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Tuesday, March 3, 2026

Oil & Gas

NLNG cuts Nigeria’s gas flaring to below 12%, eyes further expansion

Nigeria LNG Limited (NLNG) has reduced Nigeria’s gas flaring from about 62 per cent to less than 12 per cent through its Train 1–6...

NNPC declares N60.5trn revenue for 2025, posts N5.7trn profit

The Nigerian National Petroleum Company Limited (NNPC Ltd.) declared N60.5 trillion in revenue and N5.76 trillion Profit After Tax (PAT) in the 2025 financial...

How Nigeria can turn risks to opportunities in oil industry, by Shell

Nigeria can transform risks and complexities in the oil and gas industry to opportunities for growth and development if operators and regulators collaborate in...

‘Namibia’s resources must secure Namibians first’ – Campaigners react to US’ AU Summit statements

As African leaders convene at the African Union Summit to advance Agenda 2063 and assert the continent’s economic sovereignty, recent remarks by U.S. Ambassador...

Renaissance honoured as SAIPEC Pioneer, showcases transformational local content leadership

Renaissance Africa Energy Company Limited reaffirmed its thought leadership position in the advancement of Africa’s local content as the company’s General Manager, Nigeria Content...

Dangote Refinery’s crude distillation unit, motor spirit block hit 650,000 bpd capacity

The Dangote Petroleum Refinery says it has achieved a major operational milestone with the full restoration and optimisation of its Crude Distillation Unit (CDU)...

Falcon Corporation secures ‘A’ Long-Term and ‘A1’ Short-Term Credit Ratings from Agusto & Co.

Falcon Corporation Limited, one of Nigeria’s leading indigenous gas companies, has received an “A” long-term and “A1” short-term corporate credit rating with a stable...

SAIPEC 2026: Renaissance reinforces commitment to energy security, industrialisation

Renaissance Africa Energy has reaffirmed its strategic commitment to delivering energy security, driving industrialisation, and strengthening African capability across the oil and gas value...

Latest news

Publisher declares for Lagos Island Constituency II House of Assembly seat ahead of 2027 poll

The Publisher of online news platform, August24news.com, Mr. Ajagbe Adeyemi Teslim, popularly known as "Omoatitebi", has formally entered the...
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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...

EcoCirculate expands community-driven circular economy efforts to Ojokoro

The Office of Climate Change and Circular Economy (OCCE) has once again advanced Lagos State’s sustainability agenda with the...

Must read

Publisher declares for Lagos Island Constituency II House of Assembly seat ahead of 2027 poll

The Publisher of online news platform, August24news.com, Mr. Ajagbe...

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

The Nigeria Governors’ Forum (NGF) has expressed its support...
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Lagos seals companies polluting the environment

The Lagos State Environmental Protection Agency (LASEPA) on Thursday,...
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