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Industry
Shell Visits NCDMB, Plans FID for Bonga, Gas Projects
General Manager Business and Government Relations for Shell Companies in Nigeria (SCiN), Mr. Ed Ubong; Chairman of Shell Companies in Nigeria (SCIN), Mr. Osagie Okunbor; Executive Secretary, Nigerian Content Development and Monitoring!-->…
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Big Wins from Dangote Refinery
By Yange Ikyaa
The Dangote Refinery and Petrochemical Company recently commenced production seven months after it was inaugurated and the commencement of crude oil refining at the facility has generated a lot of excitement and!-->!-->!-->!-->!-->…
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Why Nigeria’s Power Plants Under-performed in 2023
By Yange Ikyaa
Nigeria is credited with 12,643 megawatts of installed electricity generation capacity, but in 2023, an official report indicated that only a paltry 4,211 megawatts of electricity was produced in the third quarter of!-->!-->!-->!-->!-->…
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High Expectations as Nigeria Plans $13.5bn Energy Investments in One Year
Mrs. Olu Verheijen
By Yange Ikyaa
After recent revelation of plans by the Federal Government to invest the sum of $13.5 billion in Nigeria’s energy sector within the next 12 months, expectations remain high among Nigerians as high!-->!-->!-->!-->!-->…
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Global Renewable Energy Records 50% Growth in 2023
By Patience Chat Moses
A report from the International Energy Agency (IEA) has indicated that global renewable energy capacity grew by the fastest pace recorded in the last 20 years in 2023, which could put the world within reach of!-->!-->!-->!-->!-->…
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How Chinese Partnership Earned Nigeria $1bn to Curb Gas Flaring
By Yange Ikyaa
An indigenous company, NIGUS International, has entered into an agreement with a Chinese firm to fund and develop solutions to the menace of gas flaring in Nigeria.
The agreement with the Chinese partner, Beijing!-->!-->!-->!-->!-->!-->!-->…
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NCDMB Parleys With Chevron, Reiterates Commitment To Oil Industry Projects
Executive Secretary Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe; Deputy Managing Director, Chevron Nigeria Limited, Mr. Cosmas Iwueze. and senior management of the NCDMB and Chevron Nigeria after!-->…
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NUPRC Boss Komolafe Advocates Collaboration, Optimisation
By Patience Chat Moses
The Chief Executive Officer (CEO) of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Engr. Gbenga Komofe, has emphasised the critical need for fostering synergy, collaboration and!-->!-->!-->!-->!-->…
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NNPC Ltd Woos South Korean Investors for Gas Projects
…Felicitates Temile Devt. Company on Acquisition of LPG Carrier
The Nigerian National Petroleum Company Limited (NNPC Ltd) has held talks with a South Korean consortium led by Daewoo E & C on the development of gas projects in!-->!-->!-->!-->!-->…
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Compared to its peers, NNPC’s N2.5trn profit leaves little to cheer
The Nigerian National Petroleum Company (NNPC)’s latest announcement of a N2.5 trillion profit for 2022 has failed to impress some stakeholders, who are raising concerns about the figure's context compared to its international peers.
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