Energy
Nigeria’s 3.5bn Barrels of Undeveloped Oil Valued at N341tn – NUPRC
Over 3.5 billion barrels of oil and condensate reserves are currently locked in undeveloped fields across Nigeria’s basins, according to...
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UNDP, REA Partner to Drive Nigeria’s Clean Energy Transition
The United Nations Development Programme (UNDP) and the Rural Electrification Agency (REA) have formalised a landmark partnership to accelerate Nigeria’s...
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Nigeria Sustains Oil Output Above OPEC Quota for Second Month
Nigeria’s average daily crude oil production rose to 1.507 million barrels per day (bpd) in July, according to the latest...
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Dangote Refinery’s CNG Truck Fuel Distribution Delayed Over Logistics in China
The planned fuel distribution by the Dangote Petroleum Refinery using 4,000 Compressed Natural Gas (CNG)-powered trucks has been delayed due...
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NNPC Explores Hydrogen Collaboration and Gas Master Plan with NLNG
The Nigerian National Petroleum Company (NNPC) Limited is exploring hydrogen collaboration opportunities and deepening the Gas Master Plan with Nigeria...
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FG Targets $4.5bn Cost Savings in Oil Sector to Boost Investment Drive
The Federal Government, through the Nigerian National Petroleum Company Limited (NNPCL), says it is implementing aggressive cost-cutting measures aimed at...
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NUPRC Unveils Action Plan to Reclaim Nigeria’s Oil Investment Lead in Africa
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced a strategic push to reclaim the country’s leading position in Africa’s...
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Over Half of Nigeria’s Power Capacity Idle in July, Says NERC
Nigeria’s electricity sector continued to underperform in July 2025, with almost 60 per cent of installed generation capacity sitting idle,...
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FG Mobilises $980m as CNG Stations Surge from 7 to 350 in 18 Months
The Federal Government yesterday announced that at least $980 million has been mobilised in Nigeria’s Compressed Natural Gas (CNG) sector,...
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NISO Seeks Balance Between State Tariff Changes and National Grid Stability
The Nigerian Independent System Operator (NISO) has reaffirmed its commitment to harmonising state-level electricity tariff adjustments with the operational stability...
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