Five northern Nigerian states, including part of Niger Republic , to experience blackout
Transmission Company of Nigeria has announced a blackout in five Northern Nigerian states, including part…
Five northern Nigerian states, including part of Niger Republic , to experience blackout
Transmission Company of Nigeria has announced a blackout in five Northern Nigerian states, including part of the Niger Republic. TCN disclosed this in a statement on Saturday by its spokesperson, Ndidi Mbah. The Nigerian government agency said the outage is due to annual maintenance on its Mando–Kumbotso 330kV Transmission Line scheduled for Sunday, 31st May…
TotalEnergies’ Oil Trading Reaps $2 Billion Per Year, -CEO
TotalEnergies SE’s oil trading activities generally earn the company about $2 billion per year, Chief Executive Officer Patrick Pouyanné said, a rare comment on the vast size of the oil trading operations of some of Europe’s majors. The comment comes as the company reported a 29% jump in its adjusted net income in the first…
Dangotes Refinery reduces Ex-depot price of petroleum products
The Dangote Petroleum Refinery & Petrochemicals has announced a fresh reduction in the ex-depot prices of Premium Motor Spirit (PMS) and Automotive Gas Oil (AGO). In a statement on Saturday, the company said the reduction reinforces its commitment to making refined petroleum products more affordable and supporting economic activities across Nigeria. Under the latest price…
NUPRC, NMDPRA move to end regulatory overlaps, boost investor confidence
The Nigerian Upstream Petroleum Regulatory Commission and the Nigerian Midstream and Downstream Petroleum Regulatory Authority have pledged deeper collaboration to eliminate regulatory uncertainties and strengthen investor confidence across Nigeria’s petroleum industry. The commitment followed a courtesy visit by the new Authority Chief Executive of the NMDPRA, Rabiu Abdullahi Umar, to the headquarters of the NUPRC…
NMDPRA enforces 3% host community funds.
The NMDPRA disclosed this recently during a Stakeholder Sensitisation Workshop on the implementation of the HCDT framework and the operationalisation of the HCDT Digital Portal held in Port Harcourt. The Host Communities Development Trust is a framework mandated by Nigeria’s Petroleum Industry Act 2021 to ensure direct social, environmental, and economic benefits for petroleum-producing areas….
Lagos approves mining sites to support Lagos-Calabar Coastal Road Project.
The Lagos State Government has said designated mining sites were approved for Hitech Construction Company to support work on the Lagos-Calabar Coastal Road project. The disclosure was made during the Year 2026 Ministerial Press Briefing of the Lagos State Ministry of Energy and Mineral Resources in Alausa. The approval was mentioned as part of an…
Lagos moves to end long blackout culture with 24-hr electricity plan.
Installs over 40,000 solar-powered streetlights across metropolis Lagos State Government has unveiled an ambitious roadmap to end the “culture of blackouts” and establish a 24-hour electricity market driven by private sector investment, smart metering and independent power generation across the state. Commissioner for Energy and Mineral Resources, Mr. Biodun Ogunleye, disclosed this on Monday, during…
Tony Elumelu to join Seplat board after $500 million stake
Multi-billionaire founder and chairman of United Bank for Africa (UBA) Plc, Mr. Tony Elumelu, is expected to be formally elected to the board of Seplat Energy Plc on Wednesday, May 20, 2026, as shareholders gather virtually for the company’s 13th Annual General Meeting. This is according to the energy company’s Notice of Annual General Meeting…
UNIPORT, UNIBEN Emerge Regional Winners of NCDMB-sponsored Engineering Olympiad.
The University of Port Harcourt, represented by innovation Team PROTRONICS, and the University of Benin, by Team VHORDE, on Monday at the Nigerian Content Tower (NCT), Yenagoa, emerged winners from the South-South region in the Nigerian Engineering Olympiad (NEO). The competition is a nationwide engineering, innovation and entrepreneurship competition launched in 2025 by a non-profit…
NCDMB to Host 2026 Midstream, Downstream Stakeholders Summit
The Nigerian Content Development and Monitoring Board (NCDMB) is set to host the 2026 Oil & Gas Midstream & Downstream Stakeholders Summit. The event is scheduled to hold from May 19–20, 2026, at Four Points by Sheraton Lagos, Victoria Island, Lagos. According to Obinna Ezeobi, PhD,Genaral Manager, Corporate Communications Division of the Board, thesummit is designed to bring together key decision-makers,…
