Illegal Refinery Uncovered in Anambra Forest by Joint Security Team AWKA, ANAMBRA — A joint operation by the Nigeria Security and Civil Defence Corps (NSCDC), Nigerian Navy, and Nigerian Army has uncovered a large illegal crude oil refinery hidden in the dense forests of Awka North Local Government Area, Anambra State. The covert site, reportedly…
Over 1,000 Delegates Expected at NOGOF 2025 in Yenagoa YENAGOA, BAYELSA — The Nigerian Content Development and Monitoring Board (NCDMB) is set to host over 1,000 delegates at the 5th edition of the Nigerian Oil and Gas Opportunity Fair (NOGOF 2025), scheduled for May 20–22, 2025, at the Nigerian Content Tower in Yenagoa, Bayelsa State….
Turkey Secures Dominant Stake in East Africa Oil Bonanza Amid Controversial Somalia Deal Turkey has made a landmark oil discovery in East Africa, revealing that two of the three exploration blocks it operates in the region have uncovered significant, commercially viable crude oil reserves. With an estimated potential of up to 20 billion barrels, the…
Africa Must Unite to End Energy Poverty, Says Lokpobiri at OTC 2025 …$19 Billion African Energy Bank to Launch This Quarter …PETAN Showcases Africa’s Growing Global Energy Role At the 2025 Offshore Technology Conference (OTC) in Houston, Texas, US, Nigeria’s Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, called on African countries to…
NEITI Charts New Course for Energy Transition The Nigeria Extractive Industries Transparency Initiative (NEITI) has launched a weeklong strategic retreat and board meeting in Umuahia, Abia State, aimed at reviewing its national energy transition strategy, deepening reform efforts, and strengthening partnerships with state governments to improve natural resource governance and boost domestic revenue. Supported by…
Rivers State Teaching Hospital ICU Gets Boost from Renaissance Africa Energy and Partners Renaissance Africa Energy Company Limited, in partnership with the Nigerian National Petroleum Company Limited (NNPC) and other joint venture stakeholders, has reaffirmed its commitment to improving healthcare in its host communities with a significant donation to the Rivers State University Teaching Hospital…
Electricity Consumers Owe DisCos N54bn in February — NERC Despite ongoing efforts to stabilise Nigeria’s electricity sector, power distribution companies (DisCos) were left grappling with a revenue shortfall of ₦54 billion in February 2025, according to data released by the Nigerian Electricity Regulatory Commission (NERC). In its latest Factsheet for February, NERC revealed that…
PCNGI Vows Legal Action Over Alleged Smear Campaign, Reaffirms Integrity The Presidential Compressed Natural Gas Initiative (PCNGI) has strongly condemned what it calls a “sponsored smear campaign” aimed at discrediting its operations, warning that it will take legal action to defend its integrity. In an official statement released by Kenechukwu Chukwu, the Initiative’s Technical Adviser…
OPEC+ Signals Faster Oil Output Increases Amid Mounting Compliance Issues The global oil landscape may soon shift again, as OPEC and its allies—collectively known as OPEC+—consider accelerating oil production increases over the coming months. This move comes amid growing frustration with member nations that are failing to meet their agreed production quotas. According to a…
Tinubu Set To Intervene as N4tn Power Sector Debt Threatens National Grid Stability President Bola Tinubu is preparing to hold a critical meeting with executives of Nigeria’s power generation companies (Gencos) in a bid to tackle the growing N4 trillion debt crisis threatening the country’s electricity supply chain. This intervention follows a high-level engagement on…
