Energy

Ojulari sacks over 200 NNPC officials

The Group Chief Executive Officer of the Nigerian National Petroleum Company (NNPC) Limited, Bayo Ojulari, has terminated the appointment of…

1 year ago

Oil price drops to $63.62/barrel, sets for biggest monthly fall in 3 years

Oil prices extended declines on Wednesday, April 30, 2025, and were set for their largest monthly drop in almost three…

1 year ago

Seplat generates N1.228trn revenue, profit hits N535.4bn in Q1 2025

Seplat Energy Plc has announced that its revenue increased to N1.228 trillion in the first quarter of 2025. Seplat, on…

1 year ago

NUPRC: We didn’t collect bribe during 2024 oil licensing bid round

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has denied any underhand dealings in the allocation of oil blocks during the…

1 year ago

NNPC slashes petrol price to N880/litre in Lagos, N935/litre in Abuja

The Nigerian National Petroleum Company (NNPC) Limited has reduced the pump price of Premium Motor Spirit (PMS), otherwise known as…

1 year ago

Minister: Power sector generated N1.7trn revenue in two years

The Minister of Power, Adebayo Adelabu, has disclosed that the sector generated N1.7 trillion revenue between 2023 and 2024. The…

1 year ago

NSCDC uncovers 5 illegal crude oil dumps, nabs 7 suspects in Abuja

The operatives of the Nigeria Security and Civil Defence Corps (NSCDC) have uncovered five illegal crude oil dumps in the…

1 year ago

Again, Dangote refinery reduces petrol price to N835/litre

Dangote refinery has reduced the ex-depot price of Premium Motor Spirit (PMS), fondly called petrol, to N835 per litre. Dangote…

1 year ago

NMDPRA: Nigeria’s petrol importation reduced by 29.9m litres in 8 months

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says the country has significantly reduced its importation of Premium Motor…

1 year ago

Blackout looms as GenCos threaten shutdown over 4trn debt

The Power Generation Companies (GenCos) have appealed to the Federal Government and stakeholders in the power sector to settle over…

1 year ago

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