Energy
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NUPRC Warns Flare Gas Site Awardees Against Inaction, Threatens Permit Revocation
Operators awarded gas flare sites under Nigeria’s flare commercialization programme risk losing their permits if they fail to show meaningful…
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Dangote Simplifies Refinery IPO Process, Says Any Nigerian With BVN Can Become Co-owner
Any Nigerian holding a Bank Verification Number will be able to buy into the Dangote Petroleum Refinery when its Initial…
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Dangote Refinery Unveils ₦2.2Trn IPO, Targets 10 Million Investors
The Dangote Petroleum Refinery and Petrochemicals (DPRP) has announced plans for a landmark Initial Public Offering (IPO) valued at approximately…
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NNPC Denies Ownership Of Truck Intercepted By NDLEA With 2,145kg Of Cannabis
The Nigerian National Petroleum Company Limited (NNPC Ltd.) has clarified that a truck intercepted by the National Drug Law Enforcement…
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Nigeria Targets Annual Bid Rounds To Revive Oil Output -NUPRC Boss
Nigeria plans to hold oil licensing rounds at least once a year, and possibly twice annually, as part of a…
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WAEP Targets Major Output Boost As Gas Plans Advance
West Africa Exploration and Production Company (WAEP), a Nigerian independent producer, says it plans to substantially raise output and complete…
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FEATURE: Fuel Subsidy Removal And The Unending Debate In Nigeria
More than three years after President Bola Tinubu declared that “fuel subsidy is gone” during his inauguration speech, the policy…
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Ekpo Defends Petrol Subsidy Removal, Hails Shettima At 60
Minister of State for Petroleum Resources (Gas), Rt. Hon. Ekperikpe Ekpo, says the Federal Government’s push to expand Compressed Natural…
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NNPC’s PAT Drops To N279Bn In July As Production Slips
Nigeria’s state oil company recorded a sharp decline in profitability in July, even as it posted strong gains in statutory…
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Encomiums As Dangote Refinery Marks Petroleum Production Milestone
Nigerians are crediting the Dangote Petroleum Refinery with ending one of the country’s most familiar frustrations: the long fuel queue.…
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