Oil and Gas
NNPCL to Begin Export of New Cawthorne Crude Grade in March
The Nigerian National Petroleum Company Limited says it will commence export of a new light, sweet crude grade known as...
South-South governors hail Tinubu’s oil revenue order, seek PIA review Oil Revenue
Yenagoa, Feb. 25, 2026 (NAN) The South-South Governors’ Forum (SSGF) has described President Bola Tinubu’s Executive Order on oil revenue...
Nigerian Oil Holds Above Budget Benchmark as Global Risks and Supply Pressures Collide
Nigerian crude oil last traded above $70 per barrel, remaining higher than the Federal Government’s 2026 budget benchmark of $64.85,...
NARTO Expands Fleet with CNG Buses, Cuts Transport Costs by 30% Nationwide
The Nigerian Association of Road Transport Owners (NARTO) has strengthened its transport capacity through a strategic partnership with the Presidential...
Oil Workers Fault Tinubu’s Executive Order on NNPCL, Warn of Job Losses; Academics Applaud Revenue Reform
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has called on President Bola Tinubu to withdraw and...
NNPCL Declares N60.5trn Revenue For 2025, Posts N5.7trn Profit
The Nigerian National Petroleum Company Limited (NNPC Ltd.) declared N60.5 trillion in revenue and N5.76 trillion Profit After Tax (PAT)...
Robust Local Content Vital For Industrial Growth – Expert
Mr Solomon Ewanehi, Group Chief Executive Officer (CEO) of Solewant Group, has urged African countries to anchor their energy strategies...
NLNG Seeks Stable Policies To Attract Energy Investment
Nigeria LNG Ltd. (NLNG) says rebuilding investor confidence through a stable, low-risk operating environment is essential to attract new capital,...
Downstream Deregulation, Forex Reforms Save Nigeria N6trn Fuel Import Losses – NMDPRA
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says the cumulative impact of full downstream deregulation and forex reforms...
FG Targets 10bn scf/d Gas Output by 2030 as Domestic Supply Hits Record High
The Federal Government has set a target of producing 10 billion standard cubic feet of gas per day (BSCFD) by...
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