NNPC Achieves Milestone with First Export of 950,000 Barrels of Cawthorne Blend Crude
The Nigerian National Petroleum Company Limited (NNPC Ltd) has recorded a major milestone with the export of 950,000 barrels of ...
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Tag: #EnergySector
TotalEnergies Marketing Nigeria Reports N13.85bn Loss, Revenue Drops 26% in 2025
TotalEnergies Marketing Nigeria Plc has reported a 26 per cent decline in revenue for the financial year ended December 31, ...
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Nigeria Still Relies on Fuel Imports Despite Refining Gains – Lokpobiri
Nigeria’s claims of nearing energy self-sufficiency have come under renewed scrutiny after the Minister of State for Petroleum Resources (Oil), ...
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Nigeria’s Power Sector Faces Renewed Strain Amid Gas Supply Disputes
Nigeria’s electricity supply chain is under renewed pressure as financial and contractual disputes between Generation Companies (GenCos) and gas suppliers ...
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Transcorp Hits N4.87tn Market Value, Promises Record Dividends to Shareholders
Transnational Corporation Plc has announced a historic combined market capitalisation of N4.87tn ($3.57bn) as of March 16, 2026, signaling its ...
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Transcorp Secures Breakthrough Deal to Recover Multi-Billion Naira Power Debts
Transnational Corporation Plc has announced a major breakthrough in resolving long-standing liquidity challenges within its power business, confirming strategic settlement ...
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FG Inaugurates Nigeria’s First Crude Oil Flow Meter Calibration Facility in Eket
The Federal Government has intensified efforts to strengthen accountability in the crude oil sector with the inauguration of Nigeria’s first ...
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Dangote Signs $400m Equipment Deal with XCMG to Boost Refinery Capacity to 1.4m bpd
The Dangote Group has signed a $400 million construction equipment agreement with XCMG Construction Machinery Co., Ltd. as part of ...
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NUPRC: Nigeria Produced 2.71tn scf of Gas in 2025, Exported 35%
Nigeria produced 2.71 trillion standard cubic feet (scf) of gas in 2025, exporting about 35 per cent of total output, ...
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Nigeria Misses OPEC Crude Oil Quota for Sixth Consecutive Month
Nigeria has failed to meet its 1.5 million barrels per day crude oil production quota approved by the Organization of ...
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