Industry

NNPCL The Federal Government is set to commence a fresh audit of the N2.8tn fuel subsidy claim by the Nigerian National Petroleum Company Limited. An audit firm, KPMG, had conducted an initial audit, reducing the claims from N6tn to…
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Osagie Okunbor By Saidu Abubakar Shell has last year, exclusively paid a total of $1.09 billion in corporate taxes and royalties to the Government of Nigeria through the operations of The Shell Petroleum Development Company of…
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By William Emmanuel Ukpoju Aradel Holdings Plc, a leading integrated indigenous energy company in Nigeria, has released its 2023 Annual Report and Accounts, showcasing an unprecedented performance in its operations and financial…
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By Dr. Wisdom Enang The recent 240% increase in electricity tariffs for Band A consumers in Nigeria, effective April 1, 2024, has sparked widespread outrage and concern among citizens. The Nigerian Electricity Regulatory Commission…
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Momoh Jimah Oyarekhua By Ese Ufuoma The new regulations requiring oil producers in Nigeria to sell crude oil to domestic refineries are expected to foster healthy competition in the domestic market, thereby resuscitating the…
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Banga By Adaobi Rhema Oguejiofor The World Bank has pledged to address the electricity shortfall in Africa by committing to provide affordable electricity to about 300 million individuals. This was disclosed by the World Bank…
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Verheijen By William Emmanuel Ukpoju In the complex landscape of national energy policy and implementation, having a capable advisor is crucial for success. President Bola Ahmed Tinubu's administration has committed to address…
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By Patience Chat Moses As the Nigerian literary community gathers to commemorate the 20th anniversary of the prestigious NLNG Nigeria Prize for Literature, there is a palpable sense of achievement in the air. This year, the prize…
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2024 OLEF: Where Energy Security meets Transformative Strategies By Ese Ufuoma Industry leaders, policymakers, and professionals converged at the Petroleum Technology Development Fund Tower, Abuja for the Thirty-third Oloibiri…
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By William Emmanuel Ukpoju Over the years, the International Oil Companies have been essential to Nigeria’s oil and gas production. However, environmental pressures and a global shift towards renewable energy have led many to…
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