Energy Archives — Page 7 of 60

May 8, 2024 No Responses

Oil Firms: CBN Relaxes Restriction On Repatriation Of Forex

The Central Bank of Nigeria (CBN) has relaxed its initial restriction on the repatriation of forex proceeds by international oil firms operating in the country. In a circular dated May 6, 2024 signed by the Director, Trade and Exchange Department,...

May 8, 2024 No Responses

NNPCL Cautions Against Panic Buying

The Nigerian National Petroleum Company (NNPC) Limited has cautioned against panic buying, saying it has over 1.5 billion litres of Premium Motor Spirit (PMS), also known as petrol. A statement issued by the company’s Chief Corporate C...

April 2, 2024 No Responses

Chevron Charters First Electric Tanker For Maritime Customers

Chevron is chartering its first hybrid electric bunker tanker, a vessel that fuels other ships, from V-Bunkers, the Singaporean bunker arm of energy and commodities company Vitol. According to Chevron, the tanker, owned and operated by V-bunkers, arrived at Si...

April 2, 2024 No Responses

Seplat Energy COO: Community, Empowerment Critical To Energy Sector Stability

The execution of Corporate Social Investment (CSI) programmes in oil and gas producing communities as well as empowerment of their people is capable of promoting stability in the energy sector and ensuring security of critical national assets, Mr. Samson Ezugw...

March 26, 2024 No Responses

Edo To Float New Gas Company

The Edo State Government has set up Edo Green Energy Limited to be run as a private sector-facing entity which will engage in the commercialization of gas in the State.Commissioner of Mining and Energy, Hon. Enaholo Ojiefoh, who said this...

March 21, 2024 No Responses

Edo, Oando To Generate 175MW Wind Energy

The Edo State Government’s renewable energy programme being implemented in partnership with Oando Energy will result in the construction of wind turbines across three locations in the three senatorial districts of the State.The locations, according to studie...

March 19, 2024 No Responses

NADDC To Partner Oando Clean Energy On Vehicle Electrification

The National Automotive Design and Development Council (NADDC) and Oando Clean Energy are set to forge closer ties on Vehicle Electrification. According to NADDC, a courtesy visit to the Council by Oando Clean Energy Executive Vic...

March 17, 2024 No Responses

Shell To Deploy New ‘Cutting-Edge’ Vessel

Singapore-based shipbuilding player, PaxOcean Group, has delivered a vessel, scheduled to work off the coast of Brunei for Brunei Shell Petroleum (BSP), a subsidiary of the UK oil major Shell. The Vessel was delivered to Automac Mult...

March 13, 2024 No Responses

NLNG MD:FG’s Executive Order On Oil And Gas Will Unlock Gas investments

The Managing Director and Chief Executive Officer of Nigeria LNG Limited (NLNG), Dr. Philip Mshelbila, on Tuesday, expressed optimism regarding the recent Executive Order on Oil and Gas Reforms signed by Present Bola Ahmed Tinubu (GCFR).According to Dr. Mshelb...

March 7, 2024 No Responses

Heirs Energies Expands Gas Supplier To Geometric Power Plant

Heirs Energies has announced a further expansion of its gas supply business, supplying the recently commissioned 188 MW power plant operated by Geometric Power Limited, located in Aba, Abia State.Heirs Energies is a leading provider of gas to the Nigerian...

March 5, 2024 No Responses

NADDC Boss Harps On CNG Benefits, Agenda

Compressed Natural Gas (CNG) will create more jobs and wealth for Nigerians, Director-General, National Automotive Design and Development Council (NADDC), My Joseph Osanipin, reiterated on Monday. The NADDC DG stated this at the Critique/Validation ...

March 1, 2024 No Responses

NNPCL Advocates Collaborative War Room To Tackle Challenges Faced By Independent Producers

February 23, 2024 No Responses

NESG, ACF Partner To Boost Nigeria’s Energy Transition, Carbon Finance Market

The Nigerian Economic Summit Group (NESG) in partnership with the African Climate Foundation (ACF), held a private sector stakeholder engagement to strengthen public-private collaboration to implement Nigeria’s energy transition plan and develop the carb...

February 19, 2024 No Responses

Ardova’s Ijora Terminal Begins Operations In March

Ardova Plc’s (AP) newly upgraded terminal in Ijora, Lagos, is set to commence operations in March 2024.Mr. AbdulWasiu Sowami, the Group Executive Chairman of Ardova Plc stated this during the pre-commissioning tour of the facility by the Nigerian Midstre...