guardian.ng energy news headlines

The Nigerian National Petroleum Company Ltd (NNPCL) has announced that it recently commissioned 12 new Compressed Natural Gas (CNG) stations. The NNPCL made this announcement in a statement on its X handle on Thursday, accompanying the post with a video of one of the CNG stations. Join us to celebra

Lagos State has received an additional 13 Band A feeders following approval from the Nigerian Electricity Regulatory Commission (NERC). NERC on Wednesday approved the upgrade of 13 more feeders from Band B to Band A for Ikeja Electricity Distribution Company (IKDC), Lagos which confirmed the develop

Experts in the oil and gas sector have said the current regulated pricing of Premium Motor Spirit (PMS) in Nigeria, is significantly hindering private-sector refineries from adopting a cost-reflective approach. They argued that this approach discourages investment in refining, infrastructure and tec

Asharami Synergy Limited, a Sahara Group downstream company in Nigeria, has called for increased investment in energy infrastructure through Public-Private Partnerships (PPPs) and enhanced collaboration among stakeholders to drive sustainable regulation, growth, and development of the sector. The co

A Nigerian Engineering, Procurement, Construction and Commissioning (EPCC) company, Nestoil has raised concerns over the impacts of the nation's contract bidding process, insisting that the development will affect local content growth and export of skills from Nigeria to other African countries. Spe

Salpha Energy has been awarded a £25,000 grant from the Ashden Awards, supported by the Department for Energy Security and Net Zero, aimed to support the company's mission in enhancing the production of African-made solar systems and direct current (DC) appliances, facilitating Africa's transition t

The Nigerian National Petroleum Company Ltd (NNPCL) has declared a state of emergency on production in the country's oil and gas industry. NNPC spokesman, Olufemi Soneye, in a statement on Tuesday said it is in a move towards increasing Nigeria's crude oil production and growing its reserves. Soneye

•NNPC probes lubricants-for-petrol claims The Downstream Committee of the Senate has disclosed that the refineries in the country will commence operations before the year runs out. Also, the Nigerian National Petroleum Corporation (NNPC) Retail Limited has launched investigation into a viral video s

Nigeria may be seeing the first major final investment decision (FID) in the oil and gas sector under President Bola Tinubu as President and Minister of Petroleum Resources as the Nigerian National Petroleum Company Limited and Total Energies yesterday sealed a pact for a $550 million Ubeta project.