The Foundation for Partnership Initiatives in the Niger Delta (PIND), in collaboration with the Ford Foundation, has convened regulators, Host Community Development Trusts (HCDTs), oil and gas ...

Dublin, Ireland — Nigeria imported crude oil valued at N628.886 billion from four countries — Libya, Ghana, Angola and ...

Also, the amount earned in the first quarter of 2026 was N9.05 trillion lower than the budgeted figure of N11.51 trillion, ...

Tegbe said the government had also restored the 375MW Alaoji open-cycle power plant to the national grid after three years ...

Leeds, England — Some International Shipping Lines operating in the Nigerian maritime environment have welcome the decision of the United States Coast Guard (USCG) to lift the 12-year Condition of ...

An uncomfortable awakening The South-South governors may indeed be waking up to the environmental cost of oil. But they are waking up late. The communities did not have the luxury of waiting for a ...

Port Harcourt — Nigerian banks are financing about 77 percent of the more than $600 million Ima Gas Development Project being developed by TotalEnergies EP Nigeria Limited and indigenous operator AMNI ...

The NBS also reported that in the first quarter of 2026, Nigeria exported N68.455 billion worth of PMS to France, and N182.12 billion worth of partially refined crude oil to the Netherlands, while the ...

Port Harcourt — The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has cautioned that rising domestic refining capacity will not automatically translate into lower petrol ...

Lagos — Nigeria’s Minister of Power, Joseph Tegbe, has acknowledged that improvements in generation and transmission have yet to translate into reliable electricity supply for many Nigerians.

Port Harcourt — The Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, has warned that diversion and smuggling of petroleum products are undermining market integrity, distorting ...

Port Harcourt — The Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, is proposing new regulations to curb cartels, collusion, abuse of market dominance and opaque pricing ...