Nigeria Must Boost Oil Production Alongside Refining to Unlock Energy Potential – Lokpobiri HOUSTON, TEXAS — Nigeria’s Minister of State for Petroleum Resources, Senator Heineken Lokpobiri, has underscored the critical need to scale up crude oil production in tandem with expanding domestic refining capacity, as part of a broader strategy to drive energy security and…
Shell Faces Production Setback at Perdido Hub in U.S. Gulf HOUSTON — Shell’s ambitions to boost output from its deepwater Perdido development in the U.S. Gulf of Mexico have hit a delay, as two of three new wells at the Great White field will not come online until the end of 2025, the company confirmed…
Illegal Refinery Uncovered in Anambra Forest by Joint Security Team AWKA, ANAMBRA — A joint operation by the Nigeria Security and Civil Defence Corps (NSCDC), Nigerian Navy, and Nigerian Army has uncovered a large illegal crude oil refinery hidden in the dense forests of Awka North Local Government Area, Anambra State. The covert site, reportedly…
Over 1,000 Delegates Expected at NOGOF 2025 in Yenagoa YENAGOA, BAYELSA — The Nigerian Content Development and Monitoring Board (NCDMB) is set to host over 1,000 delegates at the 5th edition of the Nigerian Oil and Gas Opportunity Fair (NOGOF 2025), scheduled for May 20–22, 2025, at the Nigerian Content Tower in Yenagoa, Bayelsa State….
Turkey Secures Dominant Stake in East Africa Oil Bonanza Amid Controversial Somalia Deal Turkey has made a landmark oil discovery in East Africa, revealing that two of the three exploration blocks it operates in the region have uncovered significant, commercially viable crude oil reserves. With an estimated potential of up to 20 billion barrels, the…
Africa Must Unite to End Energy Poverty, Says Lokpobiri at OTC 2025 …$19 Billion African Energy Bank to Launch This Quarter …PETAN Showcases Africa’s Growing Global Energy Role At the 2025 Offshore Technology Conference (OTC) in Houston, Texas, US, Nigeria’s Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, called on African countries to…
NEITI Charts New Course for Energy Transition The Nigeria Extractive Industries Transparency Initiative (NEITI) has launched a weeklong strategic retreat and board meeting in Umuahia, Abia State, aimed at reviewing its national energy transition strategy, deepening reform efforts, and strengthening partnerships with state governments to improve natural resource governance and boost domestic revenue. Supported by…
Rivers State Teaching Hospital ICU Gets Boost from Renaissance Africa Energy and Partners Renaissance Africa Energy Company Limited, in partnership with the Nigerian National Petroleum Company Limited (NNPC) and other joint venture stakeholders, has reaffirmed its commitment to improving healthcare in its host communities with a significant donation to the Rivers State University Teaching Hospital…
Electricity Consumers Owe DisCos N54bn in February — NERC Despite ongoing efforts to stabilise Nigeria’s electricity sector, power distribution companies (DisCos) were left grappling with a revenue shortfall of ₦54 billion in February 2025, according to data released by the Nigerian Electricity Regulatory Commission (NERC). In its latest Factsheet for February, NERC revealed that…
PCNGI Vows Legal Action Over Alleged Smear Campaign, Reaffirms Integrity The Presidential Compressed Natural Gas Initiative (PCNGI) has strongly condemned what it calls a “sponsored smear campaign” aimed at discrediting its operations, warning that it will take legal action to defend its integrity. In an official statement released by Kenechukwu Chukwu, the Initiative’s Technical Adviser…