OPEC+ is likely to leave oil output levels unchanged at its meetings on Sunday and to agree on a mechanism to assess members’ maximum production capacity, said by two delegates to Reuters The eight OPEC+ countries which have been gradually raising output in 2025 are expected to keep their policy to pause hikes in the…
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) is set to auction 50 oil and gas blocks spanning multiple basins and terrains as part of its 2025 petroleum licensing initiative. The move represents a significant push to attract fresh capital into Nigeria’s upstream petroleum sector under the framework established by the Petroleum Industry Act (PIA) 2021….
Nigeria LNG Limited (NLNG) and the Nigerian Content Development and Monitoring Board (NCDMB) engaged in productive discussions towards collaboration in support of NLNG’s planned revamp and enhancement of key operational facilities in Trains 1 to 6 of the NLNG Plant. The initiative is aimed at improving asset performance and overallSophia Horsfall,General Manager, External Relations and…
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…
Adds Over 135 MMscf/d to Nigeria’s Domestic Gas Supply The NNPC/Heirs Energies OML 17 Joint Venture (JV) has achieved a major breakthrough with the innovative, rigless recompletion of a key non-associated gas well in OML 17. This was contained in a statement issued by Chidimma Ugbojiaku, theHead Corporate Communications unit ofHeirs Energies, made available to…
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…
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…
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…
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…
