October 8, 2024Local ContentMidstreamNewsOil & GasUpstream

Engr. Felix Ogbe pledges to revive NCDMB-NAICOM Insurance Services Guidelines signed in 2022

… confirms Tinubu’s Presidential directives streamline oil and gas value chain, eliminate middlemen, cut contracting cycle to six months   Oredola Adeola Engr. Felix Ogbe, Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB) has pledged to revive…

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October 8, 2024DownstreamMidstreamNewsOil & GasUpstream

PETAN Chairman says oil and gas revenue is key to Nigeria’s economic growth, infrastructure development

…failure to boost oil and gas production will continue to weaken Naira, deepen energy poverty – Ogunsanya warns   Oredola Adeola Engr. Wole Ogunsanya, Chairman of the Petroleum Technology Association of Nigeria (PETAN) has emphasized that Nigeria’s sustainable development and…

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October 7, 2024MidstreamNewsOil & GasSustainabilityUpstream

UTM Offshore Ltd set to announce Final Investment Decision for Nigeria’s First $5bn floating LNG project

Africa’s natural gas reserves estimated at 630 trillion SCF, but investment in the sector remains low, says UTM Offshore CEO Rone   Oredola Adeola UTM Offshore Limited, led by Group Managing Director/CEO Mr. Julius Rone, is nearing the Final Investment…

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October 1, 2024DocumentaryFinanceGasMidstreamNewsOil & GasSpecial Report

AJERAP invites oil, gas leaders to exclusive one-on-one engagement with Julius Rone, GMD/CEO, UTM offshore Ltd on Oct. 2, 2024

Oredola Adeola The African Association of Energy Journalists and Publishers (AJERAP) has announced plans to host Mr. Julius Rone, Group Managing Director/CEO of UTM Offshore Limited, for a special one-on-one engagement on Wednesday, October 2, 2024, at 11 a.m. Central…

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October 1, 2024GasMidstreamNewsOil & GasUpstream

FG to disburse N122bn MDGIF to Asiko, Ibile Oil & Gas, 4 indigenous other companies to deliver critical gas projects

… funding will enable 6 companies to deliver critical gas projects that increase gas utilisation, strengthen energy security – Ekpo Oredola Adeola The Federal Government of Nigeria, through the Midstream and Downstream Gas Infrastructure Fund (MDGIF), has committed N122 billion…

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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…

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September 18, 2024MidstreamNewsOil & GasService Company

Minister of State for Petroleum Resources (Gas) dismisses Dangote Group’s claims of neglect in 1,200km subsea gas pipeline project

… urges private entities to explore PIA, Gas Pricing & Domestic Demand Regulations (2023), other gas sector opportunities   Oredola Adeola Rt. Hon. Ekperikpe Ekpo, Minister of State for Petroleum Resources (Gas), urged the Dangote Group to explore opportunities in…

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September 18, 2024DocumentaryMidstreamNewsOilUpstream

NNPCL supplies 36.9 million barrels of crude to Dangote refinery from Dec 2023 to Sept 2024

… prepares additional 11.71 million barrels, shifts to Naira-based transactions Oredola Adeola The Nigerian National Petroleum Company Limited (NNPCL) has delivered approximately 36.9 million barrels of crude oil to the Dangote Refinery since December 2023, with an additional 11.71 million…

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September 16, 2024DownstreamImpactLocal ContentMidstreamNews

UPDATED: NNPCL secures petrol from Dangote Refinery at N898/L, sets Lagos pump price at N950.22/L for September

… N960.22 in Oyo , N992.22 in Abuja, Kaduna, N1,019.22 in Borno …  guarantees 100% price discount at retail end, if Dangote Refinery agrees to offer discounts … as Dangote urges Nigerians to await official pricing announcement from Tinubu-appointed technical…

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September 14, 2024DownstreamLocal ContentMidstreamNewsOil

UPDATED: NNPC to commence loading of first petrol batch from Dangote refinery on Sunday, September 15

…  mobilises 500 trucks to Dangote refinery for transport of 25 million liters of petrol … deploys over 100 trucks on Saturday, with hundreds more en route Oredola Adeola The Federal Government has announced that the first batch of Premium…

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