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…
Oil & Gas
Nigeria Targets 1 Million CNG Vehicle Conversions Over 24 Years Amid Concerns of Gas Safety and Conversion Standards at MEMAN Lecture
* Pi-CNG Vehicle Conversion Initiative to Promote Cleaner Energy In a strategic effort to reduce Nigeria’s dependence on conventional fuels like Premium Motor Spirit (PMS) and diesel, the Presidential Compressed Natural Gas Initiative (Pi-CNG), has declared that over the next…
Gas-Powered Industrialization Will Generate Millions of Jobs and Propel SME Growth, Says Ubong
Ed Ubong, Coordinator of the Decade of Gas Initiative, has made a compelling case for Nigeria to adopt a gas-driven economy, emphasizing the numerous benefits it could bring to the nation. Speaking at the NAEC Annual Strategic International Conference 2024…
FG Moves to Reduce LPG Prices by Banning Exports
Minister of State for Petroleum Resources (Gas), Rt. Hon. Ekperikpe Ekpo, has voiced serious concerns over the rising prices of Liquefied Petroleum Gas (LPG), commonly referred to as cooking gas, in Nigeria. In response to the escalating costs, the Minister…
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…
NIPCO Refutes Complicity In CNG Explosion, Says Cylinder was Fake
The management of NIPCO Gas Ltd has refuted insinuations of complicity; disclosing that the CNG Cylinder that exploded at its Eyean Station, Edo state was fake, fabricated, and a substandard unit not designed for CNG. The company in a statement…
At Stakeholders’ Forum, LAWMA MD Bares Plans for Strategic Waste Management
… says Lagos State government plans to acquire 100 CNG trucks for PSP operations The Managing Director/CEO of the Lagos Waste Management Authority (LAWMA), Dr. Muyiwa Gbadegesin, has laid out plans for strategic waste management in Lagos State. He also…
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…
AOW: Africa’s Significant Gas Reserves Hold Solutions to Pressing Challenges, Says Seplat CEO
Africa possesses vast gas reserves that, if effectively utilized, can provide immediate solutions to the continent’s pressing challenges, according to Mr. Roger Brown, CEO of Seplat Energy Plc. He made this statement at the ongoing Africa Oil Week (AOW) Conference…
