The Nigerian Association of Energy Correspondents (NAEC) is set to host its flagship annual conference on Thursday, October 3, 2024, at Eko Hotel and Suites, Victoria Island, Lagos. The event, which begins at 9 a.m., will bring together key players in Nigeria’s energy sector to deliberate on critical developments in the oil, gas, power, and renewable energy industries. The theme ...

Vice President Kashim Shettima has welcomed ExxonMobil’s proposed $10 billion investment in Nigeria’s deepwater oil operations, describing it as a clear testament to the Tinubu administration’s economic reforms and investment-friendly policies. This is coming just as the international maritime giant, DP World, has announced plans to develop a multi-billion dollar port project in Nigeria. According to a statement by his ...

The rise in prices of cooking gas also called Liquified Petroleum Gas (LPG) is an indication of failure by Federal Government to implement strategies aimed at increasing supply chain disruption and maximizing the country’s huge gas reserves. According to the National Bureau of Statistics (NBS) the country’s high inflation rate which was 32.15 per cent in August has continued to ...

Brevity Anderson, a strategic advisory and consultancy firm specializing in facilitation and optimizing international trade and business operations has signed a landmark Memorandum of Understanding (MoU) with the African Petroleum Producers Organization (APPO). The signing of this strategic partnership, which took place in Malabo, Equatorial Guinea at the ongoing 6th meeting of APPO National Oil Companies CEOs’ forum, reinforces Brevity ...

…….by Ben Ndubuwa….. The Major Energies Marketers Association (MEMAN), has said that the refining industry in Nigeria is on the brink of a transformative era, and poised to become a refining powerhouse in Africa. The Chairman MEMAN, Mr. Huub Stokman said Nigeria has the ability to rise to its full potential as a refining giant. “We should celebrate the achievements ...

……Wants FG to Acquire More Equity Stake in Dangote Refinery…. ………by Ben Ndubuwa…….. The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has said that the growing trend of divestment by International Oil Companies (IOCs) in Nigeria, needs strategic shifts that prioritize local empowerment and innovation. PENGASSAN cautioned that while divestments can present opportunities for the Nigerian economy, ...

………by Ben Ndubuwa……… The Major Energies Marketers Association of Nigeria (MEMEN) has said that the global shift towards electric vehicles (EVs) is gaining momentum as countries push for cleaner energy and reduced emissions to combat climate change. This transition aligns with global commitments such as the United Nations’ Sustainable Development Goals (SDGs) and the Paris Accord. MEMAN pointed out that ...

Chevron Nigeria Limited (CNL), operator of the Nigeria National Petroleum Company Limited (NNPCL) and CNL Joint Venture has received reports of false recruitment information in several media and online channels purportedly by CNL and Chevron Corporation, advertising job positions in CNL and offering job slots for sale. Additionally, these fraudulent job offers have reportedly been circulated through emails, text messages ...

The Nigerian Electricity Regulatory Commission (NERC) has warned power users about the illegal tampering of electricity facilities, emphasizing that offenders could face significant penalties under the new 2023 Electricity Act. In a recent statement on its social media platform, NERC outlined the legal consequences for various offenses, including unauthorized connections and meter tampering. Offenders may face a jail term of ...

The Renewable Energy and Energy Efficiency Associations Alliance (REEEA-A) is set to host its 3rd Annual International Conference on September 25-26, 2024, at the Abuja Continental Hotel. The conference, themed “Road to Net Zero – Actionable Initiatives for Success,” is a timely response to Nigeria’s growing energy demands and the urgent need to combat climate challenges. Bringing together policymakers, industry ...