The Federal Government said it has progressed in its plan on the proposed transcontinental gas pipeline aimed at delivering its vast natural gas to European markets. The proposed pipeline, still at an early development stage, is being advanced by a consortium of global industry players and will be subject to extensive technical, commercial, and regulatory…
The minister of power, says the federal government has taken decisive steps to address persistent gas supply challenges affecting electricity generation. Adelabu spoke in his Eid-el-Fitr message on Thursday. In a statement on Thursday by Bolaji Tunji, his special adviser on strategic communication and media relations, the minister expressed confidence that recent interventions are beginning…
The Nigerian National Petroleum Company Limited has intensified efforts to ensure a steady crude oil supply to the Dangote Petroleum Refinery as part of moves to stabilise fuel availability across the country, especially with Brent hitting $108 per barrel. This comes amid heightened global oil market volatility occasioned by tensions in the Middle East and…
The Nigeria LNG Limited has inducted 103 trainees into its Vocational Innovation Business and Empowerment Scheme, marking a new cohort in the company’s empowerment programme. This was contained in a statement issued in Port Harcourt, Rivers State, on Monday by the NLNG Manager, Corporate Communication and Public Affairs, Anne-Marie Palmer-Ikuku. The induction, held in Port…
The Association of Energy Correspondents in Nigeria (NAEC) has elected a new set of executives for the next two years, returning Ugo Amadi of Champion Newspaper as National Chairman and Dr. Adeola Yusuf of Platforms Africa as Vice Chairman. The keenly contested election, which was held at the Association’s Secretariat, Obanikoro in Lagos, also saw…
Thirty-three young graduates of engineering, geology and related disciplines on Friday in Port Harcourt, Rivers State, underwent opening formalities for a 12-month training programme in pipeline engineering, corrosion control and monitoring. Organised under the Renaissance Africa Energy Company Limited and MJD Oilfield Services Limited Nigerian Content Human Capital Development (NC HCD) Training Programme, in partnership…
Shell’s Nigerian deepwater subsidiary has resumed production at the Bonga field, one of sub-Saharan Africa’s most significant offshore oil developments, after completing a major maintenance overhaul eleven days ahead of schedule, a result that will ease pressure on Nigeria’s beleaguered crude output figures and deliver a fresh financial boost to Africa’s largest economy. Shell Nigeria…
IPMAN rejects fuel imports as Dangote Refinery denies supply disruption claims The Dangote Petroleum Refinery has reversed its recent price reduction, raising its ex-depot price for Premium Motor Spirit back to ₦1,175 per litre, a move that has prompted depot operators across the country to temporarily suspend sales transactions. A source at the refinery confirmed…
The Nigerian Upstream Petroleum Regulatory Commission has declared that the era of oil companies holding on to exploration licences for years without developing the assets is officially over, as new provisions under the Petroleum Industry Act compel operators to either develop their fields or relinquish them. The Commission Chief Executive of the NUPRC, Oritsemeyiwa Eyesan,…
Chevron Nigeria Limited has reiterated its commitment to socio-economic development in the Niger Delta, signalling continued engagement with regional stakeholders over key infrastructure initiatives, including the proposed Escravos–Warri Road project. The company, operator of a joint venture with Nigerian National Petroleum Company Limited (NNPCL), said it remains actively involved in discussions surrounding the project and…
