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…
Asharami Energy Reaffirms Commitment to Local Capacity Development and Sustainable Growth Asharami Energy, a Sahara Group Upstream Company, has reiterated its dedication to driving inclusive growth and boosting local content development across Nigeria’s energy sector through strategic investments, responsible operations, and strong stakeholder collaboration. At the 5th edition of the Nigerian Oil and Gas Opportunity…
At Access Bank GLS, Minister Tunji-Ojo Champions Purpose-Driven Leadership and Reform Hon. Dr. Olubunmi Tunji-Ojo, Nigeria’s Minister of Interior, delivered a powerful keynote address at the Access Bank Guest Lecture Series (GLS) on Friday, held at the bank’s headquarters in Victoria Island, Lagos. Speaking under the theme “Dare to Dream, Dare to Innovate,” the Minister…
Oil Prices Slip Amid Supply Concerns and OPEC+ Outlook Oil prices dropped by around 1.5% on Tuesday as concerns over a potential supply glut surfaced following partial progress in nuclear talks between Iranian and U.S. delegations and expectations that OPEC+ may boost production later this week. By 14:57 GMT, Brent crude futures fell 99 cents,…
Energy, Justice, Security, and the PIA: Key Takeaways from the CPI Oil and Gas Law Forum The Centre for Petroleum Information (CPI), Nigeria’s foremost energy think tank, recently hosted its highly anticipated Oil and Gas Law Forum, spotlighting the theme: “Energy Justice, Energy Security, and the Petroleum Industry Act (PIA) 2021.” The forum attracted key…