An indigenous oil and gas company, MSM group has improved output from Nigeria’s Oil Prospecting Licence (OPL) 98 by 126 million barrels to 224 million… Read More »Firm boosts Nigeria’s oil reserves by 126 million barrels
Shareholders have raised concerns over the escalating cost of energy in Nigeria, warning that the development is threatening the fragile recovery of manufacturing companies, particularly… Read More »Shareholders rue impact of rising energy cost on FMCG sector
Nigerian National Petroleum Company (NNPC) Limited says a coordinated campaign by defence and intelligence agencies has nearly wiped out pipeline theft, restoring confidence in the… Read More »Oil theft nearly wiped out — GCEO NNPC
The Nigerian National Petroleum Company Limited (NNPCL) has deducted a total of N235.6 billion between January and July 2025 from the Frontier Exploration Fund (FEF),… Read More »NNPCL deducts N235.6b in seven months for oil search in North, frontier basins
The Petroleum Technology Association of Nigeria (PETAN), yesterday, presented an Award of Excellence to the Managing Director of Shell Nigeria Exploration and Production Company Ltd… Read More »PETAN honours SNEPCo MD
NLNG has announced the signing of long-term Gas Supply Agreements (GSAs) with six third-party gas suppliers in a strategic move to strengthen feed gas supply… Read More »NLNG seals pact with gas suppliers to aid production, expansion
The Nigeria Liquefied Natural Gas Limited (NLNG) and several upstream gas suppliers have signed long-term Gas Supply Agreements (GSAs) to deliver 1.29 billion standard cubic… Read More »NLNG, suppliers sign agreement to boost gas supply
Nigeria has pledged to offer some of the world’s most competitive incentives to international oil and gas investors as part of its drive to restore… Read More »Lokpobiri assures returning oil firms of global-standard incentives
The last is yet to be heard about the recent order by the Enugu Electricity Regulatory Commission (EERC) reducing tariff for Band A customers in… Read More »Power firm petitions EERC, seeks review of tariff reduction order
Nigeria is seeking an estimated $23 billion to drive a nationwide renewable energy push that could transform electricity access for more than 119 million people,… Read More »FG seeks $23b boost for renewable energy target