The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has firmly dismissed recent allegations of irregularities in the 2024 oil block licensing round, affirming that the process adhered strictly to the Petroleum Industry Act (PIA) 2021 and established licensing guidelines. In a…
NDPHC Boss: Power Sector Reform on Track Despite ₦600 Billion Debt Burden
The Managing Director of the Niger Delta Power Holding Company (NDPHC), Engr. Jennifer Adighije has stated that despite the enormous challenges facing Nigeria’s power sector — including a staggering ₦600 billion debt — her administration remains committed to supporting President…
New Ocean Centres to Drive Safer and More Sustainable Ocean Economies Across the Global South
A major step forward for ocean sustainability will be launched at the United Nations Ocean Conference 2025: a global network of Ocean Centres designed to put safety at the heart of the blue economy transition in emerging ocean economies. Established…
Shell Loads First Crude Cargo from Nigeria’s New $400m Otakikpo Terminal
In a major boost for Nigeria’s oil sector, Shell has successfully loaded the first crude cargo from the newly commissioned onshore Otakikpo terminal, signaling the official launch of exports from the $400 million facility. The terminal, developed by marginal field…
Oando Gets $375m Afreximbank Facility To Boost Growth In Upstream
Oando Plc, one of Nigeria’s leading indigenous energy solutions companies on Wednesday announced the successful upsizing of its Reserve Based Lending (RBL2) facility to $375 million. This is coming on the heels of the announcement of a record 267 per…
Namibia Sets the Stage to Become Africa’s Next Energy Powerhouse
L-R: Paulo Coelho, Clemens Von Doderer, Margreth Gustavo, Shakwa Nyambe, Jesaya Hano-Oshike, and Cons Karamata The 3rd Namibia Oil and Gas Conference (NOGC 2025), themed “From Exploration to Action – Positioning Namibia as the Next Energy Frontier,” runs from 12–15…
FG Flags Off First LCNG Plant In North-East To Boost Gas Penetration
L-R: Deputy Governor of Adamawa State, Prof. Prof. Kaletapwa G. Farauta; Chairman of Chairman of Greenville, Mr. Eddy Van Ben Broeke; Minister of State Petroleum Resources (Gas), Dr. Ekperikpe Ekpo and Programme Director/Chief Executive, PCNGi, Mr. Michael Oluwagbemi during the…
New GEEP Boss, Baba, Initiates Strategic Partnerships with Education Ministry, Employment Agency
The new National Programme Manager of the Government Enterprise and Empowerment Programme (GEEP), Hamza Ibrahim Baba, has hit the ground running, initiating high-level engagements to expand access to empowerment initiatives under President Bola Ahmed Tinubu’s Renewed Hope Agenda. On Tuesday,…