The burgeoning economic partnership between the Federal Republic of Nigeria and the Federal Republic of Germany witnessed further expansion and strengthening as two important agreements were signed between Nigerian and German businesses on Tuesday. Speaking in Berlin, Germany, at the…
Oil & Gas
NMPDRA appoints Charles Nwachukwu as ADR coordinator
The Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has appointed Mr. Charles Nwachukwu as the Coordinator of the Midstream and Downstream Petroleum Alternative Dispute Resolution Centre (MDPADRC). The MDPADRC was established pursuant to the Petroleum…
Dangote Refinery Secures Licence to Refine 300,000bpd Crude
Africa’s richest man, Aliko Dangote, has said his refinery has secured a licence to refine more than 300,000 barrels of Nigerian crude per day and will begin to process gasoline soon. “We don’t want to start our refinery with foreign…
HEOSL Reiterates Commitment to Nigerian Content Development
Commits to utilizing Nigerian service providers Heritage Energy Operational Services Limited (HEOSL), operator of the OML 30 Joint Venture between NNPC Exploration and Production Limited and Shoreline Natural Resources Limited Joint Venture (NEPL/SNRL JV) has reiterated its commitment to…
NEITI: Revenue Generating Agencies Remitted N14.38 Trillion to the Federation Account in Two Years
₦5.42 trillion disbursed to the Federal, State and Local Governments Mineral Revenue contributed N6.40 trillion Non-mineral revenue contributed N4.80 trillion The Nigeria Extractive Industries Transparency Initiative (NEITI) says the Federal government revenue generating agencies remitted a total of about…
NNPCL Appoints Olufemi Soneye as Chief Corporate Communications Officer
The Nigerian National Petroleum Company Limited (NNPCL) has officially announced the appointment of Olufemi Oladapo Soneye as its Chief Corporate Communications Officer. In a press statement published on the company’s official X (Twitter) handle, NNPCL stated that Mr. Soneye will…
Alternative Fuel: Stakeholders x-ray realities of Nigeria’s energy transition
The BusinessDay / MOMAN Policy Intervention Series once again played host to an impact oriented stakeholder group; who came together to x-ray the entire gamut of the energy transition and what Nigeria must do to overcome the challenges to smooth…
Offshore Dimension Receives an Outstanding Growth Award from Distinguished American OEM
Offshore Dimensions Limited, one of the leading indigenous oil and gas firms in Nigeria has said that the company just hit a remarkable milestone and has announced with excitement the prestigious honor it received recently from Parker Hannifin, a distinguished…
Natural gas set to ignite African economies
Ongoing discoveries confirm a growing energy opportunity for the continent – in export markets and to power domestic development The recent signing of an agreement to develop what has been called South Africa’s largest liquified natural gas project in Mpumalanga…
Asiko deepens gas penetration, unveils 300 metric tonnes LPG/CNG depot in Benin
To grow in geometric progression- Alex Ogedegbe We are going to expand into CNG, LNG Gas Station- Abubakar Folami Asiko, a leading provider of clean energy solutions operating in Nigeria’s energy sector, has continued to contribute to the economic development…
