The unrealistic view that emerging economies can develop using only renewables By N.J Ayuk Western governments pursuing net-zero goals often expect emerging and developing economies to follow suit. Yet their politicians show little understanding of the energy needs of developing…
Seplat Energy Strengthens Partnership with Akwa Ibom State
Seplat Energy Plc, Nigeria’s leading indigenous oil and gas producer, has expressed its commitment to partnering with the Akwa Ibom State Government for sustainable development. This was disclosed during a courtesy visit to the State Governor, His Excellency, Pastor Umo…
NIES 2025 to Showcase Groundbreaking Deals and Visionary Leaders Shaping Nigeria’s Energy Future
The Nigeria International Energy Summit (NIES 2025) is set to deliver an unforgettable experience with “Conversations with Energy Signature & Transaction Deal of the Year Winners,” a groundbreaking session that promises to be one of the most captivating moments of…
N899.50 to N950: Dangote Refinery Caps Petrol Price Increase at 5%, Absorbs 50% of Costs Despite 15% Global Oil Price Surge
Dangote Petroleum Refinery has clarified that the recent adjustment in its ex-depot price of Premium Motor Spirit (PMS), commonly known as petrol, is a direct response to the significant rise in global crude oil prices. With crude oil serving as…
‘LEES’ 2025 Day One: Industry Leaders Discuss Libya’s Energy Tech, Sustainability and Workforce
The first day of the Libya Energy & Economic Summit featured a dynamic technical program, hosted by the Society of Petroleum Engineers of Libya, focusing on how innovation, sustainability and digital transformation can propel oil and gas sector growth The…
Eni, TotalEnergies Announce New Exploration Projects in Libya
Eni is launching three exploration plays, TotalEnergies is expecting promising results from its recent onshore exploration project, and other developments were shared during an upstream IOC-led panel at the Libya Energy & Economic Summit Libya’s National Oil Corporation (NOC) and…
NMDPRA: Nigeria’s CNG Conversion Capacity Surges by 2,500%, Over 50,000 CNG Vehicles In Operation Nationwide
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has said that the country’s Compressed Natural Gas (CNG) conversion capacity increased by over 2,500 per cent in 2024. Mr Farouk Ahmed, Authority Chief Executive, NMDPRA, said this on Thursday in…
NLNG Reassures Stakeholders on Train 7 CSR Projects Amid Suspended Protest
The Nigerian Liquefied Natural Gas Limited (NLNG) has reaffirmed its commitment to Corporate Social Responsibility (CSR) projects for the Bonny Kingdom under the Train 7 initiative. This assurance follows the suspension of a planned protest by the Bonny Youth Federation…
National Oil Corporation (NOC), Eni, OMV, Repsol and TotalEnergies to Drive Libya’s Upstream Transformation at Libya Energy & Economic Summit (LEES) 2025
Libya’s top international operators and the National Oil Corporation (NOC) will take center stage at the Libya Energy & Economic Summit in Tripoli next week for the panel Unlocking Libya: The Next Frontier for Exploration and Investment. The panel will…
Namibia’s Ministry of Mines and Energy Responds to Shell’s Orange Basin Write-Down
The Ministry of Mines and Energy of the Republic of Namibia announces that multinational oil and gas company Shell will write down $400 million on an oil discovery made in Petroleum Exploration License (PEL) 39 in accordance with the company…
