Mrs Olu Arowolo Verheijen, Special Adviser to the President on Energy, has clarified recent media reports suggesting an imminent 65 percent increase in electricity tariffs. In a statement, Verheijen emphasized that while current tariffs cover approximately 65 percent of the…
Connecting Global Finance to African Projects: Invest in African Energy Returns to Paris for 2025 forum
Following the success of last year’s event, IAE 2025 will continue to unite the global investment community and showcase Africa’s most dynamic energy and infrastructure projects. As traditional financial institutions restrict fossil fuel lending, IAE 2025 will focus on catalyzing…
Africa’s Top 40 Movers and Shakers to Watch in 2025
The Top 40 Movers and Shakers spotlights key leaders driving transformative change in Africa’s energy sector, with a focus on sustainable development, investment mobilization and energy sovereignty The African Energy Chamber (AEC) is proud to announce its highly anticipated list…
WOGE 2024 Fostered Collaborations, Advanced Knowledge Sharing in Oil and Gas Sector– ZVECAN Group
The 9th World Oil and Gas Exhibition (WOGE 2024) fostered collaborations and advanced knowledge sharing in the oil and gas sector. This is contained in a statement signed by the Managing Director/Chief Executive Officer (CEO) of ZVECAN Oil and Gas…
Ardova Plc agrees Bulk Purchase Framework with Dangote Refinery
In a bid to guarantee supply security at affordable prices for its customers, Ardova Plc, one of Nigeria’s major integrated downstream oil and gas businesses has agreed to a bulk purchase framework with Dangote Refinery. This framework will see Ardova…
50MW MEPP Fully Operational in 2025 – Minister of State for Gas Lauds NNPCL for Achievement
The Honourable Minister of State for Petroleum Resources (Gas), Rt. Hon. Ekperikpe Ekpo, has commended NNPC Ltd. for successfully implementing the vision of the President by delivering impactful initiatives like the Maiduguri Emergency Power Project (MEPP). The Minister made this…
PNC2024: Chevron Is Committed to Nigerian Content, with Annual $1 Billion Investment on Local Suppliers in Last 10years – Jim Swartz
Jim Swartz, Chairman and Managing Director of Chevron Nigeria Ltd and Chevron Mid-Africa Business Unit Chevron Nigeria Ltd (CNL) has reaffirmed its commitment to Nigerian content development, stating that over the last 10years, the oil major has invested an estimated…
President Tinunu Celebrates Revival of Port Harcourt Refinery
President Bola Tinubu has extended his heartfelt congratulations to the Nigeria National Petroleum Company Limited (NNPCL) on the successful revitalization of the Port Harcourt refinery, marked by the official commencement of petroleum product loading on November 26, 2024. The President,…
The Future of Energy: Shaping the Workforce of Tomorrow
Keynote Address At the African Energy Week (AEW) 2024 At the 2024 African Energy Week in Cape Town, South Africa, Olu Arowolo Verheijen, Special Adviser on Energy to the President of Nigeria, delivered a compelling address on the future of…
NNPC Ltd Announces 1.8million bpd Production, Set End of Year Target of 2million bpd
The Nigerian National Petroleum Company Limited (NNPC Ltd) and its partnershave revved up crude oil and gas production to 1.8million barrels per day (mbpd) and 7.4 billion standard cubic feet per day (bscfd). The company which announced this at a…