Nigeria’s upstream sector has received a significant boost after Renaissance Africa Energy announced a major offshore oil discovery in OML 74. Industry estimates put the discovery at about 27 million barrels of recoverable light crude, making it one of the country’s most commercially significant exploration successes in recent years.
Ahead of COP30, Nigeria Declares: It is Time for Africa To Define Its Own Energy Transition – Lokpobiri
At OTL West Africa 2025, Nigeria’s Minister of State for Petroleum Resources, Heineken Lokpobiri, declared that Africa must define its own energy transition. Rejecting the “weaponisation of capital” by the Global North, he reaffirmed Nigeria’s focus on an equitable energy mix ahead of COP30.
CORAN 2025 Summit to Host Renowned Speakers
The Crude Oil Refinery Owners Association of Nigeria (CORAN) have confirmed a line-up of eminent speakers to headline the 2nd Nigeria Refining Summit. Leading the line-up is Engr. Farouk Ahmed, Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory…
Inaugural Africa Energy Investment Summit Sparks New Drive for Africa’s Energy Security
The inaugural Africa Energy Investment Summit held in New York has marked a defining moment in Africa’s journey toward energy sovereignty, industrialization, and sustainable growth. Timed strategically to coincide with the United Nations General Assembly (UNGA), the landmark gathering brought…
Lokpobiri, Adelabu, Ojulari, Others Set for NAEC Energy Conference 2025
As Masters Energy Group President, Uche Ogah to be Conference Chairman Maiden NAEC Industry Awards to be unveiled High level stakeholders in Nigeria’s oil, gas, power, mines, steel, and solid minerals have confirmed their attendance at the upcoming 2025…
NOG 25: Nigeria’s Oil Future–Lokpobiri Calls for Revived Production, Flags Dormant Wells
At the 2025 Nigeria Oil and Gas Conference, Minister Heineken Lokpobiri reaffirmed the government’s drive to boost crude production, revive dormant oil wells, and strengthen local content and investor confidence.
Lokpobiri: FG is invested in Reactivation of Dormant Oil Assets to Boost Production
In a renewed drive to enhance Nigeria’s crude output and energy security, the Federal Government has restated its commitment to unlocking dormant and underutilized oil assets across the country. This effort forms part of a broader strategy to boost national…
FG Reaffirms Local Content as Engine of Oil Sector Growth at NOGOF 2025
The Federal Government has reiterated its commitment to deepening local content as a critical driver of industrialization, innovation, and inclusive economic growth in Nigeria’s oil and gas industry. Senator Heineken Lokpobiri, Minister of State for Petroleum Resources (Oil), made this…
Oil Minister meets with OTL Africa Downstream Team; Affirm’s Government’s Commitment to Enhancing Local Refining Capacity
Minister Lokpobiri Confirm’s Participation in the 2025 Edition. The Honourable Minister of State Petroleum Resources (Oil), Senator Heineken Lokpobiri has highlighted the importance of the downstream value chain of the petroleum industry to Nigeria, and the commitment of the Federal…
Accelerating Nigeria’s Energy Progress: Investment, Partnerships, and Innovation Take Center Stage at NOG Energy Week
By Jerome Okojokwu-Idu As Nigeria charts its course toward a sustainable energy future, the 2024 NOG Energy Week played a vital role in shaping discussions across government and private sectors by showcasing the available opportunities and driving investment to meet…