest proven oil reserves…
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Okunbor By Saidu Abubakar Shell companies in Nigeria, in collaboration with the Nigerian National Petroleum Company Limited (NNPC) and other stakeholders has built Information Communication Technology (ICT) centres and a digital…
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By Patience Chat Moses Nigerians are grappling with the sharp increase in petroleum prices, which have reached new highs in recent days. Following the surge in petrol costs, the Federal Government intensified its campaign for the…
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…Reps Committee Didn’t Allow Us Clarify Alleged Revenue Leakage Claims - Commission Nigerian Upstream Petroleum Regulatory Commission’s (NUPRC) Chief Executive, Gbenga Komolafe The Nigeria Upstream Petroleum Regulatory Commission…
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Some NNPC entities are accused of intentionally delaying refinery progress to sustain the profitable fuel importation business? Mele Kyari, Group Chief Executive Officer of NNPC. Despite the $1.5 billion allocated for the Port…
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IMF stated that the Tinubu’s government independently made the decision to do away with fuel subsidy The International Monetary Fund (IMF) has denied advising the President Bola Tinubu administration to remove fuel subsidy. The…
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The Nigerian National Petroleum Company (NNPC) Limited has signed a deal with a local downstream player to build a natural gas distribution facility with a capacity of 100 million cubic feet a day (MMcfd) in the state of Kogi in…
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Aradel Holdings Plc Aradel Holdings Plc has announced its participation in the acquisition of Shell Petroleum Development Company of Nigeria Limited (SPDC), Shell’s onshore subsidiary. This was disclosed in a corporate notification…
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Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, has said President Bola Tinubu wants filling stations converted to Compressed Natural Gas (CNG) outlets. Naija News reports that Ekpo made this known while addressing…
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