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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 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 …

KEY POINTS The Nigerian Electricity Regulatory Commission (NERC) has approved the appointment of Sherifat Adegbenro as the acting Chief Executive Officer of Eko Electricity Distribution Company (EKEDC). The approval was …

KEY POINTS The United States has warned the European Union to implement a previously agreed trade deal without amendments or risk losing favourable access to liquefied natural gas, LNG, shipments …