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[ February 27, 2026 ] Ex-NNPC official jailed in US for $2.1m bribe News
[ February 27, 2026 ] MDGIF courts India’s IGL to deepen Nigeria gas infrastructure News
[ February 26, 2026 ] A regulatory and compliance guide for Cameroon’s 2026 licensing round News
[ February 25, 2026 ] Eyesan promises enhanced transparency, digital transformation at NUPRC News
[ February 25, 2026 ] NNPC Ltd unveils ambitious gas master plan News

‘NNPC has President Tinubu’s backing for IPO’

Abuja — State-owned Nigerian National Petroleum Co. Ltd. will launch an initial public offering (IPO) “soon”, its group CEO said on Tuesday after securing the backing of Nigerian President Bola Tinubu. NNPC runs joint venture […]

Oil market to tighten with China demand and OPEC+ cuts, says IEA

*North Sea Brent oil. London — Oil demand from China and developing countries, combined with OPEC+ supply cuts, is likely to keep the market tight in the second half of the year despite a sluggish […]

Labour leaders ask govt to list NNPC on Nigerian Stock Exchange, NYSE

*New York Stock Exchange Mkpoikana Udoma Port Harcourt — Labour leaders have urged the Federal Government to open up the Nigerian National Petroleum Company, NNPC, by ensuring the company enters not only the nation’s capital […]

Agitators threaten to cripple Nigeria’s 1.6m b/d oil production

*Niger Delta militants. Mkpoikana Udoma Port Harcourt — Nigeria’s rising oil output is now under threat as a self-acclaimed militant group in the Niger Delta known as Creek Reform Warriors, has threatened to resume attacks […]

Take NNPC to capital market, experts tell Tinubu

*A general view of the newly rebranded NNPC Mega Gas Station in Abuja, Nigeria August 30, 2022. REUTERS/Afolabi Sotunde Mkpoikana Udoma Port Harcourt — The Nigerian National Petroleum Company Limited will remain unattractive to both […]

‘Oil-producing states get N522bn in 13% derivation in 2022’

Ike Amos Dublin, Ireland — Despite ongoing controversy over the utilisation of previous allocations to subnational governments over the years, oil-producing states in the country received N522 billion from the Federation Account in 2022 through […]

India’s fuel demand slips in June on monsoon lull

*A worker holds a nozzle to pump petrol into a vehicle at a fuel station in Mumbai, India, May 21, 2018. REUTERS/Francis Mascarenhas/File Photo Bengaluru — India’s fuel demand eased 3.7% in June month-on-month, government […]

Nigeria’s oil earnings drop 60% to N308bn in one month

*Crude oil vessel. Ike Amos Dublin, Ireland — Nigeria earned N308.07 billion from the petroleum industry in February 2023, according to latest data released by the Central Bank of Nigeria, dropping sharply by 60.21 per […]

Saudi Arabia says new oil cuts show teamwork with Russia is strong

*Saudi Arabia’s Minister of Energy Prince Abdulaziz bin Salman Al-Saud arrives for an OPEC meeting in Vienna, Austria, June 4, 2023. REUTERS/Leonhard Foeger/File Photo – OPEC+ to do “whatever necessary” to support market– Russia and […]

Italy’s Enel dismisses rumours over sale of Spain’s Endesa

Milan/Madrid — Italy’s Enel on Tuesday dismissed suggestions that it is planning to sell its majority stake in Spain’s Endesa and that a deal had been discussed involving energy group Repsol. El Confidencial reported on […]