Nigeria is preparing to seek a 25 per cent increase in its crude oil production quota from the Organisation of Petroleum Exporting Countries (OPEC) by 2027, citing growing domestic demand as justification. Group Chief Executive Officer of the Nigerian National Read More
Shell hinges gas future on infrastructure investment, policy stability
Shell Nigeria Gas (SNG) has emphasised that large-scale infrastructure investment, stable regulatory environment and modern technology are critical pillars for Nigeria to fully harness its vast natural gas reserves and deliver sustainable energy to industries and households. The post Shell Read More
Nigeria’s energy sector undermined by welding gaps, poor standard
The Managing Director of Mudiame International Limited, Prof. Sunny Eromosele, has criticised the Nigerian oil and gas sector for its failure to build and enforce quality assurance systems around welding and fabrication, essential pillars of upstream gas infrastructure. The post Read More
Mozambique targets energy independence with new refinery backed by Nigeria’s Aiteo
Mozambique has taken a significant step towards energy independence and regional influence with the signing of an agreement to develop a 240,000 barrels-per-day (bpd) oil refinery, backed by Nigerian energy firm Aiteo. The agreement, formalised during a signing ceremony chaired Read More
Refinery repairs hit unexpected hurdles, under review — NNPCL CEO
The Nigerian National Petroleum Company (NNPC) Limited has acknowledged that efforts to rehabilitate the country’s state-owned refineries are facing significant challenges, with the process proving more complex than initially projected. Speaking to Bloomberg on the sidelines of the 9th OPEC Read More
Axxela marks 9m man-hours with no lost time injury
Axxela Limited, a leading gas and power portfolio company in sub-Saharan Africa, has achieved a significant safety milestone, recording nine million man-hours with zero Lost Time Injury (LTI) across its operations. The company described the landmark as a testament to Read More
Trackbond Energy partners with China’s Tide Power to boost Nigeria’s energy sector
Trackbond Energy Services Ltd has partnered with China-based manufacturing company, Tide Power, to expand clean energy solutions and address Nigeria’s longstanding power challenges. The partnership was announced at the Tide Power Nigerian Branch Product Seminar, which brought together stakeholders from Read More
Niger Delta environmentalists call for adoption of renewable energy
Environmentalists from the Niger Delta region have called for a transition away from fossil fuels, citing their devastating effects on both the environment and local communities. The call was made at the 3rd Annual Niger Delta Climate Change Conference, hosted Read More
Energy watchdog applauds Komolafe’s NUPRC over ₦12.25tr oil revenue
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has earned high praise from the Energy Governance Alliance (EGA) for generating ₦12.25 trillion in revenue for 2024—a performance the group described as unprecedented and reflective of deep institutional reform under the leadership Read More
Oil theft eases despite $25.7b losses in 23yrs as operators turn to barges
Nigerian elites and their international collaborators may have stolen over $25.7 billion crude oil in the past 23 years, fueling poverty, revenue shortfall and public debt, which currently stands at N149.4 trillion. The post Oil theft eases despite $25.7b losses Read More