Energy
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2243 die in Rivers State’s ‘illegal fuel siphoning’ operation
BY BONNY AMADI No fewer than 43 people have died after inhaling toxic fumes during an “illegal fuel siphoning operation” in Okrika...
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26NNPC’s profit crashes to N279bn, as Crude Sales, Gas Trade, Dip 20%, 7%
BY BONNY AMADI The Nigerian National Petroleum Company (NNPC) Limited says its profit after tax (PAT) dropped by 47.9 per cent to...
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61Tinubu approves framework to unlock $50bn deep offshore investment
President Bola Tinubu has approved a reform that replaces project-by-project negotiations with a transparent investment framework designed to unlock up to $50...
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70$4.5bn NNPC’s Oil-Backed Loan: NEC Approves Refinancing
BY BONNY AMADI The Nigerian, National Economic Council (NEC) has approved the refinancing of the $3.3 billion Project Gazelle pre-export finance facility...
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82Nigeria’s $2bn Renewable Energy Investment Yields Only 76,000 Jobs
…. As, REA Flags Local Capacity Gap Dr. Abba Aliyu, Managing Director of the Rural Electrification Agency (REA), has disclosed that Nigeria’s...
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95Seplat, Aradel, Oando, others to Bring Upstream Know-How to AEW in Cape Town
Nigeria’s largest indigenous oil and gas operators have joined the African Energy Week (AEW) Conference and Exhibition, taking place in Cape Town...
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101Oando Generates N204bn Profit, Uplift Across Production, Trading Volumes in FY2025
Oando PLC Africa’s leading indigenous energy solutions provider, listed on the Nigerian Exchange Ltd. (NGX) and Johannesburg Stock Exchange (JSE), announced its...
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82Renaissance Makes Offshore Oil Discovery at Oil Mining Lease (OML) 74
Strengthening Nigeria’s Production Growth Strategy Nigerian integrated energy company Renaissance Africa Energy (Renaissance) has announced a new oil discovery at the JK-004...
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100UTM Offshore, Seplat Energy, NNPC Sign Gas Supply Agreement
for Nigeria’s First Indigenous FLNG Project UTM Offshore has signed a Gas Sales Agreement (GSA) with oil and gas company Seplat Energy...
