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Oil & Gas

Oil & Gas

Tinubu resolves OPL 245 dispute with ENI, unlocks deepwater investment

President Bola Tinubu on Thursday, March 5, 2026, announced the successful conclusion of a settlement agreement between the Federal Government, Eni and Nigerian Agip...
Michael Simire -
Oil & Gas

Gas supply constraints continue to lower electricity generation – NISO

The Nigerian Independent System Operator (NISO) says the continued decline in electricity generation on the national grid is due to persistent gas supply constraints...
Michael Simire -
Oil & Gas

US-Iran war: Dangote Refinery reaffirms commitment to national energy stability

Dangote Petroleum Refinery & Petrochemicals has reassured Nigerians of its unwavering commitment to serving as a stabilising force amid recent shocks in the international...
Michael Simire -
Oil & Gas

Diesel passes €2 per litre in Germany due to war in Iran

The price of diesel in Germany has climbed to more than €2 ($2.32) per litre as a result of the war in Iran, the...
Michael Simire -
Oil & Gas

How Nigeria can achieve gas-led industrialisation – Shell

Nigeria can harness her gas resources for industrialisation if it achieves stable regulatory enforcement, fair pricing and infrastructure ownership models in the sector, Managing...
Michael Simire -
Oil & Gas

Petroleum engineers seek intelligent operations to boost oil output

Chairman of the Society of Petroleum Engineers Nigeria Council, Mr. Francis Nwaochei, has called for resilience, strategic coordination and disciplined execution to reposition Nigeria...
Michael Simire -
Oil & Gas

Governors back direct remittance of oil, gas revenues to federation account

The Nigeria Governors’ Forum (NGF) has expressed its support for the recent federal reforms mandating that all Oil and Gas revenue entitlements be remitted...
Michael Simire -
Oil & Gas

NCDMB charges operators on compliance and new policies, builds capacity in health sector

The Nigerian Content Development and Monitoring Board (NCDMB) has enjoined operators in the midstream segment of the oil and gas industry to comply with...
Michael Simire -
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