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Dangote urges NNPC, marketers to stop petrol imports
October 30, 2024DownstreamMidstreamNewsOil & Gas

Dangote urges NNPC, marketers to stop petrol imports

“Retailers should please come forward… I have half a billion litres of petrol—it’s costing me a lot of money “- Dangote laments Oredola Adeola Alhaji Aliko Dangote, President and CEO of Dangote Group, has urged the Nigerian National Petroleum Company…

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Tinubu rules out return to dollar transactions, commits to Naira-based crude oil sales to local refineries
October 30, 2024ConcessionDownstreamMidstreamNewsOil & GasUpstream

Tinubu rules out return to dollar transactions, commits to Naira-based crude oil sales to local refineries

.., charges NNPC,Dangote, stakeholders to use Afreximbank as settlement bank to resolve the Naira pricing for crude and refined products Oredola Adeola President Bola Ahmed Tinubu has reaffirmed his administration’s commitment to implementing Naira-based sales of crude oil and refined…

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Ghana’s NPA CEO, First Bank Head of Energy recommend unified currency, infrastructure development as key to Africa’s energy security
October 29, 2024DocumentaryDownstreamEnergy TransitionFinanceLocal ContentMidstreamMultilateral FinanceNewsOil & Gas

Ghana’s NPA CEO, First Bank Head of Energy recommend unified currency, infrastructure development as key to Africa’s energy security

Dr. Abdul-Hamid highlights Ghana-Burkina Faso pipeline agreement as a model for regional cooperation to enhance petroleum supply, security Aina, First Bank Energy Head suggests regional currency adoption in Anglophone Africa to curb FX volatility, citing Francophone stability Oredola Adeola Dr.…

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Nigeria’s refining sector expands with 9 LTEs, 7 LTCS, 4 LTOS issued for modular refineries
October 28, 2024DownstreamEnergy TransitionMidstreamNewsSustainability

Nigeria’s refining sector expands with 9 LTEs, 7 LTCS, 4 LTOS issued for modular refineries

… gas sector achieves 16 BSCF/D processing, 5 BSCF/D transportation, 1.5 BSCF/D distribution capacity – NMDPRA Chief Executive Oredola Adeola The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has confirmed the expansion of Nigeria’s refining sector with the issuance…

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Sanwo-Olu seeks private sector alliances to harness solar energy, develop mini-grids, promote cleaner fuels for transportation in Lagos
October 28, 2024DownstreamGreen FinanceHydrogenMidstreamNewsSustainability

Sanwo-Olu seeks private sector alliances to harness solar energy, develop mini-grids, promote cleaner fuels for transportation in Lagos

… says “energy transition focuses on exploration, production, storage, distribution, retail, not just replacing energy sources”   Oredola Adeola Governor Babajide Sanwo-Olu has called for stronger alliances with the private sector, young entrepreneurs, and both local and international stakeholders to…

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OTL Africa 2024 to focus on “Alliances for Growth” in oil & gas midstream, downstream sectors  
October 24, 2024DownstreamMidstreamNewsOil & GasSustainability

OTL Africa 2024 to focus on “Alliances for Growth” in oil & gas midstream, downstream sectors  

… key stakeholders from Senegal, Ghana set to join in expanding regional collaboration  Oredola Adeola The 18th edition of the OTL Africa Downstream Energy Week, themed “Alliances for Growth,” will take place from October 28 to 31, 2024, at the…

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Gas Minister directs NMDPRA to develop cooking gas pricing framework within 90 days, as rates soar to N1,500/kg from N1,100/kg
October 23, 2024DownstreamEnergy TransitionGasMidstreamNewsPower

Gas Minister directs NMDPRA to develop cooking gas pricing framework within 90 days, as rates soar to N1,500/kg from N1,100/kg

…  to develop LPG blending, storage, delivery facilities domestically within 12 months   Oredola Adeola Ekperikpe Ekpo, the Minister of State for Petroleum Resources (Gas), has instructed the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) to collaborate with stakeholders…

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NIPCO MD urges FG to encourage Chevron, other IOCs to boost butane production for domestic cooking gas market
October 14, 2024DownstreamEnergy TransitionGasLocal ContentMidstreamNewsOil & GasUpstream

NIPCO MD urges FG to encourage Chevron, other IOCs to boost butane production for domestic cooking gas market

… suggests measures to drive down price of cooking gas … assures industry’s capacity to handle 5 million MT of LPG annually   Oredola Adeola Mr. Suresh Kumar, Managing Director of NIPCO Plc, has called on the Nigerian Government to…

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Ekpo, Verheijen reaffirm Tinubu’s commitment to investment, policy support for affordable cooking gas in Nigeria
October 12, 2024DownstreamMidstreamNewsOil & GasUpstream

Ekpo, Verheijen reaffirm Tinubu’s commitment to investment, policy support for affordable cooking gas in Nigeria

NMDPRA challenges gas marketers to take advantage MDGIF for infrastructure projects Oredola Adeola Rt. Hon. Ekperikpe Ekpo, Minister of State for Petroleum Resources (Gas), and Olu Verheijen, Special Adviser to the President on Energy, have reiterated the government’s commitment to…

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NALPGAM commends FG on LPG price stability, urges sustained efforts amid global challenges
October 10, 2024DownstreamImpactMidstreamNewsPowerUpstream

NALPGAM commends FG on LPG price stability, urges sustained efforts amid global challenges

… petroleum infrastructural utilisation is static or growing at a slow pace – Olatunbosun, NALPGAM President … foreign exchange challenges, geopolitical tensions, influence fluctuating prices of cooking gas – Inyang, DP NALPGAM Oredola Adeola The Nigerian Association of Liquefied Petroleum…

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