A coalition of Niger Delta groups has described Shell UK’s planned sale of its Nigerian subsidiary without consulting host communities as unhealthy and unacceptable.The women’s position was presented by Mrs. Emem Okon of Kebetkache Women Development and Resource Centre during a protest in Yenagoa, Bayelsa State, on Friday, December 20, 2024. Protesters in Yenagoa, Bayelsa State Okon led the coalition ...

The Transmission Company of Nigeria (TCN) has successfully commissioned a 1×60/75 MVA 132/33KV power transformer at the 330/132/33kV Lekki Transmission Substation in Lagos State. This significant upgrade was completed on December 19, 2024, increases the substation’s capacity from 120MVA to 195MVA, enhancing electricity distribution efficiency in the region. This development enables the Eko Electricity Distribution Company (EKEDC) to offtake a ...

Photo L-R: Bolaji Agbede, Acting Group Chief Executive Officer, Access Holdings Plc; Paul Usoro, SAN, Chairman, Access Bank Plc; Frank-Walter Steinmeier, President of Germany; Aigboje Aig-Imoukhuede, Chairman, Access Holdings Plc, and Roosevelt Ogbonna, Managing Director/Chief Executive Officer, Access Bank Plc during the visit of the German president to Access Bank’s headquarters in Lagos… recently. Access Bank Plc last week welcomed the ...

…….by Ben Ndubuwa…. The energy sector in Nigeria is witnessing a transformative shift, driven by proactive government policies and investments aimed at bolstering national economic growth. Recent developments highlight the growing optimism within the industry, with major players such as Shell Nigeria making substantial commitments to expand production. In a significant move, Shell Nigeria Exploration and Production Company Limited (SNEPCo) ...

………..by Ben Paul……… Ardova PLC, a leading player in Nigeria’s downstream oil and gas sector, is entering a new chapter in its six-decade journey with a renewed focus on investment, sustainability, innovation, and community. In media briefing in Lagos, Ardova PLC declared that it is getting started. “Life begins at 60,” the company’s Managing Director, Moshood Olajide emphasized, setting the ...

The Nigerian Electricity Regulatory Commission (NERC) has announced the transfer of regulatory oversight of the electricity market in Lagos State to the newly established Lagos State Electricity Regulatory Commission. This was contained in a statement released by NERC on X (formerly Twitter) on Thursday. This move follows the amended provisions of the Nigerian Constitution and the Electricity Act of 2023. ...

Seplat Energy Plc, a leading Nigerian independent energy company, has been named Best In Social Impact/Human Capacity Development at the Sustainability, Enterprise and Responsibility Awards (SERAS) Africa for 2024. The Company was announced as winner of the award at the 18th edition of the SERAS Africa held at the Oriental Hotel in Lagos. The organisers lauded Seplat Energy’s corporate social ...

The 2024 oil licensing bid round in Nigeria has concluded with significant shifts in the oil industry, highlighted by the absence of major international oil companies (IOCs) in the bidding process. This year’s bid round has been described as a landmark event, marking a clear departure from previous years when IOCs were at the forefront, especially in bidding for deepwater ...

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) is set to launch another oil licensing round in 2025, the Commission’s Chief Executive, Gbenga Komolafe, revealed on Wednesday during the 2024 Licensing Round Commercial Bid Conference in Lagos. This announcement comes as the NUPRC nears the conclusion of the 2024 licensing round, which is part of the regulator’s ongoing efforts to boost ...

…..with awards to Chevron, Seplat, Shell and NCDMB among others….. The Petroleum Technology Association of Nigeria (PETAN) marked its 30th anniversary with a grand celebration, honoring distinguished individuals, organizations, and supporters who have contributed to the association’s growth and the advancement of local content in Nigeria’s oil and gas sector. Speaking at the event, PETAN Chairman, Engr. Wole Ogunsanya, expressed ...