…New board to boost crude refining to 200,000 barrels by 2027, 500,000 by 2030, with investments of $30B and $60B, respectively. Nigeria’s President Bola Tinubu has removed Mele Kolo Kyari as Group CEO of national oil company, NNPC Limited, and…
Oil & Gas
Africa Energy Bank Gains Momentum with Capital Contributions from Nigeria, Angola and Ghana
Nigeria, Angola and Ghana have contributed their capital shares to the Africa Energy Bank, reinforcing its role in advancing energy finance, with key discussions set to take place at African Energy Week 2025: Invest in African Energies in Cape Town…
HEDA Sues to Halt Shell’s Onshore Asset Transfer, Citing Legal and Environmental Violations
A lawsuit has been filed at the Federal High Court in Lagos to stop the transfer of an oil mining license from Shell Petroleum Development Company Limited (SPDC) to Renaissance African Energy Company Limited. The legal action, initiated by the…
Russia’s Energy Push in Africa: What It Means for the Continent’s Future
Russia has increasingly focused on bolstering its energy partnerships with African nations, signaling a broader strategy to boost its geopolitical influence across the continent. Recent investments in Africa’s oil, gas and nuclear sectors reflect Russia’s ambitions to diversify its global…
Oando PLC Joins Afreximbank’s AfrexInsure Portfolio
AfrexInsure, the wholly-owned Specialty Insurance Subsidiary of African Export-Import Bank (“Afreximbank”) has announced its onboarding of Oando PLC as one of its strategic clients, further strengthening the business relationship between Oando PLC and the Bank. With Oando on board its clientele…
Zigma, CEO, Funmi Ogbue emerges “Outstanding Woman in Energy” at WiME Award
Funmi Ogbue, CEO and founder of Zigma, was recently honored with the “Outstanding Woman in Energy (Local Content)” award at the 4th edition of the Women in Maritime & Energy (WiME) Awards. The ceremony, held on March 28, 2024, at…
Adelabu, Kyari, Dangote Among Key Honorees at ENERGY TIMES Awards, April 11
Top Leaders in Nigeria’s energy sector are set to be celebrated at on April 11, 2025, at the prestigious Oriental Hotel in Lekki, Lagos by ENERGY TIMES. Among the distinguished honorees are Adebayo Adelabu, Nigeria’s Minister of Power; Mele Kolo…
NLNG Science Quiz for Rivers State Schools to Focus on Advancing Renewable Energy Innovations
The Nigeria Liquified Natural Gas (NLNG) Company has kicked off the 2025 edition of its annual Science Quiz and Science Project Exhibition, with a sharp focus on advancing renewable energy innovations among secondary school students in Rivers State. The 2025…
MEMAN Makes Case for Competition To Drive Growth and Innovation In Nigeria’s Oil and Gas Sector
…Affirms the Need for a Free Market Economy to Ensure Customer focused Pricing and Industry Stability. In a press engagement held earlier today, March 26, 2025, the Major Energies Marketers Association of Nigeria (MEMAN) outlined its stance on the evolving…
OTC 2025: PETAN Unveils Programme for Nigerian Pavilion
The program for the 2025 edition of the Offshore Technology Conference (OTC) under the Nigerian Pavilion powered by the Petroleum Technology Association of Nigeria (PETAN) on behalf of the Nigerian National Petroleum (NNPC) Ltd. and the Federal Ministry of Petroleum…
