Nigeria’s Oil and Gas Sector Reawakens: Fresh Reserves, Frontier Prospects, and Billions in New Investments Signal Opportunity

Nigeria’s Oil and Gas Sector Reawakens: Fresh Reserves, Frontier Prospects, and Billions in New Investments Signal Opportunity

Nigeria’s Oil and Gas Sector Reawakens: Fresh Reserves, Frontier Prospects, and Billions in New Investments Signal Opportunity Nigeria’s Oil and gas sector is witnessing a resurgence as growing reserves, strategic infrastructure projects, and renewed investment commitments by global energy players converge to create unprecedented opportunities. Recent data from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC)…

Austria Unveils Revolutionary Green Energy

Austria Unveils Revolutionary Green Energy Technology That Transforms Used Batteries into Clean Fuel

Austria Unveils Revolutionary Green Energy Technology That Transforms Used Batteries into Clean Fuel In a groundbreaking development that could shift the balance in the global green energy race, researchers in Austria have unveiled a new technology that turns toxic battery waste into a powerful tool for sustainable fuel production, reports Union Rayo. Developed by scientists…

Honouring a Legacy: 22nd Aret Adams Memorial Lecture to Spotlight Impact on Nigeria’s Oil & Gas Sector

Honouring a Legacy: 22nd Aret Adams Memorial Lecture to Spotlight Impact on Nigeria’s Oil & Gas Sector

Honouring a Legacy: 22nd Aret Adams Memorial Lecture to Spotlight Impact on Nigeria’s Oil & Gas Sector The 22nd edition of the annual Aret Adams Memorial Lecture is scheduled to hold on May 15, 2025, at the Muson Centre (Agip Recital Hall), Onikan, Lagos, beginning at 11:00 a.m. This year’s theme, “Aret Adams – Legacies…

Dangote Packaging Targets Regional Markets After Major Production Boost
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Dangote Packaging Targets Regional Markets After Major Production Boost

Dangote Packaging Targets Regional Markets After Major Production Boost Dangote Packaging Limited (DPL) is setting its sights on new African markets as it ramps up production capacity following the installation of state-of-the-art machinery at its manufacturing plants. At a recent strategic board meeting, the Chairman of DPL’s Board, Mr. Robert Ade-Odiachi, announced that the company…

Crude Oil Prices Waver as Trade Hopes Rise and Supply Worries Linger

Crude Oil Prices Waver as Trade Hopes Rise and Supply Worries Linger

Crude Oil Prices Waver as Trade Hopes Rise and Supply Worries Linger Crude oil prices fluctuated but managed a modest rebound, buoyed by renewed optimism over upcoming trade negotiations between the U.S. and China. Market sentiment received a boost after news broke that U.S. Treasury Secretary Scott Bessent is set to meet with China’s top…

Seplat Energy Champions Nigeria’s Gas-Powered Future with Bold Investments and Indigenous Leadership

Seplat Energy Champions Nigeria’s Gas-Powered Future with Bold Investments and Indigenous Leadership

Seplat Energy Champions Nigeria’s Gas-Powered Future with Bold Investments and Indigenous Leadership Seplat Energy PLC, a leading Nigerian independent energy company listed on the Nigerian Exchange and the London Stock Exchange, has reaffirmed its commitment to driving Nigeria’s indigenous gas revolution. The company says its vision is anchored on providing energy access for all, powered…

MER OTC EDITION

Africa’s Energy Renaissance: Leveraging Innovation and Natural Gas for Sustainable Development

Africa is stepping into a new era — one defined not by scarcity, but by opportunity. As the world undergoes a profound transformation in how energy is produced, consumed, and financed, Africa is positioning itself at the center of a global energy realignment. Armed with vast reserves of natural resources, a young and dynamic population,…

FG Moves to Ban ₦200bn Solar Panel Imports, Champions Local Production
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FG Moves to Ban ₦200bn Solar Panel Imports, Champions Local Production

FG Moves to Ban ₦200bn Solar Panel Imports, Champions Local Production New push for homegrown renewable energy manufacturing as government partners with Lagos State and private investors. The Federal Government has announced a renewed drive to halt the importation of solar panels — a practice that has cost Nigeria over ₦200 billion — in favor…

Crude Supply Clash Between NNPC and Dangote Refinery Impacts OPEC Oil Output

Crude Supply Clash Between NNPC and Dangote Refinery Impacts OPEC Oil Output

Crude Supply Clash Between NNPC and Dangote Refinery Impacts OPEC Oil Output A growing standoff between Nigeria’s state oil giant, NNPC Limited, and Dangote Refinery is making waves well beyond Nigeria’s borders—now impacting the overall crude oil production figures of OPEC for March 2025. According to a Reuters survey, OPEC’s output dipped by 110,000 barrels…

FG Reaffirms Commitment to Crude and Refined Product Sales in Naira Policy

FG Reaffirms Commitment to Crude and Refined Product Sales in Naira Policy

FG Reaffirms Commitment to Crude and Refined Product Sales in Naira Policy The Federal Government of Nigeria has once again reaffirmed its commitment to the Crude and Refined Product Sales in Naira initiative, a strategic policy designed to strengthen local refining capacity, improve energy security, and reduce dependence on foreign exchange for petroleum transactions. This…