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NNPC Ltd not hindering IOC’s divestment, but facilitating incremental production on all assets -Kyari 
February 28, 2024DownstreamMidstreamNewsOil & GasUpstream

NNPC Ltd not hindering IOC’s divestment, but facilitating incremental production on all assets -Kyari 

  Oredola Adeola The Nigerian National Petroleum Company Limited (NNPC Ltd), has assured that its role in the divestment of the International Oil Companies from onshore and shallow water assets in the country is that of a facilitator, and not…

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OB3 pipeline project deadline shifted, as Ekpo sets March 2024 target 
February 27, 2024GasLocal ContentNewsOil & GasUpstream

OB3 pipeline project deadline shifted, as Ekpo sets March 2024 target 

  Oredola Adeola In an unexpected twist just three months after assuring a timely completion by the end of 2023,  Ekperikpe Ekpo, Minister of State for Petroleum Resources (Gas) has revealed a new target date of March 2024 for the…

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NGA unveils strategic initiatives for 2024, focuses on gas industry advocacy, growth 
February 27, 2024FinanceGasImpactLocal ContentNewsOilOil & GasUpstream

NGA unveils strategic initiatives for 2024, focuses on gas industry advocacy, growth 

… introduces new membership framework, NGA student chapter   Oredola Adeola   The Nigerian Gas Association (NGA) has set ambitious goals for 2024, focusing on enhancing advocacy for the implementation of the Nigeria’s Decade of Gas initiative, addressing gas industry…

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Uncertainty, multiple taxation hinder energy security, threaten Nigeria’s prosperity- NNPC GCEO warns
February 21, 2024FinanceGasImpactOil & GasOil theftSabotageSecurityUpstream

Uncertainty, multiple taxation hinder energy security, threaten Nigeria’s prosperity- NNPC GCEO warns

Oredola Adeola Mele Kyari, Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPC Ltd), has identified lack of investment in the energy sector due to uncertainty in the business environment and multiple taxation as impediments to…

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Tanker drivers strike: MEMAN takes action, assures fair transportation rates for smooth petroleum products supply 
February 20, 2024DownstreamNewsOil & Gas

Tanker drivers strike: MEMAN takes action, assures fair transportation rates for smooth petroleum products supply 

  Oredola Adeola   Amidst potential fuel crisis due to ongoing tanker drivers’ strike, the Major Oil Marketers Association of Nigeria (MEMAN) has stepped in, assuring that individual marketers and their respective transporters  are negotiating a solution that will keep…

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WIEN honours Aradel Holdings PLC MD/CEO with gender advocate of the year award
February 19, 2024DocumentaryNewsOil & GasPowerRenewables

WIEN honours Aradel Holdings PLC MD/CEO with gender advocate of the year award

  Oredola Adeola   The Women In Energy Network (WIEN) has recognized Gbite Falade, the Managing Director/Chief Executive Officer of Aradel Holdings PLC, with the WIEN Gender Advocate of the Year award. Eyono Fatayi-Williams, President of WIEN, and her team,…

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NUPRC not leaving Abuja as erroneously speculated
February 16, 2024Oil & GasOpinion-editorialUpstream

NUPRC not leaving Abuja as erroneously speculated

  By Ibrahim Musa With clear mandates – ensuring compliance with petroleum laws, regulations and guidelines, monitoring of operations at drilling sites, producing wells, production platforms and flow stations, crude oil export terminals, and all pipelines carrying crude oil, and…

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REVEALED: How powerful individuals misled Buhari to approve $10m risk guarantee for Calabar IPP at citizens’ detriment
February 15, 2024ConcessionDistributionFinanceGasGenerationMultilateral FinanceNewsOil & GasPower

REVEALED: How powerful individuals misled Buhari to approve $10m risk guarantee for Calabar IPP at citizens’ detriment

Oredola Adeola Nigeria’s former President Muhammadu Buhari was misled by high-ranking individuals to approve a US$10 million partial risk guarantee (PRG) for the Nigerian Bulk Electricity Trading Plc (NBET) to sign transaction documents with Accugas, a natural gas supplier to…

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Urgent appeal to President Tinubu, Oborevwori: Ubeji community in dire need of relief from devastating gas flaring
February 14, 2024FeatureGasNewsOil & GasOpinion-editorialReviewUpstream

Urgent appeal to President Tinubu, Oborevwori: Ubeji community in dire need of relief from devastating gas flaring

Oped by Jerome-Mario Utomi The harrowing reality of Ubeji Community serves as a poignant reminder of the human cost associated with industrial practices such as gas flaring. It is incumbent upon President Tinubu’s government to demonstrate unwavering resolve and genuine…

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Massive fireball engulfs 18 shops in Iju-Ishaga, after gas cylinder explosion
February 14, 2024DownstreamGasImpactNewsOil & Gas

Massive fireball engulfs 18 shops in Iju-Ishaga, after gas cylinder explosion

  Oredola Adeola A fire explosion, triggered by a faulty head cap of a Liquified Petroleum Gas (cooking gas) cylinder, engulfed eighteen (18) shops at Agbado Road, Toyin Bus stop, Iju Ishaga, Lagos State, after six numbers of 75-50(kg) gas…

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