The delegates of the Federal Government, led by the National Security Adviser, Nuhu Ribadu, and senior officials of the Nigerian National Petroleum Company Limited (NNPC), led by Bayo Ojulari, on Monday, paid a visit to Rivers State Governor, Siminalayi Fubara, on Federal Government’s plan for peace and oil exploration in Ogoni land Speaking during the […]Read More
Motorists in the Federal Capital Territory (FCT) are calling on Dangote Refinery to increase the number of its partner retail outlets to improve accessibility of petrol, following the recent reduction in pump price. Dangote Refinery recently designated MRS Oil as its partner retail outlet to dispense petrol at N739 per litre nationwide. This price is […]Read More
December 22, 2025 The Eko Electricity Distribution Company (Eko DisCo) has reiterated its zero-tolerance stance on vandalism of electricity infrastructure following the successful prosecution and sentencing of multiple individuals involved in the destruction and theft of critical power assets in Ikoyi, Lagos. In a statement by the General Manager, Corporate Communication, Mr. Babatunde Lasaki stated […]Read More
December 18, 2025 Seplat Energy Plc has appointed Saidu Mohammed and Larry Ettah as Independent Non-Executive Directors, effective 1 January 2026. The signed statement was disclosed by its secretary, Edith Onwuchekwa, on Wednesday. The appointments followed the resignation of Bello Rabiu and Babs Omotowa, who left the Seplat board after being appointed to the NNPCL […]Read More
December 18, 2025 The abrupt resignation of Nigeria’s top petroleum regulator shortly after the launch of one of the country’s largest oil block auctions in years has sparked fresh concerns. Gbenga Komolage, head of the Nigerian Upstream Petroleum Regulatory Authority, and Farouk Ahmed, head of the Nigerian Midstream and Downstream Petroleum Regulatory Authority, have both resigned. Their […]Read More
December 18, 2025 Norway ramped up its pipeline gas exports, Qatar raised its LNG supply, and the United States saw LNG exports hit a record high in October, just as demand in the northern hemisphere started to grow with the fall in temperatures. Global gas demand jumped by 12 bcm in October compared to September, […]Read More
December 17, 2025 Oil prices should improve next year, driven by healthy demand, TotalEnergies’ chief executive Patrick Pouyanne told Bloomberg, noting that a supply response from OPEC will also likely contribute to the rebalancing of oil markets. “Demand continues to grow,” Pouyanne said. “I trust also OPEC countries to manage the situation” in case oil prices fall […]Read More
December 17, 2025 The world’s coal demand is on track to hit a record high this year as policy shifts, weather, and fuel prices have pushed higher consumption in regions previously thought to have leveled off, the International Energy Agency (IEA) said on Wednesday. Global coal demand is on track to rise by 0.5% this year, reaching […]Read More
Clean-energy and carbon-finance company, FuelTree Limited, has officially launched to transform access to clean cooking, carbon markets, and green finance across the continent. Established as a special-purpose vehicle of SMEFUNDS, CSR-in-Action Consulting and Carbon Credit Network Africa (CCNA), FuelTree builds on more than a decade of sustainability leadership, community engagement, and carbon-project development experience. FuelTree’s […]Read More
Emmanuel Nlewedum, Port Harcourt The Nigeria National Petroleum Corporation Limited (NNPCL) has set its targeted crude oil production for 2026 at over two million barrels per day. Engr. Akponime Omojevwhe, Head Field Operations, Eastern Corridor, Project Monitoring Office (PMO NNPCL) made the disclosure at the monthly stakeholders meeting with host communities of the Trans Niger […]Read More
