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Friday, April 4, 2025

Oil & Gas

NEITI commends S4C on advocacy in oil, gas host communities

The Nigeria Extractive Industries Transparency Initiative (NEITI) has lauded Spaces For Change (S4C) for its impactful advocacy, recognising the organisation’s role in strengthening local...

Reps urge NNPCL to revive vandalised Ore depot

The House of Representatives has urged the Nigerian National Petroleum Corporation Limited (NNPCL) to prioritise rehabilitation of the vandalised pipelines linking Ore depot in...

Savannah Energy completes SIPEC acquisition with $35.1m

Savannah Energy PLC has announced the completion of its acquisition of Sinopec International Petroleum Exploration and Production Company Nigeria Limited (SIPEC). SIPEC’s principal asset is...

Oando wins bid for Guaracara refinery lease in Trinidad & Tobago

Oando Nigeria’s subsidiary, Oando Trading, has been officially selected as the preferred bidder to lease the refinery assets of Guaracara Refining Company (GRC) from...

NCDMB commends Heritage Energy, pledges support for OML 30 projects

The leadership of Heritage Energy & Oil Services Limited and its joint venture partners recently visited the Executive Secretary of Nigerian Content Development and...

Reps secure seven major oil firms’ commitment to settle $37.4m debt

The House of Representatives has secured the commitment of seven major oil companies to pay the $37,435,094.52 (approximately ₦58 billion) owed the country before...

NCDMB acquires 20% equity in 100kbpd refinery project

The Nigerian Content Development and Monitoring Board (NCDMB) has sealed a deal to acquire 20 per cent equity in a 100,000 barrels per day...

Govt vows to address North-East energy challenges, promotes gas-powered economy

The Federal Government of Nigeria has reaffirmed its commitment to tackling the energy challenges plaguing the North-East region, ensuring that clean energy becomes accessible...

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Santiago Network, Loss and Damage Fund partnership to strengthen support for vulnerable communities

The Santiago Network and the Fund for responding to Loss and Damage (FRLD) signed a letter of intent in March 2025 on how...
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COP30: Dan Ioschpe will lead as High-Level Champion

Brazil's President Luiz Inácio Lula da Silva has announced the selection of entrepreneur Dan Ioschpe as a high-level climate...

NEITI hails Seplat Energy’s entrance into EITI

The Nigeria Extractive Industries Transparency Initiative (NEITI) has welcomed Seplat Energy Plc as the first independent, strictly private sector-led...

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Santiago Network, Loss and Damage Fund partnership to strengthen support for vulnerable communities

The Santiago Network and the Fund for responding to Loss and...

COP30: Dan Ioschpe will lead as High-Level Champion

Brazil's President Luiz Inácio Lula da Silva has announced...
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 Mr Liu Kan, the Consul-General of the Consulate General...

OPEC tasks oil, gas industries on reducing emission

The Organisation of Petroleum Exporting Countries (OPEC) says the oil and...