Energy
Nigeria Falls Short on Domestic Crude Supply, Delivers Only 28.5m Barrels in Q1
Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has revealed that Nigeria supplied only 28.5 million barrels of crude oil to domestic...
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Marketers Back NNPC’s Refinery Revival Deal With Chinese Firms
Fuel marketers have expressed strong support for Nigerian National Petroleum Company Limited’s plan to revive the Port Harcourt and Warri...
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NNPC Records ₦276bn Profit in March as Gas Output Hits 12-Month High
The Nigerian National Petroleum Company Limited (NNPCL) has reported a profit after tax of ₦276 billion for March 2026, more...
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NERC Directs Consumers to State Regulators for Electricity Complaints
The Nigerian Electricity Regulatory Commission (NERC) has directed electricity consumers in states with newly established regulators to submit complaints on...
Read moreNNPC Completes OB3 River Niger Crossing, Unlocks Major Gas Supply Boost
The Nigerian National Petroleum Company Limited(NNPCL) has completed the long-delayed River Niger crossing of the Obiafu-Obrikom-Oben (OB3) gas pipeline, unlocking...
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Middle East Oil Crisis Spurs Global Push for Faster Clean Energy Transition
A fresh global oil crisis triggered by the Middle East conflict has intensified calls for a rapid shift to clean...
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Reps Order DISCOs to Refund N55.42bn NMMP Funds Over Poor Performance
The House of Representatives Nigeria has directed 11 electricity distribution companies (DISCOs) to refund N55.42 billion received under the National...
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Seplat Energy Plc Posts N52.5bn Profit, Declares $9 Cents Dividend Amid Mixed Q1 Performance
Seplat Energy Plc has reported a post-tax profit of N52.5 billion for the first quarter of 2026, up from N35.3...
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Petrol Prices Near N1,400/Litre as Middle East Crisis Disrupts Global Oil Supply
Pump prices of Premium Motor Spirit (petrol) are approaching N1,400 per litre in many parts of Nigeria as geopolitical tensions...
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Dangote Refinery Begins Jet Fuel Supply to Ethiopian Airlines Amid Global Shortage
The Dangote Petroleum Refinery and Petrochemicals has commenced direct delivery of aviation fuel to Ethiopian Airlines, as global supply tightens...
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