Energy
NUPRC Sets June 12 Deadline for 2025 Oil Licensing Round Bid Submissions
The Federal Government, through the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), has set Friday, June 12, 2026, as the deadline...
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Oil Prices Rebound as US–Iran Tensions Escalate and Crude Inventories Fall
Oil prices rose on Wednesday, recovering from a seven-week low reached in the previous session, as renewed geopolitical tensions in...
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Seplat Energy Announces Leadership Transition as Tony Elumelu Set to Become Chairman in 2027
Seplat Energy Plc has announced major board and executive leadership changes, including a succession plan that will see businessman Tony...
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Energia Limited Appoints Tai Oshisanya as Independent Non-Executive Director
Energia Limited has appointed Tai Adetokunbo Oshisanya as an Independent Non-Executive Director on its board, effective May 2026. The company...
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Oil Prices Dip as Iran–Israel Pause Eases Supply Risk Fears
Oil prices slipped on Tuesday, giving back most of the previous session’s gains after Iran and Israel announced a halt...
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Nigeria’s Active Oil Rigs Surge 41% in March as Upstream Activity Rebounds
Nigeria's oil and gas industry recorded a strong rebound in drilling activity during the first quarter of 2026, with the...
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Algeria Begins Construction of Key Trans-Saharan Gas Pipeline Section
Algeria has officially launched construction on a new section of the Trans-Saharan Gas Pipeline, a landmark energy project expected to...
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Nigeria’s Petrol Import Bill Crashes 96% as Local Refining Gains Momentum
Nigeria's expenditure on the importation of Premium Motor Spirit (PMS), commonly known as petrol, dropped by more than 96 per...
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TCN Says National Grid Can Wheel 8,700MW, Rejects Claims It Is Power Sector’s Main Bottleneck
The Transmission Company of Nigeria has dismissed claims that the country’s transmission network is the major obstacle to improved electricity...
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GenCos Say Tinubu’s Approved N3.3tn Power Debt Settlement Yet to Reach Operators
Nigeria’s power generation companies have said they are yet to receive any payment from the N3.3tn power sector debt settlement...
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