Oil & Gas

Oil & Gas

Kia, TotalEnergies celebrate 15 years of collaboration with fourth contract renewal

Kia Corporation and TotalEnergies Lubrifiants have renewed their global partnership for an additional five-year term effective April 1, 2026. The agreement builds on a...
Michael Simire -
Oil & Gas

Global tensions: West Africa’s fuel market resilient – MEMAN

West Africa’s downstream petroleum sector is proving resilient in spite of escalating geopolitical tensions, industry leaders declared during a high-level webinar convened on Tuesday,...
Michael Simire -
Oil & Gas

NUPRC notifies pre-qualified applicants for 2025 licensing round

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says it has completed the pre-qualification stage of the 2025 oil Licensing Round and notified successful pre-qualified...
Michael Simire -
Oil & Gas

Nigeria can weather global crisis, seize energy opportunities – NUPRC Board Chairman

Nigeria is in a relatively strong position to navigate the situation and possibly benefit from emerging opportunities in the current global crisis. Sen. Magnus Abe,...
Michael Simire -
Oil & Gas

Motorists, commuters groan as petrol hits N1,350 per litre

Motorists and commuters across Lagos are facing rising transportation costs following another increase in the pump price of petrol, which now sells for between...
Michael Simire -
Oil & Gas

Era of dormant oil licences over – NUPRC

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says the era of companies holding on to their prospecting oil licences without developing their assets is...
Michael Simire -
Oil & Gas

33 young engineers begin training as NCDMB reiterates mandate

Thirty-three young graduates of engineering, geology and related disciplines on Friday, March 13, 2026, in Port Harcourt, Rivers State, underwent opening formalities for a...
Michael Simire -
Oil & Gas

Navy destroys illegal crude oil storage site in Rivers

The Nigerian Navy says it has destroyed an illegal crude oil storage site containing about 17,500 litres of suspected stolen crude oil in the...
Michael Simire -
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Cover

Middle East conflict: How to ease oil price pressures on consumers, by report

The International Energy Agency (IEA) on Friday, March 20, 2026, set out a range of demand-side actions that governments,...
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Climate Change

COP30 Presidency releases Executive Report, outlines next steps to accelerate global climate implementation

The COP30 Presidency on Thursday, March 19, 2026, released the Executive Report of the United Nations Climate Change Conference held in...
Sustainable Devpt

NESREA seals Oyo chemical firm over environmental violations

The National Environmental Standards and Regulations Enforcement Agency (NESREA) has sealed Bond Chemicals Industries Ltd. in Oyo over violations of national...

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Cover

Middle East conflict: How to ease oil price pressures on consumers, by report

The International Energy Agency (IEA) on Friday, March 20,...
Climate Change

COP30 Presidency releases Executive Report, outlines next steps to accelerate global climate implementation

The COP30 Presidency on Thursday, March 19, 2026, released...
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Kaduna earmarks N118.8m for state-wide tree planting in 2022

In its bid to encourage afforestation, the Kaduna State Government has...
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Edo desilts drainage channels to prevent flooding

The Edo State Government has begun desilting of drainages...
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