Nigeria’s daily consumption of Premium Motor Spirit (PMS), otherwise known as petrol, fell by 1.27 per cent to 47.4 million litres per […]
Category: Oil and Gas
NNPC, Shell’s ‘Vision First’ reaches over 10,000 Nigerians
The Vision First initiative of the Nigerian National Petroleum Company Limited (NNPC) and Shell Nigeria Exploration and Production Company Limited […]
Nigeria’s crude oil output holds above 1.5mbpd for Third Month
Nigeria’s crude oil production remained above 1.5 million barrels per day (bpd) for the third consecutive month in July 2026 […]
President Tinubu approves deep offshore reform targeting $50 billion investment in Nigeria’s oil sector
President Bola Tinubu has approved a landmark deep offshore investment reform aimed at unlocking up to $50 billion in new […]
NUPRC to attract $50 billion investment through 22 major projects
Nigeria’s upstream oil and gas sector could attract between $30 billion and $50 billion in fresh offshore investments between 2026 […]
Oando Plc records 20% increase in revenue to N2.1 trillion
Oando Plc has recorded a 20 per cent increase in revenue to N2.1 trillion for the half-year ended June 30, […]
NUPRC seeks deeper industry collaboration to strengthen Nigeria’s energy future
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has urged stronger collaboration among government and industry stakeholders to build a resilient, […]
Nigeria must lead global energy security – Seplat CEO
The Chief Executive Officer, Seplat Energy Plc, Mr Effiong Okon, has called for more collaboration, increased investment, and faster gas […]
NCDMB graduate 50 crane operators to boost oil, gas sector
No fewer than 50 young Nigerians have graduated from Crane Operator Training Programme, sponsored by the Nigerian Content Development and […]
NNPC records N535bn profit after tax for June
The Nigerian National Petroleum Company Limited (NNPC Ltd.) says it has recorded N535 billion Profit After Tax (PAT) for the […]