Industry

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced the successful conversion of Ingentia Energies’ Petroleum Prospecting Licence (PPL 2022) into a Petroleum Mining Lease (PML 66), marking a major milestone in…
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The war between the Nigeria Union of Petroleum and Natural Gas Workers, (NUPENG), and the Dangote Group reached a new dimension on Thursday as the union accused the conglomerate of undermining workers’ rights and attempting to weaken…
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NUPENG The fragile truce between the Nigerian Union of Petroleum and Natural Gas Workers (NUPENG) and the $20 billion Dangote Petroleum Refinery has collapsed, raising fears of renewed industrial action and fuel supply disruption. …
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In a major legal victory that could set a new precedent for loan recoveries, First Bank of Nigeria Limited has won its appeal at the Court of Appeal against General Hydrocarbons Limited (GHL), a company owned by media mogul Nduka…
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This is as it announced Monday, September 15, 2025, as the new date to begin the direct petrol distribution initiative. The initiative, which Dangote Group had earlier announced would kick off on August 15, 2025, would see the $20…
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A public affairs analyst and convener of the Coalition of Civil Society for Energy Reform, Awaal Dairu, has revealed that the Group Chief Executive Officer of Nigerian National Petroleum Company Limited, Bayo Ojulari, is under fire…
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This brings into effect the sweeping fiscal changes signed by President Bola Tinubu in June. The publication of the reforms was confirmed on Wednesday in a statement issued by Kamorudeen Yusuf, Personal Assistant on Special Duties…
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Data from the Independent System Operator (ISO) revealed that power generation dropped from 2,917.83 megawatts (MW) to just 1.5MW between 11 a.m. and 12 p.m, confirming a national grid collapse. In a statement to its customers, the…
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Prof. Wumi Iledare By Saidu Abubakar When Dr. Ibe Kachikwu, former Minister of State for Petroleum Resources, spoke recently at the NCDMB Business Mentorship Series, his central message was simple but sobering: political interference…
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...Timeline for oil blocks dev L-R: Prof. Emmanuel Ibe Kachikwu, Former Minister of State for Petroleum Resources, Dr. Obinna Ezeobi, General Manager, Corporate Communications, NCDMB, Richmond Osuji, CEO, Lips Service, Chika Udora,…
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