Crude oil losses in Nigeria's upstream sector have dropped to 9,600 barrels per day in July 2025, the NUPRC data has revealed....
NNPC Retail Limited has posted a staggering loss of ₦395.5 billion for 2024, a dramatic turnaround from the ₦20.18 billion...
Oilserv Nigeria Limited, one of Africa’s leading oil and gas servicing companies, has called on International Oil Companies (IOCs) operating...
Nigerians have been thrown into darkness on Wednesday after electricity supply from the national grid dropped significantly, leaving Distribution Companies...
Nigeria’s major crude oil grades, Brass River and Qua Iboe, dropped below the $68-mark on Monday, trading at $68.56 and...
United Capital Infrastructure Fund (UCIF) has signed a N5 billion ($3.2 million) revolving, local currency debt facility with Husk Power...
The nationwide strike by the National Union of Petroleum and Natural Gas Workers (NUPENG) will continue on Tuesday after negotiations...
Nigeria’s fledgling refining industry has urged lawmakers to impose a sweeping 25 percent tariff on imported petrol, warning that without...
The Trade Union Congress of Nigeria (TUC) has rejected the federal government’s proposed 5 per cent tax on petroleum products,...
The Federal Government is currently in a crucial meeting with the leadership of the National Union of Petroleum and Natural...
Egbin Power Plc, Nigeria’s largest power generation company, has reaffirmed its unwavering commitment to education and sustainable community development as...
Africa is on the cusp of becoming the world’s next growth engine. The World Bank projects that by 2075, one...
The Schneider Electric Foundation has donated specialised training equipment to three Lagos technical colleges, in a move aimed at strengthening...
Nigerian independent energy firm FIRST Exploration and Petroleum Development Company Limited (FIRST E&P) has unveiled an ambitious plan to ramp...
Russia and China’s landmark agreement to build the long-delayed Power of Siberia 2 gas pipeline is resonating well beyond Eurasia,...