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Renaissance wins Energy Deal of the Year at NIES 2026
Renaissance Africa Energy Company on Tuesday night won the Energy Deal of the Year for 2025 at the Awards Night of the 2026 Nigeria International Energy Summit (NIES) in Abuja. The award recognises the company’s $2.4 billion acquisition of Shell’s…
African nations adopt Nigeria’s Local Content model for continent’s energy future
Sopuruchi Onwuka African oil-producing countries have agreed to leverage Nigeria’s local content development model as a framework for securing Africa’s energy future, strengthening intra-continental energy access, and driving sustainable economic growth. The decision emerged as the central outcome of the…
NCDMB drives Nigeria’s energy capacity, Africa’s supply chain connectivity
Sopuruchi Onwuka The Nigerian Content Development and Monitoring Board (NCDMB) has emerged as a central force in building Nigeria’s energy industry capacity while expanding Africa’s oil and gas supply chain connectivity, industry leaders heard at the Nigerian International Energy Summit….
NNPC secures operating partner for refinery IJV
Nigeria underway to become Africa’s refining hub Private investors building refinery capacity to 3.0 mbd Sopuruchi Onwuka Nigeria is underway to realizing the dream of becoming Africa’s refining hub after the national oil company finally secured partnership with a Chinese…
Chevron Nigeria wins CSR Leadership Award at NIES 2026
Chevron Nigeria Limited, has received Corporate Social Responsibility (CSR) Award at the Award night organized at the State House, Aso Villa Abuja on Tuesday February 3, 2026, as part of the 2026 Nigeria International Energy Summit. The Award was presented…
Nigeria delivers as Africa Energy Bank moves closer to launch
Sopuruchi Onwuka The Federal Government has said it has met all its obligations toward the establishment of the Africa Energy Bank (AEB), following the provision of a fully furnished headquarters in Abuja to enable the bank’s immediate take-off. The Minister…
IPPG urges Africa to shift from resource export to utilization
Sopuruchi Onwuka Independent crude oil and natural gas producing companies in Nigeria have called on African governments to urgently move away from inherited, export-focused petroleum models and instead design energy systems rooted in economic growth, industrial development, and national resilience….
PCTS calls for pan-industry collaboration on performance-based local content
Sopuruchi Onwuka International oil service contractors operating in Nigeria have called for stronger pan-industry collaboration to unlock full local capacity, improve efficiency, deepen technology transfer, and ensure consistent utilization of in-country investments across the petroleum sector. Chairman of the Petroleum…
NCDMB says only local industrial performance drives economic growth
Sopuruchi Onwuka The Nigerian Content Development and Monitoring Board (NCDMB) has declared significant milestones in strengthening the capacity, competence, and global competitiveness of Nigerian companies, reinforcing local content as a catalyst for industrialization and economic development. Executive Secretary, Engr. Felix…
Slow regulatory approvals threaten oil output targets __ PETAN
NCDMB proves exception with rapid response Sopuruchi Onwuka Industry players in Nigeria’s upstream petroleum sector have warned that slow regulatory approvals and prolonged contracting cycles are undermining efforts to ramp up crude oil production by over one million barrels per…
