Nigeria Seeks $60 Million in Climate Funding to Launch Green Energy Hubs The Federal Government has opened discussions with global financial institutions to secure over $60 million in climate financing for the development of pilot green energy hubs across the country. One of the flagship projects under consideration is a hybrid energy facility at a…
Nigeria’s Electricity Sector Records Improved Generation but Declining Commercial Efficiency in Q1 2025 — NERC Nigeria’s power sector recorded a boost in electricity generation in the first quarter of 2025, but key commercial performance indicators such as billing, collection, and overall efficiency worsened, the Nigerian Electricity Regulatory Commission (NERC) has revealed in its latest quarterly…
Industry Leaders Defend Local Content, Back NCDMB at NOG Energy Week At the NOG Energy Week held in Abuja, key figures in Nigeria’s oil and gas industry strongly defended the country’s local content policy, countering claims that it drives up operational costs. They warned that such criticisms threaten Nigeria’s industrial progress and commended the Nigerian…
Marketers Ignore Dangote’s Petrol Price Reduction, Maintain High Pump Rates Despite the recent reduction in ex-depot petrol prices by the Dangote Petroleum Refinery, many independent marketers have refused to lower their pump prices. They argue that doing so would lead to significant financial losses, especially since many of them are still selling off petrol purchased…
Seplat Energy Trains 50 Editors, Correspondents on Media Entrepreneurship in Lagos Seplat Energy Plc, foremost Nigerian independent energy Company, on the 25th and 26th June 2025, successfully trained 50 journalists covering the Capital Market, Judiciary, Finance and Business on Media Entrepreneurship. The training, which was organized by the Company in conjunction with ELOH Consulting Limited,…
Marketers Call for Government Funding to Establish CNG Centres The Independent Petroleum Marketers Association of Nigeria (IPMAN) is calling on the Federal Government to provide financial support for converting existing petrol stations into Compressed Natural Gas (CNG) refilling centres. The association believes that while the Presidential Compressed Natural Gas Initiative holds strong potential, it cannot…
JOB OPPORTUNITY: Operations Manager-Logistics – OPEC OPEC Industries : Chemistry, petrochemistry, raw materials, mining Distribution, selling, wholesale Electricity, water, gas, nuclear, energy Import-export business Services other Website : https://www.opec.org/ Company description: OPEC, or the Organization of the Petroleum Exporting Countries, is a permanent intergovernmental organization of 12 oil-exporting nations. Position : Operations Manager-Logistics – Lagos We are looking…
Chevron Increases LNG Offtake from Lake Charles to 3 MMtpa Chevron Corporation has expanded its long-term liquefied natural gas (LNG) commitment from Lake Charles LNG, agreeing to take an additional 1 million metric tons per annum (MMtpa) under a new agreement with Energy Transfer LP. This brings Chevron’s total contracted offtake from the Louisiana-based export…
NNPCL Expands CNG Network in Abuja, Ibadan, Abeokuta Amid Soaring Petrol Prices As petrol prices continue to rise, the Nigerian National Petroleum Company Limited (8-) has expanded its Compressed Natural Gas (CNG) refueling infrastructure by launching additional stations in Abuja, Ibadan, and Abeokuta. The company announced the development via its official X (formerly Twitter) handle,…
JOB OPPORTUNITY: Project Security Manager, Shell Where you fit in? Security risk management and functional support for Projects, Exploration and Development activities in SCIN. This includes robust contribution to the maturation, development and execution of the company’s opportunity and growth projects. Work closely with Project Directors, Project Managers, BOMs, GMs and the entire project community….
