Xenergi Limited denies involvement in Axxela, Emo Ebendo/Umuseti communities land dispute
... dismisses allegations of gas supply monopoly, trade war Oredola Adeola The management of Xenergi Limited has refuted claims linking the company to a land dispute between Axxela Limited and…
Power Minister Adelabu, Adegbemle condemn military’s vandalism, assault on Ikeja, Eko DisCos staff
"It is a direct threat to stability of power supply, economic well-being" Minister "We demand independent investigation, prosecution of individuals involved, full restitution by the military" PowerUp Nigeria Oredola Adeola…
BP to sell 50% stake in Lightsource BP, scales back renewable energy investments
... shifts focus to oil, gas, increases annual spendings to $10 billion Oredola Adeola with agency reports British Petroleum (BP), one of the world's largest integrated energy companies, is finalizing…
Explosion rocks Renaissance’s Trans Niger Pipeline in Rivers State, cause unknown
Oredola Adeola An explosion rocked a section of the Trans Niger Pipeline (TNP) in Bodo Community, Gokana Local Government Area of Rivers State, late Monday night, igniting a fire that…
NNPCL reaffirms commitment to utilization of HCDT funds to drive sustainable development in Niger Delta
Oredola Adeola The Nigerian National Petroleum Company Limited (NNPCL) has reiterated its commitment to the utilization of funds allocated under the Petroleum Industry Act (PIA) to drive education, healthcare, infrastructure,…
NCDMB unveils ‘Champions of Nigerian Content Awards’
Oredola Adeola The Nigerian Content Development and Monitoring Board (NCDMB), in collaboration with Sweetcrude Limited, publishers of SweetcrudeReports, has announced the launch of the ‘Champions of Nigerian Content Awards.’…
Umuseti community confirms sale of ancestral land to Axxela for gas processing plant
... dismisses claims by Emu Ebendo Oredola Adeola The Umuseti Community in Utagba-Ogbe has confirmed the sale of a parcel of land to Axxela Company for its planned gas processing…
Plateau becomes 11th state to gain electricity market oversight
... set to take full charge by Sept 2025 Oredola Adeola The Nigerian Electricity Regulatory Commission (NERC) has issued orders of transfer of oversight of Plateau State's electricity market to…
CERAWeek: NNPC seeks Chinese, Indian investors for strategic investments in Nigeria’s refining, gas sector
...says robust regulatory reforms have transformed Nigeria into investors’ haven The Nigerian National Petroleum Company Limited (NNPC Ltd) has urged investors from China, India, and other countries to seize…
Nigeria to triple oil revenue through local refining – Sen. Lokpobiri
... assures Petroleum Ministry agencies’ participation in OTL Africa Downstream Energy Week 2025 Oredola Adeola Senator Heineken Lokpobiri, Nigeria’s Minister of State for Petroleum Resources (Oil), has reaffirmed the government’s…