NUPRC warns of mounting crude oil output losses
– As NUJ pledges support for development journalism
The Nigerian Upstream Petroleum Regulatory Commission, NUPRC, has raised fresh concerns over Nigeria’s declining crude oil production due to widespread pipeline vandalism,!-->!-->!-->!-->!-->…
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Oil Marketers Back Potential Privatisation of Refineries
The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL) Bayo Ojulari
Oil marketers and industry stakeholders have thrown their weight behind the proposed sale of Nigeria’s refineries under the!-->!-->!-->…
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How ‘Nigeria First Procurement Policy’ will boost local manufacturing, forex
Worried by the low patronage and dwindling manufacturing of made-in-Nigeria goods, the federal government recently launched ‘Nigeria First’ Procurement Policy, to re-emphasize on the need to promote local content and industrialization!-->!-->!-->…
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OPEC Calls for Urgent Investment in Global Upstream Sector
OPEC Headquarters in Vienn
The Organisation of the Petroleum Exporting Countries (OPEC)has called for urgent and sustained investment in the global upstream oil sector, warning that a cumulative $14.9tn will be required between 2025 and!-->!-->!-->…
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Ex-President Muhammadu Buhari is Dead – Aide
Nigeria’s Former President Muhammadu Buhari is dead. His former aide, Bashir Ahmad, announced the passing of the former president on X.
He wrote: “The family of the former president has announced the passing on of the former!-->!-->!-->!-->!-->…
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NNPC/Shell Vision First Outreach Restores Sight For Over 2,000 In Lagos Community
There have been testimonies of restored sights as more than 2,000 people accessed healthcare services in an outreach organised in Lagos as part of the Vision First initiative of the Nigerian National Petroleum Company Ltd (NNPC) and!-->!-->!-->…
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Abuja NOG Exhibition: Petroleum Ministers, Others Visit EATECH Pavilion
Lkpobiri
Ministers of Petroleum and other stakeholders in the oil and gas industry were among the guests who visited the Engineering Automation Technology Limited (EATECH) booth at the Nigerian Oil and Gas (NOG) Energy Week held in!-->!-->!-->…
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PIA Review Must Prioritize Governance, Not Transactional Tweaks
By Saidu Abubakar
A renown Petroleum Economist, Professor Wumi Iledare has observed that the calls for a review of the Petroleum Industry Act (PIA) just four years after its passage must go beyond superficial amendments and focus!-->!-->!-->!-->!-->…
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DMO confirms March bond service at N67.99bn
The Debt Management Office (DMO) has refuted reports claiming that the Federal Government spent N611.71 billion servicing a domestic US Dollar-denominated bond in March 2025, clarifying that the actual figure was N67.99 billion.
In!-->!-->!-->!-->!-->…
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NNPC To Publish Comprehensive Reports On Oil Sales, Subsidy Payments
According to Vanguard News, the Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against the Nigerian National Petroleum Company (NNPC) over what it describes as the company’s failure to account for and!-->!-->!-->…
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