Nigeria To Lead Africa’s Contribution to Global Oil and Gas Spending
Nigeria is protecting itself to lead Africa’s oil and gas spending, as the continent is expected to contribute $41 billion to the projected $504 billion global Exploration and Production (E&P) capital expenditure by 2026.This is according to the African Energy Chamber’s (AEC) State of African Energy 2026 Outlook Report.The report explains that what is driving […]
Nigeria Records Major Growth in Gas Processing, Downstream Infrastructure
Nigeria’s gas commercialisation drive is gaining momentum as new figures from the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) show significant expansion in processing capacity and fuel distribution infrastructure.According to the Authority, Nigeria’s total installed gas processing capacity reached 6.1 billion standard cubic feet per day (bscf/day) as of October 2025.An additional 11.05 bscf/day […]
NNPC/Heirs Energies Doubles Gas Output
Gas supply in the country received a significant enhancement as the NNPC/Heirs Energies OML 17 Joint Venture (JV) announced an increase of 135 million standard cubic feet per day (MMscf/d), further bolstering the nation’s energy security. This achievement, realised through a rigless recompletion of a key non-associated gas well in OML 17, is regarded as […]
FG to Roll Out 500 CNG Stations Nationwide in Three Years to Cut Fuel Costs
The Federal Government has unveiled an ambitious plan to establish 500 Compressed Natural Gas (CNG) refuelling stations across Nigeria within the next three years, a major push to expand clean-energy infrastructure and reduce dependence on petrol. This follows the conclusion of high-level discussions between the Midstream and Downstream Gas Infrastructure Fund (MDGIF) and leading Chinese […]
Govt Pledges Support for Renaissance -Petroleum Minister
The Federal Government of Nigeria has pledged its support for Renaissance Africa Energy Company Limited as the firm moves to boost Nigeria’s oil and gas production by 40 percent following Shell’s exit from onshore operations. A statement on Thursday, November 13, 2025, revealed that at the 43rd Annual International Conference of the Nigerian Association of […]
Nigeria Targets $20bn Boost from 70 Priority Gas Projects to Drive Industrial Growth
Nigeria is set to attract up to $20 billion in fresh investments through 70 priority gas projects, as part of renewed efforts to harness its vast natural gas reserves for industrial growth, job creation, and energy security. The Chief Executive Officer of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Farouk Ahmed, disclosed this […]
$2 Billion Shell Gas Investment Boosts Nigeria’s LNG Export Ambitions
The Nigerian economy received a significant boost on Tuesday with the announcement of a $2 billion Final Investment Decision (FID) by Shell Nigeria Exploration and Production Company Limited (SNEPCo) and its partner, Sunlink Energies and Resources Limited, for the new HI Gas Project. This offshore development, located in Oil Mining Lease (OML) 144, is a […]
Cooking Gas Prices Skyrocket Nationwide Despite End of PENGASSAN Strike
Prices of Liquefied Petroleum Gas (LPG), commonly known as cooking gas, have surged dramatically across Nigeria, leaving many households grappling with rising living costs. Market surveys show that the price of cooking gas has climbed as high as ₦3,200 per kilogramme in some parts of the country — a 100 percent jump from the ₦1,600 […]
FG Flags Off Verification of Crude Oil, Gas Assets in Rivers, Other States
The Federal Government has commenced a fresh verification exercise on disputed and recently drilled crude oil and gas fields and wells across the Niger Delta. Speaking at a press briefing in Asaba, Chairman of the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC), Dr Mohammed Shehu, explained that the initiative was designed to guarantee that oil-producing […]
Stakeholders Call for Clampdown on Emission of Harmful Gas
On the occasion of the International Day for Preservation of the Ozone Layer, the need to protect the atmosphere from harmful substances such as vehicular emissions, bunkering activities and other environmental hazards has been emphasized. The Dean, Faculty of Social Sciences of the Ignatius Ajuru University of Education, Rivers State, Professor Hyginus Oku who stated […]
NNPC Seeks $60B for Gas Infrastructure Growth
Nigeria’s energy sector is gearing up for significant expansion as the Nigerian National Petroleum Company Limited (NNPCL) announces ambitious plans to secure $60 billion in investments over the coming five to seven years. This initiative, unveiled at the Gastech Exhibition and Conference in Milan, Italy, on September 10, 2025, focuses on enhancing natural gas production […]
NNPC is Under Attack, Says Ojulari Amidst Reforms
The Group CEO of NNPC Ltd., Engr. L Bayo Ojulari, has revealed that the company is facing what he described as “attacks” from individuals who oppose the ongoing transformation efforts. The company, in a statement posted on its X page overnight, said Ojulari made this known while speaking to a delegation from the Petroleum & […]