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Industry
Oil Theft: Investors Evade Nigeria, NNPC laments, seeks EFCC’s Support
The Nigerian National Petroleum Company (NNPC) Limited has lamented that no one is ready to invest in the oil sector due to the menace of oil theft while seeking the help of the Economic and Financial Crimes Commission (EFCC) in!-->!-->!-->…
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Nigeria’s Trans-Niger Pipeline Hits Milestone: Crude Transport Exceeds 200,000 Barrels/Day
The Trans-Niger Pipeline (TNP) has achieved a new milestone with crude transport surpassing 200,000 barrels per day (bpd) in the last six months.
This achievement signals a resurgence for the country’s largest oil pipeline and!-->!-->!-->!-->!-->…
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SNEPCo MD, Aiboni wins Energy Personality Award
Permanent Secretary, Ministry of Petroleum Resources, Amb. Nicholas Agbo Ella, presenting the 2023 Energy Personality Award to the Managing Director, Shell Nigeria Exploration and Production Company Limited (SNEPCo,) Elohor Aiboni, at the!-->…
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Inside TCN’s Three-year Stable Electricity Plans
By Abubakar Ismail
Nigeria's electricity sector is preparing for a significant overhaul, with the Transmission Company of Nigeria (TCN) setting an ambitious target to slash transmission losses by 6.5 per cent by 2026.
This move!-->!-->!-->!-->!-->!-->!-->…
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Renewed Interest to Put Nigeria on World Petrochemical Map
By Gideon Osaka
Nigeria is home to significant reserves of petroleum and natural gas, and has been major producer of crude oil for many years. Although the petrochemical segment of the industry has not experienced corresponding!-->!-->!-->!-->!-->…
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As FG Interventions Crash, Cooking Gas Prices Skyrocket
By Ese Ufuoma
A major supply crisis is rattling the domestic Liquefied Petroleum Gas (LPG) sector as the price of LPG commonly known as cooking gas continue to rise astronomically and uncontrollably in the country.
This situation!-->!-->!-->!-->!-->!-->!-->…
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NCDMB Plays Leading Role at SAIPEC 2024
By Ese Ufuoma
Nigerian Content Development and Monitoring Board (NCDMB), Africa's beacon of local content development took centre stage at the 8th Sub-Saharan Africa International Petroleum Exhibition and Conference (SAIPEC) in!-->!-->!-->!-->!-->…
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Nigeria Targets 50% Fare Reduction on Gas Utilization
By Yange Ikyaa
The Nigerian government is looking to gas for a solution to the high cost of transport fare in the country.
This is according to the Minister of Information and National Orientation, Mohammed Idris, who recently!-->!-->!-->!-->!-->!-->!-->…
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How Escravos will Benefit from Nigeria’s $27bn Deal with Japan
By Yange Ikyaa
A recent deal between Nigeria and Japan will see one of Nigeria’s most important energy hubs benefit from a $27.29-billion investment for the development of an important oil and gas project.
The project, which is!-->!-->!-->!-->!-->!-->!-->…
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Nigeria, Far from Net-zero Commitment ― Analysts
By Abubakar Ismail
Despite making strides to achieve its net-zero commitment, Nigeria is still facing significant challenges in the direction of implementing measures geared towards realising its 2060 climate goal. Experts emphasize!-->!-->!-->!-->!-->…
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