Lokpobiri: Nigeria’s Refining Expansion to Power West Africa’s Energy Security Nigeria’s Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, says the country’s growing refining capacity will position it as West Africa’s main supplier of petroleum products and reduce the region’s dependence on imports. Delivering the keynote address at the CORAN Summit in Lagos,…
CORAN Chair: Africa’s Energy Security Lies in Local Refining Africa’s long-term energy security depends on its ability to refine crude oil locally, the Chairman of the Crude Oil Refinery Owners Association of Nigeria (CORAN), Mr. Momoh Jimah Oyarekhua, has declared. Speaking at the CORAN Summit themed “Refining: Key to Energy Security in Africa,” Oyarekhua said…
NUPRC at Four: A Measured Journey of Reform, Resilience, and Regulatory Maturity The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has marked its fourth anniversary with a comprehensive performance report that highlights key achievements in rig activity, investment attraction, and governance reforms — a clear sign of maturing regulatory oversight and institutional growth. Since the enactment…
Eko DisCo Registers Excel Electricity Distribution Company as 100% Subsidiary By Yunus Yusuf Eko Electricity Distribution Company Plc (EKEDC), popularly known as Eko DisCo, has officially registered Excel Electricity Distribution Company Limited as a wholly-owned subsidiary to oversee its electricity distribution operations within Lagos State. In a statement issued on Tuesday by Mr. Babatunde Lasaki,…
MOMAS Group Chairman Launches Landmark Artificial Intelligence and Digital Engineering College in Nigeria In a historic stride toward advancing technological education and innovation in Nigeria, Engr. (Dr.) Kola Balogun, Chairman of MOMAS Group, has officially unveiled the Kola Balogun College of Artificial Intelligence and Digital Engineering (KBCOAIDE) — a cutting-edge institution focused on Artificial Intelligence,…
Nigeria Emerges as Key Crude Supplier to Senegal’s Dakar Refinery Nigeria has become the main supplier of crude oil to Senegal’s only refinery, the 30,000-barrels-per-day (bpd) Dakar Refinery, even as Senegal joins the ranks of oil-producing nations. A new report by energy analytics firm Kpler revealed that Senegal began producing oil in mid-2024 from the…
PENGASSAN Strike Slashes Nigeria’s Oil Output by 16%, Causes Major Revenue Losses – NNPCL Nigeria’s energy sector suffered a significant setback as the Nigerian National Petroleum Company Limited (NNPCL) confirmed that the recent nationwide strike by the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) disrupted oil production, gas supply, and electricity generation….
Seplat Energy Attributes Growth to Strong Workforce, Reliable Assets, and Strategic Financing Seplat Energy Plc, Nigeria’s leading independent energy company, has credited its impressive growth to a combination of its people, robust asset reliability, and sound financing strategies. Speaking at the 2025 Africa Energy Week (AEW) Conference & Exhibition in Cape Town, South Africa, Seplat…
NOGICD Act was not weakened by Presidential Orders On Oil Sector – NCDMB The three Executive Orders issued by President Bola Ahmed Tinubu on the Oil and Gas Industry in March 2024 did not erode the relevance of the Nigerian Oil and Gas Industry Content Development (NOGICD) Act on the operations of the oil and…
Inaugural Africa Energy Investment Summit in New York Signals Bold Push for Energy Sovereignty The inaugural Africa Energy Investment Summit (#AEInvest2025) has set the stage for a new era in Africa’s energy landscape, positioning the continent at the heart of the global transition while advancing its own path toward energy sovereignty, industrialization, and sustainable growth….