NNPC Signs Five Agreements To Renew OML 130 Contract

The Nigerian National Petroleum Company Limited (NNPCL) has entered signed agreements with five energy organisations for the renewal of the Oil Mining Lease (OML) 13 suite. These organisations include, China National Offshore Oil Corp, South Atlantic Petroleum, Total Upstream Nigeria Limited, PRIME 130 and the Nigeria Upstream Petroleum Regulatory Commission. The NNPCL tweeted that the […]Read More

FG completes Zungeru Hydropower Plant, Prepares For Launching

The federal government led by Muhammadu Buhari has completed the Zungeru hydropower project. This is according to Federal Minister of Power, Abubakar Aliyu. The minister, who shared information via his Twitter account said the project is complete and ready to increase the country’s power capacity by supplying power to the Transmission Company of Nigeria (TCN). […]Read More

Angola Overtakes Nigeria as Africa’s Largest Oil Producer in April

Angola overtook Nigeria to become Africa’s top oil producer in April 2023, according to direct reporting data from the April 2023 Organization of the Petroleum Exporting Countries (OPEC) Monthly Oil Market Report (MOMR). The report shows that Angola recorded crude oil production of 1.06 million barrels/day in April 2023. Nigeria recorded crude oil production of […]Read More

IRENA Unveils New Initiative To Accelerate Youth-led Renewable Energy Projects,

The International Renewable Energy Agency (IRENA) today launched a new initiative aimed at supporting young entrepreneurs and innovators in driving the renewable energy transition. The new IRENA NewGen Renewable Energy Accelerator (NewGen), will provide capacity building, mentorship and other resources to youth-led projects and start-ups that are developing innovative solutions to advance the adoption of […]Read More

Buhari to Commission Dangote Refinery May 22

The federal government’s efforts to make the country self-sufficient in crude oil refining to save scarce foreign cash utilised in petroleum product importation have received a boost as the 650,000 barrels per day capacity has been reached. President Muhammadu Buhari will inaugurate the Dangote Refinery, the world’s largest single-train refinery, on May 22. A source […]Read More

NNPC, Norway’s Golar sign agreement on floating LNG plant

Nigeria’s state oil company, NNPC Ltd, announced late Wednesday that it had signed a memorandum of understanding with Golar LNG of Norway to build a floating liquefied natural gas plant in the country. Nigeria, Africa’s largest oil producer, has some of the world’s largest gas reserves and is looking for investment to boost domestic supplies […]Read More

Seplat Donates STEAM Laboratories to Boost Innovation in Schools

Seplat Energy has launched its initiative to donate well-equipped STEAM Laboratories to schools to promote a learning environment where students can participate actively in hands-on, practical STEAM learning. The goal is to unleash students’ potential and assist them in developing their science, engineering, mathematics, and art skills by using technology to create, collaborate and complete […]Read More

Exxon Declares Force Majeure on Nigerian Oil Lifting

ExxonMobil Corp units in Nigeria have declared force majeure over oil shipments from several terminals in the country after industrial action, a spokesman for one of the companies told Bloomberg. Three units of the US major have declared a milestone allowing them to waive contractual obligations due to events beyond their control, a spokesman for […]Read More

Sterling Bank to Achieve Off-Grid Status with Solar Power by

Sterling Bank Plc’s corporate headquarters, which is powered by Building Integrated Photovoltaic (BIPV) energy technology as its primary source of energy, is set to go completely off-grid in the second quarter of the year. Olabanjo Alimi, group head of transport and renewable energy at Sterling Bank, told EnergyPlanets in an exclusive interview that the building […]Read More

Shell Cancels Singapore Base Oil Plant Plans

Shell has scrapped plans to establish a biofuel unit and a Group 2 base oil refinery in Singapore. The biofuel facility was designed to create 550,000 t/yr of SAF, HVO, and renewable chemicals utilizing renewable hydrogen and waste biofuel feedstocks such as discarded cooking oil and animal fats. It is uncertain how much Group 2 […]Read More

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