Nigeria at 64 – Chevron Nigeria’s Partnership with Nigeria for socio-economic development As Nigeria celebrates her 64th independence anniversary, Chevron is proud of its partnerships and role in developing its natural resources. In over six decades of operation, Chevron Nigeria has continued to make significant investments in the country that support social and economic development….
Refineries Need a Competitive Regulatory Framework Market: Farouk At the Crude Oil Refinery Owners Association of Nigeria (CORAN) summit held in Lagos, the Authority Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Farouk Ahmed, emphasized the crucial role refineries play in Nigeria’s energy sector. He stressed the importance of a well-structured…
Nigeria’s Refining Potential: Dangote Highlights Emerging Opportunities At the Crude Oil Refinery Owners Association of Nigeria (CORAN) summit in Lagos, Aliko Dangote, represented by Mansur Ahmed, Advisor to the President/CEO of Dangote Industries Limited, emphasized Nigeria’s transformative journey from being a net importer of petroleum products to becoming a key global player in refining and…
Minister Lokpobiri Clarifies NNPCL Refinery Operations, Refutes Claims on Refinery Mandate Sen. Heineken Lokpobiri, Minister of State for Petroleum Resources (Oil), has refuted claims made by Engr. Kamoru Busari, Director of Upstream in the Ministry, during a recent conference in Lagos. Busari had suggested that the Minister directed the Nigerian National Petroleum Company Limited (NNPCL)…
Nigeria Energy Exhibition & Conference 2024 to Boost Clean Energy Transition in West Africa The 11th edition of the Nigeria Energy Exhibition and Conference, scheduled to take place from October 15-17, 2024, at the Landmark Center in Lagos, will bring together key players in the energy sector to address West Africa’s growing energy challenges. Endorsed…
Sanwo-Olu Lauds CORAN for Advancing Domestic Refining and Building Strategic Energy Partnerships Lagos State Governor Babajide Olusola Sanwo-Olu has praised the Crude Oil Refinery Owners Association of Nigeria (CORAN) for its efforts in promoting domestic oil refining and fostering collaborations within the energy sector. Represented by the Commissioner for Energy Resources, Bolaji Ogunleye, the Governor…
NCDMB: Presidential Directives on Nigerian Content Have Shortened Contracting Cycle, Eliminated Middlemen The Nigerian Content Development and Monitoring Board (NCDMB) announced on Monday that it has successfully removed middlemen from the oil and gas industry’s value chain and shortened the contracting cycle to just six months. This development follows the implementation of three Presidential Directives…
Gas-Driven Industrialization Will Create Millions of Jobs, Boost SME Growth – Ed Ubong Ed Ubong, the Coordinator of Nigeria’s Decade of Gas Initiative, has emphasized the transformative potential of a gas-driven economy, highlighting how it could create millions of jobs, support the growth of small and medium-sized enterprises (SMEs), and stabilize the country’s economy. He…
Nigeria Needs Strong Policy Frameworks, Gas Infrastructure to Secure Energy Future – Rainoil GMD Ogbechie Dr. Gabriel Ogbechie, Group Managing Director of Rainoil Limited, has called for significant investments in gas infrastructure and robust policy frameworks to secure Nigeria’s energy future and attract high-quality investment into the sector. He emphasized that scaling up cleaner energy…
Why Dangote Refinery May Not Lead to Fuel Price Reduction in Nigeria – Pinnacle Oil CEO Despite hopes that the Dangote Refinery will significantly reduce fuel prices in Nigeria, Robert Dickerman, CEO of Pinnacle Oil and Gas Limited, has cautioned that such expectations may be unrealistic. He attributes the persistent high cost of fuel to…
