Industry

Renaissance Africa Energy Company Limited, operator of the NNPC/Renaissance/TotalEnergies/NAOC Joint Venture has inducted 37 academia and Research Interns from several universities in Nigeria into its 2025-2026 Sabbatical & Research…
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The Nigerian naira came under renewed pressure in the foreign exchange market as foreign portfolio investors (FPIs) accelerated their exit from local assets, triggering a sharp spike in demand for the U.S. dollar.  Amid this surge,…
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*Heineken Lokpobiri The Minister of State for Petroleum Resources (Oil) Senator Heineken Lokpobiri, has condemned the recent sabotage of the 18inch Tepidaba-Brass pipeline operated by Oando Plc in Bayelsa State, describing the act as…
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Senator Ali Ndume, representing Borno South under the All Progressives Congress (APC), has raised critical questions about the impact and transparency of Nigeria’s borrowing practices, stressing that while he is not opposed to the idea…
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As stakeholders in the Nigerian oil and gas industry gear up to mark 15 years of the enactment and implementation of the Nigerian Oil and Gas Industry Content Development (NOGICD) Act, a new book that captures some of the thrills and…
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The upcoming Invest in African Energy 2025 Forum in Paris will showcase Africa’s key upstream licensing opportunities, offering investors exclusive access to critical data and insights, alongside a comprehensive Licensing Rounds Report…
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The Nigerian National Petroleum Corporation (NNPC) Limited has secured a major breakthrough in its export strategy with the signing of a deal to ship crude to a customer this month. The cargo will be loaded on April 9 or 10 onto the…
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The increase in oil supply and U.S. President Donald Trump’s global trade ‘tariffication’ were largely bearish for the commodities, and this dragged energy costs downward. Brent plunged 6.5 per cent to settle at $65.6 per barrel on…
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The federal government has stated that it is set to receive the first batch of 3,205,101 meters procured to bridge the metering gap in the country. A statement by Bolaji Tunji, the media aide to the Minister of Power, Chief Adebayo…
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There are indications that more heads will roll in the Nigerian National Petroleum Company, NNPC Limited and its subsidiaries as Engineer Bayo Ojulari yesterday assumed office as the new Group Chief Executive Officer. This was even…
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