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  • AnalysisEnergy Transition

    NUPRC Unveils Game-Changing Regulation to Safeguard Billions

    by Oluwatosin Racheal Alabi February 19, 2024
    by Oluwatosin Racheal Alabi February 19, 2024

    NUPRC’s innovative measurement regulation is set to prevent revenue loss and enhance transparency in Nigeria’s petroleum sector, promising billions in savings.

  • In the News

    TotalEnergies Achieves Zero Routine Gas Flare

    by Oluwatosin Racheal Alabi February 17, 2024
    by Oluwatosin Racheal Alabi February 17, 2024

    Minister Ekpo hails NNPC and TotalEnergies for their groundbreaking achievement in eliminating routine gas flaring, marking a new era in Nigeria’s energy sector.

  • Energy Transition

    NNPC/TotalEnergies JV Hits Zero Gas Flare Milestone

    by Oluwatosin Racheal Alabi February 16, 2024
    by Oluwatosin Racheal Alabi February 16, 2024

    Achieving a groundbreaking zero routine gas flare, NNPC Ltd/TotalEnergies JV leads Nigeria towards a sustainable and environmentally friendly energy future.

  • In the News

    Nigeria’s Oil Output Dips: A Challenge to Revenue Goals

    by Oluwatosin Racheal Alabi February 14, 2024
    by Oluwatosin Racheal Alabi February 14, 2024

    Nigeria’s oil production has seen a significant drop, falling to 1.33 million barrels per day (bpd) from the 1.7 million bpd recorded in October of the previous year, a 27.66 …

  • Energy Transition

    IMF Advocates for Total Electricity Subsidy Removal in Nigeria

    by Oluwatosin Racheal Alabi February 13, 2024
    by Oluwatosin Racheal Alabi February 13, 2024

    The IMF recommends Nigeria fully eliminate electricity subsidies to restore macroeconomic stability, amidst ongoing economic challenges and reform efforts.

  • In the News

    Environmental Crisis in Niger Delta

    by Oluwatosin Racheal Alabi February 12, 2024
    by Oluwatosin Racheal Alabi February 12, 2024

    The Niger Delta faces an environmental catastrophe with over 36.1 million litres of oil spilled, devastating local communities and ecosystems.

  • In the News

    Global Diesel Prices Set to Surge as Stocks Dwindle

    by Oluwatosin Racheal Alabi February 12, 2024
    by Oluwatosin Racheal Alabi February 12, 2024

    With global diesel inventories dwindling, an industrial rebound in North America and Europe could trigger a sharp rise in fuel prices next year.

  • In the News

    Pipeline Woes Persist for Canadian Oil Producers

    by Victor Adetimilehin February 11, 2024
    by Victor Adetimilehin February 11, 2024

    Canadian oil producers still face pipeline woes despite the completion of the Trans Mountain Expansion project.

  • In the News

    NNPC Partners with CBN to Stabilize Oil Revenue Management

    by Oluwatosin Racheal Alabi February 9, 2024
    by Oluwatosin Racheal Alabi February 9, 2024

    In a landmark move, NNPC and CBN collaborate to domicile key revenues, aiming to enhance Nigeria’s economic and fuel supply stability.

  • Energy TransitionOil & Gas

    Nigeria Faces Forward Sale Oil Revenue Challenge

    by Oluwatosin Racheal Alabi February 9, 2024
    by Oluwatosin Racheal Alabi February 9, 2024

    Governor AbdulRazaq reveals Nigeria’s oil revenue for the next six months is pre-sold, urging citizens to support government efforts during economic adjustments.

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Nigeria’s Oil Boom: Record Production in September 2023

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