Business Hilights

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Energy

NNPC Ltd Seals LNG Deals for Domestic, International Markets

In its efforts to further boost natural gas utilization in the country and enhance Nigeria’s gas revenue NNPC Ltd has signed two major agreements to deliver LNG to the domestic gas market and the international LNG market. During two separate…

COP 28: Kyari Makes Case for Just Energy Transition for Africa

As conversations on finding sustainable solutions for a decarbonized energy future continue to hold globally, the Group Chief Executive Officer (GCEO), NNPC Ltd., Mr. Mele Kyari has said the African Continent needs “a just, differentiated transition” to enable it to…

Commission, EIB, Breakthrough Energy Catalyst partner on climate technologies

Friday at the COP28 in Dubai, Commission President Ursula von der Leyen, Founder of Breakthrough Energy Bill Gates, and European Investment Bank President Werner Hoyer announced the first two European projects to be supported by the EU–Catalyst partnership: Ørsted’s FlagshipONE…

Stop congratulating me on my reappointment—NNPCL Boss

The Group Chief Executive Officer (GCEO) of Nigerian National Petroleum Company (NNPC) Limited, Malam Mele Kyari, expresses gratitude to Stakeholders and Nigerians for their enthusiasm regarding his reappointment by the President and Commander-in-Chief of the Federal Republic of Nigeria, Asiwaju…

Energy

How Shettima Factor survived Kyari at NNPCL

Whereas many pundits have argued that the influence of the Vice President, Kashim Shettima compelled President Tinubu not to remove the CEO of NNPCL, a statement from the State House said in compliance with Section 59 (2) of the Petroleum…

Chevron reassures commitment to partnership for sustainable development

Leading oil and gas giant, Chevron Nigeria Limited (CNL), operator of the joint venture between the Nigerian National Petroleum Company Limited (NNPCL) and CNL – (NNPCL/CNL JV), confirms that CNL is committed to partnership with various stakeholders including the communities…

Minister Commends Waltersmith Refinery, NCDMB for Domestic Refining Capacity

The Minister of State for Petroleum (Oil), Senator Heineken Lokpobiri, has commended Waltersmith Group and the Nigerian Content Development and Monitoring Board (NCDMB) for supporting the Federal Government agenda of improving domestic refining capacity. Speaking on Tuesday during a facility…

NIMASA monitoring situation at Egina Crude Oil Spill

The Nigerian Maritime Administration and Safety Agency (NIMASA), is closely monitoring the Crude oil spill incident which took place during loading operations in Egina on 15th November 2023 at about 6:30am. NIMASA is working closely with the National Oil Spill…

Stakeholders expose failure in Nigeria at WorldStage Economic Summit 2023

Unknown to many Nigerians, failure in regular electricity supply to households and businesses in the country is not only as a result of government negligence or lack of resources to generate it, but also due to complicated web of officialdom….

Kyari Calls for Adaptation to Changing Energy Landscape

…Advocates Diversified Energy Portfolio The GCEO, NNPC Ltd, Mele Kyari has charged stakeholders within the Nigerian oil and gas industry to adapt, evolve and lead in the ever-changing global energy landscape. Kyari gave this charge on Tuesday while delivering an…