More than 60 per cent of installed power generation capacity in the country remained unavailable for transmission to the national grid in the third quarter of 2025, a report by the Nigerian Electricity Regulatory Commission for Quarter Three of 2025, says. This highlights the deep-seated challenges confronting the country’s electricity supply industry. The development also…
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has voiced strong opposition to the continued importation of Premium Motor Spirit (PMS) into the country. The association also distanced itself from reports suggesting that the surge in petrol imports in November 2025 was linked to a breakdown in supply arrangements between Dangote Refinery and petroleum marketers,…
-Still focused on the future Today marks five years since Heirs Energies assumed operatorship of OML 17, taking responsibility for one of Nigeria’s most complex brownfield assets and committing to steward it with discipline, resilience, and long-term intent. This milestone is not defined by the passage of time, but by what has been delivered. Heirs…
The country’s first unmanned fuel-dispensing stations is digitalised and equipped with smart pumping technology that enables payments without the use of fuel attendants by motorists and customers. Alhaji Auwalu Abdullahi Rano, a business mogul in the oil and gas sector, stated on Wednesday in a statement released in Kano that, “The self-dispensing fuel pumps with…
The Nigerian Upstream Petroleum Regulatory Commission has announced January 14, 2026, as the date for the pre-bid conference for the 2025 oil and gas licensing round, as the Federal Government intensifies efforts to attract fresh upstream investments. In an announcement notice dated January 8, 2026, and signed by the commission’s Chief Executive, Oritsemeyiwa Eyesan, the…
The Nigerian Upstream Petroleum Regulatory Commission and the Nigerian Midstream and Downstream Petroleum Regulatory Authority have renewed efforts to enhance regulatory efficiency and foster investments in Nigeria’s oil and gas sector, signalling a new era of cooperation between the two agencies. A statement signed by the Head of Media and Strategic Communication at NUPRC, Eniola…
The Ministry of Solid Minerals Development recorded a 337 per cent increase in revenue, rising to over N70 billion in 2025 from N16 billion in 2023, under the leadership of Minister of Solid Minerals Development, Dr Dele Alake. The development was disclosed by the Special Assistant on Media to the Minister, Segun Tomori, who attributed…
Petralon Energy, a Nigerian oil exploration and production company, appointed Uduak Equere as executive director effective Monday, as the independent producer seeks to capitalise on recent operational gains and position itself for expansion in Africa’s largest petroleum market. Equere, who joined Petralon as chief commercial officer, will retain that role while taking on group-level responsibilities…
President Bola Tinubu has written two letters to the senate seeking the confirmation of 21 nominees for the boards of Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) and Nigerian Upstream Petroleum Regulatory Commission (NUPRC). In the first letter, Tinubu, according to a statement yesterday by his Adviser on Information and Strategy, Bayo Onanuga, nominated…
The board of Nigeria Liquefied Natural Gas Limited (NLNG) has approved the appointment of Adeleye Falade as the company’s new managing director and chief executive officer. The appointment was disclosed at a send-off ceremony held in Abuja last December to mark the end of the tenure of the incumbent managing director, Philip Mshelbila, whom Mr…
