… Dangote makes shocking revelation about transaction … NNPC responds Oredola Adeola Alh. Aliko Dangote, Chairman of Dangote Group, has announced that the Nigerian National Petroleum Company (NNPC) Limited no longer holds a 20 percent stake in the Dangote…
“Reliable electricity is not a luxury but a necessity” Hon. Oluwa, Chairman, House Committee on Energy “By the end of 2025, we hope to celebrate end of blackouts in metropolitan area” -Mr. Ogunleye, Commissioner for Energy and Mineral Resources “The…
“This collaboration may assist in Nigeria to surpass target of 6000MW by end of 2024”- Mamman PS Ministry of Power Oredola Adeola The Federal Government of Nigeria and USAID have signed an N115.2 billion Memorandum of Understanding (MoU) to…
…seeks ties with World Energy Council for Nigeria’s sustainable growth Oredola Adeola The Energy Commission of Nigeria (ECN) has highlighted the urgent need for enhanced collaboration with the World Energy Council (WEC) to meet the energy requirements of over one…
Oredola Adeola Nigeria has been selected to host the headquarters of the newly established $5 billion African Energy Bank (AEB). This decision came after a thorough technical inspection by the African Petroleum Producers Organisation (APPO) and Afrexim Bank, who…
… says competitive fiscal regime being negotiated with Shell, Total Energies, ExxonMobil, Chevron, to unlock 700,000 bpd in short, medium term Oredola Adeola Nigeria’s daily production of 1.3 million barrels of crude oil and 8.5 bcf of natural gas,…
… orders deployment of N155 billion for the purchase and sale of assorted foodstuffs Oredola Adeola President Bola Tinubu has approved economic relief measures for Nigerians, including a N10 billion allocation for bus procurement and the CNG uplift programme in the…
“Nigeria still requires substantial investments in the oil and gas sector” – Tinubu informs GCEO of Standard Chartered Bank Oredola Adeola The Federal Government has confirmed Standard Chartered Bank’s commitment to providing $3 billion in innovative financing…
…targets 350 MMScf of gas, 10,000bpd of crude oil, condensates … production start-up in 2027 … Kyari, Sangster say Ubeta field dev’t project launch was enabled by Tinubu’s Executive Order Oredola Adeola The Nigerian National Petroleum Company Limited-TotalEnergies JV…
… accumulates over 45m man-hours between 2021- 2024 without any LTI Michelle Savage The Nigeria LNG Limited (NLNG) Train 7 gas project, with a total contract sum of $4.3 billion, began construction in June 2021 and has achieved…
