NUPRC Warns 31 Winners: Pay Signature Bonuses Within 60 Days Or Lose Blocks
EyesanOne month after the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) announced 31 companies as winners of 37 oil and gas blocks in the 2025 Licensing Round, winners are required to proceed with payment of signature!-->!-->!-->…
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NNPC says Nigeria must build skills or risk becoming energy spectator
The Nigerian National Petroleum Company Limited (NNPC Ltd.) is putting the country’s trainers and universities on notice: keep pace with the energy transition or watch a new generation of technical jobs go elsewhere.Kazachiyang!-->!-->!-->!-->!-->…
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AEW 2026 to Explore Africa’s Shift from Local Content Participation to Industrialization
As Africa develops its estimated 125.3 billion barrels of crude oil and 620 trillion cubic feet of natural gas to strengthen energy security and expand local economies, local-content frameworks are entering a new phase.Governments!-->!-->!-->!-->!-->…
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Shell reinforces safety commitment at CEO Contractors Forum
Shell leaders and Contractor CEOs at the Annual Shell Leadership and Contractor CEO Conference, reaffirming their shared commitment to collaboration, operational excellence, alignment on strategic priorities, and sustainable business!-->…
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Reintroducing Government-Controlled Fuel Prices Would Reverse This Policy Direction – Wike
Nyeson Wike, FCT MinisterAccording to a report by Punch Newspaper on Thursday, August 20, 2026, Nyesom Wike, the Minister of the Federal Capital Territory, has defended the Federal Government’s decision to remove fuel subsidy, accusing!-->!-->!-->…
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PENGASSAN Queries Frequent Alterations To PIA Law
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has raised concerns over alleged alterations to the Petroleum Industry Act, citing the removal of some fiscal provisions and moving them to the Nigeria!-->!-->!-->…
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Nigeria’s Energy Paradox Deepens: Dangote Exports Jet Fuel As Airlines Struggle
Nigeria’s energy sector is entering another decisive phase, marked by a striking contradiction: the country is increasingly capable of producing energy commodities for international markets, yet domestic businesses and consumers!-->!-->!-->…
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Reforms saved Nigeria from N3,000/litre petrol, 30 states’ salary crisis — FG
Minister of Finance and Coordinating Minister of the Economy Taiwo OyedeleThe Federal Government has said the economic reforms introduced by the administration of President Bola Tinubu saved Nigeria from a possible petrol price of!-->!-->!-->…
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Oil prices rise as Iran keeps Strait of Hormuz closed
Key Points
Iran says it will keep the Strait of Hormuz closed until the United States fulfils conditions under their June memorandumBrent crude rises to around $91.72 per barrel while West Texas Intermediate (WTI) trades at!-->!-->!-->!-->!-->!-->!-->!-->…
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With Sights Restored, NNPC/Shell Vision First Outreach Makes Mark In Badagry
Nearly 3,000 people in Badagry Local Government Area of Lagos State benefitted from the latest edition of the Vision First initiative of the Nigerian National Petroleum Company Limited (NNPC) and Shell Nigeria Exploration and!-->!-->!-->…
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