Category: Energy

NCDMB Unveils Bell Oil And Gas’ Pipe Threading Plant
November 7, 2024 No Responses

NCDMB Unveils Bell Oil And Gas’ Pipe Threading Plant

A multi-million-dollar pipe threading and valve assembly facility built by Bell Oil & Gas was commissioned on Tuesday at Lekki Free Zone, Lagos State by the Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe and...
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Oando Wins ‘Deal Of The Year’ Award
November 6, 2024 No Responses

Oando Wins ‘Deal Of The Year’ Award

Oando Plc, listed on the Nigerian Stock Exchange (NGX) and Johannesburg Stock Exchange (JSE) has emerged winner of the ‘Deal of the Year’ award at Africa Energy Week (AEW) 2024.The Africa Energy Chamber (AEC), the organisers of the annual week-long...
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Chevron Explains Fresh Agenda For Oil Exploration, Drilling In Nigeria, Others
November 6, 2024 No Responses

Chevron Explains Fresh Agenda For Oil Exploration, Drilling In Nigeria, Others

Chevron Corporation has announced plans to increase its exploration holdings in African oil producers such as Nigeria and Angola. The company promised to ramp up its exploration efforts due to the anticipated potential for a production rebound in both countrie...
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Nigeria, Morocco, ECOWAS Advance $26b African Gas Pipeline Talks
November 6, 2024 No Responses

Nigeria, Morocco, ECOWAS Advance $26b African Gas Pipeline Talks

The Nigerian Government has reaffirmed its commitment to go on with the $26 billion African Atlantic Gas Pipeline project in collaboration with Morocco, Mauritania, and the Economic Community of West African States (ECOWAS).  Representatives of Nigeria ex...
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PETROAN Accuses Dangote Of Trying To Stifle Competition
November 5, 2024 No Responses

PETROAN Accuses Dangote Of Trying To Stifle Competition

Petroleum Products Retail outlets Owners Association of Nigeria (PETROAN) has accused Dangote Refinery of trying to suppress competitors in the downstream sector. The marketers’ accusation follows Dangote Refinery’s claim that marketers are complaining of ...
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Oando Reports N60.3b Profit, N2.9tri Revenue In 2023
November 4, 2024 No Responses

Oando Reports N60.3b Profit, N2.9tri Revenue In 2023

Oando Plc has reported a Profit After Tax (PAT) of N60.3 billion in its audited financials for the year ended December 31, 2023.City Business News online reports that within the period, the company recorded a 43 per cent increase in...
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Dangote Refinery: We Sell At N960/litre Into Ships, N990 For Trucks
November 3, 2024 No Responses

Dangote Refinery: We Sell At N960/litre Into Ships, N990 For Trucks

Dangote Refinery, on Sunday disclosed that it is selling petrol at a reduced rate of N960 per liter for supply via ships and N990 per liter for supply via trucks.A statement issued by Group Chief Branding and Communications Officer, Anthony...
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CNG: PCNGI, NADDC, Caution Against Illegal Conversion Centres
November 3, 2024 No Responses

CNG: PCNGI, NADDC, Caution Against Illegal Conversion Centres

The Federal Government through the Presidential Compressed Natural Gas Initiative (PCNGI) and the National Automotive Design and Development Council (NADDC), at the weekend advised Nigerians to patronise only accredited centres for the conversion of their...
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At Lagos Trade Fair, Sanwo-Olu Harps On Renewable Energy, Green Business Practices
November 2, 2024 No Responses

At Lagos Trade Fair, Sanwo-Olu Harps On Renewable Energy, Green Business Practices

Lagos State Governor, Mr. Babajide Olusola Sanwo-Olu has reaffirmed the commitment of the state government to promoting green business practices and renewable energy. City Business News reports that Governor Sanwo-Olu stated this on Friday at the opening cerem...
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ABC Transport Expands Haulage Capacity At Lafarge Cement, Rolls Out CNG Trucks
November 1, 2024 No Responses

ABC Transport Expands Haulage Capacity At Lafarge Cement, Rolls Out CNG Trucks

ABC Haulage, the heavy-duty trucking division of ABC Transport Plc, has expanded itscapacity at Lafarge Africa’s cement factory. City Business News reports that this strategic move includes the introductionof a fleet of Compressed Natural Gas (CNG) powered t...
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TotalEnergies Announces First Oil From Mero Field
October 31, 2024 No Responses

TotalEnergies Announces First Oil From Mero Field

TotalEnergies has announced first oil from the third development phase of the Mero field on the Libra block, located 180 kilometers off the coast of Rio de Janeiro, Brazil, in the pre-salt area of the Santos Basin. Launched in August...
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NCDMB To Unveil New Contract Cycle Guidelines For Oil, Gas Industry
October 30, 2024 No Responses

NCDMB To Unveil New Contract Cycle Guidelines For Oil, Gas Industry

The Nigerian Content Development and Monitoring Board (NCDMB) is gearing up to launch new Contracting Cycle Guidelines for the oil and gas industry in compliance with the Presidential Directives on Local Content announced by President Bola Ahmed Tinubu in Marc...
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NLNG Appoints Sofia Horsfall As New External Relations Manager
October 29, 2024 No Responses

NLNG Appoints Sofia Horsfall As New External Relations Manager

Photo Caption:L -R: Sofia Horsfall, Andy Odeh, and Anne-Marie Palmer-Ikuku The Nigeria Liquefied Natural Gas (NLNG) has appointed Sofia Horsfall as the new General Manager, External Relations with effect from November 1, 2024.Sophia will take over from Andy Od...
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CNG: Dangote Invests $280m In Trucks, Infrastructure
October 28, 2024 No Responses

CNG: Dangote Invests $280m In Trucks, Infrastructure

Dangote Cement Plc has invested over $280million in Compressed Natural Gas (CNG) technology and infrastructure, in line with President Bola Ahmed Tinubu’s CNG Initiative, which aims to provide cheaper and cleaner alternatives for Nigerians,   Tinub...
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