ANOH Gas Project Records First Gas as Seplat, NGIC Deliver Landmark Energy Infrastructure Seplat Energy Plc has announced the successful delivery of first gas from the 300 million standard cubic feet per day (MMscfd) ANOH gas project, marking a major milestone in Nigeria’s drive to expand domestic gas supply and energy access. The achievement followed…
Strong Refining Margins Help TotalEnergies Hold Ground Despite Oil, LNG Price Slump TotalEnergies has projected that its fourth-quarter 2025 results will broadly match last year’s performance, as robust refining margins and proceeds from asset sales in its renewables portfolio helped counter weaker oil and liquefied natural gas (LNG) prices. In a trading statement, the French…
Aradel Records 10 Million LTI-Free Man-Hours Across Operations Aradel Holdings Plc has achieved a major safety milestone, recording 10 million man-hours without a Lost Time Injury (LTI) across its operations as of December 21, 2025. The achievement, which cuts across all subsidiaries of the indigenous integrated energy company, was recorded during a period of expanded…
Nigeria Tops Sub-Saharan Africa Upstream Investment Despite Regional Decline – Verheijen Nigeria retained its position as Sub-Saharan Africa’s leading destination for upstream capital investment in 2025, attracting $5.3 billion despite an 18 per cent decline in upstream spending across the region. The Special Adviser to the President on Energy, Olu Verheijen, disclosed this on Thursday…
Tinubu Approves Nigeria’s Carbon Market Framework, Targets $3bn Annual Revenue by 2030 President Bola Ahmed Tinubu has approved the implementation and operationalisation of Nigeria’s carbon market framework, a landmark policy projected to generate at least $3 billion in annual revenue by 2030. The approval positions Nigeria as a major player in global carbon trading, opening…
African Heads of State Confirm Attendance at NIES 2026 The Nigeria International Energy Summit (NIES) has announced the confirmation of distinguished African Heads of State for its 2026 edition, reinforcing the Summit’s status as Africa’s most authoritative and impactful platform for energy dialogue, policy coordination, and investment mobilization. Among the confirmed leaders are His Excellency…
Fossil Fuel Phaseout Urgent as 1.5°C Warming Threshold Nears, Report Warns A new report by the Copernicus Climate Change Service has warned that the world is rapidly approaching a dangerous climate tipping point, with the 1.5°C global warming threshold likely to be breached by the end of 2030. According to the Global Climate Highlights (GCH)…
TotalEnergies Signs Deal to Divest 10% Stake in Nigeria’s Renaissance JV TotalEnergies has signed a Sale and Purchase Agreement (SPA) to divest its 10 per cent non-operated interest in Nigeria’s Renaissance Joint Venture (JV), formerly known as the Shell Petroleum Development Company (SPDC) JV. In a statement issued on Wednesday, the French energy major said…
Eyesan Rolls Out Ambitious Reform Agenda for Nigeria’s Upstream Oil Sector The Commission Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Mrs. Oritsemeyiwa Eyesan, has unveiled a comprehensive reform agenda aimed at improving efficiency, deepening collaboration, and unlocking higher production across Nigeria’s upstream oil and gas sector. Eyesan said the new direction for…
Nigeria Records Historic ₦6 Trillion FAAC Disbursement in Q3 2025 as NEITI Warns of Fiscal Risks Nigeria has recorded its highest-ever Federation Account Allocation Committee (FAAC) disbursement, with total allocations hitting ₦6.0 trillion in the third quarter of 2025, according to a new report released by the Nigerian Extractive Industries Transparency Initiative (NEITI). The figure,…