In a bold departure from legacy practices, NNPC has ended its oil-pledging finance model under the leadership of GMD Bashir Ojulari. The company is now inviting investors to partner on production growth and long-term value creation, with over $2 billion in proposals already under review.
NOG 25: Nigeria’s Oil Future–Lokpobiri Calls for Revived Production, Flags Dormant Wells
At the 2025 Nigeria Oil and Gas Conference, Minister Heineken Lokpobiri reaffirmed the government’s drive to boost crude production, revive dormant oil wells, and strengthen local content and investor confidence.
AKK Gas Pipeline Crosses River Niger as NNPC Reports 100% Crude Pipeline Availability
The AKK Gas Pipeline has crossed the River Niger, a landmark milestone announced by NNPC Ltd at the 2025 NOG Energy Week. With 100% pipeline availability also recorded in June, Nigeria’s energy sector sees renewed momentum under the leadership of Engr. Bashir Bayo Ojulari.
Dangote Refinery Reduces Fuel Price as Petroleum Marketers Plan Nationwide Price Drop
Dangote Refinery Reduces Fuel Price as Petroleum Marketers Plan Nationwide Price Drop Dangote Refinery has reduced its ex-depot price of premium motor spirit (PMS) from N880 to N840 per litre, effective Monday, July 1, 2025. This significant price…
Seplat Energy Trains 50 Journalists on Media Entrepreneurship in Lagos
Seplat Energy Trains 50 Journalists on Media Entrepreneurship in Lagos Lagos, Nigeria – Seplat Energy Plc, in collaboration with ELOH Consulting Ltd., has successfully concluded a two-day media entrepreneurship training programme for 50 journalists drawn from Capital Market, Judiciary,…
NCDMB Drives “Nigeria First” Agenda, Revamps ₦50bn Community Contractors Fund to Deepen Local Content Participation
The Nigerian Content Development and Monitoring Board (NCDMB) has thrown its full weight behind the “Nigeria First” policy of President Bola Ahmed Tinubu’s administration, pledging robust implementation of the initiative aimed at reducing import dependence and driving local industrial growth…
NNPC Records ₦6 Trillion Revenue Boost in May as Oil Output Hits 1.72mbpd
The Nigerian National Petroleum Company Limited (NNPC Ltd) recorded a significant financial and operational uptick in May 2025, posting a revenue of ₦6.008 trillion — a modest rise from ₦5.972 trillion in April. This performance, according to NNPC management was…
Axxela Marks 9 Million Man-Hours Without Lost Time Injury, Reaffirming Safety Leadership in Africa’s Energy Sector
Axxela Limited, a leading gas and power company in Sub-Saharan Africa, has hit a remarkable milestone—9 million man-hours without a Lost Time Injury. This achievement showcases the company’s strong safety culture and commitment to sustainable, responsible energy solutions.
Renaissance Africa Energy to Unveil Corporate Brand at NOG Energy Week 2025
Renaissance Africa Energy Company Limited is set to officially unveil its new corporate brand during the Nigeria Oil and Gas (NOG) Energy Week 2025, scheduled to hold from June 29 to July 3 at the Bola Ahmed Tinubu International Conference…
OGTAN Charts Bold New Course with Strategic Agenda under Fresh Leadership
Under new leadership, the Oil and Gas Trainers Association of Nigeria (OGTAN) has launched a visionary seven-point agenda to elevate Nigeria’s energy workforce development, boost member value, and align with global training standards.
