The Nigerian National Petroleum Company Limited (NNPCL) is focused on boosting the country’s oil production to 2 million barrels per day (bpd) by 2027, as the current output is at 1.63 million bpd. This announcement was made by NNPCL Group Chief Executive Officer, Bashir Bayo Ojulari, during the 9th OPEC
Renaissance Africa Energy Company Limited has announced that it is taking actionable steps to address electricity and clean energy shortages in Nigeria and across Africa. Mr Tony Attah, Managing Director of Renaissance, made the remark in a statement issued by the company’s spokesperson, Mr Michael Adande, in Port Harcourt on
Dangote Petroleum Refinery has invested over N720 billion to implement its landmark initiative of deploying 4,000 Compressed Natural Gas (CNG)-powered trucks for the nationwide distribution of petroleum products, which is expected to save Nigerians over N1.7 trillion annually. This bold step will see the privately-owned refinery absorb over N1.07 trillion
Heirs Energies Ltd. and Renaissance Africa Energy Company have reaffirmed their commitment to advance the nation’s oil and gas industry through collaboration and innovation. Mr Osa Igiehon, Chief Executive Officer of Heirs Energies, made this known in a statement on Tuesday in Lagos. He described the alliance as a significant
The Presidential Compressed Natural Gas Initiative (P-CNGI) has introduced a new framework designed to improve the nationwide distribution of compressed natural gas (CNG), in collaboration with the Nigerian National Petroleum Company Limited (NNPC Ltd.), the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), and the Gas Aggregation Company of Nigeria
The leadership of the Niger Delta Power Holding Company (NDPHC) Limited has voiced concerns regarding a debt of N600 billion owed by the Nigerian Bulk Electricity Trading (NBET) Plc, emphasizing that this situation is significantly impacting the company’s operations. NDPHC’s Managing Director, Jennifer Adighije, shared this information in a statement
.. Vows to restructure underperforming DISCOs, enforce performance benchmark The Minister of power, Adebayo Adelabu says Electricity Distribution Companies (DisCos) have been frustrating all efforts to reform the Nigeria’s power sector. Adebayo Adelabu made this statement during a two-day retreat organized by the Senate Committee on Power. He pointed out
In response to the northern states pushing for oil and gas exploration through the Frontier Exploration Fund, a new academy has been set up in Bauchi State, where the Nigerian National Petroleum Company Limited just revealed its plans to start exploration activities again. For over thirty years, the northern region
THE Petroleum Technology Association of Nigeria (PETAN) has urged an urgent scale-up in crude oil output to match Nigeria’s growing refining capacity and boost export and domestic supply.Mr Wole Ogunsanya, PETAN chairman, made the call in an interview with energy editors at the recently concluded Offshore Technology Conference (OTC) on
Ezekiel Lol Gatkuoth the Minister of Petroleum for South Sudan, has asked Frontier to bring the important Africa Energies Summit to Africa. He believes it’s really important to have an event focused on Africa right here on the continent. The African Energy Chamber (AEC), which supports the African energy industry,