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FAAC disburses N1.659 trn from May income
Sopuruchi Onwuka Federal government has shared about N1.659 trillion to the three tiers of political administration in the country; being part of the gross revenue of N2.942 trillion available in the month of May 2025. Federation Account Allocation Committee (FAAC)…
Julius Berger formally engaged in Oloibiri Museum project
All roadblocks to construction of the world-class Oil and Gas Museum and a Research Testing Centre have now been cleared to enable construction giant, Julius Berger, to proceed to site. According to the Nigerian Content Development and Monitoring Boars (NCDMB),…
NLNG endorses 2025 Oriental News Nigeria Summit
Sopuruchi Onwuka As Nigeria continues to promote energy efficiency with natural gas as key driver to achieve her energy transition goals, key stakeholders in the sector would be discussing prospects of the country’s huge gas resources in actualizing set targets….
EU sets 2027 deadline to cut Russian gas imports
As the European Union seeks to end its dependency on Russian energy, the European Commission is set to propose this week a ban on new contracts for natural gas supply with Russia on the basis of trade law, which needs…
ADNOC-led consortium throws in $18.7 bn bid for Santos
Sopuruchi Onwuka A consortium led by Abu Dhabi National Oil Company (ADNOC) has thrown in attention-grabbing $18.7 billion offer to acquire Australia’s second-largest gas producer, Santos, in a bid that focuses on the future potentials of both companies when merged…
Dangote Refinery bypasses distributors, opens doors to all offtakers
Sopuruchi Onwuka The Dangote Refinery has finally dismantled all distribution roadblocks in its business, offering direct purchase of key transportation fuels to retailers and bulk offtakers in the domestic fuel market. The company declared in a statement on Sunday that…
Nigeria’s Aka Nwokedi appointed IGU’s Coordinator
Sopuruchi Onwuka , President of the Nigerian Gas Association (NGA), Mr Aka Nwokedi, has been appointed the African Regional Coordinator of the International Gas Union (IGU), making him one of the few Africans that have taken strategic roles in the…
Africa Energy Bank: Will Nigeria miss another great opportunity?
Sopuruchi Onwuka The delay in the full funding and activation of the highly anticipated African Energy Bank (AEB) clearly falls into pattern with the inability of African countries to muster critical collaborative thrust in pushing collective agenda; it reinvents the…
NAEC conference to debate Nigeria’s energy future
The Association of Energy Correspondents of Nigeria (NAEC) has announced October 9, 2025, as the date for its annual conference, with the theme: “Nigeria’s Energy Future: Exploring Opportunities, Addressing Risks for Sustainable Growth.” The event is scheduled to take place…
Senate pledges support for NCDMB’s programmes
Sopuruchi Onwuka The Senate has declared its endorsement of the programmes and processes adopted by the Nigerian Content Development and Monitoring Board (NCDMB) in the implementation of the Nigerian Oil and Gas Industry Content Development (NOGICD) Act, 2010. Committee on…
