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Ekpo woos Canadian businesses, investors to explore Nigeria’s gas sector opportunities
June 13, 2024Energy TransitionFinanceGasNewsOil & GasUpstream

Ekpo woos Canadian businesses, investors to explore Nigeria’s gas sector opportunities

Oredola Adeola The Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, has encouraged Canadian businesses and investors to seize the vast opportunities in Nigeria’s gas sector through the Decade of Gas initiative and the Petroleum Industry Act (PIA) 2021.…

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NCDMB recommends pan-African collaboration for oil-producing countries in local content development
June 11, 2024DownstreamEnergy TransitionFinanceImpactLocal ContentMidstreamNewsOilOil & GasSustainabilityTechnologyUpstream

NCDMB recommends pan-African collaboration for oil-producing countries in local content development

… shares local content experience with Uganda energy officials “African oil-producing countries cannot achieve enough when they operate in silos,” Halilu, NCDMB Director Oredola Adeola The Nigerian Content Development and Monitoring Board (NCDMB) has called on African oil-producing countries to…

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SEforALL hunts for competent Energy Analyst to lead sustainable energy shift
June 3, 2024AdvertorialEnergy TransitionEnvironmentFinanceImpactNewsPowerRenewables

SEforALL hunts for competent Energy Analyst to lead sustainable energy shift

  … offers a minimum yearly salary of EUR 42,080 …application closes on June 14, 2024   Oredola Adeola   The Sustainable Energy for All, (SEforALL), an international organization  which is a major driving force behind United Nations’ Sustainable Development…

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President Tinubu approves $100m investment from 4 agencies under Min. of Petroleum Resources, for $5bn Africa Energy Bank shares
May 24, 2024DocumentaryDownstreamEnergy TransitionFinanceGenerationGreen FinanceImpactMidstreamNewsOil & GasPowerRenewablesUpstream

President Tinubu approves $100m investment from 4 agencies under Min. of Petroleum Resources, for $5bn Africa Energy Bank shares

  … APPO, Afrexim Bank technical inspection team validates Nigeria’s readiness to host AEB hqtrs   Oredola Adeola   President Bola Ahmed Tinubu has  approved $100 million investment from four key agencies under the Ministry of Petroleum Resources, surpassing the…

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WIEN seeks NCDMB support for training, funding of 60 women in energy transition journey 
May 16, 2024DocumentaryFinanceImpactLocal ContentMidstreamNewsSustainability

WIEN seeks NCDMB support for training, funding of 60 women in energy transition journey 

  Oredola Adeola   The Women in Energy Network (WIEN) has approached the Nigerian Content Development and Monitoring Board (NCDMB) to seek support for training and funding for 60 women who are now registered with the specific aim of helping…

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PETAN foresees success of 2024 oil bid round with PIA simplifying investment process
May 16, 2024FinanceNewsOil & GasUpstream

PETAN foresees success of 2024 oil bid round with PIA simplifying investment process

  … Engr. Ogunsanya touts reasonable signature bonus as irresistible lure for investors …  Dr. Amao sets to lead NUPRC upcoming roadshow in London   Oredola Adeola   The Petroleum Technology Association of Nigeria (PETAN) has emphasized that the Petroleum Industry Act…

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NNPC Ltd. reiterates commitment to building massive oil, gas infrastructure to make sector thrive
May 9, 2024DownstreamFinanceMidstreamOil & GasUpstream

NNPC Ltd. reiterates commitment to building massive oil, gas infrastructure to make sector thrive

Oredola Adeola   The Nigerian National Petroleum Company Ltd (NNPC Ltd.) has assured operators and prospective investors of its commitment to continue investing in the development of huge oil and gas infrastructure to facilitate their business operations in Nigeria.  …

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Lagos receives N3.911bn in oil derivation funds between 2018- 2021
May 8, 2024FinanceNewsOil & GasSabotageUpstream

Lagos receives N3.911bn in oil derivation funds between 2018- 2021

… loses revenue due to ongoing production issues at Aje field … as dispute between Yinka Folawiyo, technical partners lingers   Oredola Adeola The Lagos State Government has that it received a cumulative sum of N3.911 billion in oil derivation…

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Shell signs 20-year agreement with Oyo State government to develop gas distribution infrastructure network
May 4, 2024DownstreamFinanceGasMidstreamNewsOil & GasUpstream

Shell signs 20-year agreement with Oyo State government to develop gas distribution infrastructure network

…to deliver 60 millons SCF of gas Daily by Q4 2025   Oredola Adeola   Shell Nigeria Gas (SNG) has signed an agreement with the Oyo State Government to construct and manage gas distribution infrastructure, encompassing 15km of pipeline routes,…

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Waltersmith Refinery pays NCDMB N450m interim dividend from N4.5bn, out of N23.6bn profit-after-tax for 2023
May 1, 2024ConcessionFinanceMidstreamNewsOil & Gas

Waltersmith Refinery pays NCDMB N450m interim dividend from N4.5bn, out of N23.6bn profit-after-tax for 2023

Oredola Adeola   The Nigerian Content Development and Monitoring Board (NCDMB) has announced the receipt of a N450 million interim dividend payment from the 5,000 barrels per day Waltersmith Refinery and Petrochemical Company Limited, located in Ibigwe, Imo State.  …

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