Author: Daniel Terungwa

Gas Infrastructure: FG calls for Collaboration to Support existing Government Initiatives With critical gas infrastructure  such as the Ajaokuta-Kaduna-Kano (AKK) gas pipeline under construction, and the expansion of the Lagos-Escravos pipeline to Morocco and further to Europe, in pipeline, the Federal Government of Nigeria has called for collaboration to support existing government initiatives. The Minister…

Navy Uncovers Illegal Refinery with 2.7 Million Litre Capacity in Rivers State The Nigerian Navy Ship, NNS Pathfinder, has made a significant discovery in Bokokiri, Ke community, Degema Local Government Area of Rivers State, uncovering 15 illegal refining camps, each comprising six refineries. These clandestine operations possessed the capability to refine an astonishing 2.7 million…

Akwa Ibom Governor Advocates Collaboration with NDDC to Enhance Regional Development Akwa Ibom State Governor, Umo Eno, has called for enhanced collaboration with the Niger Delta Development Commission (NDDC) to expedite development in the oil-rich region. During a meeting with NDDC’s Governing Board chaired by Chiedu Ebie, Governor Eno underscored the state’s dedication to President…

NNPC and CBN intensifies collaboration to optimize financial operations. NNPC’s decision to centralize banking services with the CBN aims to enhance efficiency and transparency. This move reflects NNPC’s confidence in the CBN’s stability and reliability, fostering a conducive environment for growth in Nigeria’s energy sector. Key Developments  Streamlined Financial Operations Centralizing a significant portion of…

Exodus as TotalEnergies Follows Shell Out of Nigeria’s Onshore Oil Scene The departure of TotalEnergies from Nigeria’s onshore oil sector, following in the footsteps of Shell and other major oil companies, signals significant shifts in the country’s energy landscape. Here are some key implications and considerations: Challenges in the Onshore Oil Sector Safety, security, and…