KEY POINTS Joachim Adeyemi, a Lagos resident, has been left on estimated electricity billing for two months after reporting a faulty meter to Ikeja Electric. Instead of replacing the outdated …
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KEY POINTS The Trans-Saharan Gas Pipeline (TSGP) project is gaining momentum after Algeria, Nigeria, and Niger reaffirmed their commitment to the 2024 gas agreements and are accelerating construction. Officials recently …
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KEY POINTS Former Vice President Atiku Abubakar has argued that the Nigerian National Petroleum Company Limited’s (NNPCL) admission that reopening the Port Harcourt Refinery is a waste of resources validates …
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In the NewsOil & Gas
NUPRC, NNPC Pledge Deeper Partnership to Cut Costs and Improve Efficiency in Oil and Gas Sector
KEY POINTS The Nigerian Upstream Petroleum Regulatory Commission, NUPRC, and the Nigerian National Petroleum Company Limited, (NNPC) have agreed to strengthen collaboration to enhance operational efficiency across Nigeria’s oil and …
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KEY POINTS Bayo Ojulari, Chief Executive Officer of the Nigerian National Petroleum Company, NNPC, Limited, has attributed the persistent failure of Nigeria’s state-owned refineries to an overemphasis on financing and …
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In the NewsOil & Gas
NNPC in Talks with Chinese Petrochemical Giant to Revive State-Owned Refineries
KEY POINTS Nigeria’s domestic refining capacity may soon receive a significant boost as the Nigerian National Petroleum Company Limited, NNPC, begins discussions with a major Chinese petrochemical firm over the …
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In the NewsOil & Gas
Tinubu’s Undisclosed Incentives for Shell’s Bonga South-West Project Stir Industry Speculation
KEY POINTS President Bola Tinubu’s approval to gazette targeted, investment-linked incentives for Shell’s Bonga South-West (BSW) deep-offshore oil project has generated strong interest across Nigeria’s energy industry, even as key …
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In the NewsOil & Gas
Petrol Could Approach N1,000/Litre If Marketers Choose Costly Coastal Logistics — Dangote Refinery
KEY POINTS Dangote Refinery has cautioned that petrol prices in Nigeria could rise close to N1,000 per litre if fuel marketers rely heavily on coastal shipping for product evacuation and …
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In the NewsOil & Gas
Oil Marketers Ask FCCPC to Probe Dangote Refinery Over Alleged Anti-Competitive Pricing
KEY POINTS A group of Nigerian downstream oil marketers has petitioned the Federal Competition and Consumer Protection Commission, FCCPC, seeking an investigation into what they describe as anti-competitive and market-distorting …
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KEY POINTS Oil Merchant, Chevron Corporation has announced plans to advance a significant natural gas development following the signing of a unitisation agreement that allows for coordinated exploitation of shared …