President Bola Ahmed Tinubu arrived in Abu Dhabi, United Arab Emirates (UAE), on Sunday ahead of his participation in the 2026 edition of Abu Dhabi Sustainability Week (ADSW), which begins on Monday. The President’s plane landed at the Presidential Wing of Zayed International Airport at exactly 11:30 pm local time. He was received READ MORE
Category: Energy
Dangote Refinery dismisses shutdown claims, claims 50 million litres PMS daily output
*Reaffirms N699 gantry price as marketers lift over 48 million litres on Sunday *Blasts fuel importers for spreading falsehoods and exploiting Nigerians Dangote Petroleum Refinery has categorically rejected a circulating report claiming the refinery is shutting down for maintenance, describing the story as false and misleading. In a statement released on Monday, READ MORE
Tinubu seeks Senate confirmation of his nominations for boards of NMDPRA, NUPRC
President Bola Ahmed Tinubu has written two letters to the Senate, seeking confirmation of 21 nominees for the boards of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) and the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). In the first letter, President Tinubu nominated Senator Magnus Abe to serve as the NUPRC board chair. READ MORE
Sahara Power Group charts ambitious course for 2026, backs power sector transformation
Kola Adesina, Group Managing Director, Sahara Power Group has said Nigeria’s power sector remains at the heart of the nation’s economic and industrial growth with prospects of renewed reform-inspired investment, technological innovation and multi-stakeholder collaboration. Adesina, who was speaking on the “State of the Power sector and Opportunities Ahead”, emphasized that from a legacy READ MORE
Seplat Completes Transition of Onshore Assets to PIA Fiscal Regime
Seplat Energy Plc, a Nigerian independent energy company, has announced that its subsidiaries have successfully completed the conversion of their operated onshore assets to the Petroleum Industry Act (PIA) fiscal regime. In a corporate disclosure filed with the Nigerian Exchange Ltd. on Tuesday, the company said Seplat West Ltd. and Seplat East Onshore Ltd. READ MORE
Sanwo-Olu appoints Temitope George as CEO Lagos State Electricity Regulatory Commission
The Governor of Lagos State, Mr Babajide Sanwo-Olu, has appointed Mrs Temitope George, the Lead Partner/Energy, Infrastructure and Policy Counsel at Adegbola-George & Co as the Chief Executive Officer of the Lagos State Electricity Regulatory Commission. According to a memo issued and signed by the Lagos State Head of Service, Mr Bode Agoro, on READ MORE
Dangote Refinery commences fuel sales in MRS Oil stations at ₦739/litre
*Warns against artificial scarcity, urges Nigerians to report MRS’s non-compliant stations Dangote Petroleum Refinery has commenced nationwide sales of Premium Motor Spirit (PMS) at a pump price of ₦739 per litre across all MRS Oil Nigeria Plc filling stations. This move represents a significant milestone in the refinery’s mission to deliver affordable fuel to READ MORE
TCN Advances $1.16bn Donor Projects, Records 5,801.84MW Peak in 2025
The Transmission Company of Nigeria (TCN) has recorded a historic transmission peak of 5,801.84 megawatts (MW) on March 4, marking the highest level of electricity ever delivered on the national grid. The Managing Director of TCN, Mr. Sule Ahmed Abdulaziz, disclosed this in his end-of-year message to staff, partners and stakeholders, describing 2025 as READ MORE
Sahara Group Foundation launches community-led development with SCIP
Sahara Group Foundation has launched the Sahara Community Impact Project (SCIP) to empower and transform communities through collective action and entrepreneurship. Chidilim Menakaya, Director, Sahara Group Foundation said at a press forum on Wednesday that the concept was inspired by the proverb, “If you want to go far, go together”. “Through SCIP, we READ MORE
Team Integrity tops medals table at 14th NNPC Sports Fiesta
*As Ojulari charges staff to make company proud at Oil Industry Games The 14th NNPC Ltd. Sports Fiesta came to a thrilling end on Saturday at the Moshood Abiola National Stadium, Abuja, with the Company’s Team Integrity topping the final medals table to win the overall best team of the week-long tournament. Team READ MORE
Nigeria Launches 2025 Licensing Round, Targets $10bn Investment Boost
Nigeria has opened its 2025 oil and gas licensing round, unveiling 50 blocks as the government moves to ramp up upstream investment, expand exploration, and reinforce transparency in the sector. Announcing the round in Abuja, Nigerian Upstream Petroleum Regulatory Commission (NUPRC) Chief Executive Gbenga Komolafe said the new bid cycle — accessible via br2025.nuprc.gov.ng READ MORE
Shell and Equinor complete formation of Adura, to be the UK’s largest independent North Sea producer
Shell U.K. Limited, a subsidiary of Shell plc and Equinor UK Limited, a subsidiary of Equinor ASA have completed a deal to combine their UK offshore oil and gas operations to form a new company. Adura, which launched today, will be the largest independent producer in the UK North Sea. Neil McCulloch, who will READ MORE
Ondo Launches Instalment-Based Prepaid Metering Scheme, Deploys 50,000 Units
The Ondo State Government has introduced a new instalment-based prepaid metering scheme designed to expand access to electricity meters and eliminate estimated billing across the state. Announcing the initiative in Akure, the Commissioner for Energy and Mineral Resources, Johnson Alabi, said the scheme—implemented through the Ondo State Power Company—allows residents to obtain prepaid meters READ MORE
NNPC Foundation named Most Responsible Organisation in Africa
*Wins four other sustainability awards at SERAS The Nigerian National Petroleum Company Limited (NNPC Ltd), through its corporate social responsibility arm, NNPC Foundation Limited/Gte, has been named the Overall Winner/Most Responsible Organisation in Africa by SERAS Africa Sustainability Awards at the 19th edition of the Awards which held in Lagos. NNPC Foundation received READ MORE
Sahara Group deepens reforestation drive with Gelegele Forest Reserve partnership under adopt-a-forest initiative
Sahara Group has expanded its environmental sustainability agenda through a strategic partnership between its flagship Adopt-A-Forest Initiative and the Gelegele Forest Reserve in Edo State, Nigeria. The collaboration, which kicks off with the planting of 20,000 tree seedlings, is aimed at regenerating degraded areas of the reserve and reinforcing Sahara’s long-term commitment to nature-based climate READ MORE