Oil and Gas

Shell Profit Rises 11% Despite Lower Energy Prices

Shell on Thursday reported an 11 per cent increase in net profit for 2025, helped by higher production volumes and lower costs that offset...

NNPC Ltd Unveils Gas Master Plan 2.0

...Milestone Represents Nigeria’s Dev’t Aspirations, Says Ekpo As part of ongoing efforts to reposition Nigeria’s gas sector as the engine room of national industrialisation, energy...

NNPCL Posts ₦502bn Profit Amid Crude Production Dip

The Nigerian National Petroleum Company Limited (NNPCL) posted a profit after tax of ₦502 billion in November 2025, sustaining its profitability despite ongoing challenges...

NNPC Targets AKK Gas Pipeline Exports By Early 2026

The Nigerian National Petroleum Company Limited (NNPC Ltd) says the $2.8 billion Ajaokuta–Kaduna–Kano (AKK) gas pipeline is on track to be activated for gas...

Petroleum agencies’ new leadership nominees vow to end revenue leakages

Newly appointed Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission, NUPRC, Oritsemeyiwa Amanorisewo Eyesan and her counterpart in the Nigerian Midstream and Downstream...

Global Oil Prices Sink To Four-Year Lows

Global oil prices fell sharply on Tuesday, sliding to their lowest levels in nearly four years amid persistent oversupply concerns. Brent crude, the international benchmark,...

Dangote Refutes Trump Criticism Over Nigerian Refinery

Alhaji Aliko Dangote, President of Dangote Refinery, has dismissed claims that former U.S. President Donald Trump is displeased with the $20 billion refinery in...

Dangote Refinery Cuts Ex-Depot Petrol Price To N699

The Dangote Refinery has significantly reduced its ex-depot petrol price in a move seen as an effort to strengthen its market position against the...

PiCNG, City Boy Movement Partner On Nationwide CNG Awareness

The Presidential Initiative on Compressed Natural Gas (PiCNG) has launched a coordinated effort to expand public awareness and grassroots engagement on the economic and...

NNPC E&P Limited Hits Record 355,000 bpd Production

...Nigeria’s Energy Revival Already Happening, Says Ojulari On December 1st, 2025, NNPC E&P Limited (NEPL), the flagship upstream subsidiary of NNPC Limited, achieved a record...

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