Senator Heineken Lokpobiri, Minister of State for Petroleum Resources (Oil), has refuted claims made by Engr. Kamoru Busari, Director of Upstream in the Ministry of Petroleum Resources, regarding the Nigerian National Petroleum Company Limited (NNPCL). Busari, representing the Minister at…
Oil & Gas
CORAN: Dangote Asserts Africa Can Achieve Self Sufficiency in Petroleum Products Supply and Use; With 1.8mbpd Expected in 2025.
Highlights the need to boost crude oil production to support new refining capacity. Aliko Dangote, Chairman of Dangote Refinery has emphasized that Africa can become self sufficient in petroleum products supply and consumption; as well as position itself as a key player…
UTM Offshore to Unveil FID for $5bn Floating LNG Project; Spotlights Local Content as a Key to Africa’s Energy Security
Mr Julius Rone, the Group Managing Director/CEO of UTM Offshore Limited, has declared that before the end of 2024, an announcement on the Final Investment Decision (FID) on the $5billion Floating LNG Project will be made. Mr Rone, widely known…
Increase NNPCL Stake in Dangote Refinery to 45%, Adopt NLNG Model: Pengassan Advises Whilst Charting Path To Nigeria’s Energy Future
Rising from the 3rd edition of the recently held PENGASSAN Energy and Labour Summit (PEALS 2024), senior staff in the Nigerian petroleum and natural gas sector have strongly advocated for an increased focus on energy security whilst x-raying the industry’s…
Brevity Anderson signs landmark MoU with African Petroleum Producers Organization
…To offer Advisory on Fundraising Capacity and Global Visibility of The African Energy Bank … Set to Organize Annual Energy Investment Roundtable at United Nations General Assembly from 202 Brevity Anderson, a strategic advisory and consultancy firm specializing in facilitation…
MEMAN calls for increased focus on energy diversity, electric vehicles and local refining to advance Nigeria’s energy security
At an industry forum held earlier today, 24th September, 2024, the Major Energy Marketers Association of Nigeria (MEMAN), has emphasized the need to foster competition and collaboration towards enhancing Nigeria’s energy security. Rising from the briefing, MEMAN has identified Electric…
Ministers of Gas, Oil, Power to feature at Association of Energy Correspondents Annual Conference
The 2024 edition of the NAEC Annual Strategic International Conference is set to deliver far-reaching impacts and extended benefits for Nigeria’s energy sector, with a focus on actionable solutions and transformative outcomes. Organized by the Association of Energy Correspondents of…
Gastech: NLNG Committed to Reduce Emissions, Promote Sustainable Energy Development- DMD, Osobu
…Says government should provide financial guarantees for climate technology investments. Nigeria LNG Limited has reiterated its commitment to climate action, leveraging cutting-edge technologies to reduce emissions and promote sustainable energy development. The Deputy Managing Director of Nigeria LNG, Olakunle Osobu…
NNPC Ltd/TotalEnergies’ $550m Ubeta Upstream Gas Project Takes Off
The $550 million upstream gas project between the NNPC Ltd and TotalEnergies on the development of the Ubeta field has taken off, the Presidency announced on Tuesday. Special Adviser to the President on Energy, Olu Verheijen, disclosed this during an…
“We Are Not A Sole Offtaker. Major Marketers are Free to Buy From Dangote Refinery”, Says NNPC Ltd
The Nigerian National Petroleum Company Limited (NNPCL), has reaffirmed its commitment towards ensuring that the federal government maintains a deregulated market for local refineries, including the Dangote Refinery. According to the Chief Corporate Communications Officer of NNPCL, Femi Soneye, all…
