Oil and gas

Oil and Gas

Nigeria losing rising crude oil benefits due to low production

A renowned economist, Dr Chijioke Ekechukwu, says Nigeria could have recorded a major economic windfall from the current surge in global crude oil prices if the country’s crude oil production was operating at full capacity.

Oil and Gas

‘Probe Alleged ₦5.9 Billion Spent On Rebranding NNPC’, SERAP Tells

 PROBE: The Socio-Economic Rights and Accountability Project (SERAP) has urged President Bola Tinubu “to urgently direct the Attorney General of the Federation and Minister of Justice Mr Lateef Fagbemi, SAN, and appropriate anti-corruption agencies to

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President Tinubu Establishes Task Force On Presidential Petroleum Reform, Value

March 13, 2026 President Bola Ahmed Tinubu, GCFR, has approved the establishment of a Presidential Petroleum Reform & Value Optimisation Taskforce to design and sequence the next phase of structural reforms in Nigeria’s petroleum sector.

Oil and Gas

NUPRC Says Era of dormant licenses is over

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says the era of companies holding on to their prospecting licenses without developing their assets is now officially over. The Commission Chief Executive, Mrs. Oritsemeyiwa Eyesan, stated this

Power

General News

energy|power|renewables General News

EU Ministers Race to Shield Industry From an

Mar 16, 2026 The European Union (EU) is in a rush to find ways to alleviate the energy cost pain

Bank of America: Sell Oil Above $100

NERC Issues Regulation and Authorization Order for Grid-Connected

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oil price
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Oil Price Shock Forces India’s Top Refiners to

India’s state-controlled refiners and retailers are requesting advance payments for the fuel they are supplying to fuel stations as the

India’s Top Bank Avoids Russian Oil Payments Despite

Crude Oil Increase Sparks Possibility of New Petrol

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