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The Oil and Gas Trainers Association of Nigeria (OGTAN) has announced plans to confer prestigious awards and recognitions on the Nigerian Content Development and Monitoring Board (NCDMB), TotalEnergies, and other key players in the country’s energy industry. In a statement issued to the media, the association confirmed that the awards ceremony will take place in ...
The Federal Government, through the Presidential Initiative on Compressed Natural Gas (PiCNG), has rejected reports alleging the withdrawal of subsidies and a rise in the pump price of Compressed Natural Gas (CNG). The response follows a recent media publication claiming that the cost of CNG had jumped from N230 to N450 per standard cubic metre. ...
By Olakunle Oke Nigerian crude grades maintained a strong footing above the $71 mark during mid-week trading, providing a measure of stability in a global oil market that continues to face volatility. Bonny Light and Brass River each settled at $71.40 per barrel, according to data from market trackers. The resilience of Nigerian blends came ...
The Nigerian Electricity Regulatory Commission (NERC), has revealed that 691,639 electricity customers in the South East are unmetered by the Enugu Electricity Distribution Company (EEDC). has only 704,801 metered customers out of its total customer base of 1,369,440 in the South-East region. Mr Chinedu Anyigor, Senior Manager, NERC, made the revelation at a three-day Town ...
The Presidential Initiative on Compressed Natural Gas (P-CNGI) says no directive or policy has been issued by the Federal Government to alter CNG pump prices nationwide. Matilda Johnson, Brands and Corporate Communications Manager, P-CNGI, said this on Thursday in a statement made available to news men in Abuja. Johnson re-echoed Federal Government’s assurance that CNG ...
Indus Towers Limited, a leading provider of passive telecom infrastructure, has announced plans to enter the African market as part of its international expansion strategy. The company’s Board of Directors approved the move at a meeting yesterday, underscoring its ambition to extend operations to high-growth regions. The first phase of this venture will focus on ...
By Olakunle Oke Gas deliveries to Nigeria’s power sector climbed to their highest level in three months, averaging 862.86 million standard cubic feet per day (MMSCF/D) in July 2025, according to fresh data from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). The July figure reflects a 3.48 per cent month-on-month increase from June’s 833.86 MMSCF/D ...
British oil major Shell has confirmed it is scrapping plans to complete one of Europe’s largest biofuel plants in the Netherlands, citing market pressures and a renewed focus on its fossil fuel business. The company revealed on Wednesday that it has officially abandoned construction of the renewable energy facility in Rotterdam. Work on the plant, ...
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has been praised for its role in overseeing the successful execution of a Production Sharing Contract (PSC) for two offshore oil blocks awarded to the TotalEnergies–Sapetro Consortium. Stakeholders have described the development as a significant step forward in Nigeria’s ongoing oil sector reforms. The formal signing ceremony for ...
Nigeria’s $20 billion Dangote Petroleum Refinery has shipped its first gasoline cargo to the United States, marking a pivotal moment in the country’s growing influence in international oil product markets. The 300,000-barrel consignment departed from the refinery’s jetty near Lagos on 26 August aboard the vessel Gemini Pearl, according to shipping intelligence firm Kpler and ...
The Bureau of Public Enterprises (BPE) has announced plans to list two electricity distribution companies (DisCos) and one generation company (GenCo) on the Nigerian Stock Exchange through an Initial Public Offer (IPO). Director-General Ayodeji Gbeleyi disclosed this during a media briefing in Abuja on Tuesday. He declined to reveal the names of the companies, citing ...
The Federal Government has fixed the retail price of compressed natural gas (CNG) at N380 per standard cubic metre (SCM) in Lagos and Abuja, aligning the two cities with the uniform pricing structure already enforced across other parts of the country. The harmonised price took effect on 1 September 2025, following its rollout in other ...
By Seun Ibiyemi The Nigerian National Petroleum Company Limited (NNPC Ltd.) has announced the appointment of Mr Andy Odeh and Mrs Morenike Adewunmi to strategic leadership positions, strengthening its corporate communications and stakeholder engagement teams. A statement issued by the company’s management on Tuesday confirmed that Odeh has been named Chief Corporate Communications Officer, while ...
The organisers of the E1 Series and the Lagos State Government have announced their readiness to host the first-ever E1 Electric Powerboat Championship in Africa, set to take place from October 3 to 5 in Victoria Island, Lagos. The landmark event is expected to bring together over 250 sports personalities from around the world. This ...
NNPC Ltd has announced the the appointment of Mr. Andy Odeh as the Chief Corporate Communications Officer. Andy, a former executive at NLNG replaces Femi Soneye who resigned his position. The company also announced Mrs. Morenike Adewunmi as the Chief Relations Officer. Mr. Odeh brings over three decades of extensive experience in communications and business ...
By Temitope Ajayi When Prime Minister Shigeru Ishiba addressed African leaders and multilateral development partners who converged on the port city of Yokohama at the just-concluded 9th Tokyo International Conference, he was clear about the impending mission. Delving into the summit’s history, which started in 1993 as his launching pad, the Prime Minister said the ...
TotalEnergies and South Atlantic Petroleum (Sapetro) have signed a Production Sharing Contract (PSC) for two offshore blocks covering roughly 2,000 square kilometres in the prolific Niger Delta Basin. The PSC, which applies to Petroleum Prospecting Licences (PPLs) 2000 and 2001, was awarded during the 2024 licensing round. The agreement represents the first deepwater offshore PSC ...
The Nigeria Liquefied Natural Gas Limited (NLNG) has awarded postgraduate scholarships to seven exceptional Nigerian graduates to pursue master’s degrees in the United Kingdom. Mrs Sophia Horsfall, NLNG’s General Manager for External Relations and Sustainable Development, disclosed this in a statement issued on Monday in Port Harcourt by the company’s spokesperson, Mrs Anne-Marie Palmer-Ikuku. Horsfall ...
The Minister of State for Petroleum Resources (Gas), Rt. Hon. Ekperikpe Ekpo, has stated that gas-to-methanol projects could play a central role in Nigeria’s economic transformation, boosting industrial growth, generating employment, and attracting foreign investment. Speaking at the Niger Delta Oil and Gas Investment and Security Summit in Calabar, Cross River State, Ekpo said Nigeria’s ...
Minister of State Petroleum Resources (Gas), Rt. Hon. Ekperikpe Ekpo, has described gas-to-methanol projects as a new frontier for Nigeria's economic prosperity, highlighting their vast potential to drive growth and development in the country. Speaking at the Niger Delta Oil and Gas Investment and Security Summit with the theme “The Decade of Gas and Investment ...
...Boosts Nigeria’s clean energy transition Tetracore Energy Group Limited has inaugurated its Phase II Compressed Natural Gas (CNG) facility in Ogun State, boosting its total delivery capacity to 6.2 million standard cubic feet per day (MMscfd) and reinforcing Nigeria’s quest for affordable and cleaner energy solutions. The new facility, situated along the Benin–Sagamu Expressway in ...
Imo State Governor and Chairman of the Crude Oil Theft and Management Committee, Hope Uzodimma, has announced that the committee is working closely with the Nigerian National Petroleum Company Limited (NNPCL) to raise Nigeria’s crude oil output to three million barrels per day, in line with the target set by President Bola Tinubu. Uzodimma disclosed ...
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has recognised three petroleum marketers in Adamawa State for their consistent adherence to regulations on accurate fuel dispensing. The awards were presented by the NMDPRA State Coordinator, Bashir Kafur, during the agency’s 3rd Quarter Stakeholders’ Engagement Meeting held last Friday in Yola. Kafur explained that the ...
