NNPC Limited has reaffirmed its commitment to ensuring that funds allocated under the Petroleum Industry Act (PIA) are effectively utilized to deliver meaningful development in host communities. This pledge was made during a stakeholder engagement session held with the KEFFESO…
NCDMB Discloses Measures Taken to Address Sterling Oil’s Non-Compliance Issues
The Nigerian Content Development and Monitoring Board (NCDMB) has noted the comments made by the President of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), Mr. Festus Osifo, during the union’s recent protest at the headquarters of…
U.S.-Africa Energy Forum Partners with African Energy Chamber, African Energy Week 2025 To Deepen Cross-Border Investments
The U.S.-Africa Energy Forum in Houston has partnered with the African Energy Chamber and African Energy Week: Invest in African Energies to connect U.S. investors with Africa’s leading energy opportunities The U.S.-Africa Energy Forum (USAEF) is proud to announce its…
Umuseti Community Reaffirms Ownership of Land Purchased by Axxela, Dismisses Claims by Emu Ebendo
The Umuseti Community in Utagba-Ogbe, Kwale, hereby issue a formal response to recent claims by some protesters from the Emu Ebendo community regarding the ownership of a parcel of land purchased by Axxela Company. High Chief Emmanuel Akpe, spokesperson for…
NCDMB Launches ‘Champions of Nigerian Content Awards’
* Colocated With Nigerian Oil and Gas Opportunities Fair 2025 (NOGOF) The Nigerian Content Development Monitoring Board (NCDMB), in partnership with Sweetcrude Limited, publishers of Sweetcrude Reports, has announced the launch of the ‘Champions of Nigerian Content Awards’. This prestigious…
Nigeria’ Oil Minister Lokpobiri Tours TotalEnergies’ Offshore Fields: Calls for Increased Oil & Gas Investments
The Minister of State for Petroleum Resources, Senator Heineken Lokpobiri, on March 12, 2025, embarked on a one-day familiarization visit to TotalEnergies’ offshore fields, Ofon and Egina. The visit aimed to acquaint the Minister with TotalEnergies’ investment plans, ongoing projects,…
Renaissance Energy Completes Full Acquisition of Shell Nigeria’s $2.4bn Onshore Assets
Renaissance Africa Energy has finally completed the acquisition of the entire equity holding in Shell Petroleum Development Company of Nigeria (SPDC). This follows regulatory approvals by The Nigerian Upstream Petroleum Regulatory Commission (NUPRC); a process which had been stymied for…
Desert to Power: African Development Bank Group, Eritrea sign Agreement for 12 MW Mini-Grid Project
To build local capacity and ensure project sustainability, 25 local companies will be trained and equipped with tools and machinery The African Development Bank Group and Eritrea have signed an agreement for $19.5 million in grant funding for the Desert…
FG Approves Modular Refinery for Abia State
The Abia State Governor, Dr Alex Otti has disclosed that the Federal government has approved a modular refinery for Abia State, which will be cited inside the Abia Industrial and Innovative Park, AIIP. The Executive Governor disclosed this on Tuesday…
NMDPRA Seals 10 LPG Retail Outlets in Akwa Ibom State Over Regulatory Violations
The Federal Government, through the Nigerian Midstream and Downstream Petroleum Resources Authority, NMDPRA, Eket Field Office, has sealed 10 Liquified Petroleum Gas, LPG, retail outlets in Akwa Ibom for various infractions. The state Coordinator of NMDPRA, Ikechukwu Eseka, who made…
