Heirs Energies, Renaissance Africa collaborate to drive Nigeria’s oil and gas devt
Heirs Energies Limited and Renaissance Africa Energy Company have expressed mutual commitment to strategic collaboration following a high-level courtesy visit by Osa Igiehon, CEO of Heirs Energies, to Renaissance's leadership team, led by the Managing Director, Tony Attah.
OPEC: NIGERIA’s oil output drops 5.5% to 1.249 mb/d oil theft persist
NIGERIA’s oil output dropped month-on-month, MoM, by 5.5 per cent to 1.249 million barrels per day, mb/d, in June 2023, from 1.184 million mb/d in May 2023.
Final Investment Decision coming on Nigeria’s $5bn first floating LNG project
There are strong indications that the Final Investment Decision, FID, on Nigeria’s first floating liquefied natural gas, FLNG project would be taken before the end of 2023.
Cooking Gas: Sahara Group places order for LPG carriers worth $142m
Energy conglomerate, Sahara Group, has placed an order for two Liquefied Petroleum Gas (LPG) vessels valued at $142 million, in its bid to drive access to clean energy in Nigeria and other African countries.
Deregulation: Oil marketers begin fuel importation — NMDPRA
Ahmed listed the three companies as A.Y. Ashafa, Prudent and Emadeb that imported 59,000 litres, 15,000 litres and 30,000 litres, respectively.
PIA: FG gazettes 5, signs 7 laws, others on oil, gas operations — Investigation
THE Federal Government has gazetted five regulations, while seven are currently in the process of being gazetted, as part of efforts targeted at implementation of Nigeria’s Petroleum Industry Act. PIA.
Energy crisis: Nigeria needs $34.5bn investments to provide electricity access by 2030 —Report
As Nigeria continues to struggle with inadequate and unsteady power supply, a report, Renewable Energy Roadmap Nigeria, has said the country would need to invest about $34.5 billion to provide electricity access by 2030.
Energy crisis: Nigeria’s electricity generation drops 37% to 2,649.9MW
Nigeria’s electricity generation, yesterday, dropped by 37 per cent to 2,649.9 megawatts, MW, from 4,207.05 MW recorded on Wednesday, this week.
FUEL SUBSIDY: Oil marketers plan petrol import as CBN floats forex
Oil marketers in Nigeria have intensified efforts targeted at importing petrol from the world market following the latest liberalization of foreign exchange rates by the Central Bank of Nigeria, CBN.
Nigeria’s oil output rises 15.6% to 1.3 mb/d
Organisation of Petroleum Exporting Countries, OPEC, yesterday, disclosed that Nigeria’s oil output, excluding condensate increased by 15.6 per cent to 1.3 million barrels per day, mb/d in May, from 1.1 mb/d recorded in the preceding month of April 2023.
Seplat Energy committed to best personnel management
By Mariam Eko SEPLAT Energy, has expressed stakeholder engagements and collaboration with the Government, the disruptied. commitment to best personnel management practices. The company condemned all forms of confrontations by indigenes working as contractors at Amukpe and Sapele, Delta state. In a statement obtained by Energy Vanguard, it stated: “On Friday, 19 May 2023 at […]
