The Nigerian National Petroleum Company (NNPC) Ltd has emphasized the need for stronger collaboration and transparency to accelerate carbon reduction across the oil and gas value chain, as parties within the global energy sector aim for net-zero emissions by 2050.…
Heirs Energies CEO to Highlight African Energy Leadership at African Energy Week 2024
Heirs Energies, a leading integrated energy company in Africa, announces its participation in the prestigious African Energy Week (AEW) 2024, taking place from November 4-8 in Cape Town, South Africa. Osa Igiehon, CEO of Heirs Energies, will represent the company…
Sahara Group Foundation Launches MADAA Initiative to Empower African Entrepreneurs
The Sahara Group Foundation has officially launched its Making A Difference Around Africa (MADAA) initiative, designed to empower aspiring African entrepreneurs and help them realize their business aspirations. During the unveiling of MADAA, Chidilim Menakaya, Head of Programs at Sahara…
FG Appoints Afreximbank as Settlement Bank for Naira-Based Transactions on Crude Oil, Petroleum Sales
With the commencement of PMS production from the Dangote Group’s 650,000-barrel-per-day refinery, the Federal Government of Nigeria has appointed the African Export-Import Bank also known as Afreximbank as the Settlement Bank for naira-based transactions on crude oil and refined petroleum…
OTL: MDGIF Highlights Integrated Policy, Infrastructure, and Tech Investments as Crucial for Tapping Nigeria’s Abundant Gas Reserves
…Calls for Ongoing Government Support as Nigeria’s Gas Pipeline Network Meets Only 10% of Local Demand The Midstream and Downstream Gas Infrastructure Fund (MDGIF), operating under the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), has indicated that a comprehensive…
Divestment: NUPRC to Resolve Shell’s $1.3bn Renaissance Africa Deal, Gets Vote of Confidence from Energy Adviser, Olu Verheijen
…Insists Nigeria is open to investors as Government Accelerates Focus Shift to Deep Offshore and Gas Operations The Special Adviser to the President on Energy, Olu Verheijen, has expressed confidence in the ability and commitment of the Nigerian Upstream Petroleum…
Empowering Sustainable Development: Nigerian Environmental Society ‘Eko 2024’ Charts Path To Innovative Resource Management and Conservation
Stakeholders in the Nigerian Environment have collectively been challenged and encouraged to confront the Nation’s environmental challenges and embrace a greener future built on sustainability and development. This rousing call to action was made by Prof. Olanrewaju Fagbohun, while delivering…
NMDPRA: Nigeria’s Daily Fuel Consumption Could Reach 50 Million Liters – Farouk Ahmed
The Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Farouk Ahmed, has stated that petrol consumption had fallen to 4.5 million liters following the removal of subsidies by President Bola Tinubu. He made this disclosure at…
NLNG Affirms Commitment To Increased Investment in Nigeria’s Energy Transition – Announces New GM, External Relations
* Dr Sophia Horsfall Takes Over as GM, External Relations and Sustainable Development The Nigeria Liquified Natural Gas (NLNG), has recommitted itself to ensuring increased investments to catalyze Nigeria’s Clean Energy The pioneering company affirmed this dedication towards ensuring the…
OTL: Marowin Showcases Exclusive Partnership with Elcometer – Set to Enhance Industry Uptime
Indigenous engineering and procurement firm, Marowin Engineering and Development Limited, has announced its exclusive partnership with Elcometer, a renowned manufacturer of equipment crucial for maintaining integrity and flow assurance in pipeline systems. The collaboration, showcased at the ongoing African Downstream…
