Energy Correspondents working with news media companies in Nigeria have elected new executives for their umbrella association, The association of energy correspondents of Nigeria (NAEC). The new executives were elected at an election conducted at the NAEC national secretariat in…
The Nigeria Extractive Industries Transparency Initiative (NEITI) is appealing to the Federal Government for an improved gas policy for the country following the global upsurge in energy transition. Its Executive Secretary, Dr Ogbonnaya Orji, made the appeal at the closing…
…Stocks 450,000 barrels of oil The Group Managing Director of the Nigerian National Petroleum Company Limited, Mele Kyari, has said the Port Harcourt refinery will commence operations in about two weeks time. According to Kyari, mechanical works have been completed…
Given the importance of Research and Development to growing Nigerian Content in the oil and gas industry and meeting the objectives of the Nigerian Content 10-year strategic roadmap, the Nigerian Content Development and Monitoring Board (NCDMB) on Wednesday began a…
The number of functional oil drilling rigs across the country increased marginally to 16 in February, data from the latest March 2024 Monthly Oil Market Report of the Organisation of Petroleum Exporting Countries has shown. Figures released by OPEC indicated…
UTM Offshore Limited, promoter of Nigeria’s first Floating Liquefied Natural Gas (FLNG) facility, has requested the Nigerian Content Development and Monitoring Board (NCDMB) to invest equity in the project and to accelerate key approvals that would fast-track the project’s development.…
The Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ola Olukoyede has called for enhanced local capacities to grow the oil and gas industry in Nigeria. He made this call in Abuja on Wednesday, March 13, 2024…
Two engineering firms – Credco and Vergnet, a French Wind Turbine Company have proposed to build a 30 megawatts windfall and solar hybrid plant in the Lekki area of Lagos state. This is according to reports during the presentation of…
The Organisation of Petroleum Exporting Countries (OPEC) said crude oil output increased mainly in Nigeria and Libya, while production in Iran and Iraq decreased. OPEC said based on secondary data sources, total OPEC-12 crude oil production averaged 26.57 mb/d in…
The Kaduna Electric, on Thursday, published the list of customers who had been refunded after being over-billed by the DisCo as directed by the Nigerian Electricity Regulatory Commission (NERC). The full list of over 49,000 customers has been uploaded on…
