Author: uzo.nzeogu

The West African Centre for Oil Governance (WACOG) has congratulated the Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Gbenga Komolafe, on his election as chairman of the African Petroleum Regulators Forum (AFRIPERF), describing the development as a The post WACOG congratulates Komolafe on election as AFRIPERF chairman appeared first on The Guardian Nigeria News – Nigeria and World News. Source: Original article

.Reps order forensic audit of NMDPRA over gas infrastructure fund FIFTY oil blocks will be leased to investors to raise $10 billion and increase oil production by an additional 400,000 barrels per day, Abuja disclosed yesterday. This was as the House The post Nigeria eyes $10b from 50 oil blocks, 400,000 bpd oil output  appeared first on The Guardian Nigeria News – Nigeria and World News. Source: Original article

TotalEnergies has agreed to sell a 40 per cent stake in two exploration licences offshore Nigeria to Chevron, marking a renewed wave of portfolio realignments. The company said on Monday that the divestment covers the PPL 2000 and 2001 licences The post TotalEnergies sells 40% stake in Nigerian offshore assets to Chevron appeared first on The Guardian Nigeria News – Nigeria and World News. Source: Original article

Latest commercial performance factsheet released by the Nigerian Electricity Regulatory Commission (NERC) has revealed that distribution companies The post DisCos record N45b revenue shortfall, 81.25% efficiency rate appeared first on The Guardian Nigeria News – Nigeria and World News. Source: Original article

Oando Plc. has been formally inducted into the Society for Corporate Governance Nigeria (SCGN). This move marks the company’s entry The post Oando inducted into Society for Corporate Governance of Nigeria appeared first on The Guardian Nigeria News – Nigeria and World News. Source: Original article

Dangote Refinery has stated that it is prepared to supply Nigeria’s domestic premium motor spirit (PMS) requirements, including 1.5 billion litres per month in December 2025 and January 2026, and 1.7 billion litres per month from February 2026. This was The post Dangote Refinery says it can supply up to 1.7bn litres of petrol monthly appeared first on The Guardian Nigeria News – Nigeria and World News. Source: Original article

OPEC nations and oil-producing allies reaffirmed Sunday plans to keep current oil output levels unchanged until March, and agreed a mechanism to assess members’ maximum production capacity, without giving any details. The announcements were made after ministers of the Organization The post OPEC+ reaffirms planned pause on oil output hikes until March appeared first on The Guardian Nigeria News – Nigeria and World News. Source: Original article

Ogoni communities have expressed frustration over the Federal Government’s silence, months after receiving reports from the Dialogue Committee chaired by Prof. Don Baridam, which was established to engage local residents on the potential resumption of oil exploration in Ogoniland. Community The post Oil resumption: Ogoni communities lament FG’s silence after committee report appeared first on The Guardian Nigeria News – Nigeria and World News. Source: Original article

Nigeria’s struggle to attain domestic energy security is far from being overcome after a fresh data released by the Federal Government The post Nigerians spend N21.8 trn on petrol in 12 months appeared first on The Guardian Nigeria News – Nigeria and World News. Source: Original article

The Petroleum Technology Association of Nigeria (PETAN) has urged African governments and industry players to strengthen collaboration between public and private suppliers, describing it as the most critical driver of sustainable local content growth across the continent. Delivering a paper The post African countries urged to adopt Nigeria’s local content model appeared first on The Guardian Nigeria News – Nigeria and World News. Source: Original article