The Nigerian National Petroleum Company Limited (NNPC) plans to partner with private sector operators to rebuild and modernise its four refineries – located in Port Hacourt, Warri and Kaduna – with the aim to produce higher-quality fuels and improve operational efficiency. Bashir Bayo Ojulari, Group Chief Executive Officer said on Monday. Ojulari said the company…
The Nigerian Content Developmentv and Monitoring Board (NCDMB), in partnership with Renaissance Africa Energy Company Limited and First Exploration & Petroleum Development Company Limited (First E&P) recently launched the Nigerian Engineering Olympiad (NEO), an engineering competition aimed at addressing at inspiring engineering students to develop innovative projects that will solve societal problems. The project is…
In a decisive ruling that resets one of Nigeria’s most closely watched commercial disputes, the Federal High Court in Lagos has vacated the sweeping ex parte order previously granted against Nestoil Limited and Neconde Energy Limited, restoring both companies to full control of their assets and operations. Justice Daniel Osiagor, who recently took over the…
The Federal Government, through the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) yesterday announced the review of over 215 gas utilization projects across Nigeria, identifying 70 high-impact initiatives with a combined potential demand of 15 billion standard cubic feet of gas per day (bscf/d) and the capacity to attract more than $20 billion in…
Monday Okpebholo, governor of Edo state, has revoked the certificate of occupancy (C-of-O) previously granted to the Museum of West African Art (MOWAA). The revocation comes after growing public discontent and objections from Oba Ewuare II, the Oba of Benin, over the demolition of the Central Hospital in Benin City to make way for the…
Seplat Energy Plc, leading Nigerian independent energy company, has held the 2025 Annual Media Training Programme in Abuja, in line with the company’s commitment to media excellence, entrepreneurship and economic well-being. A press statement Mr. Stanley Opara, Manager Corporate communications, says the training programme, which had in attendance 50 journalists, brought together media professionals in…
The Chairman, Advisory Board of of OTL, Africa, Downstream Energy Week, Otunba Adetunji Oyebanji, says Energy sustainability is not just about preserving resources, but it is also building an industry that is competitive, responsible, and adaptable to a rapidly changing global environment. Otunba Oyebanji stated this at the opening session of the 19th OTL Africa…
This year’s edition of the Africa Downstream Energy Week, tagged “OTL 2025” is expected to feature ministerial and regulatory panels involving five West African countries, with over 60 speakers across ten strategic sessions addressing issues around investment, finance, technology, corporate realignment and sustainability. The Chairman of the Advisory Board, Otunba Adetunji Oyebanji, made this known…
When the Nigerian Electricity Regulatory Commission (NERC) unveiled a N28 billion bailout for electricity distribution companies last month, the announcement landed with both optimism and fatigue. The funds are earmarked to procure and install meters for customers in tariff Bands A and B, at no cost to consumers. The move is part of the broader…
The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, said investor confidence is back in Nigeria’s oil sector. The Minister commended the Nigerian Upstream Petroleum Regulatory Commission, NUPRC for changing the narrative in upstream activities by restoring confidence in line with the Petroleum Industry Act (PIA), 2021, which he said is evident in…
