In the News

KEY POINTS The Nigerian National Petroleum Company, NNPC, has said Nigeria is witnessing increased demand for its liquefied natural gas cargoes, as global energy disruptions create new commercial opportunities. The …

KEY POINTS The Nigerian Upstream Petroleum Regulatory Commission, NUPRC, has signed Petroleum Exploration Licence No. 5 with SeaSeis Geophysical Limited to advance offshore exploration activities. The agreement authorises the company, …

KEY POINTS The Transmission Company of Nigeria, TCN, has demolished residential and commercial structures encroaching on the corridor of a 330kV transmission line in the Kudenda area of Kaduna State, …

KEY POINTS The Federal Government has reopened petrol importation, issuing fresh licences to six oil marketers following supply concerns triggered by geopolitical tensions in the Middle East. The move represents …

KEY POINTS Mayors from several Democratic Alliance-led, DA, municipalities have mounted a coordinated challenge against Eskom’s latest electricity tariff increases, calling on the National Energy Regulator of South Africa to …

KEY POINTS The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, NNPC, Bayo Ojulari, has said the company’s collaboration with the Dangote Refinery has strengthened Nigeria’s fuel …

KEY POINTS The Central Bank of Nigeria, CBN, has approved full repatriation of export proceeds by international oil companies, granting them unrestricted access to 100 percent of their foreign exchange …

KEY POINTS The Nigerian Electricity Regulatory Commission, NERC, has inaugurated a new forum designed to strengthen coordination and improve effectiveness in electricity regulation across Nigeria, as the country continues to …

KEY POINTS Oil producers operating in Nigeria are now receiving significantly faster approvals to revive idle wells, as authorities move to boost crude output and strengthen the country’s position in …

KEY POINTS The Dangote Refinery has raised concerns over a major shortfall in crude oil allocations under the Federal Government’s crude-for-naira programme, revealing that it is receiving far fewer shipments …