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Energy
Innoson Unveils Gas-Powered Vehicles
By Moses Patience Chat
The Management of Innoson Vehicle Manufacturing Company Limited (IVM) has unveiled its natural gas-powered trucks, buses and cars into the Nigerian market.
The new set of vehicles were recently unveiled by!-->!-->!-->!-->!-->!-->!-->…
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Seplat Confirms 2023 AGM Despite Court Case
By Adaobi Rhema Oguejiofor
Seplat Energy, a Nigeria's leading indigenous energy company, has said that it would hold its 2023 Annual General Meeting (AGM), which has been scheduled for May 10 as planned.
This was disclosed in a!-->!-->!-->!-->!-->!-->!-->…
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Agip Renews FPSO Contract with BW Offshore for Abo Field Development
By Adaobi Rhema Oguejiofor
The Nigerian Agip Exploration (NAE) Limited, a subsidiary of Italy’s oil and gas giant Eni, has implemented another short-term contract extension with Bergesen Worldwide (BW) Offshore Limited, the global!-->!-->!-->!-->!-->…
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Environmental Pollution: Niger Delta Communities Threaten $1trn Suit Against FG, IOCs
By Moses Patience Chat
The Host Communities Network of Nigeria in the country's Niger Delta region has threatened to sue International Oil Companies (IOCs) and the Federal Government for $1 trillion over environmental pollution.
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Nigeria’s Crude Oil Production Drops By 2% in March
By Adaobi Rhema Oguejiofor
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has disclosed that Nigeria’s oil production on a month-on-month basis dropped by two percent from 1.547million barrels per day (mbpd) in!-->!-->!-->!-->!-->…
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FG Finalizes Alternative Funding Plans for Petroleum Development Projects
By Moses Patience Chat
The Federal Government has Finalized plans to explore alternative funding structures for the development of oil and gas projects in the country.
The plans are targeted at achieving the sustainable!-->!-->!-->!-->!-->!-->!-->…
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IEA Recommends 5 Emission Reduction Pathways for IOCs
By Moses Patience Chat
The International Energy Agency (IEA) has recommended five pathways that oil and gas companies and operators can adopt in order to reduce emissions from their operations.
This was contained in its report!-->!-->!-->!-->!-->!-->!-->…
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Kyari Tells African Nations to Leverage AfCFTA for Continent’s Energy Sustainability
By Adaobi Rhema Oguejiofor
The Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company (NNPC) Limited, Mallam Mele Kyari, has said that in order to ensure the sustainability of Africa's energy sector,!-->!-->!-->!-->!-->…
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NUPRC Calls for Implementation of Equitable, Sustainable Energy Mix for Energy Security
By Moses Patience Chat
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has said that the ongoing energy transition discourse should revolve around implementation of a fair, equitable and sustainable energy mix that!-->!-->!-->!-->!-->…
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FG Directs NNPCL to Sell Crude to Modular Refineries at Official CBN Dollar Rate
By Moses Patience Chat
The Federal Government of Nigeria has directed the Nigerian National Petroleum Company Limited (NNPCL) and other regulators in the petroleum industry to sell crude oil to operators of modular refineries at the!-->!-->!-->!-->!-->…
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