March 25, 2025DocumentaryDownstreamImpactMidstreamNewsOil & GasSpecial ReportUpstream

Suspension of Naira-for-Crude deal: Slim odds for revival beyond March 2025

… as FG considers new forward sale agreement until 2034 Oredola Adeola The likelihood of the continuation of the Naira-for-Crude arrangement between the Nigerian National Petroleum Company Limited (NNPCL) and Dangote Refinery, along with other local refiners, after March 31,…

Readmore

March 24, 2025Local ContentUpstream

Multisub Energy, OHCDT empower host communities with solar lights, other projects

…as NUPRC commends company’s social investment Multisub Energy Limited, an indigenous oil and gas exploration and production company, in partnership with the Olure Host Communities’ Development Trust (OHCDT), has commissioned a school furnishing project in Eghoro Community and installed 70…

Readmore

March 24, 2025DistributionEnergy TransitionGenerationNewsPowerRenewablesTransmission

FG to learn from Egypt’s energy model for stable, affordable power supply

…. Egypt calls for activation of MoU with Nigeria to bridge metering gap, enhance energy collaboration Oredola Adeola The Federal Government has expressed its commitment to learning from Egypt’s experience in energy generation, transmission, and distribution to ensure reliable, stable,…

Readmore

March 24, 2025DownstreamEnergy TransitionGasImpactMidstreamNews

NLNG boosts domestic LPG supply efficiency with new digital platform

… streamlines processes to deliver 100% of LPG supply to local market Oredola Adeola The Nigeria Liquefied Natural Gas (NLNG) has committed to enhancing operational efficiency in domestic Liquefied Petroleum Gas (DLPG) supply through digitalisation, including a new platform designed…

Readmore

March 24, 2025DocumentaryGreen FinanceImpactLocal ContentMidstreamNewsOil & GasSpecial ReportSustainability

Axxela, with 360km gas pipeline, reaffirms commitment to industrialisation, sustainability in Lagos

… expands into VI-Lekki corridor, with cleaner, cheaper gas Oredola Adeola Axxela Limited, a leading gas and power solutions provider in sub-Saharan Africa with over 360km of natural gas pipeline infrastructure, has reaffirmed its commitment to strengthening energy security, advancing…

Readmore

March 22, 2025MidstreamNewsOil & GasSabotage

Islamic terrorists set Niger-Benin pipeline ablaze in Konni

…potentially threatening Nigeria ,Algeria Trans-Saharan Gas Pipeline (TSGP) Oredola Adeola A terrorist group launched an attack on the Niger-Benin pipeline on Friday evening, setting parts of the facility ablaze near Mountseka in Konni Department. The assault, which occurred shortly after…

Readmore

March 21, 2025Energy TransitionNewsSustainabilityUpstream

Renaissance Africa Energy unveils logo, targets sustainability

… receives FG’s mandate to achieve av. production of 226,421 bpd (gross) within Q1,2025 Oredola Adeola Renaissance Africa Energy, a proudly Nigerian company backed by four leading Indigenous firms and one multinational, has officially launched with the unveiling of its…

Readmore

March 20, 2025MidstreamNews

Xenergi Limited denies involvement in Axxela, Emo Ebendo/Umuseti communities land dispute

… dismisses allegations of gas supply monopoly, trade war Oredola Adeola The management of Xenergi Limited has refuted claims linking the company to a land dispute between Axxela Limited and the Emo Ebendo/Umuseti communities in Delta State. Xenergi, made this…

Readmore

March 20, 2025DistributionImpactNewsPowerSabotage

Power Minister Adelabu, Adegbemle condemn military’s vandalism, assault on Ikeja, Eko DisCos staff

“It is a direct threat to stability of power supply, economic well-being” Minister “We demand independent investigation, prosecution of individuals involved, full restitution by the military” PowerUp Nigeria Oredola Adeola Chief Adebayo Adelabu, Minister of Power, has condemned the recent…

Readmore

March 19, 2025DocumentaryEnergy TransitionFinanceGreen FinanceNewsOil & GasRenewablesSustainabilityUpstream

BP to sell 50% stake in Lightsource BP, scales back renewable energy investments

… shifts focus to oil, gas, increases annual spendings to $10 billion Oredola Adeola with agency reports British Petroleum (BP), one of the world’s largest integrated energy companies, is finalizing plans to sell a 50 percent stake in its solar…

Readmore