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Power and Energy stakeholders are set to brainstorm at the 2nd edition of Nigeria Power Outlook scheduled to hold in an hybrid form ( In-person/Virtual) between 28th-29th, April, 2021 at the Civic Center, Victoria Island, Lagos,…

By Ikenna Omeje The Governor of Lagos State, Babajide Sanwo-Olu, on Thursday said that the state government has formally sealed a Joint Venture Agreement with a Chinese firm -- CIG Motors Limited --- for the establishment of a…

... Thanks Sylva for His Role As Special Envoy By Ikenna Omeje The Organization of Petroleum Exporting Countries (OPEC) and its allies, known as OPEC+, withheld 2.3 billion barrels of oil between April 2020 and January 2021, in…

Mordi chukwunonso Esther The Petroleum Technology Association of Nigeria (PETAN) is set to host the fifth Sub Sahara Africa International Petroleum Exhibition and Conference (SAIPEC) scheduled to hold at the Eko Convention…

Mordi chukwunonso Esther  Fuel retailers have accused private depots of seeking to make excessive gain from the current fuel scarcity being experienced across the country. Mr. Billy Gillis-Harry, National President, Petroleum…

By Ikenna Omeje In its continuous drive to deepen gas utilization in Nigeria, the Federal Government, through the Ministry of Petroleum Resources, will formally launch The Decade of Gas programme on March 29, 2021. The hybrid…

Daniel Terungwa The Department of Petroleum Resources (DPR) has warned marketers against hoarding of Petroleum products in their outlets. This was contained in a press release signed by the Head, Public Affairs, DPR, Mr Paul Osu.…

Mordi chukwunonso Esther Nigeria and OCP Africa have signed a pact in Morocco to aid the second phase of the Nigerian Presidential Fertilizer Initiative. The pact was signed by the Nigerian delegation chaired by H.E the…

By Ikenna Omeje The Transmission Company of Nigeria (TCN), on Sunday, February 28, 2021, successfully transmitted another new record peak generation of 5,615.40MW, at about 9:30pm. The new peak generation which was…

…NCDMB, NNPC to take equity in Ammonia plant The Federal Government and the Kingdom of Morocco on Tuesday signed five strategic Memorandum of Understandings (MOUs) that…

Mordi chukwunonso Esther  Independent Petroleum Marketers Association (IPMAN) Kano state branch has commended the Nigerian National Petroleum Corporation (NNPC) for the prompt measures it has taken to address the fuel scarcity which…

By Ikenna Omeje Nigeria, Senegal, Mozambique, South Africa, Tanzania, Cameroon, Algeria and Equatorial Guinea are on their way to becoming major players in global Liquefied Natural Gas (LNG) market, the Executive Chairman,…

By Ikenna Omeje Oil prices could end up $10 lower in the future than they otherwise would if the transition to cleaner energy speeds up, a Rystad Energy analysis has said. This is as a result of the consecutive downturns…

...ANOH Gas Project to be Delivered in H1'2022 By Ikenna Omeje Seplat Petroleum Development Company Plc , a leading Nigerian independent energy company listed on both the Nigerian Stock Exchange (NSE) and the London Stock…

By Ikenna Omeje The Federal Government, through the Central Bank of Nigeria (CBN) and the Nigeria Sovereign Investment Authority (NSIA) as well as its Partner, Africa Finance Corporation (AFC), is requesting an expression of…

Mordi chukwunonso EstherShell, in supporting the fight against the COVID-19 pandemic, has made a $10 million donation to COVAX, the global initiative to make vaccines more widely available. The UN Secretary-General, António…

Leading energy company, The Shell Petroleum Development Company of Nigeria Limited (SPDC), has restated commitment to support the Federal Government of Nigeria’s goal of using the country’s proven gas reserves to trigger economic…

Viviane Mike-Eze is the Head of Marketing Communications for Schneider Electric, covering Anglophone West Africa. A French and Nigerian national, she has built an international career over the past 10 years across France, Nigeria, the…

By Ikenna Omeje, Emeka Eboagwu and Jerome Onoja In 2020, the global economy was brought to its knees as a result of lockdowns and restriction of movement put in place by various countries being part of measures to reduce the spread…

The Nigerian Content Development and Monitoring Board (NCDMB) on Wednesday inaugurated 40 companies as part of its Project 100 Supplier Development Programme. The Board started Project 100 in January 2019 with 60 companies with the…

By Ikenna Omeje Nigeria is fast moving from an oil driven market to a gas-enabled market, with an emerging renewable sector, the Chief Executive Officer (CEO) of Seplat Petroleum Development Company, Mr. Roger Brown, has said. …

Mordi chukwunonso Esther  The Environmental Rights Action/Friends of the Earth Nigeria (ERA/FoEN) has expressed concern over the safety of Ogboinbiri community in Southern Ijaw Local Government Area of Bayelsa State where the…

By Ikenna Omeje Following a major plant failure that occurred in 2017, leading to suspension of operations, the Kaduna Refinery & Petrochemical Company (KRPC) is expected to resume operations by the first quarter of 2023. The…

Mordi chukwunonso Esther  Electric-car maker Fisker Inc has said it will work with Apple supplier Foxconn to produce more than 250,000 vehicles a year from late 2023, jumpstarting its shares. Fisker’s shares jumped 23.4% to…

Daniel Terungwa The Minister of Mines and Steel Development, Arc. Olamilekan Adegbite, has stated that Nigeria has one of the lowest gold export royalty in the world. Adegbite noted that the royalty fee accruable to the…

Daniel Terungwa The Federal Government has blamed insecurity as the major reason for the abandonment of Port Harcourt, Warri and Calabar Seaports by importers and exporters. The Minister of Transportation,…

Daniel Terungwa The Maritime Workers Union of Nigeria, MWUN, National Joint Industrial Council, NJIC, alongside other stakeholders in the maritime labour industry have commenced negotiations for the increment of wages and…

Mordi chukwunonso Esther The Director, Department of Petroleum Resources (DPR),Mr Sarki Auwalu, has said that the Federal Government is committed to reactivating all moribund oil and gas support facilities across the…

Mordi chukwunonso Esther Investigation into the January 16, spills near Funiwa offshore facilities off the coast of Bayelsa State has taken environmentalists, regulators and the state government beyond Chevron facilities…

  Mordi chukwunonso Esther The Niger Delta Development Commission, NDDC, has announced plans to train youths in the region on vehicle manufacturing at the Innoson Vehicle Manufacturing Company in Anambra State, as…