energy sector

Petroleum Marketers Assert They Supply 68% of Nation’s Fuel, Challenge Dangote’s Capacity Claims
The Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) has challenged claims made by the Dangote Refinery regarding its ability to single-handedly meet Nigeria’s...

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Politics Today
2 days ago2 days ago

The Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) has challenged claims made by the Dangote Refinery regarding its ability to single-handedly meet Nigeria’s fuel demands amid the ongoing strike by petroleum tanker drivers. On Tuesday, Anthony Chiejina, a representative of the refinery, asserted that there was “no fuel shortage” and that refinery operations...

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Tinubu Calls on Extractive Firms to Lead the Charge in Low-Carbon Transition
President Bola Ahmed Tinubu has called on Nigeria’s extractive industries to embrace environmentally friendly and sustainable methods that align with the global shift towards cleaner...

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Politics Today
3 days ago3 days ago

President Bola Ahmed Tinubu has called on Nigeria’s extractive industries to embrace environmentally friendly and sustainable methods that align with the global shift towards cleaner energy. Speaking at the International Conference on Petroleum, Environment, Solid Minerals and Security (ICPESMS 2025) held in Abuja, Tinubu emphasized the importance of adopting a low-carbon development path, implementing circular...

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Chinese Investors Set to Transform Katsina State with $720 Million Boost in Agriculture and Renewable Energy Projects
Chinese Investors Target $720 Million in Agriculture and Renewable Energy Ventures in Katsina State Expanding Foreign Investment in Northern Nigeria A delegation of twenty-five Chinese...

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Business Updates
2 weeks ago2 weeks ago

Chinese Investors Target $720 Million in Agriculture and Renewable Energy Ventures in Katsina State Expanding Foreign Investment in Northern Nigeria A delegation of twenty-five Chinese investors, spearheaded by China Overseas Engineering Group (COVEC), recently conducted site visits across Katsina State to evaluate opportunities in agriculture and renewable energy sectors. These prospective projects, collectively valued at...

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NNPCL Teams Up with Private Refiners to Revive Struggling Refineries – Ojulari Reveals Bold Rescue Plan
NNPCL Embraces Private Partnerships to Revitalize Nigeria’s State-Owned Refineries The Nigerian National Petroleum Company Limited (NNPCL) has officially announced its intention to collaborate with private...

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Politics Today
2 weeks ago2 weeks ago

NNPCL Embraces Private Partnerships to Revitalize Nigeria’s State-Owned Refineries The Nigerian National Petroleum Company Limited (NNPCL) has officially announced its intention to collaborate with private refining firms as part of a strategic initiative to restore the country’s dormant state-owned refineries. This move signals a shift towards sustainable and commercially viable refinery operations after years of...

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NNPC Under Siege: Ojulari Sounds the Alarm on Ongoing Attacks
NNPC Ltd Faces Heightened Criticism Amidst Calls for Leadership Change Recently, the Nigerian National Petroleum Company Limited (NNPC Ltd) has been at the center of...

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Politics Today
2 weeks ago2 weeks ago

NNPC Ltd Faces Heightened Criticism Amidst Calls for Leadership Change Recently, the Nigerian National Petroleum Company Limited (NNPC Ltd) has been at the center of public controversy, as widespread protests have erupted demanding the ousting of Mr. Ojulari. Accusations of corruption and poor administrative practices have fueled these calls, intensifying pressure on the company’s leadership....

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Cross River Ignites Economic Boom by Unlocking Vast Gas and Solid Mineral Treasures
Cross River State Initiates Major Development in Gas and Mineral Resource Exploration In a significant move to harness its abundant natural resources, Governor Bassey Otu...

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Politics Today
2 weeks ago2 weeks ago

Cross River State Initiates Major Development in Gas and Mineral Resource Exploration In a significant move to harness its abundant natural resources, Governor Bassey Otu of Cross River State announced a new strategic collaboration on Tuesday in Calabar. The partnership, forged with Pana Holdings, aims to systematically develop the state’s extensive gas reserves and solid...

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Petrobras Set to Make a Comeback in Nigeria Following Five New MOUs Signed Between Nigeria and Brazil
Petrobras Set to Re-Enter Nigerian Market Following Strategic Agreements In a significant development for Nigeria-Brazil relations, the Nigerian government has inked five Memoranda of Understanding...

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Politics Today
2 weeks ago2 weeks ago

Petrobras Set to Re-Enter Nigerian Market Following Strategic Agreements In a significant development for Nigeria-Brazil relations, the Nigerian government has inked five Memoranda of Understanding (MOUs) with Brazil, paving the way for enhanced bilateral cooperation. Among the key outcomes is the anticipated return of Petrobras, Brazil’s leading energy corporation, to Nigeria’s oil and gas sector....

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Nigeria’s Oil Production Surges Nearly 10% in July, Reveals NUPRC
Significant Growth in Nigeria’s Oil Production Recorded in July According to the latest data released by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), the country’s...

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Politics Today
3 weeks ago3 weeks ago

Significant Growth in Nigeria’s Oil Production Recorded in July According to the latest data released by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), the country’s crude oil production surged by 9.9% in July 2025 compared to the previous month. This notable increase marks a promising turnaround for Nigeria’s oil sector, which has been grappling with...

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Ten Months, Ten Price Swings: Unveiling Petrol’s Rollercoaster Ride Since Dangote Refinery’s Grand Debut
launch over ten months” loading=”lazy” class=”pl” /> Analyzing Petrol Price Volatility Since the Launch of Dangote Refinery In September 2024, the Dangote Refinery made headlines...

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Opinion
3 weeks ago3 weeks ago

launch over ten months” loading=”lazy” class=”pl” /> Analyzing Petrol Price Volatility Since the Launch of Dangote Refinery In September 2024, the Dangote Refinery made headlines by entering the Nigerian petrol market as a direct supplier. This milestone sparked optimism across the country, with many anticipating more stable fuel prices and reduced dependency on imports. Fluctuating...

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Nigeria Aims for Ambitious 2.5 Million Barrels Daily Oil Output by 2026 – NUPRC
Nigeria Aims for 2.5 Million Barrels Per Day Oil Production by 2026, Confirms NUPRC The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has reaffirmed the nation’s...

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Opinion
3 weeks ago3 weeks ago

Nigeria Aims for 2.5 Million Barrels Per Day Oil Production by 2026, Confirms NUPRC The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has reaffirmed the nation’s commitment to reaching a crude oil production milestone of 2.5 million barrels per day by the year 2026. This ambitious goal aligns with Nigeria’s strategic plans to boost its oil...

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