Nigeria to Roll Out Strategy for New Industrial Policy, Sets Stage for West Africa IMT Summit 2025 Lagos, Nigeria — The Federal Ministry of Industry, Trade and Investment (FMITI) has announced plans to launch a detailed implementation strategy for Nigeria’s new National Industrial Policy (NIP), a move aimed at driving economic transformation and positioning the…
Heirs Energies Sets Sights on Doubling Oil Output by 2030, Expands African Growth Ambitions Lagos, Nigeria — Heirs Energies Ltd. has unveiled bold plans to double its crude oil production over the next five years, projecting an increase from its current output of 50,000 barrels per day (BPD) to 110,000 BPD by 2030. The announcement…
Adighije: Milestones of the NDPHC Czar The Niger Delta Power Holding Company (NDPHC) has made remarkable progress under the leadership of Engr. Jennifer Adighije, its Managing Director/Chief Executive Officer. In just 12 months, the company has successfully added 625MW to Nigeria’s national grid, while laying the groundwork for sustainable reforms in the power sector. One…
Beyond Maritime Industry: How Dr. Chizoba Anyika Is Shaping Nigeria’s Energy Future In today’s world, leadership is no longer about expertise in a single field but about vision, versatility, and resilience. Few embody this more clearly than Dr. Chizoba Anyika, a dynamic force whose influence extends well beyond the maritime industry into Nigeria’s energy sector….
NCDMB, Coppercrux Empower South-South Youths on CNG Technologies and Green Energy Opportunities The Nigerian Content Development and Monitoring Board (NCDMB), in partnership with Coppercrux Limited, has kicked off a five-day Awareness and Capacity Building Workshop for youths in the South-South region. The training, which began on Monday at La Trinite Event Hall, Eliozu, Port Harcourt,…
Africa’s Refining Boom Opens $100B Investment Window by 2030 CAPE TOWN – Africa is on the cusp of a major refining transformation, with 1.2 million barrels per day (bpd) of new capacity expected to come online by 2030, according to the latest OPEC World Oil Outlook. This expansion — one of the fastest globally —…
Nigeria Strengthens Energy Partnerships at TICAD 9 in Japan YOKOHAMA, JAPAN – Nigeria has reaffirmed its commitment to forging stronger energy and infrastructure partnerships at the Ninth Tokyo International Conference on African Development (TICAD 9), held in Yokohama. President Bola Ahmed Tinubu led the Nigerian delegation at the summit, which featured high-level engagements with Japanese…
NNPC Ltd, Gas Suppliers Seal $1.29bscf/d Feedgas Agreements with NLNGOjulari Commends Tinubu’s Support for Nigeria’s Oil and Gas Sector ABUJA – In a landmark move for Nigeria’s energy sector, the Nigerian National Petroleum Company Limited (NNPC Ltd) and several upstream gas suppliers on Friday signed long-term Gas Supply Agreements (GSAs) with the Nigeria Liquefied Natural…
Angola’s Oil Output Falls Below 1 Million Barrels a Day for First Time Since OPEC Exit Angola’s crude oil production has fallen below 1 million barrels per day (bpd) for the first time in over two years, raising fresh concerns about the country’s ability to revive its struggling petroleum sector despite quitting OPEC to boost…
PETAN Honours SNEPCo MD Ronald Adams for Advancing Nigerian Content The Petroleum Technology Association of Nigeria (PETAN) has conferred an Award of Excellence on Ronald Adams, Managing Director of Shell Nigeria Exploration and Production Company Ltd (SNEPCo), in recognition of his contributions to deep-water production and support for Nigerian content development. The award was presented…
