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Domestic refining space crowded as NNPC yet to finalize IJVs
Board tinkers with new purpose for KRPC Sopuruchi Onwuka Nigerian National Petroleum Company (NNPC) Limited may be determined to reinvent some of the operated public sector refineries but it is evidently meticulous and detailed in evolving processes that transcend viable…
NCDMB, Edison finalize deal to boost Bayelsa tourism
Radisson brand anchors in Yenegoa Sopuruchi Onwuka Bayelsa State is poised for a significant boost in tourism, hospitality and business activities as plans progress for the commissioning of a Radisson-branded hotel developed by the Nigerian Content Development and Monitoring Board…
Shell puts $750m cost to Iran’s attack on Qatar’s Pearl GTL plant
Fred Ike Shell is facing an estimated $750 million hit to revenues following Iran’s attack on its Pearl gas-to-liquids facility in Qatar, adding to the wider disruption across the country’s energy sector. The Pearl GTL plant, located within Ras Laffan…
QatarEnergy, ExonMobil count over $28bn losses on Iran strikes
Sopuruchi Onwuka Estimated cost and income losses from Iran’s strikes on Qatar’s gas infrastructure have climbed to about $28.57 billion, as QatarEnergy and ExxonMobil assess the damage to key liquefied natural gas facilities. The attacks on 18 and 19 March…
NUPRC commissions investigation into Bille gas burbles
Sopuruchi Onwuka The Nigerian Upstream Petroleum Regulatory Commission has set up a technical committee to investigate the cause of gas seepage in Bille community in Rivers State, following reports of persistent gas bubbling in the coastal area. In a statement…
NSIA dairy deal to create 7,500 jobs, strengthen food supply
Sopuruchi Onwuka The Nigeria Sovereign Investment Authority (NSIA) has signed a Memorandum of Understanding (MoU) with UK‑based Asset Green Limited to develop an integrated dairy livestock production and processing platform in Nigeria. The partnership represents a major step toward transforming…
Oil crunch: Why price incentives cannot boost Nigeria’s output
Sopuruchi Onwuka Nigeria, Africa’s biggest oil producer and key member of OPEC, is often counted as a potential fallback supplier whenever global oil markets are shaken. But the prevailing supply crisis linked to tensions around Iran and the risk to…
NUPRC moves shortlisted bidders to data phase in 2025 licensing round
Sopuruchi Onwuka Data access centers have now been opened to pre-qualified bidders in Nigeria’s 2025 oil and gas licensing round, marking the transition into a more technical phase of the process. The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) confirmed that,…
MTN plans AI-enabled data centres in S. Africa, Nigeria
Frank Okon MTN Group is advancing plans to build AI-enabled data centres in South Africa and Nigeria, betting on rapid growth in Africa’s digital infrastructure needs. The announcement comes as part of MTN’s broader Ambition 2030 strategy, which reorganises the…
UN says renewables guarantee security amid global energy shocks
Ziggy Ojiegbe The conflict in the Middle East is driving up global oil and gas prices, underscoring the strategic value of renewable energy, the UN’s top climate change official warned on Monday. Speaking at the 2026 Green Growth Summit in…
