Arbitration Underway as Green Energy, Lekoil Clarify Position on Contract Dispute Green Energy International Limited and Lekoil Nigeria Limited have issued a joint statement addressing recent media reports concerning an ongoing court matter linked to a commercial disagreement with a service provider. The companies clarified that the dispute stems from a contractual claim currently undergoing…
Remittance of 1% Nigerian Content Levy Still Mandatory – NCDMB -Access to Approvals, Services Dependent on Payment Certificate The Nigerian Content Development and Monitoring Board (NCDMB) on Tuesday reminded operators, contractors, and service companies in the upstream sector of the Nigerian oil and gas industry of their mandatory obligation to remit one percent (1%)…
Inside the 25,000MW Siemens Power Deal: Why It Matters for Nigeria’s Economic Future Nigeria’s electricity crisis has long been identified as one of the biggest constraints to its economic growth. With average available power hovering around 4,000 megawatts (MW) for over 200 million people, Africa’s fourth largest economy continues to struggle with unreliable supply, high…
Dangote Signs $400 Million Equipment Deal to Fast Track Refinery Expansion …to become number one construction company in the world Dangote Group has signed a $400 million construction equipment agreement with XCMG Construction Machinery Co., Ltd., one of China’s leading manufacturers of construction machinery, in a move set to accelerate the expansion of the Dangote…
SNEPCo MD Seeks Industry Collaboration to Grow Nigeria’s Oil and Gas Sector Nigeria can transform risks and complexities in the oil and gas industry to opportunities for growth and development if operators and regulators collaborate in a business environment that encourages transparency and governance discipline without late-stage fiscal or regulatory shocks. The remark was made…
The 23rd Annual Aret Adams Memorial Lecture Series Holds in Lagos The annual Aret Adams Memorial lecture, the 23rd in the series is slated to take place on the 27th of February, 2027 at the Muson Centre (Agip Recital Hall), Marina, Onikan, Lagos, by 11.00am prompt. The theme for this year’s lecture is tagged “The…
NDPHC Completes Insurance Risk Engineering Survey at Omotosho, Sapele Power Plants The Niger Delta Power Holding Company (NDPHC) has successfully completed the second phase of its 2026 Insurance Risk Engineering Survey at the Omotosho and Sapele Power Plants, marking another significant step in the company’s ongoing commitment to operational excellence, asset integrity, and risk mitigation…
Africa Must Integrate or Risk Marginalization: NGA President Calls for Regional Energy Cooperation at NIES 2026 The President of the Nigerian Gas Association (NGA) and Regional Coordinator for Africa of the International Gas Union (IGU), Akachukwu Nwokedi, has urged Africa to move decisively toward coordinated policy, shared infrastructure, and collective diplomacy to transform its vast…
NLNG Emerges Overall Champion at 20th Nigeria Oil and Gas Industry Games NLNG has been crowned Overall Champion and Best Sports Company at the 20th edition of the Nigeria Oil and Gas Industry Games (NOGIG), which ended, Saturday, in Abuja with a resounding display of athletic excellence and team spirit. Team NLNG topped the medal…
Energy Addition, Not Transition: Africa’s Gas Potential Takes Centre Stage Africa’s natural gas sector is entering a transformative phase, driven by rising global energy demand, expanding liquefied natural gas (LNG) investments, and major discoveries across the continent, according to Paul Eardley-Taylor, Gas Sector Lead at Standard Bank. Speaking at the 2026 Sub-Saharan Africa International Petroleum…