NCDMB Unites Oil Industry Stakeholders to Boost Local Line Pipe Manufacturing
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NCDMB Unites Oil Industry Stakeholders to Boost Local Line Pipe Manufacturing

NCDMB Unites Oil Industry Stakeholders to Boost Local Line Pipe Manufacturing The Nigerian Content Development and Monitoring Board (NCDMB) has successfully brought together key oil and gas industry players to accelerate the local production and utilization of line pipes. This initiative aims to deepen local content, conserve foreign exchange, and create jobs within Nigeria’s oil…

Chevron Nigeria Honoured with Sustainable Energy Business Award at NIES 2025

Chevron Nigeria Honoured with Sustainable Energy Business Award at NIES 2025

Chevron Nigeria Honoured with Sustainable Energy Business Award at NIES 2025 Chevron Nigeria has been awarded the prestigious Sustainable Energy Business Award at the eighth edition of the Nigeria International Energy Summit (NIES) 2025. The recognition was presented during the Gala and Awards Night held on February 25, 2025, at the NICON Hilton Abuja. The…

Seplat Energy Reports N1.652 Trillion Revenue in 2024, Declares US 16.5 Cents Dividend Per Share

Seplat Energy Reports N1.652 Trillion Revenue in 2024, Declares US 16.5 Cents Dividend Per Share

Seplat Energy Reports N1.652 Trillion Revenue in 2024, Declares US 16.5 Cents Dividend Per Share Seplat Energy PLC, a leading Nigerian independent energy company listed on both the Nigerian Exchange and the London Stock Exchange, has announced its audited results for the financial year ended December 31, 2024. The company showcased significant operational and strategic…

Minister of State for Petroleum Resources (Oil) Senator Henieken Lokpobiri and other dignitaries visited the Shell exhibition booth at the just concluded 8th Nigeria International Energy Summit in Abuja.

Shell exhibition delivers value as Energy Summit ends in Abuja

Shell exhibition delivers value as Energy Summit ends in Abuja Shell companies in Nigeria underlined their participation at the 8th Nigeria International Energy Summit (NIES) in Abuja with a high-profile exhibition that hosted dignitaries among them the Minister of State for Petroleum Resources (Oil) Senator Henieken Lokpobiri. The Minister was briefed on the range of Shell…

Dangote Refinery to Refund Customers Overcharged for Fuel, Absorb N16 Billion Loss

Dangote Refinery to Refund Customers Overcharged for Fuel, Absorb N16 Billion Loss

Dangote Refinery in to Refund Customers Overcharged for Fuel, Absorb N16 Billion Loss Dangote Petroleum Refinery & Petrochemicals has announced a customer refund initiative for those who purchased Premium Motor Spirit (PMS) above the advertised rates from its key partners, MRS, Heyden, and AP (Ardova Plc), across Nigeria. This move comes after the refinery recently…

Nigeria Urged to Prioritize Ending Energy Poverty, Advocate for CNG Use

Nigeria Urged to Prioritize Ending Energy Poverty, Advocate for CNG Use

Nigeria Urged to Prioritize Ending Energy Poverty, Advocate for CNG Use Huub Stokman, Chairman of the Major Energies Marketers Association of Nigeria (MEMAN) and Chief Executive Officer of NNPC Retail Services, has called on Nigeria to urgently address its energy poverty crisis. Speaking at the Nigerian International Energy Summit (NIES), Stokman emphasized the global nature…

IOCs Cannot Take Nigeria for Granted – Okunbor

IOCs Cannot Take Nigeria for Granted – Okunbor

IOCs Cannot Take Nigeria for Granted – Okunbor Amid speculations that International Oil Companies (IOCs) are exiting Nigeria due to ongoing divestments and asset sales, the Country Chair and Managing Director of Shell Petroleum Development Company of Nigeria (SPDC), Osagie Okunbor, has reaffirmed that Nigeria remains a critical player in the global energy sector. Speaking…

Women Hold the Key to Africa's Green Energy Future, Says Transcorp CEO

Women Hold the Key to Africa’s Green Energy Future, Says Transcorp CEO

Women Hold the Key to Africa’s Green Energy Future, Says Transcorp CEO Dr. Owen Omogiafo, Chief Executive Officer of Transcorp Plc, has asserted that women are crucial to the future success of energy in Nigeria and across the African continent, particularly in the shift towards cleaner, sustainable energy sources. Speaking at a “Women in Energy”…

NIES Provides Platform for Collaboration, Strategic Partnerships for Industry Stakeholders – Lokpobiri
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NIES Provides Platform for Collaboration, Strategic Partnerships for Industry Stakeholders – Lokpobiri

NIES Provides Platform for Collaboration, Strategic Partnerships for Industry Stakeholders – Lokpobiri The Nigerian International Energy Summit (NIES) has once again proven to be a vital platform for collaboration and strategic partnerships among industry stakeholders, according to Senator Heineken Lokpobiri, Minister of State, Petroleum Resources (Oil). The Minister made this assertion during the opening ceremony…

Nigeria's Oil and Gas Sector Sees Surge in Investment and Production, Regulator Reports
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Nigeria’s Oil and Gas Sector Sees Surge in Investment and Production, Regulator Reports

Nigeria’s Oil and Gas Sector Sees Surge in Investment and Production, Regulator Reports The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced significant gains in the nation’s oil and gas sector, attributing the progress to its strategic regulatory interventions. Speaking at the Nigeria International Energy Summit (NIES), Commission Chief Executive (CCE), Engr. Gbenga Komolafe, highlighted…