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    ExxonMobil unveils $1.5 bn investment to revive Usan deepwater field
    May 7, 2025Energy TransitionNewsOil & GasSustainabilityUpstream

    ExxonMobil unveils $1.5 bn investment to revive Usan deepwater field

    … FID to be implemented between Q2, 2025 – 2027 – Harris Oredola Adeola ExxonMobil has announced a $1.5 billion investment scheduled between Q2 2025 and 2027 to revitalize production at the Usan deepwater oil field, reinforcing its long-term commitment…

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    Nigeria’s economy at risk as crude oil dips below $60 amid OPEC+ surge, big oil supply glut
    May 7, 2025DownstreamMidstreamNewsOilUpstream

    Nigeria’s economy at risk as crude oil dips below $60 amid OPEC+ surge, big oil supply glut

    Professor Iledare forecasts potential budget deficit, sees rising debt exposure amid oil-for-debt commitments Dr. Oni says increased borrowing is likely, raising the debt burden, and repayment risks Damcida foresees Naira devaluation risks if the oil price slump continues into Q3…

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    Dangote commends Tinubu for appointing Ojulari, Kida, says new leadership supports his refinery’s needs
    May 6, 2025DownstreamImpactMidstreamNewsOil & GasUpstream

    Dangote commends Tinubu for appointing Ojulari, Kida, says new leadership supports his refinery’s needs

    … vows to fight oil marketers, traders, cabals to a standstill Oredola Adeola Aliko Dangote, President of Dangote Group, has commended President Bola Tinubu for appointing Mr. Bashir Bayo Ojulari as Group Chief Executive Officer and Mr. Ahmadu Musa Kida…

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    Axxela retains gold medal in 2025 EcoVadis sustainability rating
    May 6, 2025AdvertorialEnergy TransitionEnvironmentGreen FinanceImpactNewsSustainability

    Axxela retains gold medal in 2025 EcoVadis sustainability rating

    … secure 95th percentile ranking across key ESG pillars Oredola Adeola Axxela Limited, a leading gas and power portfolio company in sub-Saharan Africa, has retained its Gold Medal in the 2025 EcoVadis Sustainability Rating, reaffirming its position as a trailblazer…

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    DisCos fail to recover ₦125.7bn in two months despite ₦496bn customers’ billing
    May 5, 2025DistributionFinanceNewsPower

    DisCos fail to recover ₦125.7bn in two months despite ₦496bn customers’ billing

    … revenue collection improves by 6.56% from January to February 2025 … Kaduna, Aba, Jos DisCos struggle with low collection efficiencies below 65% in early 2025   Oredola Adeola The electricity distribution companies (DisCos) in Nigeria failed to recover a…

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    Tinubu to clear N4 trn GenCos debt within six months — Adelabu
    May 5, 2025DistributionEnergy TransitionFinanceGasGenerationNewsPowerTransmission

    Tinubu to clear N4 trn GenCos debt within six months — Adelabu

    … Minister mulls electricity subsidy removal, urges Nigerians to embrace cost-reflective tariffs Oredola Adeola President Bola Ahmed Tinubu is set to address the N4 trillion debt owed to the Generating Companies of Nigeria (GenCos), with payment of the outstanding balance…

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    NNPC’s NGML initiates process to acquire 5.2mmscfd CNG facility from AXXELA’s GNSL
    April 28, 2025FinanceGasMidstreamNews

    NNPC’s NGML initiates process to acquire 5.2mmscfd CNG facility from AXXELA’s GNSL

    Oredola Adeola NNPC Gas Marketing Limited (NGML), a subsidiary of the Nigerian National Petroleum Company Limited (NNPC), has initiated a process to acquire a 5.2 million standard cubic feet per day Compressed Natural Gas (CNG) Mother Station from Gas Network…

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    LSBTC hails VCDF, SEEPCO for donating 853 pints of blood in 4-year health partnership
    April 25, 2025DocumentaryImpactNews

    LSBTC hails VCDF, SEEPCO for donating 853 pints of blood in 4-year health partnership

    … as VCDF/SEEPCO sets to establish voluntary blood donor club comprising volunteers Oredola Adeola The Lagos State Blood Transfusion Committee (LSBTC) has commended Vcare for Development Foundation (VCDF) and Sterling Oil Exploration and Energy Production Company (SEEPCO) for their over…

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    Federal Government relaunches School Feeding Programme for primary pupils
    April 25, 2025DocumentaryImpactNewsSpecial Report

    Federal Government relaunches School Feeding Programme for primary pupils

    … targets N1trn annually to scale up programme under Renewed Hope agenda … engages stakeholders to strengthen implementation Oredola Adeola The Federal Government has considered the relaunch and scaling of the Renewed Hope National Home-Grown School Feeding Programme (RH-NHGSFP), with…

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    NNPCL’s Olufemi Soneye clinches NIPR 2025 spokesperson of the year honour
    April 18, 2025DocumentaryImpactNewsSpecial Report

    NNPCL’s Olufemi Soneye clinches NIPR 2025 spokesperson of the year honour

    …dedicates award to teamwork, pledges transparent communication Oredola Adeola The Chief Corporate Communications Officer of the Nigerian National Petroleum Company Limited (NNPC Ltd), Olufemi Soneye, has been honoured as the 2025 Spokesperson of the Year by the Nigerian Institute of…

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