As the women in Energy Network, WIEN, inaugurates a new leadership and celebrate the legacy of incredible impact in five years of its inception, the organisation calls on women across the energy value chain to connect with the platform to grow and shape the future of the energy sector. The president of WIEN, Mrs. Eyono…
NNPC Limited declares its financial performance for the full year ended2024, reporting a Profit After Tax of ₦5.4 trillion on revenue of ₦45.1 trillion. This was contained in a statement by the Chief Corporate Communications Officer, Andy Odeh to the media. Building on this performance, the Company unveiled its strategic roadmap to drivesustained growth and…
TotalEnergies SE Chief Executive Officer Patrick Pouyanne said European nations should avoid becoming too reliant on imports of US liquefied natural gas as they prepare to further trim supplies from Russia. US President Donald Trump “seeks somehow to replace the Russian dependency with an American dependency” as Europe looks for energy, Pouyanne said on LCI…
The Federal Government has inaugurated a 1.5-megawatt solar hybrid mini-grid at the National Orthopaedic Hospital, Dala, Kano, to boost reliable and affordable electricity supply for medical services. The Rural Electrification Agency’s Managing Director, Abba Abubakar-Aliyu, disclosed this on Thursday during the groundbreaking ceremony in Kano. The event also featured the presentation of a 1.5-Tesla Magnetic…
The House of Representatives’ Ad-hoc Committee on Pre-shipment Inspection of Exports and Non-Remittance of Crude Oil Proceeds has raised the alarm over massive revenue leakages that threaten Nigeria’s economic development. Chairman of the committee, Rep. Seyi Sowunmi (LP–Lagos), said at the opening of a capacity-building workshop in Abuja on Tuesday that billions of dollars are…
Saudi giant signed agreements and MoUs covering areas including liquefied natural gas, financial services, and advanced materials manufacturing Saudi Aramco has signed 17 Memoranda of Understanding (MoUs) and agreements with major US companies with a potential total value of more than $30 billion, the state giant said on Wednesday. The MoUs and agreements include a…
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 is projecting nearly $1bn (about N1.49tn) in annual revenue from electricity exports to 15 West African Countries under the Economic Community of West African States sub-region from June 2026. The earnings are based on what a full 600 megawatts export capacity is capable of generating at the prevailing regional tariff, as Nigeria…
TotalEnergies has signed agreements with its long-standing partner Conoil Producing Limited to acquire from Conoil a 50 percent operated interest in block OPL257 while Conoil acquires the 40 percent participating interest held by TotalEnergies in block OML136. Both OPL 257 and OML 136 are located offshore Nigeria. Following this transaction, TotalEnergies’ interest in OPL257 will…
— Commends the Critical role of the Media. The Nigerian Upstream Petroleum Regulatory Commission, NUPRC, says it remains fully committed to the national aspiration of adding one million barrels of oil to its daily production profile. The Chief Executive Officer of the Commission, Engr. Gbenga Komolafe, stated this in a message to a two-day strategic…
