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By Olakunle Oke Senator Heineken Lokpobiri, the Honourable Minister of State for Petroleum Resources (Oil), has strongly urged Nigeria and other African nations to ramp up investments in oil and gas, maintaining that hydrocarbons remain crucial for global energy stability despite the pressure for a shift to net-zero emissions. Speaking at the OTL Africa Downstream ...
By Olakunle Oke Partd of Maiduguri, the Borno State capital, as well as Damaturu in Yobe State and surrounding communities are experiencing a partial blackout as the Transmission Company of Nigeria (TCN) reported the vandalism of one of its towers, identified as Tower T347, along the Gombe Damaturu 330kV transmission line. According to a statement issued by ...
...aims to surpass India’s Jamnagar Refinery, achieve $55bn revenue By Olakunle Oke President of Dangote Industries Limited, Aliko Dangote, has given reasons why the Dangote Petroleum Refinery aims to double its refining capacity by 2028. Speaking at a press conference in Lagos on Sunday, the President of Dangote Group, Aliko Dangote, said the expansion reflects confidence in ...
In a significant stride toward deepening economic ties between Nigeria and Norway, Africa’s Global Bank, United Bank for Africa (UBA) has partnered with Renewvia Solar Nigeria to deploy renewable energy solutions across 25 UBA branches in five Nigerian states. The initiative was formalised at the official Ribbon Cutting ceremony held at the UBA Oba Akran ...
The Federal Government has introduced the Nigerian Gas Vehicle Monitoring System (NGVMS), a new digital framework designed to regulate the conversion of vehicles to Compressed Natural Gas (CNG) and ensure safety, transparency, and environmental compliance across the sector. The Minister of State for Petroleum Resources (Gas), Rt. Hon. Ekperikpe Ekpo, unveiled the system on Thursday ...
The Ogun State Government has finalized a major partnership aimed at accelerating Nigeria’s transition to clean energy, announcing the signing of a Memorandum of Understanding (MoU) for the development of a 500-Megawatt (MW) Solar Photovoltaic (PV) Manufacturing Plant. The state government, represented by Governor Prince Dapo Abiodun, entered the tripartite agreement with the Rural Electrification ...
By Olakunle Oke Shell Nigeria Exploration and Production Company Limited (SNEPCo), a subsidiary of Shell plc, in partnership with Sunlink Energies and Resources Limited, has reached a final investment decision (FID) on the HI Gas Project located offshore Nigeria. The project, upon completion, is expected to deliver 350 million standard cubic feet of gas per ...
By Olakunle Oke The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has reaffirmed its commitment to driving decarbonisation in the country’s oil and gas sector through a strategic partnership with the World Bank Group and other multilateral organisations. The collaboration aims to enhance the capacity of industry operators in methane abatement and emissions management as part ...
By Olakunle Oke The Federal Government has announced plans to formalise over $400 million in new renewable energy investments within the next two days. Vice President Kashim Shettima made the disclosure on Tuesday at the inaugural Nigerian Renewable Energy Innovation Forum 2025 held in Abuja. Speaking, he said the move is part of ongoing efforts ...
The Nigerian Content Development and Monitoring Board (NCDMB) recently hosted a Stakeholders Sensitization and Engagement Forum in Port Harcourt to clarify regulatory processes and highlight funding opportunities for indigenous oil and gas companies, community contractors, and vendors. The event, held on Wednesday, focused on several key areas, including clarifying the process for issuing the Nigerian ...
Shell Nigeria Exploration and Production Company Limited (SNEPCo), a subsidiary of Shell plc, and its joint venture partner, Sunlink Energies and Resources Limited, have signed a Final Investment Decision (FID) on the HI Gas Project offshore Nigeria. In a statement issued on Tuesday, Shell confirmed that the project, upon completion, will supply 350 million standard ...
...orders clampdown on Marketers hoarding product By Olakunle Oke The Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, has assured Nigerians of a gradual reduction in the price of Liquefied Petroleum Gas (LPG), commonly known as cooking gas by next week. Ekpo in a statement on Monday urged Nigerians to remain calm, assuring that the hike ...
By Olakunle Oke Speaker of the House of Representatives, Rt. Hon. Tajudeen Abbas has stated that the success of the downstream sector depends on improved infrastructure, stable policy frameworks, and increased local investments, especially in Liquefied Petroleum Gas (LPG) and Compressed Natural Gas (CNG) facilities. Speaking on Monday at the First Annual Downstream Petroleum Week, organised by ...
...cites ambiguities in Presidential order Pioneer Executive Secretary of the NCDMB, Dr. Ernest Nwapa has called on stakeholders not to blame the local content policy implementation for stifled investments in the oil and gas industry in previous years. Speaking at the Nigerian Content Academy Lecture Series organised by the Nigerian Content Development and Monitoring Board (NCDMB) on ...
Sterling Oil Exploration and Energy Production Company (SEEPCO) Ltd has declared that its commitment to sustainability initiatives is beyond mere compliance. The company made this known when it received the Sustainability Company of the Year award at the 2025 Annual Energy Conference of the Association of Energy Correspondents of Nigeria held at the Eko Hotels and Suites, ...
A leading indigenous oil and gas service company, Tamrose Limited has completed the repayment of a $10 million facility obtained from the Nigerian Content Intervention Fund (NCI Fund), a dedicated financing scheme managed by the Nigerian Content Development and Monitoring Board (NCDMB) to strengthen capacity in Nigeria’s oil and gas sector. The Board confirmed that the final ...
The Nigerian Content Development and Monitoring Board has bagged the Local Content Champion of the Year Award at the 2025 Annual Energy Conference of the Association of Energy Correspondents of Nigeria held at the Eko Hotels and Suites, Victoria Island, Lagos recently. Representing the Executive Secretary, Engr. Felix Omatsola Ogbe, the General Manager, Corporate Communications, Dr. ...
By Olakunle Oke Nigeria’s total crude oil and condensate production experienced a decline in September 2025, falling to an average of 1.581 million barrels per day (bpd), according to data released by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). The September output comprised 1.39 million bpd of crude oil and 191,373 bpd of condensates. The ...
The Dangote Petroleum Refinery has dismissed reports alleging that it imported premium motor spirit (PMS) with high sulphur content into Nigeria, describing the claims as “false, malicious, and misleading.” In a statement issued on Friday, the refinery clarified that the cargo being referred to in the reports was not finished petrol but an intermediate feedstock ...
Solewant Group has announced that the 9th edition of its annual Energy Summit will hold from November 27 to 28, 2025, at the Solewant Industrial Park, Alode-Onne, Port Harcourt, Rivers State. The event, themed “Emerging Technologies and the Future of Sustainable Energy Development in Africa,” will examine how Artificial Intelligence (AI), robotics, automation, data analytics, ...
By Sodiq Adelakun The Lagos State Government has issued a traffic advisory ahead of the six-week repair of the Adeniji Adele Interchange–CMS corridor, scheduled to commence on Sunday, October 12, 2025, and end on Sunday, November 23, 2025. According to a statement released on Wednesday by the Lagos State Ministry of Transportation, the rehabilitation project ...
In the pursuit for improved corporate governance, enhanced performance and effective service delivery to the nation and citizens, the Nigerian Content Development and Monitoring Board (NCDMB) and the Niger Delta Development Commission (NDDC) on Tuesday held a knowledge exchange session, leading to a strong committing to inter-agency collaboration, peer review of operations. The session held ...
