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DownstreamExtractive IndustryImpactNewsOil & GasUpstream

Oyedele fiscal policy Committee teams up with NEITI to drive oil, gas, extractive industry transparency

  Oredola Adeola   The Presidential Committee on Fiscal Policy and Tax Reforms (PCFPTR) has agreed to partner with the Nigeria Extractive Industries Transparency Initiative (NEITI) to leverage the findings…

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February 9, 2024
DownstreamImpactOil & Gas

NLC, TUC give FG 14 days to lessen economic impact of fuel price hike, Naira devaluation

  Oredola Adeola   Following the Federal Government's failure to implement the 16-point agreement agreed on October 2, 2023, the Nigeria Labour Congress and the Trade Union Congress have given…

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February 8, 2024
GasNewsOil & GasUpstream

NNPC Ltd. finally agrees to CBN oversight of oil sales revenue

  Oredola Adeola   The Nigerian National Petroleum Company Limited (NNPC Ltd.) has agreed to the Federal Government's directive for the Central Bank of Nigeria (CBN) to oversee the management…

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February 8, 2024
News

Court orders Tinubu to regulate petroleum products, essential goods within seven days

Oredola Adeola   The Federal High Court in Lagos has issued a directive to the administration of President Bola Tinubu to regulate the prices of Premium Motor Spirit (petrol), Diesel,…

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February 8, 2024
GasNewsOil & GasUpstream

NNPCL, TotalEnergies, partners commence oil production from Akpo West Field, add 14,000bpd  to Nigeria’s output

The Nigerian National Petroleum Company Limited (NNPC Ltd.) TotalEnergies and partners have commenced crude oil production from the Akpo West Field, adding about 14,000 barrels per day of condensate to…

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February 8, 2024
EnvironmentGreen FinanceImpactNewsPowerRenewables

NSIA, UK FCDO, partners launch Green Guarantee Company, with $1bn guarantee to mobilize climate finance for developing countries

  Oredola Adeola   The world's first climate-focused guarantee company, the Green Guarantee Company (GGC), has been launched by the Nigeria Sovereign Investment Authority (NSIA) alongside the United Kingdom’s Foreign,…

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February 7, 2024
AdvertorialDistributionPower

Ikeja Electric attains triple certification in quality, environmental, safety management systems

Oredola Adeola Ikeja Electric Plc Integrated Management System (IMS) has been simultaneously recertified with three major certifications - ISO 9001:2015 for Quality Management Systems, ISO 14001:2015 for Environmental Management Systems,…

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February 6, 2024
MaritimeMidstreamNewsOil & GasOil theftUpstream

Tantita arrests MT Harbour Spirit for crude oil theft in Delta State

Oredola Adeola   The Tantita Security Services Limited, in collaboration with the Nigerian Navy other security operatives have arrested another vessel Motor Tanker (MT) Harbour Spirit, with IMO No. 8226272,…

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February 6, 2024
GasNewsOil & GasUpstream

NCDMB parleys Chevron, commits to fast-tracking oil, gas projects approvals

  Oredola Adeola   The Nigerian Content Development and Monitoring Board (NCDMB) has pledged to expedite the approval of requests and documents submitted by oil and gas companies to ensure…

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February 6, 2024
AdvertorialDocumentaryGasHydrogenImpactMaritimeMidstreamOil & GasReviewUpstream

Tinubu, OPEC SG among speakers to discuss new energy world order at NIES 2024

  Oredola Adeola The Nigeria International Energy Summit (NIES) 2024, scheduled to take place at the International Conference Centre (ICC) in Abuja, Nigeria, from February 26 to March 1, 2024,…

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February 6, 2024
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