The Minister of State Petroleum Resources (Oil), Sen. Heineken Lokpobiri, says Nigeria will meet and surpass the 2024 crude oil production budget benchmark of 1.7 million barrels per day (bpd). Lokpobiri said this at a stakeholder’s interactive session on Creating…
Nigeria recorded 127 crude oil theft incidents between December 2 and 8. This is according to data shared in a report by the Nigerian National Petroleum Company Limited (NNPC Ltd) via its X (formerly Twitter) account on Tuesday, December 12.…
SHENZEN LEMI Technology Development Company has agreed to set up a $150 million lithium battery manufacturing factory in Nigeria. The company made this known at the 2023 UN Climate Change Conference, COP28, in Dubai, United Arab Emirates following discussions with…
Yet to be identified persons have vandalised the Gwagwalada-Kukwaba-Apo 132KV Transmission line 1 between Towers 23 and Tower 25. The vandalisation of the line is suspected to have taken place about 1am on Sunday, December 10th, 2023 according to a…
The Nigerian Content Development and Monitoring Board (NCDMB) says it has rejected 328 expatriates jobs applications from oil firms. It also said that the board had completed 83 percent of the 96 initiatives under its strategic roadmap target. Manager, Strategy…
The Dangote refinery, with a capacity of 650,000 barrels per day (bpd), is projected to generate an annual revenue of $27 billion at full capacity, according to exclusive information reaching Nigerian NewsDirect. This new refinery is expected to yield approximately…
Community Energy Social Enterprise Limited (CESEL), a leading provider of sustainable energy solutions in Nigeria and sub-Sahara Africa, has recently commissioned a solar-powered oil palm mill and a solar-powered borehole in Osi Community, Osun State. This initiative comes shortly after…
OPEC has urged its member countries to reject calls for fossil fuel phase-out at the ongoing COP28. In a recent letter addressed to its members, Haitham Al-Ghais, the Secretary General of the Organization of Petroleum Exporting Countries (OPEC), said it…
The Transmission Company of Nigeria (TCN), Shiroro region, says it is overhauling all its equipment for improved power supply across the region. The General Manager of TCN Shiroro Region, Malam Maiwada Sarkin-Bello, disclosed this while addressing newsmen during a tour…
The Transmission Company of Nigeria (TCN), Benin region, says it has embarked on a series of projects aimed at grid expansion and upgrade in the sub region. Mr Isaac Okpe, General Manager, TCN, Benin region, stated this in Benin on…
