Archives for ENERGY
Nigeria’s oil, gas sector secures $24bn capital inflow – Ojulari
Nigeria’s upstream oil and gas sector has attracted over $24 billion in capital investment following targeted interventions by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), the Group Chief Executive Officer…
Sanwo-Olu charges Nigerians on homegrown solutions, As SNEPCo, JV, NCDMB Donate Geosciences Centre to UNILAG
BY NGOZI ONYEAKUSI Shell Nigeria Exploration and Production Company Limited (SNEPCo), with its joint venture (JV) partners and the Nigerian Content Development and Monitoring Board (NCDMB) on Friday commissioned a…
NLNG Concludes 2026 VIBES Pitch-a-Thon, Disburses ₦250m in Business Grants
NLNG has disbursed a total of ₦250 million in grants to 51 entrepreneurs following the conclusion of its 2026 Vocational Innovation and Business Empowerment Scheme (VIBES), which commenced with…
NCDMB, Seplat Firm up Plans for Take-off of Centre of Excellence at DELSU
Key Management staff of the Nigerian Content Development and Monitoring Board (NCDMB) and Seplat Energy Plc met with principal officers of the Delta State University (DELSU), at Abraka, Delta State,…
DisCos’ revenue recovery drops to 69%, sees N63 billion shortfall
Electricity distribution companies (DisCos) recorded a billion revenue shortfall in January 2026 as average recovery efficiency declined to per cent, contrary to stricter performance thresholds introduced by the Nigerian Electricity…
Improved pipeline security drove oil output to 1.84mbpd – NNPCL
The Nigerian National Petroleum Company Limited has said Nigeria’s crude oil production rose from a historic low of 960,000 barrels per day in 2022 to an average of million barrels…
NCDMB to feature ex-NIMASA DG, Dakuku Peterside in Book Reading Session
The Nigerian Content Development and Monitoring Board (NCDMB) has concluded plans to host the fourth edition of its Quarterly Book Reading Programme, featuring renownedleadership expert and former Director General of Nigerian Maritime Administration and Safety Agency (NIMASA, Dr. Dakuku Peterside. The book reading session…
Electricity tariff hike imminent as Gencos step up pressure
Electricity generation companies have called on the Nigerian Electricity Regulatory Commission to urgently review electricity tariffs following the Federal Government’s recent increase in the domestic base price of gas, warning…
Oil Up, S&P 500 Futures Drop Before Iran Deadline: Markets Wrap
Crude oil advanced in volatile trading and equities lost momentum as investors remained wary ahead of President Donald Trump’s deadline for Iran to make a peace deal, with tentative ceasefire…
Oil prices climb as Hormuz stays shut ahead of Trump deadline
Oil prices extended gains on Tuesday as a deadline loomed for Iran to open the Strait of Hormuz or be "taken out", with President Donald Trump threatening to order…
