Energy operators push local financing, fresh exploration to unlock sector growth
INDUSTRY operators have called for increased domestic financing, oil exploration and a fully liberalised gas market to unlock the energy…
IBEDC harps on collaboration at 17.7MW mini-grid project groundbreaking in Ibadan
In his address, the IBEDC managing director said the project demonstrated how electricity distribution companies and independent energy developers could…
No plan to increase electricity tariff — FG
The Federal Government has no plan to increase electricity tariffs, Minister of Power Joseph Tegbe has said, urging Nigerians to…
Discounted fuel: PETROAN seeks NNPC partnership to reduce queues
The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has asked the Federal Government to approve a partnership with…
FG pays N1.23trn of GenCos’ legacy debts, targets full settlement in 2027
The Federal Government has paid about N1.23 trillion of legacy debts owed to power generation companies (GenCos) and plans to…
Energy watchdog backs Dangote Refinery’s appeal against fuel import licence ruling
The Energy Watchdog has backed Dangote Petroleum Refinery and Petrochemicals' decision to seek leave to appeal a Federal High Court…
NBET commences part-payment of N4trn debt to GenCos
THE Nigerian Bulk Electricity Trading Plc (NBET) has commenced the settlement of participating Generation Companies (GenCos) and their associated Gas…
At 20, OTL Africa targets investment, regional energy trade
AFRICA’S downstream and midstream energy industry is set to explore fresh investment opportunities and strengthen regional petroleum trade as OTL…
FG, NCDMB, others push wider access to oil, gas assets
THE Federal Government, the Nigerian Content Development and Monitoring Board (NCDMB) and other industry stakeholders have called for a wider…
We don’t have enough crude oil for Dangote – FG
The Federal Government has said Nigeria does not currently produce enough crude oil to meet the Dangote Petroleum Refinery’s daily…
Petrol discount: FG’s policy will involve subsidy payment — TUC President
He said if you compare that to the N70,000 minimum wage, you will understand that due to low minimum wage,…
Dangote reduces diesel price as crude falls
The latest adjustment marks the second reduction in Dangote Refinery’s diesel price within a month and brings its gantry price…
Stakeholders seek adequate crude production for domestic refineries
•Demand local price template Nigeria’s drive to expand domestic refining capacity could be undermined by inadequate crude oil supply and…
Seplat seeks increased investment in natural gas resources
Seplat Energy Plc has called for increased investment across Nigeria’s gas value chain to unlock the country’s vast natural gas…
NNPC targets 430 million barrels in annual crude trading, profit rises to N7.2tn
The Nigerian National Petroleum Company Limited (NNPC Ltd.) has set a medium-term target of increasing its annual crude trading volume…
PETROAN, Azikel Refinery partner to boost local fuel supply
A statement signed by PETROAN's national public relations officer and the chairman, Investment and
Petrol: How smugglers use crossborder marriages to fleece
•Customs reveals why petroleum smuggling persists •Experts raise fresh concern, demand litre-by-litre tracking The Nigeria Customs Service (NCS) has revealed…
Firm breaks new ground in Nigeria’s cold-chain sector
Energy solutions provider, Clarke Energy, has officially expanded its footprint in Sub-Saharan Africa by commissioning a 1MW gas-powered plant for…
NMDPRA sets September 2028 target for transition to willing buyer, willing seller gas market
The Nigerian Midstream and Downstream Petroleum Regulatory Authority has set September 24, 2028, as the target date for Nigeria's domestic…
MDGIF attracts N1.6trn investment with N671bn public fund
Midstream and Downstream Gas Infrastructure Fund (MDGIF) has revealed that it invested ₦671 billion in public funds to
