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Nigeria’s external reserves surge to $40.15bn on oil revenue gains
August 11, 2025FinanceOil & GasUpstream

Nigeria’s external reserves surge to $40.15bn on oil revenue gains

… Ojulari’s reforms in over 100 days drive stronger oil revenues Oredola Adeola Nigeria’s external reserves grew from approximately climbed to an eight-month high of $40.15 billion, marking a 1.5% increase from $39.54 billion on August 1, 2025, this is according…

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Ojulari, NNPC GCEO, seeks advanced technical partnership to revive PH refinery
August 6, 2025DocumentaryDownstreamFinanceImpactMidstreamNewsSpecial ProjectSustainability

Ojulari, NNPC GCEO, seeks advanced technical partnership to revive PH refinery

… rules out sale, affirms it will remain a national asset Oredola Adeola The Nigerian National Petroleum Company Limited (NNPC) has emphasized the need for advanced technical partnerships to restore the Port Harcourt Refining Company to full commercial viability. Group…

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Equipping next-gen energy professionals key to Nigeria’s energy security – NUPRC Chief Komolafe
August 5, 2025DocumentaryDownstreamEnergy TransitionFinanceGasGreen FinanceImpactLocal ContentMidstreamMultilateral FinanceNewsOil & GasSustainabilityTechnologyUpstream

Equipping next-gen energy professionals key to Nigeria’s energy security – NUPRC Chief Komolafe

… urges SPE, industry groups to tackle manpower gaps for future energy demands Oredola Adeola Engr. Gbenga Komolafe, Commission Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), has noted that equipping the next generation of energy professionals is…

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32nd AGM: Eterna Plc reports ₦4.48bn pre-tax profit in 2024
July 28, 2025DocumentaryDownstreamFinanceImpactMidstreamNews

32nd AGM: Eterna Plc reports ₦4.48bn pre-tax profit in 2024

…reverses ₦11.9bn loss with 136% gross profit surge …shareholders ratify appointment of Olumide Adeosun as CEO, Agagu-Adu, Ashiegbu as EDs Oredola Adeola Eterna Plc has posted a pre-tax profit of ₦4.48 billion for the fiscal year ended December 31, 2024,…

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Gas pricing disparity worsens power sector strain as GenCos buy at $2.70–$9MMBTU against $2.13MMBTU cap- Prof. Nnaji, Chairman Geometric Power
July 25, 2025DocumentaryFinanceGenerationNewsOil & GasPower

Gas pricing disparity worsens power sector strain as GenCos buy at $2.70–$9MMBTU against $2.13MMBTU cap- Prof. Nnaji, Chairman Geometric Power

… urges NMDPRA to reconcile regulated gas price with market rate   ... says- “If GenCos can’t recover expenses for operations, maintenance, there will be recurring power system failures”   Oredola Adeola Professor Barth Nnaji, Chairman of Geometric Power, has…

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NSML identifies skilled maritime workforce development as key to navigating global regulatory changes
July 21, 2025DocumentaryDownstreamFinanceGasImpactMaritimeNewsTechnology

NSML identifies skilled maritime workforce development as key to navigating global regulatory changes

… wins AMJON’s Maritime Excellence Service award for driving sustainable shipping, sector transformation Oredola Adeola   NLNG Shipping and Marine Services Limited (NSML) has identified the development of a highly skilled, adaptable, and future-ready maritime workforce as a key enabler for…

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NNPC/HEIRS Energies launches OML 17 university scholarship scheme targeting 300 students
July 21, 2025AdvertorialDocumentaryFinanceNewsOil & GasSpecial ReportTechnologyUpstream

NNPC/HEIRS Energies launches OML 17 university scholarship scheme targeting 300 students

…financial, educational support enrolment opens July 21, selection scheduled for September 2025 Oredola Adeola The Nigerian National Petroleum Company/HEIRS Energies Joint Venture has announced the plans to open enrolment for its scholarship scheme on July 21, 2025, under the OML…

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Float DisCos on stock market, end World Bank-loan guarantees for power sector – Damcida tells FG
June 30, 2025ConcessionDistributionDocumentaryEnergy TransitionFinanceGenerationGreen FinanceImpactInterviewNewsPowerSolarSpecial ProjectTransmission

Float DisCos on stock market, end World Bank-loan guarantees for power sector – Damcida tells FG

Mallam Ahmad Damcida, CEO/Managing Director of Energy Culture, during a Q&A session with Advisors Reports, evaluates the Federal Government’s current approach to financing the power sector, offers bold reforms for DisCos, and calls for accountability in the use of multilateral…

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Israel-Iran war: Global oil price hits $74/b, first time since Jan. 2024
June 15, 2025ConcessionDocumentaryFinanceOil & GasSecuritySpecial ProjectUpstream

Israel-Iran war: Global oil price hits $74/b, first time since Jan. 2024

… conflict wrecks key energy infrastructure, rattles global market Oredola Adeola Escalating hostilities between Israel and Iran have severely damaged critical oil infrastructure, triggering a sharp spike in global oil prices, as Brent crude surged by 11.71% from $66.45 on…

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FG to explore alternative debt facility to offset ₦2tn power sector legacy debt
June 3, 2025DistributionDocumentaryFinanceGenerationImpactNewsPower

FG to explore alternative debt facility to offset ₦2tn power sector legacy debt

— DMO, Minister of Economy lead strategy amid fiscal constraints Oredola Adeola The Federal Government, citing fiscal constraints, has announced plans to explore alternative debt instruments to offset the approximately ₦2 trillion legacy debt owed to power generation companies. The…

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