President Bola Ahmed Tinubu has signed an Executive Order directing the immediate remittance of key oil and gas revenues to
The Nigerian Content Development and Monitoring Board (NCDMB) has reminded operators, contractors, and service companies in the upstream sector that
Energy major Eni announced two major hydrocarbon discoveries in February 2026. In the Ivory Coast, the company successfully drilled the
Dangote Group has signed a $400 million construction equipment deal with XCMG Construction Machinery, a move set to accelerate its
The Nigerian National Petroleum Company Limited (NNPCL) has announced that its joint venture partner, Seplat Energy Plc, will shut down
African Energy Chamber (AEC) has condemned a Federal High Court ruling against the Ministry of Petroleum Resources in favour of
Dangote Petroleum Refinery has announced a ₦25 reduction in the gantry price of Premium Motor Spirit (PMS), lowering its ex-depot
Shell Plc has appointed PricewaterhouseCoopers (PwC) as its new external auditor to take over from Ernst & Young (EY) beginning
Eko Electricity Distribution Company (EKEDC) has announced a “Free Meter February” initiative aimed at providing electricity meters at no cost
Transcorp Power Plc has proposed a ₦5.50 per share dividend for 2025 after recording a 30% year-on-year increase in revenue
The Eko Electricity Distribution Company (Eko Disco) has announced that a drop in electricity generation on Nigeria’s national grid—caused by
Eko Electricity Distribution Company (EKEDC) has secured a 72-megawatt (MW) power supply agreement, marking a significant milestone in its efforts
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