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Refining capacity might outstrip crude production, Wabote warns
Sopuruchi Onwuka With capacity regeneration in the midstream petroleum industry in the country, the falling crude oil production capacity might turn Nigeria into a net importer of crude oil if concerted efforts are not speedily coordinated to boost petroleum liquids…
TotalEnergies pledges 9.4 MW of renewable energy by 2025
Sopuruchi Onwuka French multinational energy major, TotalEnergies, has pledged to assist in meeting Nigeria’s electricity demand by adding significant 9.4 megawatts of supply through renewable sources. The company which has developed more oilfields in the past decade than any operating…
How to deepen rural LPG penetration in Nigeria- NIPCO Boss
The Managing Director of NIPCO Plc, Suresh Kumar, has advocated the need to deepen the use of Liquefied Petroleum Gas through improved penetration into rural areas in Nigeria. Liquefied Petroleum Gas consumption in Nigeria, is still low, and at variance…
NNPC settles Total’s labour crisis, restores 275,000 b/d output
Following a peace deal brokered on Sunday by the Nigerian National Petroleum Company Limited, NNPCL, between the Management of Total Energies, operator of the NNPC/Total JV, the Petroleum and Natural Gas Senior Staff Association, (PENGASSAN) and the Nigeria Union of…
FG flaunts free zones to foreign investors
Minister of Industry, Trade and Investment, Doris Uzoka-Anite, has stated that foreign investors seeking space in the country would enjoy the fiscal incentives built into the numerous free trade zones around the country. The minister, according to a Bloomberg report…
Decarbonization to lower Nigeria’s electricity cost
Sopuruchi Onwuka Adoption of renewable electricity production technology for sustainable power supply will ultimately cut the cost of electricity in Africa’s biggest economy where renewable power supply is currently unpopular due to high cost of procurement and maintenance. Managing Director…
NCDMB tasks indigenous oil firms on governance, policy compliance
The management of Heritage Energy Operational Services Limited (HEOSL) and other indigenous oil and gas companies have been advised to adopt strict corporate governance guidelines in their operations if they want their firms to grow sustainably. The companies were equally…
NLNG’s restates commitment to local content
Nigeria LNG Limited (NLNG) last weekend hosted the Nigerian Content Stakeholders Retreat at its plant complex in Bonny, in demonstration of its unwavering commitment to the advancement of local content in Nigeria. The three days event provided a platform for…
Wabote counts local content benefits at MG VOWGAS’s facilities
The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote on Tuesday commissioned MG VOWGAS’ newly installed 200-ton heat treatment furnace and state-of-the-art dish head forming machine at the company’s yard in Port Harcourt,…
Oando is ahead of Africa’s ESG curve
Nigeria’s leading indigenous energy solutions provider, Oando, has been confirmed the leader in Africa’s efforts to conform to new global environmental and sustainability standards through its innovative investments in business portfolios that wipe off its operational footprints on the environment….
