The Governments of Nigeria and the Republic of Equatorial Guinea have opened discussions regarding new partnership opportunities such as the establishment of a joint logistics base, deployment of indigenous capacities across countries, and lowering the costs of major oil and…
Eko Electricity Distribution Company (EKEDC) has disclosed that Ministries, Departments and Agencies owed the DisCo over N42 billion to date. The Chief Executive Officer, EKEDC, Dr Tinuade Sanda disclosed this during a customer engagement forum organised by the company on Thursday…
In a bid to effectively capture the over $18 billion worth of investment in Ubetta and Prowei projects (Total Energies), FDI on Bonga-North (SNEPCO), Agbami Gas Project (Stardeep), and Owowo (Esso) and other Nigeria’s upcoming upstream projects, the Nigerian Government…
There is a severe need for funding in the upstream and midstream segment of the energy sector in Nigeria, and relevant success stories from the country will facilitate these investments, the Chief Executive Officer, Seplat Energy Plc, Mr. Roger Brown,…
By Ibiyemi Mathew Following the ambiguity in the Petroleum Industry Act (PIA) to clearly spell out the roles of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) without conflicting, both agencies have been in…
Gov Abdullahi Sule of Nasarawa State on Wednesday inaugurated the construction of 23 metric tonnes Liquefied Natural Gas (LNG) and 1,500 standard cubic metres Liquefied Compressed Natural Gas (LCNG) project in Lafia. The project in collaboration with Greenville LNG was…
The Nigeria National Petroleum Company Limited (NNPCL) has said it is projecting Nigeria’s oil production to hit 1.8 million barrels per day by the fourth quarter of this year. The Executive Vice President, Upstream, NNPCL Engr. Adokiye Tombomieye attributed the projections…
The Organization of Petroleum Exporting Countries, OPEC, has predicted rise in global energy demand by 2045. According to OPEC’s Secretary General Haitham Al Ghais, global primary energy demand is expected to surge by 23 per cent by 2045, adding that…
The Ibadan Electricity Distribution Company (IBEDC) Plc. has announced upcoming upgrade of its Standard Transfer Specification (STS) prepaid meters to enhance efficiency that aligns with global standards. The upgrade known as Token Identification (TID) Rollover aims to ensure continued seamless…
…tasks stakeholders on deliberate plans, partnership to boost efficiency By Mathew Dennis, Abuja The Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPCL), Mr Mele Kyari has provided updates on the NNPCL’s intention to make an…
