Se. Ned Nwoko, said that crude oil theft in the Niger Delta region had long plagued the nation, resulting in severe economic losses, environmental degradation, and national insecurity; and Nigeria needs a robust technological framework to combat such issues.
Oil & Gas
NUPRC Refutes Claims of Irregularities in 2024 Oil Block Licensing Round, Reaffirms Compliance with PIA
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has firmly dismissed recent allegations of irregularities in the 2024 oil block licensing round, affirming that the process adhered strictly to the Petroleum Industry Act (PIA) 2021 and established licensing guidelines. In a…
Dangote Names Refinery Access Road After Tinubu, Applauds President’s Reform Agenda
In a show of support for President Bola Tinubu’s economic reforms, Aliko Dangote has named the main access road to the Dangote Refinery “Bola Ahmed Tinubu Road.” The announcement came during the commissioning of the Deep Sea Port access road in Lagos, where Dangote hailed the President’s policies as a catalyst for renewed investor confidence and national development.
NCDMB, NLNG, Ramp up HCD Training as $5 Billion Train 7 Project Hits 80% Completion
The Nigerian Content Development and Monitoring Board (NCDMB) and Nigeria Liquefied Natural Gas (NLNG) Limited on Wednesday in Port Harcourt inaugurated 140 trainees for an intensive three-month Advanced Nigerian Content Human Capital Development (NC-HCD) Programme for the US$5 billion NLNG…
Shell Loads First Crude Cargo from Nigeria’s New $400m Otakikpo Terminal
In a major boost for Nigeria’s oil sector, Shell has successfully loaded the first crude cargo from the newly commissioned onshore Otakikpo terminal, signaling the official launch of exports from the $400 million facility. The terminal, developed by marginal field…
Oando Gets $375m Afreximbank Facility To Boost Growth In Upstream
Oando Plc, one of Nigeria’s leading indigenous energy solutions companies on Wednesday announced the successful upsizing of its Reserve Based Lending (RBL2) facility to $375 million. This is coming on the heels of the announcement of a record 267 per…
World Environment Day 2025: Chevron Nigeria Limited’s Commitment to Environmental Protection
Since 1973, June 5 has been celebrated annually as World Environment Day (WED). This day is dedicated to raising awareness and promoting actions to address various environmental issues, including marine pollution, overpopulation, global warming, sustainable development, and wildlife crime, among…
Namibia Sets the Stage to Become Africa’s Next Energy Powerhouse
L-R: Paulo Coelho, Clemens Von Doderer, Margreth Gustavo, Shakwa Nyambe, Jesaya Hano-Oshike, and Cons Karamata The 3rd Namibia Oil and Gas Conference (NOGC 2025), themed “From Exploration to Action – Positioning Namibia as the Next Energy Frontier,” runs from 12–15…
FG Flags Off First LCNG Plant In North-East To Boost Gas Penetration
L-R: Deputy Governor of Adamawa State, Prof. Prof. Kaletapwa G. Farauta; Chairman of Chairman of Greenville, Mr. Eddy Van Ben Broeke; Minister of State Petroleum Resources (Gas), Dr. Ekperikpe Ekpo and Programme Director/Chief Executive, PCNGi, Mr. Michael Oluwagbemi during the…
MEMAN: Nigeria’s Fuel Import Costs Surge Amid Forex Pressures and Crude Price Stability
Nigeria’s downstream oil market is facing heightened volatility as new data from the Major Energy Marketers Association of Nigeria (MEMAN) Competency Centre reveals a significant rise in the estimated cost of importing refined petroleum products. The MEMAN Energy Bulletin released…
