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Energy

Power Nigeria 2019 begins today in Lagos

From today, September 24 to 26, all roads for global energy experts will lead to the Landmark Centre – Water Corporation Road, Eti-Osa, Lagos, Nigeria for the yearly Power Nigeria summit. Whereas online registration is now closed, the organizers say…

NNPC, CPDC $875.75m financing deal to deliver financing edge

The Nigerian National Petroleum Corporation (NNPC) has explained the key reason behind the latest $875.75 million funding and technical services agreement and alternative financing deal for the Nigerian Petroleum Development Company (NPDC) operated Oil Mining Lease (OML) 65. The Corporation…

Official silence on PIB hanging fate of 3mbpd, deep pocket oil & gas investors

Revelations from the recently organized one-day workshop by the Nigerian Association of Petroleum Explorationists (NAPE) for oil and gas media professionals in Lagos have shown that drawbacks in the passage of the Petroleum Industry Bill (PIB) are fueling discouragements in…

SPDC steps up use of AI, deploys HD aerial cameras to man Spills, crude theft

Deployment Artificial Intelligence (AI) in the nation’s petroleum sector is gaining traction as Shell Petroleum Development Company of Nigeria Limited (SPDC), has deployed state-of-the-art high definition cameras for quick detection of and response to crude oil spills from its facilities….

Just in: Chevron considers climate change risks, opportunities in decisions—Ewing

Chairman/Managing Director, Chevron Nigeria Limited (CNL), Jeff Ewing has revealed that it is part of corporate policy to always proactively consider climate change risks and opportunities in taking business decisions. He added that the oil giant works constructively with government…

Exploration resumes as NNPC, SPDC, Belema settle Oil Mining Lease 25 dispute

Finally, peace has returned between the Nigerian National Petroleum Corporation (NNPC), joint venture partners, Shell Production Development Company (SPDC), and Belema Oil following the resolution of the dispute on the operation of Oil Mining Lease 25. Signing the dispute closure…

NNPC yet to begin refineries’ revival plan as it seals $2.5bn Chinese pipeline deal

Plans of delivering its inauguration pledge of making all four moribund refineries to begin export of refined products effective 2023 have remained in the cooler of the Nigerian National Petroleum Corporation (NNPC). Recall that the Group Managing Director of the…

REA lights up Kebbi State with 98.8KW solar hybrid mini grid power plant

The Federal Government through the Rural Electrification Agency (REA), inaugurated a 98.8KW solar hybrid mini grid power plant at Kare-Dadin Kowa, in Kebbi State, saying this is part of its commitment to providing equitable access to electricity across regions in…

Drilling activity, production, revenue jumping in Chad oil industry—AEC

Director of Strategy, African Energy Chamber (AEC), Mickael Vogel has revealed that Chad’s rigs count has been surprisingly high for a year now, in a country that produces only about 100,000 bopd. With seven rigs deployed on its territory since…

Energy

NGFCP boss to explain gas flare commercialization to US investors’ in Texas

Fresh strategic opportunity to speak to the gathering of gas flare commercialization investors in the United States of America (USA) has emerged for the Program Manager, Nigeria Gas Flare Commercialization Programme (NGFCP), Mr. Justice Derefaka. This stemmed from the invitation…