Energy

MD NGML, Barrister Justin Ezeala (middle) shortly after signing the agreement with Management of A4E Energy By Ali Elias From a statement released on Its website, the NNPC Gas Marketing Limited (NGML) and A4E Energy have taken a significant step towards advancing Nigeria’s gas sector by signing an agreement to build a 100 million standard cubic feet per day (mmscf/d) natural gas distribution facility in Ajaokuta, Kogi State. This facility, known as a city-gate, will supply natural gas to various domestic facilities, including LNG plants, CNG compression units, and other industrial users in the Ajaokuta region. The release, titled, “NGML And A4E Energy To Construct 100mmscf/D Gas Distibution Facility In Ajaokuta”, reads: NNPC Gas Marketing Limited (NGML) and its partner, A4E Energy...

(4th right) NCDMB Exec Sec. Engr, Felix Omatsola Ogbe By PR The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe on Monday inaugurated new members of the Nigerian Content Research and Development Council (NCRDC). The newly onboarded members are the Executive Secretary, who would serve as Chairman, the Director Research and Development, NCDMB, Mr. Isaac Yalah, who would function as the Alternate Chairman and the General Manager, Research and Development, NCDMB, Mr. Silas Ajimajaye, who would function as the Secretary (2nd right) ES Engr. Felix Omatsola Ogbe Other members include representatives from the Oil Producers Trade Section (OPTS), Petroleum Contractors Trade Section (PCTS), National Universities Commission...

Photo courtesy: Vanguard. Familoni Oluranti Olubunmi By Ali Elias Familoni Oluranti Olubunmi has won the 2024 Nigeria Prize for Literature with his book, "The Road Does Not End". He received a $100,000 prize at the Nigeria LNG Grand Award night. The Chairperson of the Advisory Board, Professor Akachi Adimora-Ezeigbo, announced the winner, selected from 163 entries. Familoni beat out Ndidi Chiazor-Enenmor ("A Father's Pride") and Uchechukwu Peter Umezurike ("Wish Maker"). “A Father’s Pride” by Ndidi Chiazor-Enenmor as a touching story that delves into the complex relationship between a father and his children, highlighting their struggles with love, forgiveness, and understanding. “The Road Does Not End” by Familoni Oluranti Olubunmi, addresses the critical issue of child lab...

TO mark it’s 35 years of incorporation and 25 years of production, the Nigeria Liquefied Natural Gas Limited, NLNG has officially unveiled a new logo, underscoring its renewed dedication to Inspiring a Sustainable Future. NLNG new logo Unavailing the new logo at the NLNG Grand Award Night held in Lagos, on Friday, Philip Mshelbila, NLNG’s Group Managing Director/CEO, described the new logo as a key element of the company’s rebranding initiative and a symbol of its forward-looking commitment to sustainability. “The new logo marks a significant step in our journey towards a sustainable future. “Our goal is to ensure that, 35 years from now and beyond, future generations will gather to celebrate achievements even greater than what we commemorate today,” Dr. Mshelbila stated. ...

By Ali Elias In a crucial move aimed at boosting Nigeria’s oil, gas, and energy sectors, the Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe (FNSE), met with the Managing Director and Country Chair of Total Energies yesterday in Lagos.  As released on the company’s X page,”the meeting focused on strengthening partnerships and discussing strategies to enhance Nigeria’s Oil and Gas and energy sector, with an emphasis on sustainable development and increasing local content in the oil and gas industry”. The statement added that “both leaders expressed commitment to collaborating on projects that will drive economic growth and energy security in the country”. This meeting underscores the increasing focus on sustainabl...

By PR The NNPC Ltd has reiterated its commitment to work with host communities in the Niger Delta region towards lasting peace and economic prosperity. Group CEO, Mallam Mele Kyari, disclosed this during a dialogue session with the Niger Delta communities held in partnership with the Office of the Senior Special Assistant to the President on Community Engagement (South-South) Hon. Gift Johnbull, at the Igurubia Square Ultra-Modern Town Hall, Yenagoa, Bayelsa State, on Thursday. The session is also part of the citizen assembly engagements, which is a side event of the forthcoming Climate of Parties (COP) 29 Conference taking place in Baku, Azerbaijan in November, this year.  Kyari, who was represented at the occasion by the Head Business Services of the NNPC Upstream Invest...

By Ali Elias The recent adjustment in petrol prices by independent oil marketers in Nigeria, particularly in the Federal Capital Territory (FCT), marks a significant development in the nation's downstream oil sector. Following the deregulation of the petroleum industry, marketers are now sourcing petrol directly from the Dangote Refinery, reflecting the end of the exclusive purchase agreement previously held by the Nigerian National Petroleum Company (NNPC). With pump prices rising to around N1,200 per liter, this shift has far-reaching implications for both the oil market and the broader Nigerian economy. The deregulation has paved the way for competitive pricing, altering the dynamics between oil marketers, refineries, and consumers. Implications for the Nigerian Economy The ...

By PR The NNPC Ltd/ Seplat Energy Joint Venture (JV) partnership has conducted a medical outreach, providing free eye health services to individuals with visual impairments in Ohaji/Egbema community of Imo State. Through its “Eye Can See” programme, a Corporate Social Responsibility (CSR) initiative, the JV dispensed more than 10,000 reading glasses and successfully performed 639 eye surgeries, including cataract removals, for host community members who otherwise had limited access to such vital medical services. The “Eye Can See” programme, which commenced in 2017, has been a beacon of hope in the eastern asset of the NNPC upstream investments, positively impacting over 20,000 people to date.  In his remarks during the event, Chief Upstream Investment Officer of NNPC's Up...

By PR In its continued bid to maximise the nation’s abundant gas resources for economic development and prosperity, NNPC Ltd has begun discussions with investors towards bringing back two Liquefied Natural Gas (LNG) projects, Brass and Olokola LNG projects. NNPC Ltd’s Chief Financial Officer (CFO), Mr. Umar Ajiya disclosed this on the sidelines of the ongoing 2024 Gas Technology Conference and Exhibition (Gastech), in Houston, United States, on Thursday.Brass LNG and OK LNG are two LNG projects with the potential of manifold economic benefits for the country which include job creation, power generation, revenue generation and economic diversification. The multi-billion dollar projects were however stalled due to unfavourable market dynamics and slow decision-making by the political...

By Ali Elias In a landmark development for journalism in Nigeria, Nigeria LNG Limited (NLNG) has announced the creation of the "NLNG Prize for Energy Reporting" at the prestigious Diamond Awards for Media Excellence (DAME). This new category is designed to acknowledge and reward exemplary reporting on energy issues in the country, underscoring the media's pivotal role in informing and shaping public discourse around Nigeria’s dynamic energy sector. The announcement was made during an event titled “Celebrating the Voices of Impact,” held in Lagos over the weekend. The event celebrated the media’s remarkable contributions over the last 20 years to NLNG’s signature projects: The Nigeria Prize for Literature and The Nigeria Prize for Science. The media's tireless efforts have been critic...