Category: Oil and Gas

SEO Riders: – FDC report highlights Dangote’s pricing and CNG distribution model as inflation savers. – Uniform petrol pricing + 4,000 CNG trucks could cut logistics costs and aid 42 million MSMEs. – CBN and analysts praise refinery’s role in reducing transport costs and easing forex pressure. Financial Derivatives Company (FDC), the think tank affiliated…

SEO Riders: – Shell urges investment in transmission, pipelines, and distribution infrastructure. – Network Code enforcement and stable gas system essential for unlocking domestic market. – ELPS cited as model; Shell working with states and regulators to deepen access. At the Nigeria International Energy Summit, Shell Nigeria Gas (SNG) Managing Director Ralph Gbobo emphasized that…

SEO Riders: – Shell reaffirms investment in Bonga field and deep‑water projects to boost Nigeria’s oil output. – Company aligns with Nigeria’s net‑zero 2050 goal via “Powering Progress” low‑carbon strategy. – MD calls for enabling policies and collaboration with regulators to sustain growth and decarbonisation. At the 2025 Nigeria Oil and Gas Conference in Abuja,…

SEO Riders: – Minister Lokpobiri confirms current production at 1.745 Mbpd, budget target is 2.06 Mbpd. – Govt plans reactivation of dormant fields and reducing IOCs’ legislative interference. – Push for stronger upstream investment, policy reform, and industry accountability. Nigeria currently produces approximately 1.745 million barrels per day (Mbpd) of crude, with a firm goal to reach…

SEO Riders: – NNPC Ltd. reports full uptime on all major crude pipelines in June 2025. – Security interventions and consistent JV cash calls credited for milestone. – Pipeline efficiency boost paired with AKK gas project river-crossing success. The Nigerian National Petroleum Company Limited (NNPC Ltd.) has recorded 100% availability on all major crude oil…

SEO Riders: – Shell Companies in Nigeria showcase gas and deep-water oil investments at NIES. – Health-in‑Motion medical clinic treated hundreds, including free vision services. – Group named Best Upstream Company 2024 and Platinum Sponsor of the summit. At the 8th Nigeria International Energy Summit (NIES) in Abuja, Shell Companies in Nigeria (SCiN) elevated its…

– Nigerian Navy’s Anti-Bunkering Operations – Illegal Oil Refining Sites in Ondo – Crude Oil Theft in Nigeria The Nigerian Navy has uncovered eight illegal bunkering sites in the Obe-Akinboye seaside community of Ilaje Local Government Area, Ondo State. The operation, executed by personnel from the Forward Operating Base (FOB) in Igbokoda, took place in…

– Africa’s Natural Gas Consumption Trends – GECF Global Gas Outlook 2050 – Nigeria’s Shift Towards Domestic Energy Production According to a recent report by the Gas Exporting Countries Forum (GECF), Africa’s natural gas consumption is expected to rise to 183 billion cubic meters (bcm) in 2025. This growth is attributed to increased demand in…

– TotalEnergies Climate Goals – Sustainable Energy Investments – Corporate Climate Reporting TotalEnergies has published its latest Sustainability & Climate Report, outlining its commitment to reducing carbon emissions and advancing clean energy solutions. The report highlights the company’s updated emissions reduction targets, aligning with global climate goals and the transition to a low-carbon economy. The…

– Nigeria Petroleum Industry Act – Oil and Gas Reforms – Energy Investment in Nigeria The Major Energy Marketers Association of Nigeria (MEMAN) has reaffirmed that the implementation of the Petroleum Industry Act (PIA) is progressing steadily. The association highlighted ongoing reforms aimed at improving efficiency, transparency, and investment in the oil and gas sector.…