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 Don’t expect Dangote refinery to slash fuel prices crash to ₦400–₦500 per liter – Pinnacle Oil CEO warns Nigerians
October 7, 2024DownstreamNewsOil & Gas

 Don’t expect Dangote refinery to slash fuel prices crash to ₦400–₦500 per liter – Pinnacle Oil CEO warns Nigerians

“Large majority of petrol price increases we have seen in past year are due to fall in value of Naira” Oredola Adeola Robert Dickerman, CEO of Pinnacle Oil and Gas Limited, has warned Nigerians against expecting Dangote’s refinery output to…

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UTM Offshore Ltd set to announce Final Investment Decision for Nigeria’s First $5bn floating LNG project
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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Olubadan, Command Secondary School Ibadan 1993 set celebrate Laolu Owolabi’s elevation to Senior Advocate of Nigeria
October 2, 2024NewsSpecial Report

Olubadan, Command Secondary School Ibadan 1993 set celebrate Laolu Owolabi’s elevation to Senior Advocate of Nigeria

Oredola Adeola Prince Olaolu Owolabi, has been congratulated by the Olubadan of Ibadan, Oba Akinloye Owolabi Olakulehin, and his 1993 Command Secondary School classmates, following his elevation to the prestigious rank of Senior Advocate of Nigeria (SAN) in Abuja. Prince…

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Netherlands commits €120 million to Lagos Waste-to-Energy project with Harvest Waste at Epe landfill
October 2, 2024DistributionEnergy TransitionEnvironmentGenerationNewsPowerRenewables

Netherlands commits €120 million to Lagos Waste-to-Energy project with Harvest Waste at Epe landfill

Oredola Adeola In alignment with the Lagos State Government’s goal of transforming waste in major dumpsites across the state into valuable resources and advancing sustainability, the government of the Netherlands, through the Dutch company Harvest Waste Consortium, has committed €120…

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Shell Plc appoints Ronald Adams as New MD of SNEPCo, Elohor Aiboni takes up key role at Brunei Shell Petroleum
October 1, 2024NewsOil & GasUpstream

Shell Plc appoints Ronald Adams as New MD of SNEPCo, Elohor Aiboni takes up key role at Brunei Shell Petroleum

…both appointments will take effect on October 1 Oredola Adeola Shell Plc has appointed Mr. Ronald Adams as the new Managing Director of its deep-water subsidiary, Shell Nigeria Exploration and Production Company Limited (SNEPCo), while Elohor Aiboni has transitioned to…

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AJERAP invites oil, gas leaders to exclusive one-on-one engagement with Julius Rone, GMD/CEO, UTM offshore Ltd on Oct. 2, 2024
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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FG to disburse N122bn MDGIF to Asiko, Ibile Oil & Gas, 4 indigenous other companies to deliver critical gas projects
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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NEITI 2022/2023 reveals over $6.049 bn, N65.9 bn in unpaid royalties, gas flare penalties as of Aug. 31, 2024
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  …

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MEMAN urges FG to prioritize Electric Vehicles amidst investment in traditional energy sources
September 25, 2024News

MEMAN urges FG to prioritize Electric Vehicles amidst investment in traditional energy sources

…applauds Nigeria’s refinery boom … says Dangote, other modular refineries critical steps toward securing Nigeria’s energy future “EVs offer cost advantage for users, through reduced maintenance expenses” SAGLEV CEO says Oredola Adeola The Major Energy Marketers Association of Nigeria (MEMAN)…

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