Energy

NNPCL Issues Clarification on its Naira Crude Contract with Dangote Refinery

NNPCL Issues Clarification on its Naira Crude Contract with Dangote Refinery

The Nigerian National Petroleum Company Limited (NNPCL) has clarified the state of its crude contract with the Dangote Refinery following… Read More

1 month ago

NNPC Suspends Naira-for-Crude Deal: Implications for Local Refineries and the Naira’s stability

The Nigerian National Petroleum Company (NNPC) Limited has terminated its naira-for-crude oil swap arrangement with domestic refineries, a decision that… Read More

1 month ago

Eko Disco Attributes Lagos Power Shortage to Transmission Faults

Eko Electricity Distribution Company (EKEDC), commonly known as Eko Disco, has explained that the ongoing load shedding across Lagos is… Read More

1 month ago

Transcorp Posts ₦94.1bn Profit in 2024 as Power, Hospitality Drive Growth

Transnational Corporation Plc (Transcorp), Nigeria’s leading conglomerate with interests in power, hospitality, and energy, delivered a stellar financial performance in… Read More

1 month ago

National Grid Collapses Again as IKEDC Cites ‘System Outage’ for Blackout

Today, Nigeria has yet again faced another wave of darkness as several regions report power outage, with speculation mounting that… Read More

2 months ago

Seplat strengthens stakeholder engagement as part of governance overhaul

Seplat Energy, the dual-listed Nigerian oil and gas producer, has introduced structured engagement channels to ensure that shareholders, regulators, employees,… Read More

2 months ago

Explainer: Understanding Unitisation in Ghana’s Oil and Gas Sector – Lessons from the ENI-Springfield Case

On 26th February 2025, Ghana’s Ministry of Energy formally withdrew the Unitisation Directives that previously ordered the compulsory integration (unitisation)… Read More

2 months ago

New NERC Directive: Offenders to Pay ₦5 Million for Illegal Meter Bypass

The Nigerian Electricity Regulatory Commission (NERC) has intensified efforts to combat meter tampering and energy theft, citing their significant impact… Read More

2 months ago

Adeyemi-Bero : Nigeria Should Be Producing Up to 4 Million Barrels of Oil Per Day

In a recent address at the Heirs Energies Leadership Forum 2025 in Abuja, Adewale Adeyemi-Bero, Chairman of the Organisation of… Read More

2 months ago

The Lunch Hour: Kola Karim – Nigeria Should Be Producing 4–5 million Barrels of Oil Per Day

"We saw an opportunity to deepen our participation in oil and gas, and we took it." Kola Karim is the… Read More

2 months ago