The Federal Ministry of Power has finally introduced the new Electricity distribution policy called “willing Seller, Willing Buyer”.
Axxela Limited, a gas and power portfolio company, has highlighted the importance of maximizing the gas resources in Nigeria and other West African countries to boost industrialization.
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC) Mallam Mele Kyari has outlined possible ways the Nigeria economy in general and the oil and gas industry, in particular, could reap from the recent discovery of hydrocarbon deposits in the Kolmani River II well in the Upper Gongola Basin section of Benue trough.
PetroNor announces that it has entered into a separate investment and shareholders agreement with OML 113 operator, Yinka Folawiyo Petroleum (YFP) to form a partnership and own a Special Purpose Vehicle (SPV) named Aje Petroleum together. Aje Petroleum will focus on revitalization to develop OML 113 and Aje oil and gas field, offshore Nigeria (Aje…
As negotiated with OPEC+, Nigeria seems to be fully committed to fulfilling its quota. Nigeria's compliance has increased since August, according to the country's minister of petroleum policy.
Shell companies on Friday won the achievement award at the 2019 awards night of the Petroleum Technology Association of Nigeria (PETAN), the organization in charge of indigenous technical oilfield service companies in the upstream and downstream sectors of the Nigerian oil and gas industry.
The Department of Petroleum Resource (DPR) has assured Nigerians of an adequate supply of products across the country before, during and after the festive season.
The Managing Director of the Rural Electrification Agency (REA), Damilola Ogunbiyi disclosed that the Agency is training 180 female students across 37 Federal Universities and 7 University Teaching Hospitals in Nigeria.
Shareholders of Eland Oil & Gas Plc have given nod to the £382 million takeover bid of the company by indigenous oil & gas producer, Seplat Petroleum Development Company Plc.
The second Gas Exporting Countries Forum (GECF) International Gas seminar held last week announced that Nigeria and other African countries will increase their presence in the global energy sphere. Africa will contribute as much as 9.2 percent to global natural gas production by 2040.