Archives for ENERGY
NUPRC Eyes Domestic Crude Swap, Aims For $4/b Cost Reduction For Local Refiners
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) is considering a domestic crude swap framework that it says could cut refiners’ costs by an estimated $3 to $4 per barrel. The…
NMDPRA sets new conditions for petrol import licences
The Nigerian Midstream and Downstream Petroleum Regulatory Authority has set new conditions for granting petrol import licences, saying this will be based on published merit-based criteria and a transparent determination…
Winners Emerge in NCDMB Essay Competition, as Board Highlights Importance of Youths, Manufacturing, to Local Content
BY NGOZI ONYEAKUSI Winners of the 10th Edition of the NCDMB Annual National Undergraduate Essay Competition 2026 were on Thursday unveiled at a colourful ceremony at the NCDMB Conference Centre,…
NEDOGAS Managing Director to chair Realnews 14th anniversary lecture
Chair: Debo Fagbami, Managing Director, NEDO Gas Development Company (NEDOGAS) Theme: “Geopolitical Turbulence and Energy Security: Forging Strategic Opportunities for Africa” Date: Thursday, the 19th of November, 2026…
NCDMB, Stakeholders Chart Path for Domestic Manufacturing of Critical Oil and Gas Equipment
BY NGOZI ONYEAKUSI The Nigerian Content Development and Monitoring Board (NCDMB), in collaboration with oil and gas stakeholders, has initiated steps to implement recommendations from an industry-wide study on in-country…
FG targets 250,000bpd from 22 oil blocks, to withdraw idle licences Oct 31
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has promised holders of Petroleum Prospecting Licences (PPLs) of its full support to enable them progress from award to first oil, as the…
Ogaga Ifowodo Wins The Nigeria Prize for Literature with “Why Does God Need a Gun?”
BY NGOZI ONYEAKUSI Ogaga Ifowodo’s Why Does God Need a Gun? has won The Nigeria Prize for Literature 2026, securing one of Africa’s most prestigious literary honours and its $100,000…
Seplat Energy Advances Tree4Life Programme, Targets One Million Trees by 2030
BY NGOZI ONYEAKUSI Seplat Energy has strengthened its commitment to climate action and environmental sustainability through its Tree4Life Programme, which recently achieved a major milestone with the planting of 200,000…
Nigeria Faces Revenue Risk As OPEC Cuts 2026 Oil Demand Growth 5th Time
Nigeria’s oil-funded budget faces fresh pressure after the Organisation of the Petroleum Exporting Countries (OPEC) cut its 2026 global oil demand growth forecast for the fifth consecutive month. In its…
Dangote Refinery Extends IPO To October 27 As African Investor Demand Surges
BY NGOZI ONYEAKUSI Dangote Dangote Petroleum Refinery and Petrochemicals has extended the closing date of its Initial Public Offering (IPO) to Tuesday, October 27, 2026, following approval by the Securities…
