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NNPC admits early operation of Port Harcourt refinery was premature, economically unviable
July 31, 2025DownstreamMidstreamNewsOil & GasUpstream

NNPC admits early operation of Port Harcourt refinery was premature, economically unviable

“…selling is highly unlikely as it would lead to further value erosion” – Ojulari, NNPCL GCEO Oredola Adeola The Nigerian National Petroleum Company Limited (NNPC Ltd) has disclosed that its ongoing internal review revealed the earlier decision to operate the…

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MEMAN warns of looming gas supply crisis, recommends urgent development of new fields amid rising demand
July 31, 2025DocumentaryDownstreamEnergy TransitionGasMidstreamNewsOil & GasSustainabilityUpstream

MEMAN warns of looming gas supply crisis, recommends urgent development of new fields amid rising demand

… recommends structured financing, price clarity to boost CNG market Oredola Adeola The Major Energies Marketers Association of Nigeria (MEMAN) has warned of a looming supply crisis in the natural gas market due to the rising adoption of Compressed Natural…

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PETROAN decries policy bias, says retail outlets now dumping grounds for inconsistent regulations
July 31, 2025DownstreamEnergy TransitionImpactMidstreamNewsOil & Gas

PETROAN decries policy bias, says retail outlets now dumping grounds for inconsistent regulations

…demands true market liberalisation, rejects monopoly by mega facility operator Oredola Adeola The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has condemned the unequal treatment and exclusion faced by retail outlets in policy implementation, stating that these outlets…

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Gas pricing disparity worsens power sector strain as GenCos buy at $2.70–$9MMBTU against $2.13MMBTU cap- Prof. Nnaji, Chairman Geometric Power
July 25, 2025DocumentaryFinanceGenerationNewsOil & GasPower

Gas pricing disparity worsens power sector strain as GenCos buy at $2.70–$9MMBTU against $2.13MMBTU cap- Prof. Nnaji, Chairman Geometric Power

… urges NMDPRA to reconcile regulated gas price with market rate   ... says- “If GenCos can’t recover expenses for operations, maintenance, there will be recurring power system failures”   Oredola Adeola Professor Barth Nnaji, Chairman of Geometric Power, has…

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Rent-seeking regulations, dollarised operations threaten Nigeria’s energy transition – Engr. Emenike, Ag. MD, Neconde 
July 25, 2025DocumentaryEnergy TransitionGasGreen FinanceImpactMidstreamNewsOil & GasUpstream

Rent-seeking regulations, dollarised operations threaten Nigeria’s energy transition – Engr. Emenike, Ag. MD, Neconde 

says “Over 500m scf of Neconde Gas ‘unaccounted for’ in NGIC pipeline Oredola Adeola Engr. Chichi Emenike, Acting Managing Director and Gas Asset Manager of Neconde Energy Limited, has raised alarm over the huge financial burden stifling Nigeria’s energy transition…

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NNPC/HEIRS Energies launches OML 17 university scholarship scheme targeting 300 students
July 21, 2025AdvertorialDocumentaryFinanceNewsOil & GasSpecial ReportTechnologyUpstream

NNPC/HEIRS Energies launches OML 17 university scholarship scheme targeting 300 students

…financial, educational support enrolment opens July 21, selection scheduled for September 2025 Oredola Adeola The Nigerian National Petroleum Company/HEIRS Energies Joint Venture has announced the plans to open enrolment for its scholarship scheme on July 21, 2025, under the OML…

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Dangote refinery to end U.S. crude imports, targets 100% local supply by December 2025
July 10, 2025DocumentaryEnergy TransitionImpactMidstreamNewsOil & GasSustainabilityUpstream

Dangote refinery to end U.S. crude imports, targets 100% local supply by December 2025

… says 47% foreign crude contracts expire by year-end … relies on NUPRC, NNPC’s 2.5m bpd target, reactivation of shut-in wells in Niger Delta … slashes gantry price of petrol to ₦820/litre, second cut in July Oredola Adeola The Dangote…

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130 indigenous companies benefit from $400m NCI fund as of July 2025- NCDMB
July 9, 2025DocumentaryDownstreamLocal ContentMaritimeMidstreamNewsOil & GasSpecial ReportSustainabilityUpstream

130 indigenous companies benefit from $400m NCI fund as of July 2025- NCDMB

says, “Oil firms’ low 1% NCDF remittance compliance limits indigenous applicants’ access to support fund” Oredola Adeola The Nigerian Content Development and Monitoring Board (NCDMB) has revealed that as of July 2025, approximately 130 companies have accessed a total of…

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NNPC Ltd delivers 35 hybrid CNG buses to Pi-CNG to boost auto-gas use, reduce petrol dependency
July 8, 2025DownstreamGasGreen FinanceImpactMidstreamNewsOil & Gas

NNPC Ltd delivers 35 hybrid CNG buses to Pi-CNG to boost auto-gas use, reduce petrol dependency

…records progress on gas supply, infrastructure, distribution, retail outlets Oredola Adeola The Nigerian National Petroleum Company Limited (NNPC Ltd) has delivered 35 hybrid Compressed Natural Gas (CNG)-powered buses to the Presidential Initiative on CNG (Pi-CNG) as part of efforts to…

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In 100 days, renaissance boosts output to 200,000 bpd, delivers 1.9bcf gas to NLNG
July 3, 2025MidstreamNewsOil & GasSpecial ReportUpstream

In 100 days, renaissance boosts output to 200,000 bpd, delivers 1.9bcf gas to NLNG

… wins “Energy Excellence Award at NOG Energy Award night   Oredola Adeola Renaissance Africa Energy Company Limited has made a powerful entrance into Nigeria’s energy landscape, achieving remarkable milestones in just over 100 days. Since assuming operatorship of the…

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