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Oil & Gas

Oil & Gas

Shell to build gas distribution network in Oyo

The Oyo State Government and Shell Nigeria Gas (SNG) have signed an agreement to develop a gas supply and distribution infrastructure that will deliver...
Michael Simire -
Oil & Gas

NCDMB receives N450m interim dividend from Waltersmith modular refinery

The Nigerian Content Development and Monitoring Board (NCDMB) on Monday, April 29, 2024, announced that it received an interim dividend of N450 million out...
Michael Simire -
Oil & Gas

Divestments: Shell assets estimated at 4.96 billion barrels oil reserve – NUPRC

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says the Shell Petroleum Development Company of Nigeria Limited (SPDC) assets being considered for divestments have an...
Michael Simire -
Oil & Gas

Axxela announces Final Investment Decision to develop 50 MMSCF/D gas processing plant

Axxela Limited, a leading gas and power portfolio company in sub-Saharan Africa, announces that it has taken Final Investment Decision (FID) for the development...
Michael Simire -
Oil & Gas

Lokpobiri to Wabote: I stand by my words

The Minister of State for Petroleum Resources (Oil), Sen. Heineken Lokpobiri, has reiterated that he stands by his statement at The Petroleum Club's quarterly...
Michael Simire -
Oil & Gas

NNPC, partner unlock 12,000bpd production from Awoba Unit Field

Keen on optimising production from the nation’s hydrocarbon assets to boost revenues and meet the nation’s OPEC production quota, the Nigerian National Petroleum Company...
Michael Simire -
Oil & Gas

NNPC, First E&P achieve 20,000bpd production at OML 85

The Nigerian National Petroleum Company Limited (NNPC Ltd) and its Joint Venture partner in OML 85, First Exploration and Petroleum Development Company Limited (First...
Michael Simire -
Oil & Gas

NCDMB receives $1m return on investment from Nedogas

The Nigerian Content Development and Monitoring Board (NCDMB) on Monday, April 15, 2024, received a cheque of $1 million from Nedogas Development Company Limited...
Michael Simire -
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US withdrawal from Paris Agreement effective from January 2026

The United States has officially notified the Secretary-General of its withdrawal from the Paris Climate Agreement, effective January 27,...
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Stakeholders seek increased financial support for Lake Chad Basin

Regional leaders at the 5th Lake Chad Basin Governors’ Forum (LCBGF) have called for greater financial backing and strategic interventions to...
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Africa Energy Summit: Leaders commit to transformation with $50bn backing

Thirty African Heads of State and Government have committed to concrete reforms and actions aimed at expanding access to...

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US withdrawal from Paris Agreement effective from January 2026

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Stakeholders seek increased financial support for Lake Chad Basin

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