Oil & Gas - Page 46

COP28: How Nigeria Utilises Gas To Drive Energy Transition – NNPCL Boss

The Group Chief Executive Officer (GCEO), Nigeria National Petroleum Company Limited (NNPC), Mr. Mele Kyari has highlighted Nigeria's efforts in utilising its abundant natural gas resources to drive energy transition.

Victor Ezeja

1 year ago

Africa·Business·Latest News·Oil & Gas

Nigeria, Ghana, Others Lead Consortium To Deploy 5 GW Battery Energy Storage Systems

Ten countries, including Egypt, Ghana, India, Kenya, Malawi, Mauritania, Mozambique, Nigeria, and Togo, joined the Battery Energy Storage Systems (BESS) Consortium. Spearheaded by the Global Energy Alliance for People and Planet’s Global

Emmanuel Ochayi

1 year ago

Business·Latest News·Oil & Gas

Port Harcourt Refinery Is Over 75% Completed, Says Managing Director

Amidst the flurry of refurbishment activities at the Port Harcourt refinery, Ibrahim Onoja, the Managing Director, disclosed that significant strides have been made, with over 75% of the project already completed. Onoja’s

Emmanuel Ochayi

1 year ago

Nigeria’s Oil Production Declines By 33,000 Barrels As OPEC Reports Setback In September

Business·Latest News·Oil & Gas·World News

OPEC Announces 1 Million Bpd Cut In Monthly Oil Output For 2024 To Bolster Market Stability

In a move aimed at fortifying oil market equilibrium, the Organisation of Petroleum Exporting Countries (OPEC) and its allies announced on Thursday an additional reduction of 1 million barrels per day in

Emmanuel Ochayi

1 year ago

Senate Speedily Passes N2.176trn Supplementary Budget, Cites Dry Season As Reason

Business·Latest News·Oil & Gas

Nigerian Senate To Enlist EFCC Against 15 Oil Firms Over N135 Billion CBN Loan

In a heated session, the Nigerian Senate Committee on Gas Resources wielded the sword of the Economic and Financial Crimes Commission (EFCC) against 15 oil and gas companies alleged to have misappropriated

Emmanuel Ochayi

1 year ago

Brent Crude Surges To $83 As African Producers Face Quota Tensions

Africa·Business·Latest News·Oil & Gas·World News

Brent Crude Oil Surges To $83 As African Producers Face Quota Tensions

Amidst escalating tensions within the Organization of Petroleum Exporting Countries (OPEC), Brent crude surged to $83.60 per barrel, setting the stage for OPEC’s meeting today. The meeting, which was delayed due to discord

Emmanuel Ochayi

1 year ago

Dangote, Others Summoned As Nigeria's Natural Gas Production Drops Despite N250bn Fund

Business·Latest News·Oil & Gas

Dangote, Others Summoned As Gas Production Drops Despite N250bn Fund

The Nigerian Senate has summoned Dangote Refinery and several other prominent entities for an urgent inquiry into the decline in Nigeria’s natural gas production despite the injection of N250bn intervention fund. “The

Emmanuel Ochayi

1 year ago

Chappal Energies Acquires Equinor's Nigerian Assets; OPEC Disagreement Over Country's Oil Output Target

Business·Latest News·Oil & Gas

Chappal Energies Acquires Equinor’s Nigerian Assets Amid OPEC Disagreement on Oil Output

In a development within the oil and gas sector, Chappal Energies, a Nigerian-owned energy company, has sealed a deal to acquire Equinor’s Nigerian business, including a stake in the Agbami oil field.

Emmanuel Ochayi

1 year ago

Nigeria Optimistic On Achieving 1.7mpd Crude Despite November Output Drop

FEATURES·Oil & Gas

Oil Theft Continues To Frustrate Nigeria’s Efforts To Ramp Up Production

Increasing crude oil production output which provides over 90 per cent of Nigeria’s revenue has continued to elude the country due to theft. Oil theft in Nigeria has been a long-standing issue,

Victor Ezeja

1 year ago

Business·Latest News·Oil & Gas

Nigeria’s Diesel Prices Hit N978/Litre, Posing Economic Pressure Ahead Of Christmas

Diesel prices in Nigeria have surged to N978 per litre as of Tuesday, November 28, according to data released by HydroCarbon Information Services (HydroCIS) Limited. This continuous hike in prices has amplified

Emmanuel Ochayi

1 year ago

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Oil & Gas - Page 46

COP28: How Nigeria Utilises Gas To Drive Energy Transition – NNPCL Boss

Nigeria, Ghana, Others Lead Consortium To Deploy 5 GW Battery Energy Storage Systems

Port Harcourt Refinery Is Over 75% Completed, Says Managing Director

OPEC Announces 1 Million Bpd Cut In Monthly Oil Output For 2024 To Bolster Market Stability

Nigerian Senate To Enlist EFCC Against 15 Oil Firms Over N135 Billion CBN Loan

Brent Crude Oil Surges To $83 As African Producers Face Quota Tensions

Dangote, Others Summoned As Gas Production Drops Despite N250bn Fund

Chappal Energies Acquires Equinor’s Nigerian Assets Amid OPEC Disagreement on Oil Output

Oil Theft Continues To Frustrate Nigeria’s Efforts To Ramp Up Production

Nigeria’s Diesel Prices Hit N978/Litre, Posing Economic Pressure Ahead Of Christmas

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