Industry

Mele Kyari, the group managing director of the Nigerian National Petroleum Corporation (NNPC), says the country is working on building a condensate refinery towards the goal of self-sufficiency in refined petroleum products. Speaking on…
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Billed to be the world’s biggest single-refinery train at 650,000 barrels per day capacity (bpd), the Dangote Petroleum Refinery could meet Nigeria’s, if not Africa’s refining need but would slug it out for market share with a new $20bn…
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-Benjamin Ike The Covid-19 pandemic has set in motion the largest drop in global energy investment in history, with spending expected to plunge in every major sector this year – from fossil fuels to renewables and efficiency – the…
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-By Gideon Osaka Agitations over perceived marginalisation of the South-South region in the distribution of national oil wealth and resources was freshly reignited recently when a group from the region issued strong condemnation over…
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-Fred Ojiegbe (with APO Group) The African Energy Chamber has become a signatory to the Equal by 30 Campaign which calls for equal pay, equal leadership, and equal opportunities for women in the clean energy sector by 2030. The Chamber…
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-By Fred Ojiegbe The loss of billions of dollars through gas flaring has continued despite the target by the Federal Government to end the practice this year and at a time the government revenues are stretched by the impact of the…
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-By Fred Ojiegbe The local content aspects of the Nigerian oil and gas industry came under the spotlight recently as the enactment of the Nigerian Oil and Gas Industry Content Development (NOGICD) Act clocked 10 years. The NOGICD Act…
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-By Gideon Osaka The crash in global demand for liquefied natural gas appears to pose a threat to Nigeria’s revenue from the export of the commodity. Nigeria, which is among the top 10 largest exporters of the LNG in the world, has a…
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-By Gideon Osaka It has emerged that one of the oil market’s most obvious signs of oversupply, millions of barrels being stored on tankers all over the world, is showing very tentative signs of shrinking. According to S&P Global…
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Fred Ojiegbe (with APO Group) As global markets think of the post-Covid-19 world and how the pandemic will reshape business models worldwide, African countries are coming to terms with a bitter reality: the continent has still not…
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