November 1, 2024DocumentaryDownstreamEnergy TransitionFinanceGreen FinanceImpactLocal ContentMidstreamMultilateral FinanceNews

MDGIF identifies integrated policy, infrastructure, tech investment key to unlocking Nigeria’s vast gas reserves

… recommends sustained government support “Nigeria’s gas pipeline network meets just 10% of local demand, urgent investment needed to bridge critical gap”- ED MDGIF, Adama says Oredola Adeola The Midstream and Downstream Gas Infrastructure Fund (MDGIF), under the Nigerian Midstream…

Readmore

October 15, 2024DocumentaryImpactNewsSpecial Project

Olubunmi Familoni wins $100,000 NLNG Nigeria Prize for Literature 2024 with The Road Does Not End

… winning novel tells story of street life in Lagos, focuses on children who must fend for themselves Oredola Adeola Nigeria LNG (NLNG) has awarded its 2024 Nigeria Prize for Literature, focused on children’s literature, to Olubunmi Familoni for his…

Readmore

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…

Readmore

October 7, 2024DocumentaryImpactNews

Nigeria Prizes @ 20: NLNG launches “Prize for Energy” reporting, expands sponsorship portfolio of awards to four

… as Prisca Sam-Duru of Vanguard Newspaper receives N5 million award for two decades of outstanding reporting on NLNG prizes   Oredola Adeola Nigeria LNG Limited (NLNG) has launched the NLNG Prize for Energy Reporting for energy correspondents, enhancing its…

Readmore

September 27, 2024DocumentaryExtractive IndustryImpactNewsOil & GasOil theftSabotageSpecial ProjectUpstream

NEITI 2022/2023 reveals over $6.049 bn, N65.9 bn in unpaid royalties, gas flare penalties as of Aug. 31, 2024

… shows over $6.071 bn, N66.4 bn in outstanding collectable revenues due to FG in oil, gas industry at of June 2024 … Nigeria records 7.68 mllion barrels of crude oil stolen, lost due to oil theft, other factors  …

Readmore

September 25, 2024DocumentaryDownstreamEnergy TransitionImpactLocal ContentMidstreamNewsOil & GasSustainabilityUpstream

PENGASSAN urges FG to divest 51% stake in PH, Kaduna, Warri refineries, adopts NLNG model for enhanced energy security, products affordability

… urges NNPCL to increase stake in Dangote Refinery to from 7% to 45% to guarantee fuel assurance Nigerians … recommends generative AI to monitor petroleum supply chains, combat smuggling, enhance energy efficiency Oredola Adeola PENGASSAN has called on the…

Readmore

September 24, 2024ConcessionFinanceImpactNews

FG offers additional N80.07bn for completion of 35.7km Bonny-Bodo Road project, amid rising costs, delays by Julius Berger

.. approves N158 bn contract in agreement with Dangote for service lanes linking Lekki Deep seaport to Shagamu-Benin expressway   Oredola Adeola The Federal Executive Council (FEC) has approved a revised contract cost of N280 billion, up from the N199.92…

Readmore

September 21, 2024DocumentaryDownstreamEnergy TransitionEnvironmentGasImpactLocal ContentNewsUpstream

NLNG MD/CEO underscores energy exclusion risks, calls for investment in infrastructure, energy equity to achieve climate goals

“Rising population, youth energy demands highlight need for expanded energy access, infrastructure- Dr. Mshelbila   Oredola Adeola Dr. Philip Mshelbila, Managing Director and CEO of Nigeria LNG, has warned of the risks of energy exclusion, emphasizing that achieving global climate…

Readmore

September 20, 2024GenerationImpactSpecial Project

Mainstream Energy Solutions donates N100million to Borno State flood victims in Maiduguri

… provides relief to communities severely affected by devastating floods Oredola Adeola Engr. Lamu Audu, Managing Director and Chief Executive Officer, Mainstream Energy Solutions Limited (MESL), has handed over a cheque of N100 million to Governor Babagana Zulum, of Borno…

Readmore

September 18, 2024EnvironmentImpactNews

NIHSA warns of regulated water with 100 million cubic meters/day releases from Cameroon’s Lagdo dam

… Adamawa, Nasarawa, Kogi, Edo, Delta, Anambra, Bayelsa others at risk … may worsen petroleum supply chain issues: delays, fuel shortages, rising prices expected Oredola Adeola The Nigeria Hydrological Services Agency (NIHSA) has issued a warning about ongoing regulated water releases…

Readmore