business

NCDMB Elevates Nigerian Content to 54% in 2023, Aims for 70% by 2027

By Genevieve Aningo The Nigerian Content Development and Monitoring Board, NCDMB, has disclosed that it has developed Nigeria’s local content…

2 years ago

NNPC to Work with Partners to Reduce Methane Emissions – Eyesan, EVP Upstream

NNPC Ltd. has expressed its commitment to work with global partners in the march towards reducing methane emissions in oil…

2 years ago

<strong>Kyari, Kerry, Moynihan, others discuss climate issues at COP28 in UAE</strong>

Group Chief Executive Officer of the Nigerian National Petroleum Company (NNPC) Limited, Malam Mele Kyari joined other global personalities on…

2 years ago

OPEC Announces New Production Cuts, Appoints Libya, Nigeria as Chair in Board of Governors

By Ndubuisi Micheal Obineme In an eventful 36th OPEC and non-OPEC Ministerial Meeting (ONOMM) convened on November 30, 2023, significant…

2 years ago

Equinor sells Nigerian business to Chappal Energies

Equinor sells its Nigerian business, including its share in the Agbami oil field, to Nigerian-owned Chappal Energies. Equinor and Chappal…

2 years ago

AFC Invests $60 Million to Boost Angola’s Indigenous Oil & Gas Production

The investment is part of a $190 million debt facility to support Etu Energias in acquiring oil and gas reserves…

2 years ago

Construction of Nigeria-Morocco gas pipeline project begins in 2024

By Ndubuisi Micheal Obineme The Federal Government of Nigeria has disclosed that the Nigeria-Morocco Gas Pipeline Project, which is aimed…

2 years ago

<strong>Altano Energy and Exus collaborate on dual 64MW Spanish solar plants exceeding 83,000MWh</strong>

With Exus Management Partners providing asset management services to Altano Energy, PV projects Puertollano and El Villar supply enough energy…

2 years ago

TotalEnergies EGINA Oil Spill Not a Minor One – NOSDRA

By Ndubuisi Micheal Obineme The National Oil Spills Detection and Response Agency (NOSDRA) has said that the oil spill from…

2 years ago

Adopt Tunneling, Underground Space Development to transform Nigeria’s economy – Experts

Nigeria and other African nations have been urged to embrace Tunneling and Underground Space Development as a strategy for achieving…

2 years ago

WEOG Frowns Over Gas Flaring, Seeks More Investors to Open Up the Industry

The International Forum for Women in Energy, Oil and Gas (WEOG) has kicked against the incessant gas flaring in the…

2 years ago

INTERVIEW: “German Companies Need Guarantees from Govt to Sign Long-term Offtake LNG Contracts” – Liebing, Conjuncta CEO

The Conjuncta Group is a German investor and project developer specializing in investing in companies and projects in the fields…

2 years ago

NNPC Guarantees Roburst PMS Supply Throughout the Yuletide Period and Beyond

…As Akpabio Pledges Parliament Support to NNPC Ltd. The GCEO of NNPC Ltd., Mele Kyari said the Company has already…

2 years ago

NNPCL Committed to Winning the War Against Crude Oil Theft — Ajiya

…Says Security Collaboration Key to Halting Crime, Attaining Energy Security The Nigerian National Petroleum Company (NNPC Ltd.) has reiterated its…

2 years ago

Nigeria, Germany Sign $500M Renewable Energy Pact, Gas Export Agreement

By Ndubuisi Micheal Obineme The economic partnership between Nigeria and Germany was strengthened earlier this week as two important agreements…

2 years ago

NNPCL BAGS BEST INNOVATIVE COMPANY AWARD AT NAPE CONFERENCE 2023

The Nigerian National Petroleum Company (NNPC) Ltd. has emerged as the 2023 Best Innovative Company of the Year at the…

2 years ago

Libya Begins First Crudeoil Export of 600,000 barrels from Erawin Field

By Ndubuisi Micheal Obineme Libya’s National Oil Corporation (NOC) has officially announced that it exported its first crudeoil shipment from…

2 years ago

TotalEnergies Spuds First Of Three Wells Offshore Nigeria

French energy giant TotalEnergies said that it is in the process of drilling the first of three wells on a…

2 years ago

Africa’s NOCs Signs Historic Agreement to Deepen Regional Collaboration

By Ndubuisi Micheal Obineme Société Nationale des Pétroles du Congo (SNPC) hosted the 5th edition of the meeting of CEOs…

2 years ago

Afreximbank, APPO to Inaugurate African Energy Bank in June 2024

The African Export-Import Bank (Afreximbank) says it is set to inaugurate the African Energy Bank in June 2024 to mitigate…

2 years ago

<strong>ANGEA Launches Cross Border Carbon Reduction Accreditation Program</strong>

…groundbreaking program to help unlock CCUS investment across the Asia Pacific region. The Asia Natural Gas and Energy Association (ANGEA)…

2 years ago

NNPC, Aiteo JV Launches Nembe Crude Oil Grade in International Market

…As Export of Two 950,000 barrels Cargoes Commences The NNPC/Aiteo Joint venture has announced the introduction of Nembe Crude Oil…

2 years ago

<strong>DECHEMA and Constellar Launch South-East Asia’s First Dedicated Process Technology Trade Event</strong>

DECHEMA Ausstellungs-GmbH (DECHEMA Exhibitions), organiser of the tri-annual ACHEMA, world forum and leading show for the process industries, and Constellar,…

2 years ago

NNPCL WORKING WITH NEITI, OTHER STAKEHOLDERS TO RECONCILE NEITI’S 2021 REPORT

The Nigerian National Petroleum Company Limited (NNPC Ltd.) will continue to collaborate with the Nigeria Extractive Industries Transparency Initiative (NEITI)…

2 years ago

QatarEnergy, China’s Sinopec Sign 27-Year LNG Supply Agreement

QatarEnergy has announced the signing of a partnership agreement with China Petrochemical Corporation (Sinopec) for the North Field South (NFS)…

2 years ago

<strong>Al-Kaabi: Our partnerships with China echo solid shared commitments for a sustainable future</strong>

DOHA, Qatar – His Excellency Mr. Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs, the President and CEO…

2 years ago

Interview: ‘We are More Than a Service Provider Operating in Africa, Europe, and America – Faluyi, Offshore Dimension CEO

In this interview, The Energy Republic talks to Joan Faluyi, Managing Director of Offshore Dimensions Limited, about her company’s business…

2 years ago

<strong>Flowserve and Pleuger Industries Resolve Legal Differences Through a Client Focused Commercial Cooperation Agreement</strong>

Miami - Flowserve Corporation (NYSE: FLS) and Pleuger Industries GmbH are pleased to announce an early mutual resolution to all…

2 years ago

Sahara Group advocates market-based regime to develop gas sector in Africa

By Ndubuisi Micheal Obineme Sahara Group, a leading international energy and infrastructure conglomerate, has urged African governments and regulators to…

2 years ago

NAPE set to Hold 41st Annual International Conference and Exhibition, Largest Gathering of Geoscientists, E&P Operators

The Nigeria Association of Petroleum Explorationists (NAPE) is set to hold its 41st Annual International Conference and Exhibition (AICE), which…

2 years ago