…Confirms that Nigeria’s energy sector attracted $16 billion to $17 billion in foreign investment inflows in 2024, driven by regulatory reforms and investor-friendly policies. The Nigerian National Petroleum Company Limited has called on global investors to direct their attention to…
Oil Minister meets with OTL Africa Downstream Team; Affirm’s Government’s Commitment to Enhancing Local Refining Capacity
Minister Lokpobiri Confirm’s Participation in the 2025 Edition. The Honourable Minister of State Petroleum Resources (Oil), Senator Heineken Lokpobiri has highlighted the importance of the downstream value chain of the petroleum industry to Nigeria, and the commitment of the Federal…
Accelerating Nigeria’s Energy Progress: Investment, Partnerships, and Innovation Take Center Stage at NOG Energy Week
By Jerome Okojokwu-Idu As Nigeria charts its course toward a sustainable energy future, the 2024 NOG Energy Week played a vital role in shaping discussions across government and private sectors by showcasing the available opportunities and driving investment to meet…
NNPC Limited and Dangote Refinery: Discussions on New Naira Crude Contract Currently Ongoing
…Agreement was for six months and ends in March 2025 The NNPC limited have come out to clarify recent reports circulating on social media which suggested the company had unilaterally terminated its crude oil sales agreement with Dangote Refinery. According…
NCDMB Rallies NNPC, Oil Producers to Boost In-Country Manufacturing of Line Pipes
The Nigerian Content Development and Monitoring Board (NCDMB) on Thursday achieved a much-needed consensus among critical oil and gas industry stakeholders and manufacturers to ramp up in-country production and utilisation of line pipes in oil and gas operations, as part…
NCDMB Acquires 20% Equity in 100kbpd Refinery Project
The Nigerian Content Development and Monitoring Board (NCDMB) has sealed a deal to acquire 20 per cent equity in a 100,000 barrels per day (bpd) refinery project being established by African Refinery Group Ltd, in partnership with the Nigerian National…
FG Vows to Address North-East Energy Challenges, Promotes Gas-Powered Economy
The Federal Government has reaffirmed its commitment to tackling the energy challenges plaguing the North-East region, ensuring that clean energy becomes accessible and affordable for all. Minister of State Petroleum Resources (Gas), Rt. Hon. Ekperikpe Ekpo, made this pledge during…
Dangote Ensures Nigerians Buy Fuel Between N860-N895 Nationwide – Absorbs N16 Billion Loss to Maintain Uniform PMS Prices Nationwide
To refund customers who buy above advertised rates. Refunds N65/litre to Marketers including MRS, Heyden, Ardova Dangote Petroleum Refinery & Petrochemicals has announced that it will refund customers who purchase Premium Motor Spirit (PMS) at rates higher than the advertised…
NIES 2025: Gas No More Just A Transition Fuel, But Now A Destination Fuel – Okon
Shattering complacency, urging industry leaders and policymakers to abandon short-term fixes and commit to a long-term vision, Engr Effiong Okon delivered a bold and insightful perspective on the future of domestic gas utilization in Nigeria. Okon, known industry wide as…
Our Strategy, Governance, People Driving Growth At Seplat Energy – Brown
Nigeria’s leading indigenous energy company, Seplat Energy Plc, has attributed its exponential growth over the years to well thought out strategies, strong governance practice and dedicated people, stressing that the quest to develop Nigeria and the support from the Nigerian…
