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Nigeria-Morocco gas pipeline to strengthen AfCFTA, expanding economic integration
Frank Okon Nigeria and Morocco’s renewed push to advance the proposed $26 billion African Atlantic Gas Pipeline is increasingly being viewed by analysts as more than just an energy infrastructure project. Beyond gas exports, the initiative is emerging as a…
NNPCL, NUPRC remit over N322bn, $116.9m To Federation Account in two months
Nigerian National Petroleum Company Limited (NNPCL) and the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) remitted more than N322 billion and $116.9 million into the Federation Account within two months following the implementation of Executive Order 9. According to documents presented…
Indigenous service providers project $7bn capital to raise Nigeria’s oil, gas output by 50%
Victor Nze Indigenous oil and gas service companies in the country, the Petroleum Technology Association of Nigeria (PETAN), has projected that the sector will need about $7 billion in capital expenditure on equipment over the next four years to help…
Global market has lost 880mb of oil ‘forever,’ says Saudi Aramco
Saudi Aramco has issued one of the starkest warnings yet about the state of the global energy market, declaring that nearly 880 million barrels of liquid hydrocarbons have effectively vanished from global supply chains as the Strait of Hormuz crisis…
Lagos clears 14 firms to operate off-grid, metering electricity services
Lagos State Electricity Regulatory Commission (LASERC) has issued licenses and to a total of 14 companies to operate off-grid and embedded generation, independent distribution, metering, and interconnected mini-grid electricity services. According to LASERC, the licenses and permits which…
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…
