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OPEC+ boosts oil output to 548,000 bpd in surprise move
OPEC+ alliance, led by Saudi Arabia and Russia, has announced a further increase in oil output to 548,000 barrels per day in August, exceeding market expectations.
Analysts had predicted a hike of 411,000 bpd, but the group’s!-->!-->!-->!-->!-->…
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NUPRC hit record ₦12.2tr revenue in 2024 – Report
Engineer Gbenga Komolafe, the CEO of the NUPRC
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) in its report said it hit a record high ₦12.2 trillion revenue in 2024.
Bayo Onanuga, the Special Adviser to President Bola!-->!-->!-->!-->!-->…
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Experts Express Concerns Over New Tax Reform Acts
…Fear Systematic Corruption May Hinder Successful Implementation…Stress Need For Accountability In Government Institutions…FCT IJ & GP Lauds Assent, Says It’s Milestone In Fiscal Reforms
Several experts and activists have!-->!-->!-->!-->!-->…
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Understanding IMF’s positive review of CBN-led financial sector reforms
Olayemi Cardoso, Governor of the Central Bank of Nigeria (CBN)
The International Monetary Fund (IMF) has in its recent Article IV Consultations on Nigeria, recognised measures taken by the Central Bank of Nigeria (CBN) to strengthen the!-->!-->!-->…
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How Nigeria can accelerate gas development – Shell
Nigeria’s premier gas distribution company, Shell Nigeria Gas (SNG) has identified development of infrastructure and regulatory and fiscal stability as key drivers for the development of Nigeria’s gas resources.
“Major investments!-->!-->!-->!-->!-->…
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Shell Commended For Elaborate Exhibition At Nigeria Oil And Gas Conference
Dignitaries at Shell Booth during the 24th NOG Energy Week Conference & Exhibition...in Abuja
By Saidu Abubakar
Shell Companies in Nigeria (SCiN) today kicked off their participation at the 24th Nigeria Oil and Gas Conference!-->!-->!-->!-->!-->…
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Shell pledges support for Nigeria’s ambitions for energy sufficiency
Managing Director, Shell Nigeria Exploration and production Company Limited, Ronald Adams... Speaking at a panel session at the 2025 Nigeria Oil and Gas Conference in Abuja
By Saidu Abubakar
Shell says it will continue to explore!-->!-->!-->!-->!-->…
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Despite FG Interventions, Cooking Gas Adoption Remains Low
By William Emmanuel Ukpoju Despite Nigeria’s ambitious declaration of a “Decade of Gas” and its vast reserves of over 206 trillion cubic feet of natural gas, access to clean cooking energy—specifically Liquefied Petroleum Gas!-->!-->!-->…
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Energy Theft: The Hidden Billion-Naira Loss in the Power Sector
By Gideon Osaka In Nigeria’s troubled electricity landscape, where blackouts remain routine and tariffs keep rising, a salient crisis festers in the shadows—energy theft. While consumers decry poor power supply and distribution!-->!-->!-->…
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Fueling Disruption: Dangote Refinery Direct Supply and the New Downstream Playbook
By Gideon Osaka
Nigeria’s downstream petroleum sector is on the cusp of a seismic transformation. With the Dangote Refinery’s announcement that it will begin direct delivery of Premium Motor Spirit (PMS) and diesel using 4,000!-->!-->!-->!-->!-->…
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