business

Aradel targets 16,000 barrels Oil Production per day by Q4 2023

By Ndubuisi Micheal Obineme Aradel, a fully integrated Nigerian energy company, has said it is targeting 16,000 barrels per day…

2 years ago

British IKAR Holdings, WCT Group Signs Agreement With German AE Solar

IKAR Holdings, a London based multi-tiered entrepreneurial group, and its strategic partner- international investment group WCT-, signed an agreement with…

2 years ago

Greenville launches first-ever Liquefied Compressed Natural Gas station in Kaduna State

By Ndubuisi Micheal Obineme Greenville LNG has launched Nigeria's first-ever Liquefied Compressed Natural Gas (L-CNG) station in Kaduna State. The…

2 years ago

Oil theft: 149 incidents recorded across Niger Delta in one week – NNPCL

Across the Niger Delta, the war on crude oil theft is on and the industry-wide security collaboration continues to record…

2 years ago

FX crisis, distribution hiccups driving up petrol price – Rainoil

…says Sanctity of the contract is another issue bedeviling the industry and hampering investors By Ndubuisi Micheal Obineme Worried about…

2 years ago

Full Market Deregulation will Boost Economic Development, Eliminate Energy Supply Deficiencies – Farouk

By Ndubuisi Micheal Obineme The Authority Chief Executive of Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Engr. Ahmed Farouk,…

2 years ago

OTL Provides Opportunity to Forge New Partnerships, Showcase Brands, Align Operations to Suit Emerging Industry Trends – Oyebanji

By Ndubuisi Micheal Obineme “This year’s event welcomes a strong presence of the industry, understandably so in these blended times…

2 years ago

EU Plans to Increase LNG Imports from Nigeria

...as European Union delegation paid a working visit to NLNG's facilities in Bonny Island, River State. By Ndubuisi Micheal Obineme…

2 years ago

Namibia gears up for five oil drilling projects in 2024

By Ndubuisi Micheal Obineme Five oil drilling projects are set to commence in Namibia next year, the Ministry of Mines…

2 years ago

Drilling Campaign, Deepwater Projects To Drive Nigerian Oil and Gas Production Growth In 2023 – 2030

By Ndubuisi Micheal Obineme Latest analysis from Westwood Global Energy Group (Westwood), the specialist market research and consultancy firm, has…

2 years ago

Petroleum Industry to meet in OTL Africa Downstream Energy Week From 23 – 26, October 2023

The downstream petroleum and gas value chain will converge in Lagos from 23rd to 26th October for the 17th edition…

2 years ago

NNPCL Appoints Olufemi Soneye as Chief Corporate Communications Officer

The Nigerian National Petroleum Company Limited (NNPCL) has officially announced the appointment of Olufemi Oladapo Soneye as its Chief Corporate…

2 years ago

The Gambia Signs Agreement on Hydrogen Exploration in MSGBC Countries

The Gambia’s Ministry of Petroleum and Energy, and H2 Gambia Limited – a subsidiary of HydroGenesis – have inked an…

2 years ago

Local Content is Africa’s Route to Economic Development – Wabote

African nations seeking to achieve economic prosperity must develop local capabilities to process, utilize, and export their resources as a…

2 years ago

WIEN requests Tinubu to embrace gender diversity, inclusion

Foremost gender advocacy group in the energy industry, Women in Energy Network (WIEN), has requested President Bola Ahmed Tinubu to…

2 years ago

Oando Boss Calls for Regional Cooperation for a Just Energy Transition

At the recently concluded Africa Oil Week, in Cape Town, South Africa , Chief Operating Officer, Oando Energy Resources, Dr.…

2 years ago

Adelabu Calls for Improved Public-Private Sector Synergy to Address Critical Challenges in Power Sector

…urges energy correspondents on transparent reportage about the Nigerian power sector. By Ndubuisi Micheal Obineme Nigeria’s Minister of Power, Adebayo…

2 years ago

Abia State Seek Investors for Oil, Gas Project Development

...government to provide over 100 hectares of land for construction of modular refineries, petrochemical plants The Abia State Government has…

2 years ago

PIA Most Audacious Attempt To Overhaul Oil and Gas Industry says Busayo Fabunmi, GM Operations, Asiko Energy

… Affirms Asiko’s great investment and expansion into CNG, LNG Gas Stations The Petroleum Act (PIA) 2021 has been described…

2 years ago

Germany set to host 10th German-Nigeria Business Forum in November 2023

As part of commitment to strengthen the bilateral relations between the two countries, Germany is set to host this year's…

2 years ago

The State of Global LNG Industry: Analyses, Project Developments, Outlook

By Ndubuisi Micheal Obineme The global energy crisis has shown the significance of adopting a diversified energy system across the…

2 years ago

First Speakers announced for the 2nd Annual Assembly and International Conference of The Welding Federation

The first series of speakers has been announced for The Welding Federation’s 2nd Annual Assembly and International Conference (TWF Assembly…

2 years ago

QatarEnergy and TotalEnergies sign a 27-year LNG supply agreement for up to 3.5 MTPA to France

DOHA, Qatar – Affiliates of QatarEnergy and TotalEnergies signed two long-term LNG sale and purchase agreements (SPAs) for the supply…

2 years ago

NGA Calls for PIA Review to Address Urgent Gas Sector Challenges

Lagos Nigeria — The Nigerian Gas Association (NGA) has called for an immediate and critical review of the Petroleum Industry…

2 years ago

Nigeria Will Become ‘Net Exporter’ of Petroleum Products by 2024 – NNPCL

By Ndubuisi Micheal Obineme The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari, says…

2 years ago

NNPC Debunk Reports of Awarding Pipeline Control Contracts to Cabals

The Nigerian National Petroleum Company Limited (NNPCL) has debunked recent media reports disclosing the awarding of pipeline contracts to a…

2 years ago

Nigeria Needs $25bn Annually To Achieve 4mb/d Oil Output, 3bcf/d Domestic Gas Production – Avuru

…says Nigeria needs to reconstruct its energy transition agenda, prioritize energy security, and optimize the value of its oil and…

2 years ago

“Over 40% of Our Executive Leadership Team Are women” – HEOSL’s CEO

These are indeed the best of times for women Petrotechs and allied professions as Ado Oseragbaje, the Chief Executive Officer…

2 years ago

NUPRC Introduces ‘Advanced Cargo Declaration’ to Tackle Oil Theft

...as it plans to reactivate dormant oil wells to boost production By Ndubuisi Micheal Obineme As part of efforts to…

2 years ago

Qatar’s Amir Al Thani Lays the Foundation Stone for the North Field Expansion Project

...a unique global project that will raise Qatar's LNG production capacity to 126 MTPA DOHA, Qatar – His Highness Sheikh…

2 years ago