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Commerce and Industry

Afri-6 fuel standard puts modular refinery investments at risk

Dormant institutional funds must be unfrozen to fund petroleum investments Africa Energy Bank still on course for activation by December Sopuruchi Onwuka Imposing global quality standards for Nigeria’s fledgling domestic midstream petroleum industry migh prove counterproductive by draining the commercial…

DMG Nigeria Events postpones the West Africa IMT Summit & Exhibition

Sopuruchi Onwuka The highly anticipated West Africa Industrialization, Manufacturing & Trade Summit and Exhibition earlier scheduled for the middle of the month will now be held in the first quarter of 2026, the organizers have announced. According to an update…

NLNG, NCDMB celebrate122 graduates of Train 7 HCD programme

The Nigeria Liquefied Natural Gas (NLNG) and the Nigerian Content Development and Monitoring Board (NCDMB), closed-out the Train 7 Project Human Capital Development (HCD) Advanced Training Programme. General Manager in charge of Corporate Communications at the NCDMB, Dr Obinna Ezeobi,…

10th anniversary: Kenyon International charts bold future for Nigeria’s energy industry

Kenyon International, a leading indigenous oil and gas servicing company, celebrated its 10th anniversary on September 12, 2025, at the Eko Hotel and Suites in Lagos. This milestone event showcased the company’s significant contributions to the nation’s oil and gas…

Smart Energies showcases bold innovations transforming Nigeria’s energy future

Invites subsidy partners for enhanced energy access Sopuruchi Onwuka Leading energy solutions provider in the domestic market, Smart Energies, has declared expansion of its business from mass deployment clean cooking gas to innovative renewable energy solutions designed to transform access,…

DICON partners Oida Energy on Nigeria’s 1st Oilfield Shaped Charge Manufacturing Facility

Sopuruchi Onwuka The Defence Industries Corporation of Nigeria (DICON) and Oida Energy Limited weekend signed a landmark Memorandum of Understanding (MOU) to establish Nigeria’s first in-country oilfield shaped charge manufacturing facility; marking a significant advancement in realizing government’s aspiration for…

Ogbe demands pan-African collaboration on industry development

Sopuruchi Onwuka Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr Felix Ogbe, had declared the need for African governments and players in the petroleum industry to closely collaborate to drive effective programmes that deliver energy sufficiency…

Nigeria exports 24.42 Mbbls petroleum liquids in August

Unplanned maintenance eats off 80kbd from monthly average Sopuruchi Onwuka The Nigerian upstream petroleum industry pushed significant 24.42 million barrels of hydrocarbon liquids into the domestic and foreign markets in the month of August, 2025. The Crude Oil and Condensate…

Seplat declares commitment to sustainable growth

* Says it hit jackpot with MPNU acquisition Sopuruchi Onwuka Seplat Energy Plc has declared commitment to strong corporate governance standards, inorganic asset acquisition and rapid capacity development in order remain in the path of sustainable growth. The company also…

Komolafe assures energy players of clear, rewarding fiscal climate

Sopuruchi Onwuka Nigeria’s upstream petroleum regulator has urged international exploration and production companies to seize the opportunities presented in prevailing regulatory environment to invest in Nigeria’s oil and gas industry. Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC),…