Author: uzo.nzeogu

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

Nigeria’s electricity regulatory framework is inching toward a potential collapse, as political appointments, delayed executive actions and deepening governance gaps threaten to incapacitate the Nigerian Electricity Regulatory Commission (NERC) without the legal capacity to function, WALIAT MUSA writes. For more The post Regulatory vacuum looms as politics pushes power sector to brink appeared first on The Guardian Nigeria News – Nigeria and World News. Source: Original article

The Bodija Estate Residents Association (BERA), the umbrella body representing all community associations within Bodija, has appealed to the Minister of Power to urgently intervene in the prolonged electricity challenges crippling Old Bodija, New Bodija, Basorun, Iwo Road, Oje, Mokola The post Tackle prolonged electricity challenge in Ibadan, Bodija residents tell Minister appeared first on The Guardian Nigeria News – Nigeria and World News. Source: Original article