Nigeria’s refining contradiction: Local fuel, global exposure
Photo caption: Sola Adebawo *Why world-class refining capacity has not yet delivered stable supply, reduced currency risk or a coherent downstream market By
Author : Editor
Shell triples equity in US company-owned convenience retail sites with acquisition of Tri Star Energy
Photo caption: Shell logo Equilon Enterprises LLC, doing business as Shell Oil Products US (Shell), has signed an agreement to increase its equity from
Former Minister of State for Petroleum Timipre Sylva dumps APC, says party irredeemable
Photo caption: Former Minister of State for Petroleum, Timipre Sylva A former Minister of State for Petroleum Resources and former Bayelsa State Governor, Chief Timipre
Why Tinubu doesn’t want his FBI records released – Reno Omokri
Photo caption: President Bola Tinubu Former presidential aide, Reno Omokri, has defended President Bola Tinubu’s opposition to the public release of his records held
VDM has replaced judiciary as hope of common man – Farotimi
Photo caption: Social media influencer Martins Otse, popularly known as VeryDarkMan Human rights lawyer and activist, Dele Farotimi, has said social media activist Martins
Power sector loses N1.36tn to revenue leakages, says NERC
Photo caption: Nigerian Electricity Regulatory Commission (NERC) logo Nigeria’s electricity sector suffered a revenue shortfall of about N1.36tn in 2025 as power distribution companies
NERC threatens to disconnect Ajaokuta Steel over N5.46bn debt
Photo caption: Ajaokuta Steel plant The moribund Ajaokuta Steel Company Limited and its host community risk being disconnected from electricity supply over unpaid obligations totalling
Venezuela says it retains control of oil under US deal
Photo caption: This handout picture released by the Venezuelan Presidency press office shows Venezuela’s interim President Delcy Rodriguez speaking during a national broadcast in Caracas
NUPRC enforces 3% oil levy, registers 172 community development trusts
Photo caption: NUPRC Commission Chief Executive, Oritsemeyiwa Eyesan The Nigerian Upstream Petroleum Regulatory Commission has registered 172 Host Communities Development Trusts established by oil
Nestoil revives idle $28m oil rig after eight years
Photo caption: Oil drilling rig. Credit: Nestoil An indigenous oil firm, Nestoil Group, has announced the deployment of its Pathfinder 500 drilling rig for the
