Industry

The Nigeria Navy has uncovered 15 massive illegal refining camps, each equipped with six cooking pots and metal storage tanks with capacity to hold about 30,000 litres of crude oil, culminating in about 2.7 million litres of crude oil…
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The Central Bank of Nigeria has created a department to deal with crude oil sales transactions by the Nigerian National Petroleum Company Limited, the Group Chief Executive Officer, NNPC, Mele Kyari, announced on Thursday. Kyari…
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In a significant development for Nigeria’s oil and gas industry, Shell Petroleum Development Company Limited (SPDC) has delivered 475,000 barrels of crude oil to the Port Harcourt Refinery, marking a crucial step towards its imminent…
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By William Emmanuel Ukpoju In a landmark meeting held at the Senate Building in Abuja, the Senate Committee on Local Content engaged in its inaugural interactive meeting with the leadership of the Nigerian Content Development and…
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By Bashir Bello The Senate Committee on Local Content has denounced the extractive operational practices carried out by international oil companies in Nigeria. This decision emerged following discussions between the committee and…
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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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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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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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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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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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