NNPC-CNL Joint Venture Achieves Success with Meji NW-1 Well Drilling Western Niger Delta, Nigeria – The NNPC Limited – Chevron Nigeria Limited Joint Venture (NNPC-CNL JV) has announced a significant near-field discovery following the successful drilling of the Meji NW-1 well in Petroleum Mining Lease (PML) 49, situated in the shallow offshore region of the…
Egbin Power Advocates for Stakeholder Collaboration to Boost Nigeria’s Energy Security Egbin Power, the largest power generation company in Nigeria, has highlighted the necessity of collaboration among stakeholders in the energy sector as a key driver for the country’s socio-economic growth and energy security. This call for partnership was made by Egbin Power’s CEO, Mokhtar…
NAPE Holds 42nd Annual International Conference and Exhibition The Nigeria Association of Petroleum Explorationists (NAPE) is elated to announce that its 42nd Annual International Conference and Exhibition (AICE), which is perhaps the largest gathering of earth scientists and other stakeholders in the oil and gas space in Sub Saharan Africa is set to take place…
PCNGI Urges Compliance After Explosion at Edo CNG Station The Presidential CNG Initiative (PCNGI) has raised concerns over an explosion at the NIPCO CNG Station in Ikpoba Hill, Benin City, Edo State, which involved a CNG-powered vehicle and left three people injured. The incident occurred on Wednesday and has been described as preventable by PCNGI….
Oil-Producing States Get N90.415 Billion as FG, States, and LGCs Share N1.289 Trillion Allocation In its October 2024 meeting, the Federation Account Allocation Committee (FAAC), led by the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, distributed N1.298 trillion among the federal, state, and local governments as allocation for September 2024. The…
Shell’s Osagie Okunbor expresses optimism on Nigeria’s Oil and Gas future at Economic Summit Managing Director of Shell Petroleum Development Company Limited (SPDC) and Chairman of Shell Companies in Nigeria, Osagie Okunbor, shared an optimistic outlook on the future of Nigeria’s oil and gas industry during a panel session at the just concluded Nigeria Economic…
Access Bank Reinforces Commitment to Combating Drug Trafficking and Money Laundering Access Bank PLC has strengthened its partnership with the National Drug Law Enforcement Agency (NDLEA) in the fight against illicit drug trafficking and money laundering. The bank’s Group Chief Executive Officer/Managing Director, Roosevelt Ogbonna, and Group Chief Conduct and Compliance Officer, Femi Jaiyeola, were…
Decentralized Power: A Key to Nigeria’s Energy Future Governor Babajide Sanwo-Olu of Lagos State emphasized the importance of decentralizing the power sector in Nigeria to achieve a more sustainable and reliable energy future. Speaking at the Nigeria Energy Leadership Summit, Governor Sanwo-Olu highlighted the need to break free from the limitations of centralized power generation…
Nigeria Energy Leadership Summit Highlights Collaborative Efforts for Sustainable Power The Nigeria Energy Leadership Summit, a key component of the Nigeria Energy Exhibition and Conference 2024, concluded with a strong focus on collaborative efforts to achieve sustainable energy security in Nigeria. Ministerial Opening Address The summit was inaugurated by Chief Adebayo Adelabu, Honorable Minister of…
Heirs Energies Advocates for Innovative Financing and Collaboration to Drive Nigeria’s Energy Transition Samuel Nwanze, Executive Director and Chief Financial Officer of Heirs Energies, has urged for innovative financing mechanisms and strategic collaboration to accelerate Nigeria’s transition to renewable energy. Speaking at the Nigeria Energy Leadership Summit, Nwanze emphasized the importance of tailored financial solutions…
