Consistent Regulations Key to Unlocking Oil and Gas Investments – NUPRC Boss The Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Oritsemeyiwa Eyesan, has stressed that consistent and harmonized regulatory frameworks are crucial for attracting investments into Africa’s petroleum industry. Speaking at the Nigerian International Energy Summit in Abuja on Monday, Eyesan, represented…
Oando Records 10% Rise in Profit After Tax to N241.3bn on Strong Upstream Performance Oando Plc has reported a 10 per cent increase in profit after tax to N241.3 billion for the financial year ended December 31, 2025, driven largely by a strong rebound in upstream production, impairment reversals and favourable tax adjustments. The energy…
Centre: HE Vice President Kashim Shettima, GCON, representative of HE President Bola Tinubu, GCFR, flanked by HE Adama Barrow, President of The Gambia (Lefft) and Mr. Domingo Mba Esono (Right), representative of HE Teodoro Mbasogo, President of Equatorial Guinea at the opening ceremony of the 9th edition of Nigeria International Energy Summit (NIES2026) held at…
Africa Takes Control of Its Energy Future with Official Handover of African Energy Bank Headquarters Africa has advanced a major step toward energy sovereignty with the official handover of the African Energy Bank (AEB) headquarters, a flagship institution created to mobilize capital for the continent’s energy priorities and reinforce Africa’s energy value chains. The…
Olorunsola Harps for Regulatory Coordination, Collaboration in Africa Energy Sector Speaking at the 2026 Nigerian International Energy Summit, NIES, Chairman of the Energy Institute and Aradel Holdings Plc, Osteen Olorunsola submitted that despite differences in geography, politics and resource endowment, African countries share common structural challenges that continue to shape energy policy and investment decisions…
Investors in Nigeria Petroleum Sector Need Clarity of Regulation- Simon-Hart At a panel session on oil industry regulation at the Nigeria International Energy Summit (NIES), Patricia Simon-Hart, a Board member of Aradel Holdings Plc, stated that Petroleum Industry Act (PIA) has been a landmark moment for the oil and gas industry with ambitious law in…
Top-Notch Gas Industry Conference Communiqué: A Call to Action! EINGICE 2025 COMMUNIQUE ISSUED AT THE END OF THE SECOND (2ND) ANNUAL EMOGAS’ INTERNATIONAL NATURAL GAS-BASED INDUSTRY CONFERENCE AND EXHIBITION (EINGICE) ORGANISED BY THE GAS & ENERGY DEVELOPMENT COUNCIL OF EMOGAS LIMITED, AND HELD ON 30TH – 31ST OCTOBER, 2025 AT PTDF TOWERS MAIN AUDITORIUM, PLOT…
Nigeria Prizes Open for Entries with focus on AI, Poetry and Documentary Filmmaking The Nigeria Prizes competition officially kicked off on Sunday with Call for Entries for the 2026 cycle. This year’s edition focuses on Artificial Intelligence and Information and Communication Technology (ICT) for The Nigeria Prize for Science and Innovation; Poetry for The Nigeria…
Midstream & Downstream Chief Regulator visits Aradel’s Facilities at Ogbele in Rivers State The Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Engr. Saidu Mohammed, joined by a senior team of officials, conducted an inspection tour of Aradel’s integrated Ogbele Facility in PML 14, Rivers State. During the visit, which was…
Dangote Refinery Reaffirms Market Stability, Assures Nationwide PMS Supply Dangote Petroleum Refinery & Petrochemicals reaffirms its commitment to market stability and uninterrupted nationwide supply of Premium Motor Spirit (PMS). During the recent festive period, the Refinery implemented a deliberate and temporary price support intervention to cushion Nigerians at a time of heightened household spending. This…