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NMDPRA unifies regulations to address complexities, inconsistencies in petroleum sector

Nigeria, Aug. 6 -- The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) on Tuesday initiated a regulatory harmonisation process to address inconsistencies and complexities in ... Read More


Eterna Plc reports N1.6 billion Pre-tax profit in H1 2025

Nigeria, Aug. 4 -- Eterna Plc, a Nigerian integrated energy company, has announced a pre-tax profit of N1.6 billion for the first half of 2025. The company's unaudited financial results show that its... Read More


Nigerians will enjoy uninterrupted electricity before Tinubu administration ends - Minister

Nigeria, Aug. 4 -- The Minister of Power, Adebayo Adelabu, has assured Nigerians that the country will enjoy full and uninterrupted electricity supply before President Bola Tinubu leaves office. Bola... Read More


Group urges government intervention in Dangote's petroleum supply plan

Nigeria, Aug. 1 -- A group, the Natural Oil and Gas Suppliers Association of Nigeria (NOGASA), has called on the federal government to intervene in Dangote Refinery's plan to directly supply petroleum... Read More


NNPC rules out sale of Port Harcourt Refinery

Nigeria, July 30 -- The Nigerian National Petroleum Company Limited (NNPC) said it has officially ruled out the sale of the Port Harcourt Refining Company. In a statement on Wednesday, the NNPC said ... Read More


AfDB commits $1.2 million grant to support Nigeria's energy transition

Nigeria, July 30 -- On Wednesday, the African Development Bank (AfDB) said it has committed a $1.2 million grant to support a feasibility study on Battery Energy Storage Systems (BESS) in Nigeria. Ab... Read More


Electricity market law will boost economic life of Osun State - Governor

Nigeria, July 29 -- Osun State Governor Ademola Adeleke has described the passage into law of the state electricity bill as a major tool to deepen and boost the economy of the state. On Monday, the O... Read More


Eterna Plc revenue surge by 71% in 2024

Nigeria, July 29 -- Eterna Plc, a Nigerian integrated energy company, recorded a 71 per cent increase in revenue, growing from N183.3 billion in 2023 to N313.6 billion in 2024. The company disclosed ... Read More


Dangote Refinery discontinues lawsuit against NMDPRA, NNPC, others

Nigeria, July 29 -- Dangote Petroleum Refinery and Petrochemicals has withdrawn its lawsuit against the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), the Nigerian National... Read More


Electricity: Over $2 billion attracted for grid expansion, off-grid electrification projects - Minister

Nigeria, July 28 -- On Monday, the Minister of Power, Adebayo Adelabu, said over $2 billion has been attracted in new capital for grid expansion and off-grid electrification projects. Mr Adelabu disc... Read More