January 13, 2025DocumentaryEnergy TransitionGasImpactMidstreamNewsOil & GasSustainability

Axxela Limited transitions into group structure with SBUs led by 4 MDs, 1 directorate

… drives future growth, market expansion Oredola Adeola Axxela Limited, has unveiled a significant organisational restructuring, transitioning to a group structure with Strategic Business Units (SBUs) led by individual Managing Directors and overseen by a group directorate, as part of…

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December 26, 2024DocumentaryImpactMidstreamNewsOil & GasSpecial ReportTechnologyUpstream

NNPC launches 24/7 oil, gas monitoring command centre to drive 2 mbpd target

… embarks on real-time tracking of hydrocarbon molecules from production to export terminals Oredola Adeola With a strategic focus on achieving a 2 million bpd production target, NNPC Ltd has unveiled a 24/7 Production Monitoring Command Centre (PMCC) to enable…

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December 21, 2024DownstreamNewsOil & Gas

NNPCL cuts petrol ex-depot price from ₦1,020 to ₦899, sparks price war among oil marketers

“Petrol price reduction reflects response to deregulation, increased industry competition”- PETROAN PRO   PETROAN President commends NNPC, praises Dangote Refinery for stimulating downstream sector competition   Oredola Adeola The Nigerian National Petroleum Company Limited (NNPCL) has announced a reduction in…

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December 21, 2024DownstreamMidstreamNewsOil & Gas

NNPC rejects false report, affirms Port Harcourt refinery fully operational 

… says product loading continues Oredola Adeola The Nigerian National Petroleum Company Limited has insisted that the renovated Port Harcourt refinery is still working. The state-owned oil company clarified that preparations for loading operations on Saturday were underway. This was…

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December 19, 2024DownstreamFeatureImpactMidstreamOil & GasReviewSpecial ProjectUpstream

2024: NNPCL triumphs with N3tn profit, refinery revival

  ..overcames challenges despite turbulent year   Emmanuel Akanni With a volatile global oil market in 2024 tied to geopolitical tensions and other local challenges such as oil theft and pipeline vandalism amid the pressure to up oil production levels,…

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December 16, 2024ImpactMultilateral FinanceNewsOil & GasSpecial ReportSustainabilityUpstream

Shell announces FID on $5bn Bonga North deepwater project

Tinubu says “Bonga North reflects transformative reforms under Presidential directives 40, 41, 42”  Verheijen describes Bonga North FID a game-changer, refuting misconceptions about IOCs exiting Nigeria   Oredola Adeola Shell Nigeria Exploration and Production Company Limited (SNEPCo), a subsidiary of…

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December 9, 2024MaritimeMidstreamNewsOil & GasService CompanyTechnologyUpstream

NCDMB, First Marine seek FG support for Birogo river dredging to enhance Bayelsa marine, oil operations

“Drilling Companies in Bayelsa No Longer Need Onne Port”—FMES Chairman, High Chief Penawou   Oredola Adeola The Nigerian Content Development and Monitoring Board (NCDMB) has called for collaboration with the Federal Government and relevant agencies to dredge the Birogo River,…

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December 4, 2024MidstreamOil & GasOpinion-editorialSustainabilityTechnologyUpstream

High-performance computing infrastructure – technology enabler to unlock Nigeria’s oil, gas potential

Op-ed by Aderonke Hunponu-Wusu The Oil and Gas industry has witnessed significant growth over the decades with many countries around the world possessing substantial and proven oil reserves. Nigeria is the sixteenth largest oil producer worldwide with several major and…

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December 4, 2024DocumentaryMaritimeMidstreamNewsOil & GasSpecial ReportSustainability

Argus Media to replace EuroBob with West Africa benchmark as Nigeria grows refining capacity 

  “Dangote, PH refineries, alongside imports, drive competition in Gulf of Guinea market” – Argus Media VP   Oredola Adeola As Nigeria’s petroleum products market is becoming more structured and transparent with the coming onboard of local refiners, Argus Media,…

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December 4, 2024Energy TransitionGasLocal ContentMidstreamNewsOil & GasService CompanySustainabilityTechnology

#PNC2024: NNPC restructures NEPL, NETCO, EnServ to strengthen local content efforts

… build capacity for global energy leadership   Oredola Adeola NNPC Limited acknowledged that the strategic restructuring of its subsidiaries, including NNPC Exploration and Production Limited (NEPL), NNPC Engineering and Technical Company Limited (NETCO), and NNPC Energy Services Limited (EnServ),…

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