There are concerns that Nigeria may lose about 6.75 million barrels of crude oil in February as Shell Nigeria Exploration and Production Company (SNEPCo) embarks on turnaround maintenance on the Bonga Floating Production Storage and Offloading (FPSO) vessel. In a statement released on Sunday, February 1, Shell said it has commenced turnaround maintenance on the vessel …
While the world moves toward green energy in line with the energy Transition agenda, oil and gas resources remain vital to Africa’s development, says Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Mrs. Oritsemeyiwa Eyesan. Mrs Eyesan highlighted the strategic role of hydrocarbons in Africa’s future, while pursuing just energy agenda. The NUPRC …
In a significant move to boost its capacity expansion drive, Dangote Industries Limited and the Nigerian National Petroleum Company (NNPC) Limited have signed new Gas Sales and Purchase Agreements (GSPA). The deals, finalized over the weekend at the unveiling of the NNPC Gas Master Plan (NGMP) 2026 in Abuja, are designed to scale up gas …
The push for a decentralized power system in Nigeria has intensified in recent times as the collapse of the national grid persists, becoming a major crisis for the country’s electricity sector. Multiple collapses in recent times have plunged different parts of the country into prolonged outages, disrupting homes, businesses, hospitals, and industries, with the attendant …
The Nigerian National Petroleum Company (NNPC) Limited has launched its Gas Master Plan (GMP) 2026, aimed at accelerating gas production and attracting billions of dollars in new investments across the oil and gas value chain. The gas master plan, tagged NGMP 2026, was formally unveiled on Friday, January 30, at the NNPC Towers in Abuja. …
The Nigerian Independent System Operator (NISO) has commended the Nigerian National Petroleum Company (NNPC) Limited for its progress on the 350MW Abuja Independent Power Plant (IPP) and the accompanying SCADA (Supervisory Control and Data Acquisition) projects. NISO said it is a vital step toward achieving the national target of 8,500MW grid generation capacity by the …
In a move towards promoting inclusive air travel, the Nigeria Civil Aviation Authority (NCAA) has issued a seven-day ultimatum to all domestic airlines to integrate a mandatory “Special Needs/Assistance” option into their flight ticket booking systems. The directive aims to ensure that Persons with Reduced Mobility (PRM) and passengers with disabilities can request necessary support …
Geregu Power Plc has appointed Mr Sean Manley as its Interim Chief Executive Officer, effective February 2, 2026. In a notice to the Nigerian Exchange Limited (NGX) and the investing public, the Board of Geregu Power Plc said the appointment is subject to the approval of the Nigerian Electricity Regulatory Commission (NERC) and the shareholders …
Dangote Petroleum Refinery has reaffirmed its capacity to supply massive volumes of petroleum products, including Premium Motor Spirit (PMS), also known as petrol, Automotive Gas Oil (diesel) and aviation fuel, effectively positioning itself to meet and exceed Nigeria’s total domestic demand. In an update shared on Thursday, January 29, the 650,000-barrel-per-day refinery said it can …
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has reassured its commitment to transparency and adoption of merit-based procedures for the emergence of winners of oil and gas blocks in the ongoing 2025 licensing bid round. This was part of the message from the Commission during the 2025 Licensing Round Pre-Bid Webinar held on Wednesday, January …
