Category: Energy

Seplat Energy COO Lauds Divestment Activities In Nigeria’s Energy Industry
December 7, 2023 No Responses

Seplat Energy COO Lauds Divestment Activities In Nigeria’s Energy Industry

The divestment story in Nigeria’s petroleum upstream sector has been a success case in terms of value creation, realisation and retention for the economy, the Chief Operating Officer, Seplat Energy Plc, Mr. Samson Ezugworie has said. According to the Seplat...
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Nigeria Partners Germany On Presidential Power Initiative
December 2, 2023 No Responses

Nigeria Partners Germany On Presidential Power Initiative

President Bola Tinubu and German Chancellor, Olaf Scholz on Friday witnessed signing of an agreement targeted at expediting the implementation of the Presidential Power Initiative (PPI) to improve electricity supply in Nigeria.   ...
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Seplat Energy wins SISA’s CSR Award For Education Empowerment
November 28, 2023 No Responses

Seplat Energy wins SISA’s CSR Award For Education Empowerment

Seplat Energy Plc has won the Social Impact & Sustainability Awards (SISA) CSR Award for Education Empowerment organized by CSR Reporters. CSR Reporters is Africa’s premier all-Corporate Social Responsibility (CSR) and Sustainability ...
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Minister Lauds Waltersmith Group, NCDMB For Improving Domestic Refining Capacity
November 23, 2023 No Responses

Minister Lauds Waltersmith Group, NCDMB For Improving Domestic Refining Capacity

The Minister of State for Petroleum (Oil), Senator Heineken Lokpobiri, has commended Waltersmith Group and the Nigerian Content Development and Monitoring Board (NCDMB) for supporting the Federal Government agenda of improving domestic refining capacity. Speak...
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Edo, Delta, Ondo, Ekiti To Repurchase BEDC Shares
November 21, 2023 No Responses

Edo, Delta, Ondo, Ekiti To Repurchase BEDC Shares

The Edo State Governor, Mr. Godwin Obaseki, has said plans are underway by Edo, Delta, Ekiti, and Ondo States, to buy back their shares from the Benin Electricity Distribution Company (BEDC) and reorganize the distribution company, providing a lasting solution...
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Factors Responsible For Electricity Failure In Nigeria, By Stakeholders
November 19, 2023 No Responses

Factors Responsible For Electricity Failure In Nigeria, By Stakeholders

Unknown to many Nigerians, failure in regular electricity supply to households and businesses in the country is not only as a result of government negligence or lack of resources to generate it, but also due to complicated web of offic...
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Firm Earmarks $3b For Eleven LNG Carriers
November 16, 2023 No Responses

Firm Earmarks $3b For Eleven LNG Carriers

After revealing plans to shift its business focus towards the LNG carrier sector, Capital Product Partners L.P. (CPLP) has now entered into an agreement to acquire eleven newbuild LNG carriers for a total price of $3.1 billion. Under the agreement,...
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NNPC Tasks Stakeholders On Diversified Energy Portfolio
November 15, 2023 No Responses

NNPC Tasks Stakeholders On Diversified Energy Portfolio

The Group Chief Executive Officer, Nigerian National Petroleum Corporation Limited (NNPC Ltd), Mele Kyari has charged stakeholders within the Nigerian oil and gas industry to adapt, evolve and lead in the ever-changing global energy landscape.  Kyari gave...
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Roger Brown: Africa Should Reposition Energy Industry For The Future 
November 15, 2023 No Responses

Roger Brown: Africa Should Reposition Energy Industry For The Future 

Africa should reposition the energy industry for the future and become much more efficient with its energy resources, the Chief Executive Officer, Seplat Energy Plc, Mr. Roger Brown has said. He urged African countries to accept the fact that energy...
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NCDMB Partners SLB, Varsities, Unveil Software Solutions For Oil, Gas Industry
November 15, 2023 No Responses

NCDMB Partners SLB, Varsities, Unveil Software Solutions For Oil, Gas Industry

The Nigerian Content Development and Monitoring Board (NCDMB) and SLB, a global technology company on Tuesday in Lagos unveiled the first three products of their joint program, the NCDMB-SLB Technology Enhancement Program (N-STEP), a platform whereby students ...
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Wabote Canvases Increased Crude Oil, Gas Production To Avert Importation for Refineries
November 14, 2023 No Responses

Wabote Canvases Increased Crude Oil, Gas Production To Avert Importation for Refineries

The Executive Secretary Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote has warned that Nigeria might resort to importing crude oil for its upcoming and existing refineries if concerted efforts are not made to increase the ...
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NNPC Settles PENGASSAN-Total Energies Rift, Restores Production of 275,000bopd
November 13, 2023 No Responses

NNPC Settles PENGASSAN-Total Energies Rift, Restores Production of 275,000bopd

Following a peace deal brokered on Sunday by the Nigerian National Petroleum Company Limited, NNPCL, between the Management of Total Energies, operator of the NNPC/Total JV, the Petroleum and Natural Gas Senior Staff Association, (PENGASSAN) and the Niger...
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Corporate Governance: NCDMB Counsels Heritage Energy, Indigenous Firms On NC Compliance
November 11, 2023 No Responses

Corporate Governance: NCDMB Counsels Heritage Energy, Indigenous Firms On NC Compliance

The management of Heritage Energy Operational Services Limited (HEOSL) and other indigenous oil and gas companies have been advised to adopt strict corporate governance guidelines in their operations if they want their firms to grow sustainably. The companies ...
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Russia-Ukraine Crisis Takes Toll On Nigeria’s Crude
November 9, 2023 No Responses

Russia-Ukraine Crisis Takes Toll On Nigeria’s Crude

The Nigerian National Petroleum Company Limited (NNPC Ltd.) has provided insight into how the lingering conflict between Russia and Ukraine has impacted Nigerian crude oil inflows in the international oil market, leading to a dip in demand from the once-depend...
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