Tony Elumelu appointed Non-Executive Director in Seplat

…As Olivier Cleret De Langavant Resigns From Board Following the Company’s prior announcement regarding the sale of Etablisements, Maurel et Prom SA (“M&P”) 20.07% shareholding in Seplat to a combination of Heirs Holdings Limited and Heirs Energies Limited, the Board of Seplat Energy today announces the resignation of Mr. Olivier Cleret De Langavant as a…

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Over 60% of power plants idled in Q3 2025, says NERC

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…

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IPMAN kicks against Fuel Imports as Dangote Refinery says no Supply Disruption Claims

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,…

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Heirs Energies Celebrates Five Years of Accelerated Growth and Achievements

-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…

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NUPRC Unveils agenda to drive growth in the upstream sector.

This transformative vision according to the commission chief executive rests on three pillars: Production optimization and revenue expansion; regulatory predictability and speed; safe, governed and sustainable operations. Eyesan said this aligns with President Bola Ahmed Tinubu’s renewed hope agenda and his plan to hit a production target of 2mmbopd by 2027 and 3mmbopd by 2030….

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Hospital Road Tragedy: Club Seventies Epe Mourns Victims, Calls for Urgent Road Safety Reforms

Grief hung heavily over Epe on Wednesday as Club Seventies Epe joined the rest of the community in mourning the victims of the devastating truck accident that claimed several innocent lives along Hospital Road on Monday. In a joint statement issued by the President, Mr. Yusuf Yunus, and the Secretary, Mr. Taoheed Oladehinde Sikiru, the…

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NUPRC fixes January 14 for pre-bid conference on 2025 oil blocks

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…

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