NUPRC defends proposed 2024 closed bids round for oil, gas fields
Oredola Adeola The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has reaffirmed its commitment to conducting the 2024 closed bids through a rigorous, fair, and competitive process, emphasising that the move…
OPEC urges NNPC Ltd. to supercharge oil, gas production, seize $14tr investment opportunity for global energy security
Oredola Adeola The Organization of the Oil Exporting Countries (OPEC) has charged the Nigerian National Petroleum Company Limited (NNPC Ltd.) to do everything possible to raise Nigeria's crude oil…
NNPC Ltd not hindering IOC’s divestment, but facilitating incremental production on all assets -Kyari
Oredola Adeola The Nigerian National Petroleum Company Limited (NNPC Ltd), has assured that its role in the divestment of the International Oil Companies from onshore and shallow water assets…
Tinubu says petrol subsidy funds redirected towards securing Nigeria’s energy future
Oredola Adeola President Bola Tinubu revealed that the funds previously allocated for the payment of subsidy on Premium Motor Spirit (petrol) are now being redirected towards securing Nigeria's energy…
OB3 pipeline project deadline shifted, as Ekpo sets March 2024 target
Oredola Adeola In an unexpected twist just three months after assuring a timely completion by the end of 2023, Ekperikpe Ekpo, Minister of State for Petroleum Resources (Gas) has…
NGA unveils strategic initiatives for 2024, focuses on gas industry advocacy, growth
... introduces new membership framework, NGA student chapter Oredola Adeola The Nigerian Gas Association (NGA) has set ambitious goals for 2024, focusing on enhancing advocacy for the implementation…
Oando leads Nigeria energy transition charge at NIES 2024
Oredola Adeola Oando PLC, Nigeria's premier energy solutions provider, has announced the plan to showcase investments in renewables and sustainable energy sources, as one of the companies leading…
Nigeria considers review of NIMASA Act, seeks to repeal antique fisheries law imposing N500 fines on unlicensed craft owners
Oredola Adeola The Nigerian Government is gearing up to overhaul its antiquated Fisheries Act of 1967, which currently enforces penalties as low as a fine of N500 or six…
EKEDC battles transformer sabotage with over 100 units stolen
Oredola Adeola The Eko Electricity Distribution Company (EKEDC) has revealed that over one hundred transformers have fallen victim to acts of sabotage and theft, stating that each damaged…
Electricity subsidy extension: Consumers advocacy leaders blast Senate
... Adegbemle says "electricity is now considered a commodity, not public utility" Oredola Adeola Electricity rights advocates and energy experts have criticized the Nigerian Senate for proposing to extend electricity…