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Sahara Group deepens sustainable waste management, commissions recycling hubs in Ojodu
Fred Asawe The social impact vehicle of Sahara Group, Sahara Group Foundation, weekend commissioned its 18th and 19th Sahara Go Recycling Hubs in Lagos State. According to the company, the new hubs livered in Ojodu Local Council Development Area (LCDA),…
Africa Forward 2026 and the reordering of global power
[Sola Adebawo] When European leaders scrambled to rethink energy security after the Russia-Ukraine war, one reality became impossible to ignore: the global order many nations assumed was stable is no longer stable at all. The disruption of Russian gas supplies…
OTC 2026 draws 25,000 as offshore energy industry charts innovation
The 2026 Offshore Technology Conference (OTC) concluded in Houston after four days of high-level discussions, technical exchange, and international engagement that brought together nearly 25,000 participants from more than 100 countries. Held under the theme Steering Offshore Energy Innovation into…
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…
