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 Organization of the Petroleum Exporting Countries and its allies (OPEC+) has announced an increase in oil production by 411,000 barrels per day for July 2025. This decision is a strategic move aimed at managing supply dynamics and safeguarding market share. During a virtual meeting on Saturday, representatives from eight
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,
THE Federal Government has promised to urgently address the N4 trillion debt crippling Nigeria’s power generation sector, following high-stakes talks between Power Minister Adebayo Adelabu and Chairmen of Generating Companies of Nigeria (GenCos) in Abuja.The move aims to avert an imminent collapse of the power infrastructure in the country.The Minister
The Dangote Group is undertaking an initiative to transition over 6,000 diesel trucks to Compressed Natural Gas (CNG). This will add to their 4,000 trucks that have already been converted to CNG. Michael Oluwagbemi, who is in charge of the Presidential Compressed Natural Gas Initiative Programme, shared this information in