Renaissance Africa Scoops Energy Deal of the Year at NIES 2026 for $2.4B Shell Acquisition Renaissance Africa Energy Company has been named the winner of the Energy Deal of the Year for 2025 at the Nigeria International Energy Summit (NIES) 2026 awards, held in Abuja. The accolade recognises the company’s landmark $2.4 billion acquisition of…
MEMAN Chairman Calls for Competition and Transparency to Strengthen Nigeria’s Downstream Sector At the Nigeria International Energy Summit (NIES), industry stakeholders highlighted persistent challenges in Nigeria’s downstream sector, including regulatory hurdles and operational inefficiencies that have affected both operators and public perception. Speaking at a panel on the downstream industry, the Chairman of the Major…
NNPC Seeks Experienced Technical Partners to Deliver Sustainable Refinery Turnaround The Group Chief Executive Officer of NNPC Ltd, Engr. Bashir Bayo Ojulari, has revealed that the national oil company is engaging technical partners with proven expertise in refining and petrochemical operations as part of efforts to reposition Nigeria’s refineries for sustainable performance and profitability. Ojulari…
NDPHC, KAEDCO Strengthen Collaboration to Improve Electricity Delivery in Kaduna The Niger Delta Power Holding Company (NDPHC) and Kaduna Electricity Distribution Company (KAEDCO) have reaffirmed their commitment to enhancing electricity supply across Kaduna State through stronger operational collaboration. As part of this effort, KAEDCO Chairman, Mr. Aminu Suleiman, and the company’s Managing Director, Dr. Umar…
Aradel Holdings Clinches Integrated Operator Honour at NIES 2026 Aradel Holdings Plc has been honoured with the Best Full-Field Integrated Operator Award at the 9th Nigeria International Energy Summit (NIES 2026), organised by the Federal Ministry of Petroleum Resources. The award recognises energy companies whose activities cut across upstream production, midstream infrastructure development, and downstream…
Dangote Refinery Denies Importing Finished Fuel, Says Operations Meet Global Standards Dangote Petroleum Refinery and Petrochemicals (DPRP) has dismissed claims that it imports finished petroleum products, describing the allegations as inaccurate and based on a misunderstanding of how modern refineries operate. The company explained that, as a large-scale merchant refinery, it refines crude oil and…
Esso Urges Stronger Project Competitiveness to Unlock Global Energy Investments Esso Exploration and Production Nigeria Limited (an ExxonMobil affiliate) has emphasized the need for stronger collaboration among stakeholders to improve the competitiveness of Nigeria’s oil and gas projects in order to attract global investment capital. Speaking during the Upstream Leadership Dialogue at the Nigeria International…
NUPRC Emphasises Technical, Financial Strength in 2025 Licensing Round The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has clarified that only companies with strong technical and financial capacity will advance in the ongoing 2025 oil and gas licensing round, as interest builds around the 50 blocks currently on offer. Speaking at the 2025 licensing round pre-bid…
Standard Bank Seals $250m Financing to Power Aradel Energy’s Expansion Standard Bank has reached financial close on a landmark $250 million financing facility for Aradel Energy Limited, marking a major boost to the Nigerian indigenous oil and gas company’s growth strategy. The transaction was executed through Stanbic IBTC Capital Limited, Stanbic IBTC Bank Limited, and…
Chevron Nigeria Honored for Outstanding Corporate Social Responsibility at NIES 2026 Chevron Nigeria Limited has been recognized for its exceptional Corporate Social Responsibility (CSR) initiatives, receiving a prestigious award during the 2026 Nigeria International Energy Summit (NIES) held at the State House, Aso Villa, Abuja on Tuesday, February 3, 2026. The award was presented by…
