Mr. Ogbugo Ukoha, the Executive Director, Distribution, Storage System and Retail Infrastructure at the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), has highlighted significant inefficiencies and cost challenges in Nigeria’s petroleum distribution infrastructure. Speaking at Day Two of the…
HEDA Writes AGF, Urges Recovery of Over $55 Billion Owed to Nigeria by International Oil Companies (IOCs)
The Human and Environmental Development Agenda (HEDA Resource Centre) has called on the Honourable Attorney-General of the Federation, Prince Lateef Fagbemi, SAN, to take immediate action to recover over $55 billion owed to the Nigerian government by International Oil Companies…
Tantita reiterates commitment to combating crude oil theft, improving lives of communities
Capt. Warredi Enisuoh, Executive Director, Technical and operations,Tantita Security Services Ltd., has reiterated the company’s commitment to combating crude oil theft, increasing oil production in the country and improving the lives of communities. Enisuoh said this in a statement on…
Heirs’ Energies CFO, Nwanze forecasts $135 billion needed for power sector decarbonization by 2060.
… recommends innovative financing and strategic collaboration to drive Nigeria’s energy transition Samuel Nwanze, Executive Director and Chief Financial Officer of Heirs Energies, has urged the adoption of innovative financing mechanisms, including green bonds and blended finance, to accelerate the…
NAPE To Host Workshop for Media Professionals
The Nigerian Association of Petroleum Explorationists (NAPE), has announced the hosting of a workshop aimed at enhancing the skills of media professionals in the energy, oil and gas sectors. The workshop is themed “Trends in Energy Transition and AI-Assisted Oil…
Lokpobiri, Oil Minister, Rejects Representative’s Misleading Statements on NNPC Refinery Operations.
Senator Heineken Lokpobiri, Minister of State for Petroleum Resources (Oil), has refuted claims made by Engr. Kamoru Busari, Director of Upstream in the Ministry of Petroleum Resources, regarding the Nigerian National Petroleum Company Limited (NNPCL). Busari, representing the Minister at…
CORAN: Dangote Asserts Africa Can Achieve Self Sufficiency in Petroleum Products Supply and Use; With 1.8mbpd Expected in 2025.
Highlights the need to boost crude oil production to support new refining capacity. Aliko Dangote, Chairman of Dangote Refinery has emphasized that Africa can become self sufficient in petroleum products supply and consumption; as well as position itself as a key player…
UTM Offshore to Unveil FID for $5bn Floating LNG Project; Spotlights Local Content as a Key to Africa’s Energy Security
Mr Julius Rone, the Group Managing Director/CEO of UTM Offshore Limited, has declared that before the end of 2024, an announcement on the Final Investment Decision (FID) on the $5billion Floating LNG Project will be made. Mr Rone, widely known…
Increase NNPCL Stake in Dangote Refinery to 45%, Adopt NLNG Model: Pengassan Advises Whilst Charting Path To Nigeria’s Energy Future
Rising from the 3rd edition of the recently held PENGASSAN Energy and Labour Summit (PEALS 2024), senior staff in the Nigerian petroleum and natural gas sector have strongly advocated for an increased focus on energy security whilst x-raying the industry’s…
Local Communities Demand Environmental Accountability Ahead of COP29 in Nigeria’s Niger Delta
In a significant move towards environmental justice, local communities in Nigeria’s Niger Delta convened a dialogue in Bayelsa State on September 17, 2024, organized by Connected Advocacy. The meeting aimed to address the pressing issues of environmental degradation caused by…
