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Industry
NUPRC, Indonesia target energy deals ahead of 2026 licensing round
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has entered strategic investment talks with Indonesia as state-owned energy giant Pertamina sets its sights on Nigeria’s upcoming 2026 petroleum licensing round.The!-->!-->!-->!-->!-->…
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One Month to Go: AEW 2026 Gears Up for Five Days of Deals, Dialogue and Energy Leadership
The African Energy Week (AEW) 2026 Conference and Exhibition, Africa’s largest energy gathering taking place October 12-16, is preparing to bring the full spectrum of Africa’s energy industry to Cape Town.According to a statement!-->!-->!-->!-->!-->…
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Tinubu Lists States Enjoying Reduced Transport Fares Under CNG Programme
President Bola Tinubu has listed several states where the deployment of Compressed Natural Gas (CNG) and electric vehicles has resulted in significant reductions in transportation fares.Tinubu, in a statement he personally signed!-->!-->!-->!-->!-->…
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NMDPRA Breaks Silence On Rising Petrol Prices, Cites PIA
The Nigerian Midstream and Downstream Petroleum Regulatory Authority, (NMDPRA), has explained that it does not determine the price Nigerians pay for petrol at filling stations.The clarification comes amid another increase in the!-->!-->!-->!-->!-->…
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Nigeria’s refined petroleum exports surge 148% YoY to $3.94 billion in Q2 2026
Nigeria’s refined petroleum product exports rose to $3.94 billion in the second quarter of 2026, up 148% from $1.59 billion recorded in the corresponding period of 2025, as the country’s refining sector continued to expand.Copy!-->!-->!-->!-->!-->!-->!-->…
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Civil Servants Decry Hike In Petrol Pump Price, Transportation
Many civil servants in the Federal Capital Territory (FCT) say the increase in the pump price of petrol has raised transportation fares and put additional pressure on their livelihoods.The civil servants made this known in an!-->!-->!-->!-->!-->…
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Atiku Proposes Fuel Subsidy For Local Refiners To Reduce Fuel Prices
News Investigators/ Former Vice-President, Atiku Abubakar and Presidential candidate of the African Democratic Congress (ADC), has proposed a transparent production subsidy for petroleum products refined in Nigeria to reduce pump!-->!-->!-->…
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Oando Shareholders Approve Digital Assets Expansion, Cross-Border Listing
Shareholders of Oando Plc have approved an expansion of the energy company’s business scope into digital assets and authorised its board to pursue the listing of its shares on foreign stock exchanges.The approvals were among!-->!-->!-->!-->!-->…
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RMAFC reopens verification of disputed oil wells
Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has reopened the verification of disputed and newly drilled oil and gas wells from 2017 to date, following complaints by states over the accuracy of well coordinates and!-->!-->!-->…
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‘Dangote Refinery IPO opens new era for capital market’
Nigeria’s capital market is entering a new phase as the Dangote Petroleum Refinery and Petrochemicals FZE opens its ownership to retail and institutional investors through a N2.15 trillion initial public offering (IPO).The offer,!-->!-->!-->!-->!-->…
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