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    First petrol delivery from Dangote Refinery expected in September- FG confirms 
    August 19, 2024DownstreamLocal ContentMidstreamNewsOil & Gas

    First petrol delivery from Dangote Refinery expected in September- FG confirms 

    … reveals crude oil sales in Naira to Dangote, other domestic consumers begin October 1, 2024   Thelma Tokunbo   The Federal Government has announced that the first Premium Motor Spirit (petrol) delivery from the Dangote Refinery is expected in…

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    Tinubu’s SSA Digital Economy, Engr. Adighije, appointed as new MD/CEO of NDPHC
    August 19, 2024DistributionGenerationNewsPowerTransmission

    Tinubu’s SSA Digital Economy, Engr. Adighije, appointed as new MD/CEO of NDPHC

    … as Chiedu Ugbo bows out after two terms as MD   Oredola Adeola President Bola Tinubu has appointed Engineer Jennifer Adighije, formerly the Senior Special Assistant on Entrepreneurship Development in Communications, Innovation, and Digital Economy, as the new Managing…

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    TCN energizes 25 transmission transformers, boosts capacity to 2150 MVA between January, June 2024 – Engr. Abdulaziz, TCN MD
    August 19, 2024NewsPowerTransmission

    TCN energizes 25 transmission transformers, boosts capacity to 2150 MVA between January, June 2024 – Engr. Abdulaziz, TCN MD

    … attributes Federal Ministry of Finance’s failure to pay counterpart funding for delays in implementing donor-funded projects … grapples with N600bn in liabilities in ground rent payments to state governments Oredola Adeola The Transmission Company of Nigeria (TCN) has energized…

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    AFS: NNPC Limited reports N700bn (28%) increase in 2023 Net Profit to N3.248 trillion
    August 19, 2024DocumentaryDownstreamFinanceMidstreamNewsUpstream

    AFS: NNPC Limited reports N700bn (28%) increase in 2023 Net Profit to N3.248 trillion

    … denies subsidy payment, says it was only taking care of PMS importation shortfall … cites distribution, logistics challenges as causes of fuel scarcity in Lagos, Abuja   Oredola Adeola The Nigerian National Petroleum Company (NNPC) Limited, in its 2023 Audited…

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    Matrix Energy Group reaffirms commitment to quality, integrity amidst dirty petrol import allegations
    August 18, 2024DownstreamMaritimeMidstreamNewsOil & GasUpstream

    Matrix Energy Group reaffirms commitment to quality, integrity amidst dirty petrol import allegations

    … we did not discharge 200,000 metric tons of PMS into our facility in July 2024 – Akinola, Matrix Spokersperson Oredola Adeola Matrix Energy Group has asserted that its imported petroleum products meet the specifications set by the Nigerian Midstream…

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    NNPC Ltd is not owing $6.8bn – Soneye responds to critics
    August 18, 2024DownstreamFinanceMidstreamNews

    NNPC Ltd is not owing $6.8bn – Soneye responds to critics

    .. refutes claims of non-remittance, affirms regular tax payments to Federation Account  Thelma Tokunbo The Nigerian National Petroleum Company Limited (NNPC Ltd.) has refuted a media report claiming that the company owes international oil traders $6.8 billion and has not…

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    Presidential Jets Seizure: Zhongfu firm is an imposter, it’s Chinese against Chinese- Senator Ibikunle Amosun explains his part 
    August 17, 2024ConcessionNewsSabotage

    Presidential Jets Seizure: Zhongfu firm is an imposter, it’s Chinese against Chinese- Senator Ibikunle Amosun explains his part 

    … urges FG to handle Zhongfu International Investment FXE with same rigor as P&ID case Oredola Adeola Senator lbikunle Amosun, former Governor of Ogun State has expressed commitment to work with the Ogun State and the Federal Government agencies in…

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    WIEN, Smart Gas Ltd. set to distribute 100,000 3kg, 6kg cylinders annually, targets 500,000 homes nationwide
    August 16, 2024DownstreamEnergy TransitionGasImpactLocal ContentNewsSustainability

    WIEN, Smart Gas Ltd. set to distribute 100,000 3kg, 6kg cylinders annually, targets 500,000 homes nationwide

    …seek public, private sector funding to boost cooking gas utilization across 774 LGAs in Nigeria Oredola Adeola The Women in Energy Network (WIEN), in partnership with Smart Gas Limited, is seeking support from both private and government sectors, along with…

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    Ogun Free-Trade Zone Hoax: Zhongshan, Chinese firm’s attempt to strip 3 Nigeria’s Presidential jets, other assets in foreign jurisdictions
    August 16, 2024DocumentaryNewsSabotage

    Ogun Free-Trade Zone Hoax: Zhongshan, Chinese firm’s attempt to strip 3 Nigeria’s Presidential jets, other assets in foreign jurisdictions

    … as FG vows to discharge controversial orders by Paris Court in March, August 2024   Oredola Adeola A 2007 contract between Ogun State and Zhongshan Fucheng Industrial Investment Co. Ltd., intended to manage a free-trade zone, has unraveled into…

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    Tinubu reactivates Gulf of Guinea gas pipeline agreement
    August 15, 2024DocumentaryEnergy TransitionGasMidstreamNewsUpstream

    Tinubu reactivates Gulf of Guinea gas pipeline agreement

    …signs new MoU with Equatorial Guinea Oredola Adeola President Bola Tinubu and Equatorial Guinean President Teodoro Obiang Nguema Mbasogo in Malabo signed an agreement on Gulf of Guinea pipeline project paving the way for the commercialization of Nigerian gas untapped…

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