Divestments: Indigenous Energy Companies Capable of Growing Nigeria’s Oil production -Seplat

Seplat Energy PLC, leading Nigerian independent energy company listed on both the Nigerian Exchange and the London Stock Exchange, has that indigenous oil companies can grow Nigeria’s oil production. The company maintained that Nigeria’s sub-surface potentials could be largely optimized…

Sahara Group unveils Sustainability Milestones in Third Edition of Gree’n’lectric

Sahara Group has restated its commitment to effective management of its environmental footprint through strategies that reduce carbon emission across its businesses. Bethel Obioma, Corporate Communications Lead of Sahara Group, who spoke during the unveiling of third edition of Gree’n’lectric,…

Nigeria to host African Energy Bank

Nigeria has been granted the hosting right for the African Energy Bank (AEB), after beating Ghana, Benin Republic, Algeria, South Africa and Cote D’Ivoire in a keenly contested bidding. Sen. Heineken Lokpobiri, the Minister of State, Petroleum Resources (Oil), told…

REA signs MoU with five renewable energy firms

The Rural Electrification Agency (REA) signs Memorandum of Understanding with five Private Developers to scale up electricity access in Nigeria The MoUs were signed between the REA and A4&T Power Solutions, Eauxwell Nigeria Limited, Skipper Nigeria Limited, Havenhill Synergy Limited…

Deep water project: TotalEnergies advocates good fiscal incentives, competition to reduce costs

……As deep water segment in Nigeria stuck for 10 years In a bid to move the deep water projects of the Nigerian oil and gas sector forward, Country Chairman and Chief Executive Officer of TotalEnergies EP Nigeria Limited, Mr. Mathieu…

President Tinubu unfolds strategies for economic rejuvenation

President Tinubu inaugurated Presidential Economy Coordination Council; unveil measures for economic rejuvenation

REA, Mercy Corps Team Up to Empower Electricity Cooperatives in Nigeria

The Rural Electrification Agency (REA) have signed a Memorandum of Understanding with Mercy Corps to strengthen electricity cooperatives towards improved electricity access in Nigeria. The signing took place at the Corporate Headquarters of the Agency in Abuja on Thursday, 4th…

Namibia’s Largest Oil and Gas Conference Returns in August

Building on the success of its first edition, and in response to calls for a follow-up conference, the Namibia Oil and Gas Conference has confirmed it will return to Windhoek from 20-22 August 2024. With over 800 delegates, key industry…

“NNPCL Declares Emergency in Crude Oil Production, Urges Collaboration to Cut Costs”

In a move towards increasing Nigeria’s crude oil production and growing its reserves, NNPC Ltd has declared a state of emergency on production in Nigeria’s oil and gas industry. Group Chief Executive Officer of NNPC Ltd, Mr. Mele Kyari, disclosed…

Stakeholders advocate “Inclusivity and Mitigation” for Climate Preparedness at Lagos Resilience Forum

  Lagos Resilience Strategy is a roadmap to better communities   At the Lagos Resilience Forum held earlier today, Tuesday July 2024, stakeholders emphasized the importance of inclusivity and proactive measures for climate preparedness. They highlighted the need for involving…

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