NPA and NLNG Partner to Expand LNG Production and Boost Exports The Nigerian Ports Authority (NPA) has reaffirmed its commitment to supporting the Nigerian Liquefied Natural Gas (NLNG) company in enhancing LNG production and exports. This pledge was made by NPA’s Managing Director, Dr. Abubakar Dantsoho, during a meeting with NLNG Chief Executive Officer, Dr….
Savannah Energy Reports FY 2024 Trading Update on Nigerian Operations Savannah Energy PLC, a British independent energy company focused on delivering transformative projects, has released its unaudited FY 2024 trading update, spotlighting its operations in Nigeria and across Africa. Nigerian Operations Highlights Production and Revenue: Savannah’s Nigerian gross production averaged 23.1 Kboepd in 2024, close…
NLC Condemns FG’s N8bn Electricity Bill Sensitisation Fund as Misplaced and Wasteful The Nigerian Labour Congress (NLC) has criticised the Federal Government’s proposal to allocate N8 billion for a sensitisation campaign on electricity bill payments, describing it as an unnecessary and insensitive expenditure amid ongoing power sector challenges and economic hardships. The allocation, announced by…
President Tinubu Reaffirms Commitment to Peace, Justice, and Development in Ogoniland President Bola Ahmed Tinubu has pledged to prioritize peace, justice, and sustainable development in Ogoniland, vowing to address long-standing challenges and foster unity in the region. The President made this commitment during a meeting with Ogoni leaders at the State House in Abuja on…
Portugal Shifts LNG Imports to U.S. and Nigeria in Energy Independence Drive Portugal has announced plans to increase its liquefied natural gas (LNG) imports from the United States and Nigeria as part of a strategic move to phase out its minimal reliance on Russian energy supplies. The update was revealed by Portugal’s Environment Minister, Maria…
Tinubu Approves Inland Dry Ports in Ogun and Oyo States to Boost Economy and Ease Port Congestion In a groundbreaking move to revitalize Nigeria’s maritime sector and address the persistent congestion at Lagos ports, President Bola Ahmed Tinubu has approved the establishment of Inland Dry Ports (IDPs) in Ijebu-Ode, Ogun State, and Moniya, Oyo State….
Seplat Energy Strengthens Ties with Akwa Ibom State for Sustainable Development Seplat Energy Plc, a leading indigenous oil and gas producer in Nigeria, has reaffirmed its dedication to fostering sustainable development through a robust partnership with the Akwa Ibom State Government. During a courtesy visit to the State Governor, His Excellency Pastor Umo Eno, a…
Vandals Responsible for Buguma Wellhead Fire – NNPC Ltd The Nigerian National Petroleum Company Limited (NNPC Ltd) reports that the fire incident at its Buguma Wellhead 008, operated by its subsidiary, NNPC Eighteen Operating Ltd (NEOL), was directly caused by the activities of pipeline vandals attempting to compromise the Christmas Tree and steal crude oil….
Expert Urges Federal Government to Prioritize Security for Power Infrastructure Dr. Olukayode Akinrolabu, a power sector expert, has called on the Federal Government to enhance security measures for Nigeria’s power infrastructure to combat the rising incidence of vandalism. Akinrolabu, who serves as the Chairman of the Customer Consultative Forum for Festac/Satellite Town in Lagos…
PENGASSAN Highlights Concerns Over Nigeria’s N49 Trillion Budget, Advocates Economic and Energy Reforms The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) raised critical concerns regarding Nigeria’s economic and energy sectors during its National Executive Council (NEC) meeting in Lagos. Budget of N49 Trillion: Grossly Inadequate Speaking to journalists, PENGASSAN President Comrade Festus…
