Energy
Nigeria Produces 454.28 Million Barrels of Oil and Condensates in Nine Months — NUPRC
Nigeria produced a total of 454.28 million barrels of crude oil and condensates between January and September 2025, according to...
Read moreNigeria Nears 2.5m bpd Output Target as NUPRC Approves 28 New Oil Field Projects
Nigeria is edging closer to achieving its 2.5 million barrels per day (bpd) oil production target as the Nigerian Upstream...
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Reps Launch Probe Into Abandoned $35m Modular Refinery Project in Bayelsa
The House of Representatives has resolved to investigate the state of the $35 million modular petroleum refinery located in Brass,...
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NERC Approves ₦28bn for Free Metering of Band A Customers Under Tranche B of Meter Acquisition Fund
The Nigerian Electricity Regulatory Commission (NERC) has approved the disbursement of ₦28 billion to electricity distribution companies (DisCos) for the...
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Nigeria Customs Intercepts N80.4m Worth of Petrol Smuggled to Benin Republic
The Nigeria Customs Service (NCS), under its special anti-smuggling initiative Operation Whirlwind, has intercepted 1,980 jerrycans of premium motor spirit...
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Petrol Nears ₦1,000 Per Litre as Marketers Move to Import Fuel Independently
Amid worsening fuel supply challenges and escalating pump prices, petroleum marketers in Nigeria have begun moves to independently import petrol...
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NNPCL Raises Petrol Price to ₦992 per Litre
The Nigerian National Petroleum Company Limited (NNPCL) has increased the pump price of Premium Motor Spirit (PMS), also known as...
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NUPRC: 11 Crude Cargoes Rejected by Local Refiners Despite Supply Complaints
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has revealed that 11 crude oil cargoes offered to local refiners in one...
Read moreNERC: FG’s Debt to Power Generation Companies Hits N1.05tn in First Half of 2025
The Federal Government’s debt to electricity generation companies (GenCos) has risen to N1.05 trillion in the first half of 2025,...
Read moreNUPRC Cuts Signature Bonus by 90% to Boost Oil Sector Investment
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has explained the rationale behind its decision to lower the signature bonus from...
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