Energy

NNPC Records ₦3.09 Trillion Revenue, ₦279 Billion Profit in July 2026

NNPC Limited generated ₦3,087 billion in revenue and posted a profit after tax of ₦279 billion in July 2026, according to its latest monthly...
Akeem Adebayo -
Energy

Nigeria’s Oil Refining Sector Surges 43.94% in Q2 as Dangote Refinery Ramps Up

Nigeria’s oil refining sector recorded its strongest quarterly growth on record, expanding by 43.94 per cent year-on-year in the second quarter of 2026, driven...
Ola Adebayo -
Energy

NUPRC Clarifies $300 Helicopter Levy for Offshore Oil Operations

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has clarified the application of the US$300 helicopter levy for air navigational services, confirming that the charge...
Akeem Adebayo -
Energy

Three Years On, Auto Dealers Still Shun Factory CNG Cars Despite FG Push

Three years after the Federal Government launched its Compressed Natural Gas (CNG) initiative to cushion the impact of petrol subsidy removal, many auto dealers...
Roland Edet -
Energy

NUPRC Registers 172 Host Community Trusts Under Petroleum Industry Act

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has confirmed that 172 Host Communities Development Trusts (HCDTs) have been incorporated by oil and gas companies,...
Akeem Adebayo -
Energy

NUPRC Says Delayed Abuja Headquarters Is Hurting Nigeria’s Investment Image

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has called for the speedy completion of its proposed headquarters in Abuja, saying the prolonged delay is...
Akeem Adebayo -
Energy

TCN Rejects Kaduna Electric’s Claim of Transmission Problem in Jos

The Transmission Company of Nigeria (TCN) has rejected a claim by Kaduna Electric that transmission constraints were affecting electricity supply to Jos and surrounding...
Akeem Adebayo -
Energy

PENGASSAN, NUPRC Unite to Push Nigeria’s Oil Output to 3m bpd by 2030

ABUJA — The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has pledged to work with the Nigerian Upstream Petroleum Regulatory Commission...
Akeem Adebayo -
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