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EU, Germany Launch Support for Nigeria’s Renewable Energy Development

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The European Union and Germany are supporting a new scholarship programme on solar energy and energy efficiency, targeting over 185 participants in Nigeria. The programme,...

OPEC commends Nigeria, others for contributing towards oil market rebalancing

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Peace Obi The Organization of Petroleum Exporting Countries, OPEC has commended the effort Nigeria and some other African countries have put up helping to stabilize...

Exxon Mobil not exiting Nigeria – Kachikwu

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Kenechukwu Obiajuru, Yenagoa The Minister of State for Petroleum, Dr Emmanuel Ibe Kachikwu has denied the knowledge about any plan by Exxon Mobil, operators of...

ExxonMobil divests from Nigeria

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…puts on sale oil and gas fields worth $3bn Chibisi Ohakah, Abuja The oil and gas industry in Nigeria was rattled yesterday as world largest oil...

Chevron Reinforces its Commitment to Socio-Economic Development of Nigeria

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 The Nigerian National Petroleum Corporation (“NNPC”) and Chevron Nigeria Limited (“CNL”) have signed a Gas Sale and Aggregation Agreement (“GSAA”) with Dangote Fertilizer Limited...

Nigeria & China to lead global refining industry – report

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By Chibisi Ohakah An expert report has predicted that Nigeria and China would become major contributors to the global refining industry capacity growth from planned...
PORT HARCOURT REFINERY

Nigeria to seek technical assistance from India on refineries repair.

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The Nigerian National Petroleum Corporation, NNPC has indicated that Nigeria would need India's technical assistance in the repairs of the country's  refineries.  The Group Managing Director...

Ambitious oil pricing will rupture Nigeria 2019 budget – ICAN

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Chibisi Ohakah, Abuja The Institute of Chartered Accountants of Nigeria (ICAN) has said that whereas the projections for crude oil price and production as captured...
Less Than 40% of Nigeria’s Oil Pipelines Operational – NNPC

NNPC, Nigeria Police in fresh pact to protect oil pipelines

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Chibisi Ohakah, Abuja Nigerian National Petroleum Corporation (NNPC) has announced the collaboration with the Nigeria Police towards combating the perennial menace of oil theft and...

NNPC, others yet to remit $22.06bn, N481.75bn to Federation Account

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The Nigerian National Petroleum Corporation (NNPC) and its subsidiary, Nigerian Petroleum Development Company (NPDC) and other companies in the oil and gas sector have...

Why Nigeria will remain an important player in global oil market...

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Nigeria’s representative in Organization of Petroleum Exporting Countries (OPEC), Mele Kyari, has said the country cannot be ignored in the global oil market due...
Solar and Wind Reach 67% of New Power Capacity Added Globally in 2019, while Fossil Fuels Slide to 25%

“Nigerians are eager to switch to more-effective alternatives”

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Oge Obi As the awareness on alternative energy increases in the country, Nigerians are beginning to show strong interest to switch over to better and...

Nigeria will be great again, FG assures

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The Federal Government on Sunday assured that Nigeria would be great again, adding that the country was set for a season of prosperity and...

Pirates Kidnap Ship’s Crew In Nigeria, Destroys Communications Equipment

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Pirates have kidnapped 12 crew members from a Swiss cargo vessel in Nigerian waters. Massoel Shipping said its vessel, MV Glarus, was carrying wheat from...
NLPGA to partner regulatory agencies on safety as DPR probes Lagos gas explosion

NLPGA to partner regulatory agencies on safety as DPR probes Lagos...

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The Nigeria Liquefied Petroleum Gas Association (NLPGA), the umbrella body for the LPG industry in Nigeria, is collaborating with government regulatory agencies to prevent...
NIPS 2018: Products pricing, Nigeria’s greater challenge – Kachikwu

Nigeria not joining OPEC oil cap anytime soon

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Indications are that Nigeria may not be joining the Organisation of the Petroleum Exporting Countries, OPEC’s oil output cap anytime soon as data obtained...
EU pledges €25 million for solar power projects in Nigeria

EU pledges €25 million for solar power projects in Nigeria

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  The European Union has pledged to support the expansion of Nigeria’s power transmission infrastructure with a grant of €25m (N7.6bn at the official exchange...
US to Assist Nigeria Develop New Technologies in Oil Production

Africa Oil Week 2017: US to Assist Nigeria Develop New Technologies...

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*Expresses willingness to encourage more investments in Nigeria The United States has offered to help Nigeria develop her skills in new technologies that could help...
Amadou Hott, vice-president for power, energy, climate change and green growth at AfDB

AfDB strongly supports Nigerian Government’s economic recovery plan

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The African Development Bank wishes to categorically refute the statement that it has "called off loans to Nigeria", as reported in Reuters and credited...
Southeast Deserves Three Container Ports , Oduah

Southeast Deserves Three Container Ports, Oduah

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Oge Obi The former Minister of Aviation, Senator Stella Oduah has said that the southeastern part of the country would requires a minimum of three...