The Federal Government has announced that 13 of the 50 oil and gas blocks offered under the 2025 Licensing Round will be returned to […]
Category: Energy/Oil and Gas
Edo Grants 7MW Mini-Grid Licence to Indigenous Power Firm to Boost Electricity Supply
The Edo State Government has issued a 7-megawatt (MW) mini-grid electricity licence to indigenous energy company, IZENERGY Limited, as part of efforts to expand […]
Oil Prices Hit One-Month High as US-Iran Conflict Disrupts Supply Routes
Global oil prices climbed to a one-month high on Monday as escalating hostilities between the United States and Iran heightened concerns over crude supply […]
Tinubu Govt Steps Up Efforts to Bridge Nigeria’s Electricity Supply Gap – Minister
The Federal Government has reaffirmed its commitment to closing Nigeria’s electricity supply gap, with the Minister of Power, Joseph Tegbe, saying the Tinubu administration […]
Nigeria Loses 3,100GWh of Power Potential to Gas Flaring as Energy, Climate Costs Mount
Nigeria lost an estimated 3,100 gigawatt-hours (GWh) of electricity generation potential in May 2026 due to continued gas flaring by oil companies, underscoring a […]
Dangote Refinery Ends Naira Petrol Sales, Switches to Dollar-Based Pricing
Dangote Petroleum Refinery has officially ended naira-denominated sales of refined petroleum products, introducing a new pricing structure that sets the ex-depot price of Premium […]
Nigeria’s Crude Oil Production Hits Six-Year High, Surpasses OPEC Quota
Nigeria’s crude oil production rose to a six-year high in June, averaging 1.56 million barrels per day (bpd), representing 104 per cent of the […]
NOG Energy Week: NNPC, Partners Seal Landmark Gas Agreements to Boost Industrialisation and Energy Security
The Nigerian National Petroleum Company Limited (NNPC Ltd) and its industry partners have signed six landmark gas agreements aimed at accelerating Nigeria’s industrialisation, strengthening […]
NNPC Boss Calls for Stronger Energy Partnerships, Highlights Major Industry Gains
The Group Chief Executive Officer of the Nigerian National Petroleum Company (NNPC) Limited, Engr. Bashir Bayo Ojulari, has called for stronger collaboration across Nigeria’s […]
Solar Mini-Grids Now a Top Investment Opportunity in Nigeria’s Power Sector – FG
The Federal Government has said solar mini-grid electricity is rapidly emerging as one of the most attractive investment opportunities in Nigeria, positioning the renewable […]
