Energy

Power Grid: TCN Battles Fresh Vandalism, Repairs Four Towers in Rivers

The Transmission Company of Nigeria (TCN) has commenced the rehabilitation of four transmission towers vandalised along the Afam-IPP-Elelenwo 132kV Double-Circuit Transmission Line in Rivers...

Akeem Adebayo - September 21, 2026

Energy

Pertamina eyes Nigeria oil assets as NUPRC opens talks on 2026 licensing round

Nigeria is seeking to deepen petroleum investment ties with Indonesia as Indonesian state-owned oil company Pertamina signals interest in opportunities under the country’s 2026...

Akeem Adebayo - September 20, 2026

Energy

NUPRC Enforces Drill-or-Drop Rule, Gives Oil Licence Holders Oct 31 Deadline

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has moved to enforce the “drill-or-drop” provisions of the Petroleum Industry Act 2021 against holders of non-performing...

Akeem Adebayo - September 19, 2026

Energy

Dangote: N100,000 Refinery Investment Can Make You A Millionaire

President of Dangote Industries Limited, Aliko Dangote, has said Nigerians who invest N100,000 in shares of Dangote Petroleum Refinery and Petrochemicals could potentially become...

Ola Adebayo - September 15, 2026

Energy

Why Petrol Is Still Expensive In Nigeria — Dangote

President of Dangote Industries Limited, Aliko Dangote, has blamed the continued high cost of petrol in Nigeria partly on the smuggling of the product...

Ola Adebayo - September 15, 2026

Energy

Nigeria Meets OPEC Quota as August Oil Output Rises to 1.5m bpd

Nigeria’s crude oil production rose by 0.4 per cent in August 2026 to an average of 1,500,190 barrels per day, allowing the country to...

Akeem Adebayo - September 13, 2026

Energy

NUPRC Warns: Idle Gas Flare Site Awards Face Revocation

Awardees of gas flare sites risk losing their permits if they fail to utilise them, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has warned...

Akeem Adebayo - September 9, 2026

Energy

Nigeria’s Oil Regulator Accelerates Auctions and Tightens Rules to Reverse Output Decline

Nigeria’s upstream regulator is accelerating the pace of oil licensing rounds and introducing stricter “drill-or-drop” conditions in an attempt to reverse more than a...

Akeem Adebayo - September 7, 2026

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