The Federal Government of Nigeria has formalized a strategic partnership with the International Energy Agency (IEA) to enhance cooperation on methane emissions reduction, gas development, clean cooking access, and technical support. The Memorandum of Understanding (MoU) was signed on Tuesday at the IEA Headquarters in Paris by Rt. Hon. Ekperikpe Ekpo, Nigeria’s Minister of State…
The Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, has presented the Ministry’s 2025 budget performance and 2026 budget proposal to the Joint Committee of the Senate and House of Representatives on Petroleum Resources. A statement issued on Tuesday by the Head, Press and Public Relations Unit, Chris Ugwuegbulam said Lokpobiri made the presentation on…
Green Energy International Limited and Lekoil Nigeria Limited have issued a joint statement addressing recent media reports surrounding a court matter linked to a commercial dispute with a service provider, stressing that the issue remains under arbitration and has not disrupted their operations. The companies explained that the dispute concerns a contractual claim currently undergoing…
Dangote Group has signed a $400 million agreement with China’s XCMG Construction Machinery Co., Ltd. to acquire advanced construction equipment, as it ramps up expansion of its petroleum refinery and wider industrial operations. The deal will support the expansion of the Dangote Petroleum Refinery and Petrochemicals from its current 650,000 barrels per day to 1.4…
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has alerted the public to the activities of fraudulent individuals claiming to offer contracts on behalf of the Commission, warning Nigerians to be cautious to avoid falling victim to scams. In a statement signed by its Head of Corporate Communication and Media, Eniola Akinkuotu, the Commission disclosed that…
The Rural Electrification Agency (REA), in partnership with the Embassy of the Republic of Korea in Nigeria, has commissioned a combined 1-megawatt clean energy infrastructure serving Rubochi and Ikwa communities in the Federal Capital Territory (FCT), marking a significant step toward expanding sustainable electricity access in Nigeria. The project, delivered under the Korean Energy Project…
Dangote Petroleum Refinery has announced a significant operational milestone following the full restoration and optimisation of its Crude Distillation Unit and Motor Spirit production block, a development that reinforces steady output at Africa’s largest oil refining complex. The company confirmed that both units, which recently underwent scheduled maintenance, are now operating at peak efficiency. To…
The Group Chief Executive Officer (GCEO) of Solewant Group, Solomon Ewanehi has issued a compelling call for African nations to prioritize local content as the cornerstone of energy security and industrialization. Speaking at the Sub-Saharan Africa International Petroleum Exhibition and Conference (SAIPEC) 2026 in Lagos, Ewanehi argued that a nation’s development is inextricably linked to…
Nigeria failed to meet its assigned crude oil production quota for the sixth month in a row, according to the latest report from the Organisation of the Petroleum Exporting Countries (OPEC). The OPEC monthly report, released on Wednesday, showed that Nigeria’s crude oil output fell to 1.478 million barrels per day (bpd) in January 2026,…
The Group Chief Executive Officer of NNPC Limited, Bayo Ojulari, has commended the Sub-Saharan African International Petroleum Exhibition and Conference (SAIPEC) for its vision, resilience, and consistency, describing the platform as one of Africa’s most respected energy partners. Speaking in a goodwill message at SAIPEC 2026, Ojulari noted that within a decade, the conference has…
