Energy

338 Articles
Energy

Witness Tells Court NCDMB Complained About Failure to Hold Board Meetings

BY SUNDAY SAMUEL—The trial of Akindele Akintoye resumed on Monday, before Ekerete Akpan of the Federal High Court in Abuja, with the fourth...

Energy

FG Resolves long-running oil Dispute, says move will boost Nigeria’s economy

The Federal Government has announced the resolution of the longstanding dispute over Oil Prospecting Licence (OPL) 245, describing the breakthrough as a major...

Energy

Nigeria, ENI Reach Landmark Deal to Resolve 15-Year OPL 245 Dispute

BY NKECHI NAECHE-ESEZOBOR—President Bola Tinubu announced today the successful conclusion of a historic settlement agreement between the Federal Government of Nigeria, ENI, and...

Energy

Stable Rules, Incentives Key to Harnessing Nigeria’s Gas for Industry – Shell MD

Nigeria can harness her gas resources for industrialisation if it achieves stable regulatory enforcement, fair pricing and infrastructure ownership models in the sector,...

Energy

Seplat Energy Revenue Jumps 144% to $2.7bn on Offshore Boost, Dividend Up by 52% in 2025

Seplat Energy PLC has reported a 144 per cent surge in revenue to $2.7 billion for the year ended December 31, 2025, driven...

Energy

Fuel Imports Set to End as Dangote Refinery Ramps Up Local Supply

Nigeria’s decades-long dependence on imported petrol is set to wind down as the Dangote Petroleum Refinery & Petrochemicals scales up production to meet...

Energy

FG Approves ₦2.8 Trillion Subsidy Debt to Power Generation Companies

President Bola Ahmed Tinubu has approved ₦2.8 trillion as the Federal Government’s verified electricity subsidy debt owed to power generation companies (GenCos), following...

Energy

NNPC Grows Profit to ₦5.76trn, Records ₦60.5trn Revenue

The Nigerian National Petroleum Company Limited (NNPC Ltd.) has announced 6.67% growth  in Profit After Tax (PAT) in the 2025 financial year to...