Aliko Dangote, Africa’s richest man and Chairman of Dangote Group, has assured that starting next month, Nigeria will no longer need to import petroleum products, following the implementation of the Dangote Refinery’s plans. The refinery, he noted, has the capacity Read More
Tackling Nigeria’s energy poverty, electricity disparity to grow economy
Nigeria, despite being one of Africa’s largest economies, grapples with significant disparities in electricity access between urban and rural communities. The post Tackling Nigeria’s energy poverty, electricity disparity to grow economy appeared first on The Guardian Nigeria News – Read More
Tinubu govt. will provide solar alternatives to mitigate subsidy removal, says REA boss, Ahmad
Ahmad Salihijo Ahmad, Managing Director/Chief Executive Officer of Rural Electrification Agency, REA, on Friday, said the Federal Government is providing solar energy alternatives to Nigerians to cushion the effect of subsidy removal on businesses and households. Ahmad, who was speaking Read More
Nigeria missing as five oil majors earn $200 billion in long rally
While Nigeria is recording losses despite the high oil prices, ExxonMobil, Chevron, BP, Shell, and TotalEnergies are set to declare $200 billion. The post Nigeria missing as five oil majors earn $200 billion in long rally appeared first on The Read More
Saving Nigeria’s upstream petroleum sector from total collapse
Nigeria, once a leading crude oil producer in Africa with close to two million barrels per day production is struggling to keep up despite the passage of the Petroleum Industry Act. The post Saving Nigeria’s upstream petroleum sector from total Read More
‘Why NUPRC must address growing divestment issues in Nigeria’
There are looming concerns in the upstream segment of the nation’s oil and gas industry except for the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) taking proactive The post ‘Why NUPRC must address growing divestment issues in Nigeria’ appeared first on Read More
Lessons from Nigeria’s 2020 marginal bid round
After many years without a licensing round, the 2020 marginal oilfield bid, already being closed out, offers the nation’s oil sector a glimpse into the future. KINGSLEY JEREMIAH takes a look The post Lessons from Nigeria’s 2020 marginal bid round Read More
Succour for Nigeria as global oil demand, price may decline
Projected demand drop of over 1.4 million barrels per day of crude oil at the international market may provide brief succour for Nigeria’s economy, which has been gasping for breath The post Succour for Nigeria as global oil demand, price Read More
How Nigeria can end growing crude oil theft
Crude oil loss through theft or organised criminal activities is already on the verge of hijacking oil and gas operations in Nigeria. With over 91 per cent loss in some cases The post How Nigeria can end growing crude oil Read More
Stakeholders to discuss Nigeria’s upstream, gas market
The Organisation of Petroleum Exporting Countries (OPEC), Ministry of Petroleum Resources, Nigerian National Petroleum Company (NNPC) Limited and other stakeholders are set to canvass The post Stakeholders to discuss Nigeria’s upstream, gas market appeared first on The Guardian Nigeria News Read More