The Federal Government has appealed to partners in the Nigeria Liquified Natural Gas (NLNG) project to allow transportation of third-party gas through its joint pipelines to increase gas supply to the plant. Chief Timipre Sylva, Minister of State Petroleum Resources,…
Dangote’s 650,000 barrels per day of oil refinery being built in Nigeria is due to begin production by the fourth quarter of 2022. The Group Executive of the company, Mr. Devakumar Edwin stated this during the weekend. “75 per cent…
The European Union is considering proposing a full ban on imports of Russian coal after footage continues to emerge of alleged war crimes committed by Russian troops withdrawing from Ukrainian towns. The European Commission plans to propose coal to be…
Sojitz Corporation, a Japanese firm, has disclosed the reasons it is making a strategic investment in Helios Investment Partners, which owns all the shares of the Nigerian gas distribution company, Axxela. This was confirmed in a statement issued by the…
Nigeria’s energy supply in Nigeria rose by 3.6per cent to 99,881.49 megawatt-hour (MWh) on Sunday, 3rd April 2022 compared to 96,438.51MWh recorded in the previous day. This is according to data obtained from the website of the Transmission Company of…
An average of 32 power projects scheduled across multiple states have been unnecessarily delayed because of gaps in the implementation of the Right of Way, RoW resolutions. Minister of Power Abubakar Aliyu, said the projects account for an investment of…
Germany will face a steep recession if there is a stop to imports or delivery of Russian gas and oil, a top German bank lobby warned on Monday. Europe’s largest economy is heavily dependent upon Russia for energy, and nations’…
A cold snap swept across France Monday morning, forcing the country’s electricity grid manager to request businesses and households to reduce power consumption as energy prices spiked. This is happening as half of the country’s nuclear reactors are offline, and…
Nigeria in March recorded a sharp drop in oil output which was put at 100,000 barrels a day. This was partly attributed to force majeure declared on the Bonny and Brass River streams. Also, in March the Organisation of Petroleum…
Chevron Nigeria Limited (“CNL”), operator of the joint venture between the Nigerian National Petroleum Company Limited (NNPC) and CNL (“NNPC/CNL JV”), and Star Deep Water Petroleum Limited (“STAR”), a Chevron company and operator of the Agbami field, have both been…
