The Nigerian National Petroleum Company Limited, NNPCL, has attributed the recent rise in cooking-gas prices to a temporary disruption to loading and distribution during the strike by the Petroleum and Natural Gas Senior Staff Association of Nigeria. The Group Chief Executive of NNPCL, Mr Bayo Ojulari, disclosed this while speaking to State House correspondents on…
The Nigerian government is reportedly in discussions with China’s Export-Import Bank for a $2 billion loan to construct a new “super grid” aimed at resolving the country’s persistent electricity challenges. Minister of Power, Adebayo Adelabu, said on Monday that the new transmission line would serve both the eastern and western regions of Nigeria, where many…
On Sunday, OPEC+ agreed to raise oil output by 137,000 barrels per day (bpd) from November. The increase is equal to the one adopted in October, with markets seeing it as a cautious step amid persistent fears of an oversupplied market. This relatively modest increase came after the group hit back at rumors of a…
The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Bayo Ojulari, is confident that the nation’s oil production will hit 1.8 million barrels per day crude benchmark before the year ends. According to Channels Tv report, Ojulari stated this after visiting President Bola Tinubu in Lagos. The NNPCL boss was in…
The House of Representatives Committee on Safety Standards and Regulations has commended the Niger Delta Power Holding Company (NDPHC) for upholding high safety standards at the Calabar Power Plant in Odukpani, Cross River State. In a statement, the Head, Corporate Communications & External Relations of NDPHC, Emmanuel Ojor, said the Committee gave the commendation after…
The tension in Nigeria’s oil and gas sector seems to have come to an end as the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has reached an agreement to suspend two days action against Dangote Refinery. This comes as the oil company agreed to recall its workers dismissed for belonging to PENGASSAN….
The ministry said it was profoundly saddened by the deep sense of national loss. A statement by the ministry said that Ambassador Ogidan died on Saturday 27th of September 2025 in Abuja in a brief illness. Until his unfortunate and painful passing, he was the Director in-charge of the West African Affairs Division (WAAD) in…
Shell aims to strengthen its focus on LNG over the next decade, with chief executive Wael Sawan saying that LNG will be the company’s “biggest contribution to the energy industry”. Sawan noted that natural gas is one of the best fuels to reduce emissions in places that currently rely heavily on coal, such as China,…
Sahara Group, in collaboration with the Association of Energy Correspondents of Nigeria (NAEC), has announced its “Making A Difference: Workshop” aimed at Championing Excellence and Sustainability in Energy Reporting The annual initiative is designed to support energy reporters to hone both their journalistic craft to effectively drive Nigeria’s energy sector reforms and the global energy…
In line with its capacity building mandate, the Nigerian Content Development and Monitoring Board (NCDMB) is set to begin a comprehensive digitalization training programme targeting 3,700 youths across the country. In a statement, the General Manager, Corporate Communications, Obinna Ezeobi, PhD said theinitiative, which is under the banner of the NCDMB Digitalization Initiative (NDI), is…
