Energy

NUPRC: Host community trusts receive N97 billion, $149 million development fund across settlors

July 10, 2025

Nigeria’s oil rig count rises to 46 in July 2025 – NUPRC

July 9, 2025

Senate passes 2025 Electricity Act Amendment Bill for second reading to address sector collapse

July 9, 2025

Home Category Sectors Energy

Energy

Oil & Gas and Power Sector related news

Elevated direct costs restrain MOBIL earnings growth, 11 Plc (formerly Mobil Oil Plc) to delist from NSE, appoints new director

11Plc explains why Mobil filing station in Maryland was demolished

Mobile issued a press release explaining why its filing station was demolished.

Why Oando shareholders insist SEC must go on with forensic audit

OANDO explains why it has delayed the release of its Q3 unaudited financial statement

OANDO stated that its inability to file its Q3 2020 financials is as a result of the indefinite suspension of...

NCDMB launches LPG Composite Cylinder Manufacturing plant in Bayelsa, IOCs, Nigeria, Timipre Sylva, crude oil, Minister proposes 2020 timeline for rehabilitation of Warri, Kaduna refineries , FG to cut huge energy cost through gas commercialisation initiative, FG discloses plan to sell fuel at N97 per litre , FG give reasons why it won’t allow marketers determine petrol price despite deregulation, FG explains reasons for deregulating downstream oil sector

FG assures oil companies of lower taxes in new PIB

Timipre Sylva has disclosed that the much anticipated PIB will include provisions for lower taxes to sustain stable investments in...

petrol price, NNPC says increase in fuel pump price is inevitable, guide marketers on purchase

FG announce reduction in petrol pump price to N162.44 per litre

The FG has reduced the pump price of premium motor spirit, otherwise known as petrol, from N168 to N162.44 per...

ABC Orjiako, Access Bank's Mareva injunction against Seplat and Cardinal Drilling

The plot behind Access Bank’s Mareva injunction against Seplat and Cardinal Drilling

by Analysts Nairametrics

December 6, 2020

New details emerge as Access Bank, Seplat Petroleum squabble over Cardinal Drilling Services' loans.

FG set to create at least 5 million jobs for youths in the power sector – Minister of Power , Consortium of Western investors to inject upwards of $5 billion in Nigeria's renewable energy sector, Power: Nigeria's deal with Siemens - the birth of a new era?

FG to revive 3 power projects in Abia by first quarter 2021

by William Ukpe

December 6, 2020

3 major power projects in Abia State are set to be revived by the Federal Government by the first quarter...

FG says vehicle owners to pay N250,000 to convert from petrol to autogas

Autogas: Nigerians will not pay N250,000 for conversion, it is free – FG

by William Ukpe

December 5, 2020

The FG has clarified an earlier statement about Nigerians having to pay N250,000 to have their vehicles converted from diesel/fuel...

Engineer Sanusi Garba assumes office as Chairman of NERC

by Omokolade Ajayi

December 3, 2020

The new NERC boss has assumed office today in an investiture event witnessed by other Commissioners of the Commission.

Buhari moves against DISCOs that collect money for prepaid meters

December 3, 2020

President Buhari has warned that tough measures will be taken against DisCos or their agents selling prepaid meters to their...

TCN MD Abdulaziz, four other directors receive appointment letters