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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…
Seplat $840.7m Q1 revenue, strong dividend and sturdy cash flow
Ziggy Ojiegbe Seplat Energy has reported a solid financial and operational performance for the first quarter of 2026, posting higher revenue, profit growth and a significant increase in shareholder returns, despite operational challenges during the period. The dual-listed energy firm,…
Labour, CSOs push for urgent oil sector overhaul as energy cost bites deep
Ziggy Ojiegbe Civil society organisations and labour unions have urged the Federal Government to urgently restructure Nigeria’s downstream oil sector, warning that rising energy costs are worsening hardship and undermining economic productivity. The call was made at the end of…
Dangote Refinery recalls redeployed engineers
Frank Okon Dangote Petroleum Refinery has approved the recall of engineers previously redeployed across its business units, following what management described as a conditional pardon after internal disciplinary actions linked to operational disruptions. In internal communication to staff, the company…
OPEC losing grip on oil market as members exit and rivals rise
Ziggy Ojiegbe The steady thinning of membership within the Organization of the Petroleum Exporting Countries is raising a harder question for global energy markets: how much longer can a smaller, less cohesive bloc act as an effective regulator of oil…
Nigeria firms get $83m IFC-Norfund funding for off-grid power development
500,000 households to be connected, 2.9m people to be served Ziggy Ojiegbe A new financing push led by the International Finance Corporation and Norway’s Norfund is set to expand electricity access to millions of Nigerians living beyond the reach of…
Former Dangote employee to regulate midstream, downstream petroleum operations
Ziggy Ojiegbe President Bola Ahmed Tinubu on Wednesday sacked the newly appointed Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Mr Saidu Mohammed; replacing him with a former employee of Dangote Group, Mr Rabiu Abdullahi Umar….
UAE walks away from OPEC+ amid supply turmoil, price surge
Ziggy Ojiegbe The United Arab Emirates will leave the Organization of the Petroleum Exporting Countries and its allied group OPEC+ effective May 1, marking one of the most consequential breaks in the alliance’s recent history and raising fresh questions about…
