Nigeria’s oil industry is witnessing a significant transformation, addressing ongoing infrastructural deficits with innovative solutions. Aiteo, Nigeria’s top independent oil producer, is spearheading this change with strategies poised to redefine …
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Energy TransitionIn the News
Coalition Defends NNPCL Amid Unfounded Criticism, Upholds Good Governance
The Coalition for Good Governance and Open Leadership in Nigeria, a notable non-governmental organization, staunchly defended the Nigerian National Petroleum Company Ltd (NNPCL) against unfounded criticisms, as reported by The …
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In a significant leap towards rural electrification, the Rural Electrification Agency (REA) has formed a strategic partnership with the Africa Mini-grid Developers Association (AMDA). The groundbreaking Memorandum of Understanding, signed …
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In an impressive rebound, Nigeria’s electricity distribution companies, known as DisCos, have improved their revenue collection strategies. They have significantly reduced losses in diverse operational areas. The National Electricity Regulatory …
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Energy TransitionIn the NewsMarkets
Heirs Energies: Pioneering Sustainable Solutions in Africa’s Energy Sector
Embracing a Sustainable FutureHeirs Holdings Oil & Gas Limited, a key player in Africa’s energy scene, has rebranded to Heirs Energies Limited, a strategic move signaling its commitment to innovative …
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In a significant move, Qatar has extended its long-term gas supply to Europe by securing a substantial deal with the Netherlands. The agreement entails providing 3.5 million metric tons of …
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The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) escalated its regulatory enforcement last Friday, shutting down four filling stations in Cross River State due to non-compliance and operational malpractices. …
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The Shell Petroleum Development Company (SPDC) confirmed an October 3 oil spill at its Peremabiri flow station in Bayelsa State. This leakage has extensively damaged numerous farmlands and the marine …
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Uganda is set to reveal its energy transition plan at the upcoming 28th United Nations Climate Change Conference (COP28) in the United Arab Emirates. The ambitious strategy aims for carbon …
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GovernmentIn the News
Nigeria’s Petroleum Minister Advocates for Nigerian Content to Fulfill Renewed Hope Agenda
Lagos, October 12, 2023 – Senator Heineken Lokpobiri, Nigeria’s Minister of State for Petroleum Resources, emphasized the importance of executing the Nigerian Oil and Gas Industry Content Development (NOGICD) Act …