Suspension of Naira-for-Crude deal: Slim odds for revival beyond March 2025
... as FG considers new forward sale agreement until 2034 Oredola Adeola The likelihood of the continuation of the Naira-for-Crude arrangement between the Nigerian National Petroleum Company Limited (NNPCL) and…
Multisub Energy, OHCDT empower host communities with solar lights, other projects
...as NUPRC commends company’s social investment Multisub Energy Limited, an indigenous oil and gas exploration and production company, in partnership with the Olure Host Communities’ Development Trust (OHCDT), has commissioned…
FG to learn from Egypt’s energy model for stable, affordable power supply
…. Egypt calls for activation of MoU with Nigeria to bridge metering gap, enhance energy collaboration Oredola Adeola The Federal Government has expressed its commitment to learning from Egypt’s experience…
NLNG boosts domestic LPG supply efficiency with new digital platform
… streamlines processes to deliver 100% of LPG supply to local market Oredola Adeola The Nigeria Liquefied Natural Gas (NLNG) has committed to enhancing operational efficiency in domestic Liquefied Petroleum…
Axxela, with 360km gas pipeline, reaffirms commitment to industrialisation, sustainability in Lagos
... expands into VI-Lekki corridor, with cleaner, cheaper gas Oredola Adeola Axxela Limited, a leading gas and power solutions provider in sub-Saharan Africa with over 360km of natural gas pipeline…
Islamic terrorists set Niger-Benin pipeline ablaze in Konni
...potentially threatening Nigeria ,Algeria Trans-Saharan Gas Pipeline (TSGP) Oredola Adeola A terrorist group launched an attack on the Niger-Benin pipeline on Friday evening, setting parts of the facility ablaze near…
Renaissance Africa Energy unveils logo, targets sustainability
... receives FG's mandate to achieve av. production of 226,421 bpd (gross) within Q1,2025 Oredola Adeola Renaissance Africa Energy, a proudly Nigerian company backed by four leading Indigenous firms and…
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…
