Archives for Oil and Gas
Nigeria’s $2bn Renewable Energy Investment Yields Only 76,000 Jobs, REA Flags Local Capacity Gap
BY NGOZI ONYEAKUSI Dr. Abba Aliyu, Managing Director of the Rural Electrification Agency (REA), has disclosed that Nigeria’s renewable energy workforce participation remains significantly low, with the sector generating only…
Petrol imports jumped 207% to 543m litres in June – NMDPRA
The latest factsheet from the Nigerian Midstream Downstream Petroleum Regulatory Authority (NMDPRA) has revealed that Nigeria imported an estimated 543 million litres of Premium Motor Spirit (PMS), also known as…
NLNG Celebrates Professor Bart Nnaji at 70, Honours His Contribution to Science, Innovation
BY NGOZI ONYEAKUSI NLNG has paid tribute to Professor Bart Nnaji at 70, highlighting his more than two decades of contribution to the governance, credibility and international reach of The…
NNPC slashes operational costs by $3.4b in one year
The Nigerian National Petroleum Company (NNPC) Limited said it has slashed operational costs by $ billion between April 2025 to April 2026. The Group Chief Executive Officer of the Nigerian…
Nigeria’s crude oil output hits 74-month high beats OPEC quota
Nigeria’s crude oil production has climbed to its highest level in more than six years, with the country exceeding its Organisation of the Petroleum Exporting Countries production quota for the…
Petrol refiners, marketers risk sanctions as FCCPC probes high prices
Petrol refiners, depot operators, marketers and retail outlet owners could face regulatory sanctions if investigations uncover evidence of consumer exploitation in Nigeria’s downstream petroleum sector, the Federal Competition and Consumer…
Power debt row deepens as GenCos challenge minister’s N501bn payment claim
A fresh dispute has erupted over the Federal Government’s electricity market debt settlement programme after the Minister of Power, Joseph Tegbe, insisted that the first tranche of the N501 billion…
Train 7 Reaches 90% Completion, Creates 16,000 Jobs as NCDMB, NLNG Deepen Local Content Drive
The leadership of the Nigerian Content Development and Monitoring Board (NCDMB) and the NLNG Ltd have reaffirmed recommitment to deepen the existing close collaboration between the agencies, towards enhancing in-country…
NLNG Train 7 Strengthens Industry Capacity with 70 Newly Trained Talents
BY NGOZI ONYEAKUSI Seventy young professionals have graduated from the NLNG Train 7 Project Human Capacity Development Basic Training Programme, completing an intensive one-year programme in Data Analysis and Supply…
Crude output rises as NUPRC targets 1.9mbpd
Nigeria’s crude oil production could rise to million barrels per day in the near term following recent improvements in output, the Nigerian Upstream Petroleum Regulatory Commission has said. The…
