Oil & Gas
Tinubu Seeks Senate Approval for New Petroleum Regulators After Exit of Agency Chiefs
President Bola Ahmed Tinubu has nominated new chief executives for Nigeria’s petroleum regulatory agencies and transmitted their names to the Senate for confirmation, following the resignation of the heads of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA). In a letter…
Read More »NNPC Calls for Global Partnerships, Increased Investment to Tackle Africa’s Energy Poverty
The Nigerian National Petroleum Company (NNPC) Limited has urged international energy players and financial institutions to deepen partnerships and expand investment across Africa in order to address the continent’s growing energy poverty and accelerate economic development. Group Chief Executive Officer of NNPC Ltd., Engr. Bashir Bayo Ojulari, made the call…
Read More »NNPC Appoints Odeh, Adewunmi to Strengthen Corporate Communications and Stakeholder Relations
The Nigerian National Petroleum Company (NNPC) Limited has announced the appointment of two seasoned executives, Mr. Andy Odeh and Mrs. Morenike Adewunmi, to key leadership positions aimed at bolstering its communications and stakeholder engagement. Mr. Odeh assumes the role of Chief Corporate Communications Officer, while Mrs. Adewunmi takes on the…
Read More »NNPCL records 14.14% profit decline to N905b in June 2025
The Nigerian National Petroleum Company Limited (NNPC Ltd.) has posted a Profit After Tax (PAT) of N905 billion for June 2025, a decline of 14.14% from the N1.054 trillion reported in May. According to its Monthly Report Summary for June, it remitted N6.96 trillion to the Federation Account within the…
Read More »Nigerians to save N1.7trn from Dangote’s N720bn CNG drive, lift 42m MSMEs …Presidency, IPMAN, experts hail move
Dangote Petroleum Refinery has invested over N720 billion to implement its landmark initiative of deploying 4,000 Compressed Natural Gas (CNG)-powered trucks for the nationwide distribution of petroleum products, which is expected to save Nigerians over N1.7 trillion annually. This bold step will see the privately-owned refinery absorb over N1.07…
Read More »NUPRC announces significant progress in attracting investments in oil, gas sector
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced significant progress in attracting investments in Nigeria’s upstream oil and gas sector, as showcased at the recent Nigeria-China Sustainable Bilateral Business, Trade, and Investment Summit. This landmark event which was held in Lagos, brought together top government officials, investors, business…
Read More »Nigeria’s Green Energy exports first crude from Otakikpo onshore terminal
Nigerian energy company Green Energy International (GEIL) has completed the development of the Otakikpo onshore terminal, situated in OML 11 near Port Harcourt. In June 2025, the company lifted its first crude cargo from the newly-constructed facility – the first indigenous onshore terminal constructed in the country in five decades…
Read More »AEC launches specialized advisory services to support African energy investments
The African Energy Chamber (AEC) – representing the voice of the African energy sector – has launched specialized Advisory Services to support the development of the African energy sector. Aligned with the organizations broader mandate to improve the landscape of the African energy sector and support a results-focused business environment…
Read More »Seplat Energy is Redefining Nigeria’s Energy Destiny – Roger Brown, CEO
From landmark acquisitions to digital innovation and ESG leadership, Seplat Energy is transforming Nigeria’s energy landscape and setting new standards for Africa’s indigenous operators, the Company’s Chief Executive Officer, Roger Brown, told Forbes Africa/Penresa team in an interview. Following its landmark acquisition of Mobil Producing Nigeria Unlimited (MPNU) assets, Seplat…
Read More »NLNG boss makes case for gas to replace dirtier fuels to drive energy transition in Africa
The Managing Director and Chief Executive Officer of NLNG, Philia Mshelbila, on Wednesday, called for deliberate efforts for the displacement of dirtier fuels, like biomass, by natural gas to drive energy transition in Africa. Mshelbila made the call during a panel session titled “Diversity of Gas Development Globally” at the…
Read More »
