Oil prices reacted to the Israel-Iran ceasefire quicker than they did at the onset of the conflict, falling by $6.5 per barrel on Monday, with ICE Brent continuing the drop below $70 per barrel. The closure of the Strait of…
Lokpobiri: FG is invested in Reactivation of Dormant Oil Assets to Boost Production
In a renewed drive to enhance Nigeria’s crude output and energy security, the Federal Government has restated its commitment to unlocking dormant and underutilized oil assets across the country. This effort forms part of a broader strategy to boost national…
ALDG Hosts Inaugural Business Forum, Emphasises Industry-Wide Collaboration to Strengthen Nigeria’s Gas Distribution Value Chain
L-R: Executive Secretary. Association of Local Distributors of Gas, (ALDG), Oga Adejo-Ogiri, Vice Chair, Starzs Gas Limited, Iroghama Ogbeifun, Executive Director , Gas, Power & Renewable Energy, A.Y.M Shafa Holdings, Engr. Teryima Toryila, Chairman, Association of Local Distributors of Gas…
Landmark Lawsuit: Bayelsa Monarch Launches $12 Billion Legal Battle Against Shell
His Royal Majesty King Bubaraye Dakolo, Agada IV of Ekpetiama Kingdom and Chairman, Bayelsa State Council of Traditional Rulers King Dakolo, CSO Coalition demand oil giant clean up 70 years of environmental devastation before divestment In a groundbreaking legal…
Sustainable Progress in Nigeria’s Energy Market Hinges on Competitive Balance – MEMAN, Experts
MEMAN, World Bank, Transaharan Underscore the Role of Healthy Competition in Driving Growth In a strategic convergence of thought leadership and policy advocacy, the Major Energies Marketers Association of Nigeria (MEMAN), alongside a senior economist of the World Bank…
Green Energy International Exports First Crude from Nigeria’s First Indigenous Onshore Terminal in 50 Years
Green Energy International Exports First Crude from Nigeria’s First Indigenous Onshore Terminal in 50 Years Lagos/Nigeria– June 19, 2025 – In a historic milestone for Nigeria’s oil and gas sector, Green Energy International Limited (GEIL) has successfully exported the…
Dangote Refinery an Industrial Revolution, Liberating Nigeria – C’tee on Domestic Crude Oil Sales
President / CE, Dangote Industries Ltd, Aliko Dangote; Coordinator, Technical Committee of the One-Stop Shop (OSS) for sale of crude and refined products in naira initiative, Maureen Ogbonna; a member of the committee, Solomon Tapa Mathew, and Managing Director, Dangote…
Petroleum Producers Decry Infrastructure, Technology Gap in Gas Market Integration
The African Petroleum Producers’ Organisation (APPO) has identified lack of finance, technological infrastructure and foreign over-dependency, as critical challenges facing the African energy markets integration. Dr Farouk Omar, Secretary-General of APPO, said this on Wednesday in Abuja at the Africa…
P-CNGI: Mobility CNG Supply Framework Guarantees Steady Autogas Supply
The Presidential Compressed Natural Gas Initiative (P-CNGI) says the Mobility-CNG Supply Framework will ensure affordable, uninterrupted and adequate autogas supply to end-users in the country. Mr Michael Oluwagbemi, Programme Director, P-CNGI, said this during the unveiling/implementation of the Mobility-CNG Supply…
NUPRC Issues New Guidelines, Focuses on Nigeria’s Crude Oil Exports Tracking
“To all licences and leases granted or preserved under the Petroleum Industry Act (PIA) 2021,” seven things to know about the NUPRC’s Advanced Cargo Declaration, the guidelines covering crude oil, natural gas, natural gas liquids and petroleum products exported from…
