The Nigerian Ministry of Petroleum Resources has urged Ministries, Departments, and Agencies (MDAs) and Nigerians in general to convert their vehicles from Premium Motor Spirit (PMS) powered engines to Compressed Natural Gas (CNG) engines to cushion the effect of fuel…
Oil & Gas
Energy Roundtable: Participants pay tributes to IESL Boss, Diran Fawibe; seek improvement in energy sector
Stakeholders in the energy sector were tasked earlier today to make enduring contributions towards Nigeria’s energy challenges. This call was made by the Chief Upstream Investment Officer (CUIO), NNPC Upstream Investment Management Services (NUIMS), Mr Bala Wunti who was the…
Oil Marketers explain increase in fuel price; recommend strategies to reduce negative impact
The Major Oil Marketers Association of Nigeria (MOMAN) have expressed their deepest empathy to all Nigerian citizens; acknowledging the challenges faced by the Nigerian public over the increasing cost of premium motor spirit (pms). This is even as the association…
Sahara Group invests $142m in New LPG Vessels
Sahara Group, the energy conglomerate controlled by Nigerian tycoon Tope Shonubi, has recently completed a deal to acquire two liquefied petroleum gas (LPG) vessels. The two LPG carriers, valued at $71 million each, will bolster Sahara Group’s strategic investments to…
NNPC Dismisses Accusatons of Blocking Assets Divestment by IOCs, Plans Offloading Some of Its Own
The Group Chief Executive Officer (GCEO) Nigeria National Petroleum Company Limited (NNPCL) Malam Mele Kyari has dismissed some alleged accusations and impression being created across the oil and gas industry stakeholders that the NNPC is blocking the move by local…
H.E. Itoua to Presents Gas, Marginal Field, Exploration Opportunities at Invest in African Energy Paris Forum
At the Invest in African Energy Paris Forum, H.E. Bruno Jean Richard Itoua, Minister of Hydrocarbons of the Republic of Congo, will present on opportunities in gas and marginal field exploration The African Energy Chamber (AEC), the voice of…
African Energy Chamber (AEC) to Host Local Content, Business Development Roundtable at Namibian International Energy Conference (NIEC) 2023
The African Energy Chamber will host a roundtable discussion at 12:30 on 25 April at the Namibia International Energy Conference in Windhoek centered on how Namibian businesses can seize the opportunities created by first oil and gas development Serving…
NIPCO embarks on business expansion to aid diversification, others
The Nigerian Independent Petroleum Company (NIPCO), says it has intensified investment in gas infrastructure to aid diversification and Nigeria’s energy transition. Mr Suresh Kumar, Managing Director, NIPCO Plc, who said this during a facility tour of the company on Sunday…
Nigeria’s FID, Ease of Doing Business Under Threat Over Senate Directive For NLNG To Pay N18.4bn – Stakeholders
Senate lacks power to Direct NLNG to pay money – Lawyers, experts set agenda for forthcoming 10th National Assembly at Platforms Africa forum Stakeholders in Africa, particularly in the Nigeria’s oil and gas sector, on Monday, raised the alarm over…
Could Türkiye become a gas hub for Europe?
– Türkiye is trying to take advantage of its good geographical location to become an energy hub between Russia, the world’s top exporter of natural gas, and the European market, even as the EU is trying to reduce its dependence…
