International financial analytics corporation, S&P Global, has described the 650,000 barrels per day (bpd) Dangote Oil Refinery and Petrochemicals company as capable of resolving Nigeria’s foreign exchange (forex) issue and its huge pressure on the local Naira currency, while also…
Wien lauds FG’s divestment deals, calla for further approvals
A frontline gender equity advocate group in the energy sector, Women in Energy Network (WIEN), has expressed immense joy at the eventual approval of oil and gas asset divestment transactions by the Federal Government of Nigeria President of WIEN, Mrs…
NNPCL plans 3 LNG stations, 100 CNG sites nationwide
Some of the 12 CNG stations commissioned simultaneously by Mr Ekperikpe Ekpo, Minister of State Petroleum Resources (Gas) in Abuja and Lagos on Thursday The Nigerian National Petroleum Company (NNPC Ltd.) says the drive to bring Compressed Natural…
IPPG Congratulates FG on Nigeria Selection as Host of Africa Energy Bank Headquarters
The Independent Petroleum Producers Group (IPPG) extends its heartfelt congratulations to the Federal Government of Nigeria on the momentous occasion of Nigeria being selected as the host of the Headquarters of the African Energy Bank (AEB). This significant honour highlights…
President Tinubu to launch the Nigeria Police Green Initiative
President Bola Tinubu through the IGP Kayode Egbetokun to launch the Nigeria Police Green Initiative to enhance the operational efficiency and socio-economic development.
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…