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The Federal Government, through the Nigerian Upstream Petroleum Regulatory Commission, (NUPRC) has announced that it has commenced the process for the 2024 oil bid rounds, offering…
Petrol queues, crowded bus stops, traffic and hikes in transport fares have returned to most states in Nigeria with residents resorting to buying petrol in jerrycans,…
The Nigerian Electricity Regulatory Commission (NERC) has deregulated meter prices under the Meter Asset Provider (MAP) Scheme for end-user customers, effective May 1, 2024. NERC made…
NUPRC prioritises environmental, social responsibility in Shell’s $2.4bn asset divestment guidelines
On the heels of the agreement reached by Shell to sell its Nigerian onshore subsidiary, the Shell Petroleum Development Comed (SPDC), to Renaissance, The Nigerian Upstream…
By Olubunmi Oladejo The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) in Osun State has warned petroleum marketers in the state against hoarding of the…
…Declares US 3 cents dividend per share Seplat Energy Plc has announced its unaudited results for the three months ended March 31, 2024, declaring US 3…
French energy giant TotalEnergies reported a 22 percent decline in profits for the first quarter of 2024, hit hard by a slump in natural gas prices.…
In a significant development poised to reshape Nigeria’s energy landscape, the Nigerian Electricity Regulatory Commission (NERC) recently granted Enugu, Ondo, and Ekiti states the authority to…
For Ayomide Martins, the aroma of freshly baked bread isn’t just a sign of a successful business, it’s a symbol of hope. Every morning, the warm…
Namibia is emerging as a new frontier for oil exploration, with international oil companies (IOCs) increasingly looking south as Africa’s biggest oil producer struggles to attract…