Industry News

Industry News2026-10-30T12:46:56+01:00

Our industry news page curates and displays headlines along with brief descriptions of the latest developments in the oil, gas, and energy industry in Nigeria. The content is sourced from various media outlets across the country, offering a comprehensive overview of the sector’s current events and trends.

October 30, 2026

TCN restores 132KV Karu-Keffi-Akwanga line after three towers collapse
The Transmission Company of Nigeria, TCN, says it has restored the 132KV Karu-Keffi-Akwanga transmission line after reconstructing three towers Read more…

IYC demands arrest of oil tanker owner over Kula deaths
The Ijaw Youth Council, IYC, has demanded the immediate arrest and prosecution of the owner of a crude  oil vessel and two tugboats linked to a fatal boat mishap in Kula Kingdom, Read more…

Journalists urged to spotlight women’s hidden cost of Niger Delta oil pollution
Journalists have been urged to give greater visibility to the health, livelihood and environmental challenges faced by women in oil-producing communities, Read more…

NISO moves to protect national grid as state power markets expand
The Nigerian Independent System Operator, NISO, is developing a formal coordination framework with state electricity markets to prevent fragmentation of Nigeria’s power sector Read more…

FG targets three power corridors to stabilise grid, boost electricity supply
The Federal Government is prioritising three economic  energy corridors as part of a broader strategy to stabilise Nigeria’s electricity grid, Read more…

China’s wind and solar capacity tops 2,000GW as clean energy expands
China’s installed wind and solar power capacity exceeded 2,000 gigawatts, GW, by the end of September 2026, reinforcing the country’s position as a global leader in renewable  energy deployment. Read more…

Prioritise gas supply to industries, settle power-sector debts, govt urged
The Chemical and Non-Metallic Products Employers’ Federation (CANMPEF) has urged the Federal Government to prioritise gas supply to industry Read more…

NUPRC gets methane tracker to drive gas emission reduction target
The guidelines of the Nigerian upstream petroleum regulatory commission (NUPRC) requiring oil and gas operators to move from estimated emissions reporting to measurement-based reporting by the first quarter of 2027 Read more…

Seven modular refineries to begin operations in 2027
Nigeria’s modular refining sector is expected to expand next year, with seven new refineries projected to commence operations with a combined capacity of 83,000 barrels per day, Read more…

Police confirm sergeant’s arrest over Abia pipeline vandalism
The Abia State Police Command on Thursday confirmed the arrest of a police sergeant along with 18 others over the theft of underground pipelines along the Nkwonta axis Read more…

Power conference rescheduled to align with FG reforms
The Nigerian Electricity Supply Industry Week has been rescheduled to 13-19 December 2026, from its earlier 15 November date to align the conference with ongoing power sector reforms. Read more…

Nigerians turn to solar as grid power falters
Nigerians are increasingly turning to solar power as inadequate electricity supply from the national grid drives demand for alternative energy sources, Read more…

Falana tasks Senate on recovery of $123bn, N66bn oil funds
Human rights lawyer, Femi Falana, has asked the National Assembly to compel the recovery of $123.17bn in alleged outstanding oil royalties, taxes and dividends, alongside N66.4bn, Read more…

DisCos collect N1.63tn in eight months, miss N387bn
Electricity distribution companies collected N1.63tn from customers between January and August 2026 but failed to recover N387.19bn of the N2.01tn billed during the period, Read more…

Apapa access road overloaded with 7,000 trucks daily – NPA
The Managing Director of the Nigerian Ports Authority, Dr Abubakar Dantsoho, has stated that the Apapa access road, designed to accommodate approximately 2,400 trucks daily, Read more…

SON, Government, Industry Stakeholders Launch National Cylinder Recirculation Programme to Advance LPG Safety, Economic Growth, Clean Cooking
The Standards Organisation of Nigeria (SON), working with government and industry stakeholders, has announced the launch of the National Cylinder Recirculation Programme (NCRP), Read more…

Seplat Discovers 157 Billion Cubic Feet of Gas, Grows Revenue to $2.76bn
Seplat Energy Plc yesterday announced an oil and gas discovery at its Aku-01 exploration well in Nigeria, with preliminary internal estimates indicating a humongous 157 Billion Cubic Feet (BCF) of gas Read more…

Shipping Experts Berate Banks, NIMASA Over Slow Pace of Cabotage Vessel Financing Disbursements
Shipping experts yesterday in Lagos blamed the Nigerian Maritime Administration and Safety Agency (NIMASA) poor regulatory framework Read more…

Omokri Targets Mexican Market for Nigerian Refined Petroleum, Fertiliser
Nigeria’s Ambassador to the United Mexican States, Reno Omokri, has unveiled plans to deepen economic relations between Nigeria and Mexico through increased export of refined petroleum products Read more…

Court Stops EFCC from Pursuing Criminal Case Against Chappal Energies Founder
The High Court of the Federal Capital Territory (FCT), Abuja, has restrained the Economic and Financial Crimes Commission (EFCC) from taking further steps in a criminal case against the founder of Chappal Energies Limited, Read more…

NERC: W’Bank Must Reconsider Investment of $750m Fund Solely on Off-grid Power
The Chairman of the Nigerian Electricity Regulatory Commission (NERC), Dr. Musiliu Oseni, has questioned the concentration of World Bank funding to off-grid rural electrification projects Read more…

Off-Grid Solar Is Now the Cheapest Power for Nearly 400 Million People
The World Bank now ranks off-grid solar as the cheapest way to bring electricity to at least 398 million people who still live without it. Read more…

Houthis Claim Fresh Strikes on Saudi Oil Refineries and Aramco Facilities
The Yemeni Houthis claimed a fresh series of attacks on Saudi targets, including oil infrastructure: two refineries and a facility at the Abqaiq oil field. Read more…

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