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NCDMB to showcase Nigeria’s capacity-building drive at AEW 2026
Nigerian Content Development and Monitoring Board (NCDMB) has concluded plans to showcase its capacity-building drive, funding initiatives targeted at boosting indigenous participation and investor confidence at this year’s African Energy Week (AEW) 2026, slated for October, in Cape Town, South…
Petrol prices rise by 22.55% — NBS
National Bureau of Statistics (NBS) has disclosed in its Price Watch report for March 2026, that the average retail price of premium motor spirit (PMS) also known as petrol rose to N1,288.54, representing a 2.13 per cent year-on-year increase…
Senate confirms Umar as NMDPRA, as new boss assures on national energy security
Senate has confirmed Rabiu Umar as the new Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA). Umar was screened by the senate, last Tuesday, May 5 following his nomination for the post by President Bola Tinubu,…
Shell plc posts $6.9 bn Q1 profit, expands upstream growth with ARC deal
Ziggy Ojiegbe Shell plc delivered a strong set of first-quarter results for 2026, pointing at the resilience of its integrated energy portfolio despite what the company described as unprecedented disruption across global commodity markets. The energy giant reported adjusted earnings…
NLNG’s inaugural Creative Arts Prize receives 98 entries
Frank Okon The Nigeria LNG Limited (NLNG) has received 98 entries for the maiden edition of The Nigeria Prize for Creative Arts following the close of submissions on Thursday. The inaugural competition, which focuses on documentary filmmaking, is themed “Identity”…
Domestic refiners undersubscribe allocated Q1 crude oil feedstock
Ziggy Ojiegbe Refiners in Nigeria’s emerging downstream sector declined to purchase a significant portion of crude oil allocated to them in the first quarter of 2026, despite increased supply from producers, according to the Nigerian Upstream Petroleum Regulatory Commission (NUPRC)….
NNPC Limited declares N2.89 trn Q1 payment to Federation Account
Posts decreasing sales volumes during high price cycle Frank Okon The Nigerian National Petroleum Company (NNPC) Limited remitted N2.89 trillion into the federation account in the first quarter of 2026, underlining its continued role as the backbone of government revenue…
NUPRC: Nigeria’s energy policy goals align with decarbonization
Gas agenda to generate 3 GW of power, support fuel diversification Frank Okon Nigeria’s oil and gas industry may be entering a new phase of growth, as sweeping reforms, rising investor interest, and a stronger push toward energy transition begin…
Pipelines, Power, and Positioning: What Nigeria’s OB3 project reveals about Africa’s energy future
[Sola Adebawo] When a pipeline crosses a river, it is often described as an engineering milestone. In Nigeria, the completion of the River Niger crossing of the OB3 gas pipeline (executed roughly two kilometres beneath the riverbed using horizontal directional…
Ojulari finally finds operating partners for Nigeria’s refineries
Plans integrated refining and petrochemical hubs Ziggy Ojiegbe The Nigerian National Petroleum Company (NNPC) Limited has moved to clarify its strategy for reviving the country’s long-idle refining assets, announcing new arrangements aimed at rehabilitating and restarting key plants after months…
