Energy News Archives — City Business News

April 17, 2025 No Responses

NCDMB, Renaissance Energy Commit To Collaboration, Local Content Development

The Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe, on Wednesday expressed total support for the vision and long-term plan of Renaissance Africa Energy Company Limited, a consortium that concluded acquisition of onshore oil assets...

April 4, 2025 No Responses

Seplat Energy Joins EITI As Supporting Company

Nigeria’s leading indigenous energy company, Seplat Energy Plc, in 2024, became a registered EITI Supporting Company, reinforcing the Company’s commitment to transparency, accountability, and global best practices. This milestone was recognized on th...

March 14, 2025 No Responses

Renaissance Energy Completes Acquisition Of SPDC

Renaissance Africa Energy has completed the acquisition of the entire equity holding in Shell Petroleum Development Company of Nigeria (SPDC) Renaissance Africa Energy Holdings is a consortium consisting of four successful Nigerian independent oil and gas comp...

March 1, 2025 No Responses

NLNG Commits To Cutting Carbon Emission In Readiness For Net-Zero Future

As Africa seeks to harness its vast energy potential to drive economic growth and industrial evolution, NLNG has reiterated that it is focused on reducing carbon emissions to meet evolving market expectations. Delivering the keynote address during a panel sess...

February 6, 2025 No Responses

Dangote Refinery Exports Jet Fuel To Saudi Arabia

Dangote Refinery has achieved a significant milestone by successfully exporting two jet fuel cargoes to Saudi Aramco, the world’s largest oil producer and a leading integrated oil and gas company globally. Saudi Aramco is the official Saudi Arabian...

January 23, 2025 No Responses

Seplat Energy To strengthen Partnership With Akwa Ibom State

Seplat Energy Plc is to partner Akwa Ibom State Government for sustainable development. This was disclosed during a courtesy visit to the State Governor, Pastor Umo Eno, by a Seplat delegation led by the Board Chairman, Senator Udo Udoma, in...

January 22, 2025 No Responses

Portugal To Import More U.S., Nigerian LNG

PORTUGAL plans to increase purchases of liquefied natural gas (LNG) from the United States and Nigeria as it aims to end already dwindling supplies from Russia. Environment Minister Maria da Graca Carvalho said on Tuesday that Portugal imported 49,141 gigawatt...

January 21, 2025 No Responses

NLNG Seeks Increased Partnership With NPA

As part of measures to provide the operational collaboration necessary to grow exports, Managing Director/CEO, Nigerian Ports Authority (NPA), Dr. Abubakar Dantsoho, on Monday received the Chief Executive Officer, Nigeria LNG, Dr. Phillip Mshelbila at NPA Head...

January 20, 2025 No Responses

MRS, Ardova, Heyden To Sell Dangote Petrol At ₦970/Litre

The management of Dangote Petroleum Refinery, on Sunday explained that the recent adjustment in ex-depot price of Premium Motor Spirit (Petrol) is directly related to the significant increase in global crude oil prices. The company in a statement i...

January 5, 2025 No Responses

PETROAN Seeks ₦100b Grant From FG

The Petroluem Products Retail Outlets Owners Association of Nigeria (PETROAN) has appealed to President Bola Tinubu to approve ₦100bn grant to help oil marketers stay afloat. In a statement on Saturday, titled PETROAN’S Retrospect of Nigeria’s Oil ...

January 3, 2025 No Responses

NNPCL Invites Obasanjo For Tour Of PH Refinery

The Nigerian National Petroleum Company Limited (NNPCL) has invited ex-President Olusegun Obasanjo to tour the Port Harcourt Refinery. According to a statement on Thursday, the NNPCL said the move was for Obasanjo to verify the operational status of...

December 21, 2024 No Responses

Ardova Reiterates Future Agenda Through Innovations

Fast growing energy company, Ardova Plc has reiterated it commitment to boost productivity in the Energy Sector through various innovations. Speaking at an interactive session with Journalists in Lagos as part of activities to mart its 60th anniversary, ...

November 13, 2024 No Responses

Shell Reiterates Support For Energy Security In Nigeria

SHELL will continue to power progress in the drive for energy security in Nigeria through its businesses in the Upstream, Midstream and Downstream and Renewables sectors, Country Chair, Shell Companies in Nigeria and Managing Director, The Shell Petroleum Deve...

March 30, 2024 No Responses

BGN, Others Secure $370m For Three New Gas Carriers

Swiss energy company BGN and Al Seer Marine, the UAE-based player across multiple marine sectors, have secured funding from several banks located in the Gulf region to support the construction of three very large gas carriers (VLGCs) in South Korea...