OPEC Oil Output Rises Modestly in May Amid Compensation Constraints, Reuters Survey Reveals June 10, 2025 — Vienna, AustriaThe Organization of the Petroleum Exporting Countries (OPEC) marginally increased its oil production in May 2025, reflecting the alliance’s cautious approach to supply management amid ongoing commitments to compensate for previous overproduction. According to a comprehensive Reuters…
Power Boost for Borno: Shettima Commissions NDPHC Injection Substation at Borno State University Vice President Kashim Shettima has commissioned a 1×7.5MVA 33kV/11kV distribution injection substation at Borno State University, a project executed by the Niger Delta Power Holding Company (NDPHC) under its Distribution Intervention Projects initiative. The substation, inaugurated during the Eid festivities, is expected…
Nigerian Gas Leader Takes Continental Role in Global Energy Body Beijing, China — In a major boost to Nigeria’s standing in the global energy landscape, Mr. Akachukwu Nwokedi, President of the Nigerian Gas Association (NGA), has been appointed Africa Regional Coordinator of the International Gas Union (IGU). The announcement was made during the recently concluded…
World Environment Day 2025: Chevron Nigeria’s Ongoing Commitment to Environmental Protection Every year on June 5, the world comes together to observe World Environment Day (WED)—a global platform dedicated to raising awareness and driving action on pressing environmental challenges. Since its inception in 1973, WED has focused attention on issues such as marine pollution, climate…
NCDMB, NLNG Ramp Up Human Capital Development as $10bn Train 7 Project Nears Completion …140 Young Nigerians Begin Advanced Technical Training on Bonny Island As the Nigeria Liquefied Natural Gas (NLNG) Train 7 Project reaches an impressive 80% completion milestone, the Nigerian Content Development and Monitoring Board (NCDMB) and NLNG have ramped up efforts to…
NEITI Raises Alarm Over Abuse of FOI Act by Fake NGOs, Touts …Says Law Is Being Weaponized for Extortion; Calls for Reforms and Sanctions The Nigeria Extractive Industries Transparency Initiative (NEITI) has issued a strong warning over what it described as the dangerous misuse of Nigeria’s Freedom of Information (FOI) Act by faceless groups and…
FG Explores Alternative Financing to Address N2 Trillion Power Sector Debt …Pledges Sustainable Solution to GenCos’ Payment Woes, Eyes State Electricity Market Transition In a renewed bid to tackle the protracted financial crisis plaguing Nigeria’s power sector, the Federal Government has disclosed that it is actively exploring alternative funding mechanisms to address the estimated ₦2…
Oando Secures $375 Million Financing Deal to Deepen Upstream Investments and Accelerate Growth Lagos, Nigeria — June 5, 2025 — In a significant development for Nigeria’s oil and gas sector, Oando PLC, one of the country’s leading indigenous energy solutions companies, has announced the successful upsizing and refinancing of its Reserve Based Lending (RBL2) facility…
Namibia Sets the Stage to Become Africa’s Next Energy Powerhouse Windhoek, Namibia – The 3rd Namibia Oil and Gas Conference (NOGC 2025), themed “From Exploration to Action – Positioning Namibia as the Next Energy Frontier,” runs from 12–15 August in Windhoek. With Namibia emerging as a rising force in Africa’s energy landscape, the event is set…
ECOWAS President: Dangote Refinery can meet region’s petroleum needs Towering over the Lekki Free Zone on the edge of the Atlantic, the Dangote Petroleum Refinery is more than just a feat of engineering; it has become a symbol of ambition, vision, and industrial self-reliance for an entire continent. Now, that promise has been affirmed…
