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    TotalEnergies CEO identifies obstacles to oil, gas investments in Nigeria despite President Tinubu’s executive orders
    July 5, 2024ImpactNewsOil & GasUpstream

    TotalEnergies CEO identifies obstacles to oil, gas investments in Nigeria despite President Tinubu’s executive orders

    … says good fiscal incentives, competition will drive costs down …as deep-water segment in Nigeria stuck for 10 years Oredola Adeola Mr. Mathieu Bouyer, Country Chairman, and Chief Executive Officer of TotalEnergies EP Nigeria Limited, has stated that despite the…

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    Nigeria wins bid to host $5bn African Energy Bank headquarters
    July 4, 2024DocumentaryFinanceNewsUpstream

    Nigeria wins bid to host $5bn African Energy Bank headquarters

      Oredola Adeola Nigeria has been selected to host the headquarters of the newly established $5 billion African Energy Bank (AEB). This decision came after a thorough technical inspection by the African Petroleum Producers Organisation (APPO) and Afrexim Bank, who…

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    REA MD Aliyu to speak at Oriental News 3rd National Conference in Lagos on July 25
    July 4, 2024DownstreamEnergy TransitionEnvironmentGreen FinanceNewsRenewables

    REA MD Aliyu to speak at Oriental News 3rd National Conference in Lagos on July 25

    …SEC Director General Dr.  Agama to highlight strategies for advancing green initiatives   Oredola Adeola The Ag. Managing Director and Chief Executive Officer, MD/CEO of the Rural Electrification Agency, REA, Abba  Aliyu has been scheduled to participate in the 3rd…

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     Epe Division deserves economic, infrastructural attention- Club Seventies Epe tells Sanwo-Olu
    July 4, 2024DocumentaryImpactSpecial Report

     Epe Division deserves economic, infrastructural attention- Club Seventies Epe tells Sanwo-Olu

    … Adelaja bows out as Yunus sworn in as President … newly elected President passionate about enhancing members’ welfare Oredola Adeola Club Seventies Epe, a non-profit social group, stated that the Epe Division in Lagos State deserves more economic, political,…

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    Dr. Ainojie, Oando PLC ED urges energy companies to adopt integrated solutions
    July 4, 2024Energy TransitionGreen FinanceImpactNewsOil & GasRenewablesSustainabilityUpstream

    Dr. Ainojie, Oando PLC ED urges energy companies to adopt integrated solutions

    …cautions African countries against rushed hasty attainment of 30-year SDG 7 vision “Africa needs to extract every molecule of oil, and natural gas to drive a sustainable future”- President/CEO OCEL Oredola Adeola Dr. Ainojie Alex Irune, Executive Director of Oando…

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    NNPC reaffirms commitment to using gas for industrialization, power plant construction along AKK pipeline
    July 4, 2024Energy TransitionGasImpactLocal ContentMidstreamNewsOil & Gas

    NNPC reaffirms commitment to using gas for industrialization, power plant construction along AKK pipeline

    Oredola Adeola The Nigerian National Petroleum Company Limited (NNPC Ltd) has reaffirmed its commitment to fostering Nigeria’s industrialization by providing the needed support for the development of numerous power plants along the Ajaokuta, Kaduna, and Kano gas pipeline corridors. Mr.…

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    WEOG declares September 3 as ‘World Decarbonization Day’
    July 3, 2024Energy TransitionEnvironmentNewsOil & GasSolarSustainability

    WEOG declares September 3 as ‘World Decarbonization Day’

    … launches plan to plant 10 million special trees across 774 LGAs, including FCT … dedicates efforts towards offsetting tons of carbon emissions   Oredola Adeola Women In Energy Oil and Gas (WEOG) has declared September 3 as ‘World Decarbonization…

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    NERC increases Band A customers’ tariff from N206.80/kWh to N209.50/kWh
    July 3, 2024DistributionNewsPower

    NERC increases Band A customers’ tariff from N206.80/kWh to N209.50/kWh

    … third adjustment in four months … Ikeja DisCo, IBEDC, Kaduna confirm adjustments Oredola Adeola The Nigerian Electricity Regulatory Commission (NERC) has approved another electricity tariff adjustment, the third in less than four months, raising the rate for Band A…

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    NNPCL declares war against challenges affecting crude oil production
    July 3, 2024NewsSabotageSecurityUpstream

    NNPCL declares war against challenges affecting crude oil production

    … affirms Nigeria can achieve 2mbpd without new rigs … to launch rig-sharing program to retain production rigs for up to five years Oredola Adeola The Nigerian National Petroleum Company Limited (NNPCL) has declared war against the challenges affecting crude…

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    400,000 bpd crude oil deficit, despite vast reserves Nigeria at risk of partial implementation of 2024 budget – IPPG Chairman
    July 3, 2024FinanceGasMidstreamNewsUpstream

    400,000 bpd crude oil deficit, despite vast reserves Nigeria at risk of partial implementation of 2024 budget – IPPG Chairman

    … says competitive fiscal regime being negotiated with Shell, Total Energies, ExxonMobil, Chevron, to unlock  700,000 bpd in short, medium term   Oredola Adeola Nigeria’s daily production of 1.3 million barrels of crude oil and 8.5 bcf of natural gas,…

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