According to a report by the National Academies of Sciences, Engineering, and Medicine, the offshore oil and gas industry operating in the Gulf of Mexico has made significant progress in managing systemic risk. The report […]

The Nigerian Government is set to embark on the full deregulation of the downstream sector of the petroleum industry, and the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), and the Federal Competition and Consumer […]

The Organization of the Petroleum Exporting Countries (OPEC) has reported a slight increase in oil output for February, with member countries pumping a total of 28.97 million barrels per day (bpd), up 150,000 bpd from […]

Schneider Electric, a global leader in energy management and automation solutions, has unveiled a cost-saving energy solution for Nigerian industries. According to a statement released by the company’s Product Application Engineer, Tunde Olumuyiwa, it has […]

The Nigerian Federal Government has recently opened up fresh investment opportunities in the midstream and downstream sectors of the petroleum industry by releasing six new gazetted regulations. The Nigerian Midstream and Downstream Petroleum Regulatory Authority […]

Seplat Energy has terminated its consultancy agreement with its founder, ABC Orjiako, due to alleged breaches of a material nature, and filed a lawsuit against Orjiako and his company, Amaze, seeking an injunction to prevent […]

The African Development Bank (AFDB) has greenlit the Leveraging Energy Access Finance Framework (LEAF), which will see the bank commit up to $164m to promote decentralised renewable energy projects in six African countries. The initiative […]

In a recent court ruling, the High Court in Lagos mandated that electricity companies in Nigeria provide consumers with three working days’ notice before interrupting their power supply. The case was brought by Lagos lawyer […]