Shell Nigeria Gas Limited (SNG) is expanding its operations in Ogun State with an agreement to provide gas to SG Industrial FZE, a steel company in the Guangdong industrial zone. This is part of the milestones support the Federal Government’s Decade of Gas initiative and the broader gas development agenda. The agreement adds to a…
The Niger Delta Power Holding Company (NDPHC) has successfully restored additional 450MW of generation capacity to the national grid following the completion of scheduled maintenance on the Geregu NIPP plant. A statement by Emmanuel Ojor, Head Corporate Communications and External Relations saysthe four-week extended minor inspection, undertaken by Siemens Energy, was executed to enhance the…
The Dangote Petroleum Refinery has stopped the monthly salaries of the engineers sacked in September during its face-off with the Petroleum and Natural Gas Senior Staff Association of Nigeria. In a bid to address this, PENGASSAN said it is engaging the Dangote Group to resolve the matter amicably instead of resorting to another industrial action….
Chairman of Dangote Group, Aliko Dangote, on Friday said Nigerians will no longer experience fuel queues during the Christmas and New Year seasons. Briefing State House correspondents after meeting with President Bola Tinubu at the Aso Rock Villa, Abuja, Dangote said his refinery has formally notified the Nigerian Midstream and Downstream Petroleum Regulatory Authority of…
State producer Saudi Aramco will reduce the price of its Arab Light grade for Asian customers to a 60-cent premium to the regional benchmark for January, according to a price list seen by Bloomberg. It’s the lowest since January 2021 and a drop that was largely in-line with a survey of refiners and traders. The…
The West African Centre for Oil Governance, WACOG, has urged member states of the African Regulatory Forum, AFRIPERF, to give full cooperation to Nigeria, stressing that the continent stands to gain from a unified platform capable of shaping policies that improve investor confidence and enhance energy security. The charge followed the emergence of the Chief…
UK supermajor Shell has announced it is pulling out of the initial phase of the multibillion-dollar Argentina LNG project, a year after announcing its participation in the project. Shell and Argentina’s state-controlled energy company YPF last December signed an agreement to develop the initial phase of the $50 billion flagship liquefied natural gas project. The…
• Expect improved gas supply for power sector – Ekpo Nigeria’s energy sector achieved a significant milestone as President Bola Ahmed Tinubu made strategic moves to promote upstream gas development and enhance gas-to-power generation. This initiative was reinforced by the National Economic Council (NEC), which approved the payment of legacy debts amounting to 185 billion…
The Federal Government has launched a $100 million equity investment scheme aimed at boosting the capacity of Nigerian companies operating in the oil and gas sector. The initiative was unveiled on Tuesday at the 2025 Practical Nigerian Content Forum in Yenagoa, Bayelsa State, by the Executive Secretary of the Nigerian Content Development and Monitoring Board…
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) remitted N8.79 trillion to the Federation Account jointly run by the federal government, state and local governments between January and October this year, according to a presentation at the November Federation Account Allocation Committee (FAAC) meeting. The commission also recorded a significant rise in revenue inflows for October…
