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Thursday, February 19, 2026

Oil & Gas

Nigeria’s oil, gas sector shows recovery in 2025, faces crucial test in 2026 – Iledare

An energy expert, Prof. Wumi Iledare, says Nigeria’s oil and gas sector recorded a measurable rebound in 2025, driven by improved security, relative regulatory...

NNPC records N502bn Profit After Tax for November 2025

The Nigerian National Petroleum Company Limited (NNPC Ltd.) has reported a Profit After Tax (PAT) of N502 billion in November 2025. The NNPC Limited made...

Heirs Energies acquires Maurel & Prom’s 20.07% stake in Seplat Energy in $500m transaction

Heirs Energies, said to be Africa’s leading indigenous integrated energy company, has acquired the entire 20.07% equity stake (120.4 million ordinary shares) previously held...

Industry experts call for stronger governance in oil sector

Experts in the oil and gas industry have said that Nigeria could still secure a more sustainable oil and gas future if it gets...

Court declines to stop Petroleum minister, others from allocating oil field

The Federal High Court in Abuja has refused to grant an application seeking to stop Mr. Heineken Lokpobiri, Minister of State for Petroleum Resources...

Natural Gas and Liquefied Natural Gas: Building a bridge to African energy security, prosperity

Africa is awakening to the power of its natural gas reserves, recognising that among its many resources, natural gas offers a reliable and expedient...

NUPRC under Komolafe not a den of corruption – ICPC report

An Independent Corrupt Practices and Other Related Offences Commission (ICPC) report has ranked the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), under Mr. Gbenga Komolafe...

CPPE sets agenda for new petroleum regulators

The Centre for the Promotion of Private Enterprise (CPPE) has outlined key imperatives to guide Nigeria’s new petroleum regulators towards sustainable growth and industrialisation. CPPE...

Latest news

Overcrowding, urban growth accelerating infectious diseases in Nigeria – UNILAG VC

The Vice-Chancellor (VC) of the University of Lagos (UNILAG), Prof. Folasade Ogunsola, says overcrowded communities in Nigeria, like those...
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After 37 fatalities, Nigeria seals mine over deadly gas leak

The Minister of Solid Minerals Development, Dr Dele Alake, has ordered the sealing of mining located in Zuraq, Wase...

Coalition commits to advancing climate justice in Nigeria

Nigeria Climate Justice Alliance (NCJA), a coalition of civil society organisations, community groups, youth movements, researchers, and media actors,...

Must read

Overcrowding, urban growth accelerating infectious diseases in Nigeria – UNILAG VC

The Vice-Chancellor (VC) of the University of Lagos (UNILAG),...

After 37 fatalities, Nigeria seals mine over deadly gas leak

The Minister of Solid Minerals Development, Dr Dele Alake,...
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