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    NUPRC’s rapid progress in ExxonMobil’s $1.3bn Assets Deal to Seplat Energy Plc: A Tale of Swift Action and Commitment to Nigeria’s Energy Industry
    April 22, 2024FeatureOil & GasOpinion-editorialUpstream

    NUPRC’s rapid progress in ExxonMobil’s $1.3bn Assets Deal to Seplat Energy Plc: A Tale of Swift Action and Commitment to Nigeria’s Energy Industry

      By Ibrahim Musa   There are indications that the Nigerian Upstream Petroleum Regulatory Commission, NUPRC, the regulator of Nigeria’s upstream oil sector, is not responsible for the alleged delay in granting consent to the sale of $1.3 billion ExxonMobil’s…

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    NIPCO receives Energy Times Most Innovative Gas Company of the Year for pioneering Nigeria’s CNG revolution
    April 22, 2024DownstreamEnergy TransitionGasImpactNewsOil & Gas

    NIPCO receives Energy Times Most Innovative Gas Company of the Year for pioneering Nigeria’s CNG revolution

      Oredola Adeola   NIPCO Gas has been honoured with the title of Innovative Gas Company of the Year by Energy Times Newspaper, in recognition of the company’s pioneering initiatives in advancing the adoption of Compressed Natural Gas (CNG) and…

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     Hospital Support Programme: NLNG signs MOUs with 2 University Teaching Hospital, FMC for renovation construction projects
    April 19, 2024DocumentaryGasImpactMidstreamNewsOilSustainability

     Hospital Support Programme: NLNG signs MOUs with 2 University Teaching Hospital, FMC for renovation construction projects

    Oredola Adeola   Nigeria LNG (NLNG) has signed Memoranda of Understanding (MOUs) with the Federal Medical Centre Asaba for renovating and equipping Neonatal Wards and Intensive Care Unit, Abubakar Tafawa Balewa University Teaching Hospital Bauchi for constructing and equipping a…

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    PETAN seeks NUPRC, stakeholders collaboration to unlock Nigeria’s untapped oil, gas for in-country refining, stable supply
    April 19, 2024Extractive IndustryGasMidstreamNewsOil & GasService CompanyUpstream

    PETAN seeks NUPRC, stakeholders collaboration to unlock Nigeria’s untapped oil, gas for in-country refining, stable supply

    “We have the rigs, we have the services, untapped resources underground that need to be tapped”- Engr. Ogunsanya   Oredola Adeola   The Petroleum Technology Association of Nigeria (PETAN) has expressed its members’ eagerness to collaborate with the Nigerian Upstream…

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    NNPCL, First E&P begin oil production from Madu field in OML 85, target oil 20,000 barrels per day
    April 19, 2024NewsOil & GasUpstream

    NNPCL, First E&P begin oil production from Madu field in OML 85, target oil 20,000 barrels per day

      Oredola Adeola   The Nigerian National Petroleum Company Limited (NNPC Ltd) and its Joint Venture partner, First Exploration and Petroleum Development Company Limited (First E&P), have commenced oil production from the Madu Field, located in OML 85, in shallow…

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    Amidst electricity crisis, Nigerian Billionaire-backed powerhouses “Geregu and Transcorp” record financial success in Q1 2024
    April 19, 2024EditorialFinanceGenerationImpactNews

    Amidst electricity crisis, Nigerian Billionaire-backed powerhouses “Geregu and Transcorp” record financial success in Q1 2024

    … record soaring revenues, profits, strategic growth   Oredola Adeola   Amid Nigeria’s ongoing challenges within the power supply landscape, Geregu Power Plc and Transcorp Power Plc have demonstrated notable financial success in the first quarter (Q1) of 2024.  …

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    Eko Disco proposes extension of 20hr power supply to Bands B-E, reaffirms commitment to delivering targets to band A customers
    April 19, 2024DistributionImpactNewsPower

    Eko Disco proposes extension of 20hr power supply to Bands B-E, reaffirms commitment to delivering targets to band A customers

    …awaits NERC approval for migration of more customers to Band A …  reveals why paid customers remain unmetered, why prepaid payment link was disabled … Lasaki explains how EKEDC customers can participate in CSR initiatives   Oredola Adeola   The…

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    NCDMB secures $1m ROI from NEDOGAS gas gathering project
    April 18, 2024FinanceGasMidstreamNewsOil & Gas

    NCDMB secures $1m ROI from NEDOGAS gas gathering project

      Oredola Adeola   The Nigerian Content Development and Monitoring Commission (NCDMB) has confirmed the receipt of a cheque of $1 million from the Nedogas Development Company Limited (NDCL) being part of the Return on Investment (ROI) on the 300…

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    Gas Supply, Purchase Agreement for $3.6 billion Brass  methanol, gas processing plant to be executed In May – Ekpo
    April 18, 2024FinanceGasMidstreamNewsOil & GasUpstream

    Gas Supply, Purchase Agreement for $3.6 billion Brass  methanol, gas processing plant to be executed In May – Ekpo

    Oredola Adeola The Gas Supply and Purchase Agreement (GSPA) to support the Final Investment Decision (FID) for the $3.6 billion Brass  methanol plant and gas processing plant in Odioma, Brass Island, Bayelsa State, to be executed by May, 2024. Ekperikpe Ekpo,…

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    FG seeks partnership with PETAN to revitalize idle oil, gas wells, optimize active ones for increased revenue
    April 18, 2024DownstreamLocal ContentMidstreamNewsOil & GasUpstream

    FG seeks partnership with PETAN to revitalize idle oil, gas wells, optimize active ones for increased revenue

      …PETAN demands incentives for stakeholders to boost industry output   Oredola Adeola   The Federal Government has announced its readiness to collaborate with the Petroleum Technology Association of Nigeria (PETAN) to revitalize some of the country’s idle wells and…

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