Tinubu’s Oil and Gas Policies Set to Create 2.3m Jobs, Boost GDP by $17bn – FG
The Federal Government of Nigeria has projected the creation of 2.3 million jobs and a $17 billion boost to the nation’s GDP once President Bola Tinubu’s new oil and gas policies are implemented.These policies, unveiled on March 6,!-->!-->!-->!-->!-->…
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Petrol Pump Prices Skyrocket in Nigeria: Zamfara Leads with N750.43/Litre Average
By William Emmanuel UkpojuIn a startling revelation, Nigieria witnessed a significant escalation in the average retail price of Premium Motor Spirit (Petrol) in February 2024. According to the latest data from the National Bureau!-->!-->!-->!-->!-->…
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CNG: Federal Govt Targets 70% Fuel Cost Reduction
…Begins training, conversion of Army fleet vehiclesThe federal government of Nigeria has embarked on an ambitious initiative aimed at slashing fuel costs by up to 70 per cent through the adoption of Compressed Natural Gas (CNG) as!-->!-->!-->!-->!-->…
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Kyari Calls for Differentiated Energy Transition for Africa
…Says FID on Nigeria Morocco Gas Pipeline to be Taken in December
By Saidu AbubakarAs global calls for transition to cleaner energy fuels continue to grow, the Group Chief Executive Officer of Nigerian National Petroleum Company!-->!-->!-->!-->!-->!-->!-->…
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Nigerians knock FG over Port Harcourt refinery’s promised operation in 2 weeks
On Thursday, March 13, Nigerians were again greeted with the news that the Port Harcourt Refinery would become operational in two weeks time.The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Mele!-->!-->!-->!-->!-->…
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Tinubu Raises NNPC Contract Approval Threshold to $10m
President Bola Tinubu has raised the contract approval threshold for the Nigerian National Petroleum Company (NNPC) Limited to a minimum of $10 million or its equivalent in Naira.In an executive order issued in Abuja, the President!-->!-->!-->!-->!-->…
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Driving Growth: Professor Okoye’s Books Offer In-depth Understanding of Petroleum Marketing
Prof. Billy Okoye
By William Emmanuel UkpojuThe Coordinator of Oil, Gas and Energy Marketing of the University of Abuja Business School, Professor Billy Okoye, has applauded the Nigerian National Petroleum Company Limited for!-->!-->!-->!-->!-->…
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IEA Set for 17th Energy Efficiency Policy Training Week in Kenya
By Adaobi Rhema Oguejiofor
The International Energy Agency (IEA) has announced its upcoming 17th Energy Efficiency Policy Training Week, which aims to build capacity among policy makers from emerging economies.The Agency!-->!-->!-->!-->!-->!-->!-->…
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NUPRC and Polish firm partner for sustainable energy solutions on global scale
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and New Energy Transfer Group (NET) Poland have forged a promising avenue for collaboration aimed at advancing research, promoting sustainable energy solutions, and!-->!-->!-->…
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UTM Seeks NCDMB’s Equity Investment in Floating LNG Plant
By Patience Chat MosesPromoters of Nigeria’s first Floating Liquefied Natural Gas (FLNG) facility, UTM Offshore Limited, have urged the Nigerian Content Development and Monitoring Board (NCDMB) to invest equity in the project!-->!-->!-->!-->!-->…
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