Isolo residents to enjoy 24/7 Electricity, get approval to generate 9MW.
Isolo Power Gen Limited has secured approval to develop a 9MW embedded power generation project…
FG integrates CNG training into NYSC scheme
The Federal Government has taken a step toward strengthening youth employment and advancing Nigeria’s clean energy transition with the signing of a Memorandum of Understanding to integrate Compressed Natural Gas retrofitting training into the National Youth Service Corps Skill Acquisition and Entrepreneurship Development programme. The MoU signing ceremony, held at the Federal Ministry of Youth…
Isolo residents to enjoy 24/7 Electricity, get approval to generate 9MW.
Isolo Power Gen Limited has secured approval to develop a 9MW embedded power generation project in Lagos State under the latest licensing round issued by the Lagos State Electricity Regulatory Commission (LASERC). The company is one of 14 licensees recently approved by LASERC, but the only operator cleared under the embedded generation category for a…
NAEC Conference to Xray the Energy Sector for better performance.
Holds in Lagos on October 8 at Eko hotel and Suites in Lagos The Association of Energy Correspondents of Nigeria (NAEC) has announced the date and activities for its upcomimg 2026 annual Conference, with special focus on empowering indigenous operators and enhancing competition in the Nigerian oil, gas, power, solid minerals, and renewable energy sectors….
LASERC to launch 24/7 electricity franchise zones in Lagos by October 2026
The Lagos State Electricity Regulatory Commission (LASERC) has revealed plans to commence the pilot rollout of 24/7 electricity franchise zones across Lagos by October 2026 as part of efforts to transform the state’s electricity market. The disclosure was made by the Commission’s Chief Executive Officer, Temitope George, during the commission’s maiden stakeholder engagement at The…
Pricing stalls offtake of 40.2m barrels of crude.
No less than over 40.2 million barrels of crude oil made available by international and independent oil producers in Nigeria were not taken by Dangote Refinery and other local refineries, the Nigerian National Petroleum Company Limited (NNPCL) said yesterday. Indeed, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), in a release yesterday, signed by its Head,…
The NNPC Limited records a profit after tax of N276 billion in March 2026.
This was disclosed on May 4 via a monthly report published on the company’s website, where it noted that all production, sales, and financial figures remain provisional and subject to reconciliation with relevant stakeholders. According to the report, gas production rose to 7,731 million standard cubic feet per day (mmscf/d) in March, up from 7,458…
NNPCL reignites hope on Nigerian refineries
Petroleum product marketers and retailers have hinted at a possible fresh petrol price drop as Nigerian National Petroleum Company Limited, NNPCL, partners with Chinese firms to restart Port Harcourt and Warri refineries. Reports have it that after a long wait, NNPCL on April 30, 2026, signed a Memorandum of Understanding with Sanjiang Chemical Company and…
OTC 2026: 300 Firms Compete For 50 Oil Blocks In Ongoing Licensing Round — NUPRC
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has said that a total of 300 firms are currently jostling for the 50 oil blocks put out in the 2025/2026 licensing rounds. Chief Executive Officer of the Commission, Oritsemeyiwa Eyesan, disclosed this on Monday at the Nigerian Pavilion of Offshore Technology Conference 2026 in Houston, Texas. According…
NUPRC, NLNG push supply expansion to boost domestic Gas market
The Nigerian Upstream Petroleum Regulatory Commission and Nigeria LNG Limited have intensified efforts to boost domestic gas supply as rising demand pushes NLNG to commit 100 per cent of its LPG production to the local market. The Commission Chief Executive of NUPRC, Mrs Oritsemeyiwa Eyesan, said the regulator is intensifying reforms to support the Federal…
Tinubu declares national emergency on insecurity, poverty in Nigeria
President Bola Ahmed Tinubu on Friday declared a national emergency on insecurity and poverty, describing them as major threats to jobs, productivity, and national stability. Addressing thousands of workers and labour leaders at Eagle Square, the president said decent work cannot thrive in an environment plagued by fear and economic hardship. His remarks aligned with…
