• December 12, 2024
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Adelabu Summons TCN, NERC Over Grid Collapses, Forms Investigative Committee
energy offshore power

Adelabu Summons TCN, NERC Over Grid Collapses, Forms Investigative Committee

October 22, 2024

Adebayo Adelabu, the minister of power, has called an emergency meeting with the Nigerian Electricity Regulatory Commission (NERC) and the Transmission Company of Nigeria (TCN) following recent disturbances to the national grid, which resulted in widespread blackouts across the country. A statement released by Bolaji Tunji, the minister’s special adviser for strategic communication and media […]Read More

ExxonMobil-Led Consortium Advances to Second Exploration Phase off Crete
energy news offshore Oil and Gas

ExxonMobil-Led Consortium Advances to Second Exploration Phase off Crete

October 10, 2024

A consortium led by the U.S. oil giant ExxonMobil has completed the initial exploration phase southwest of the Greek island of Crete and has opted to proceed to the second stage, according to Greece’s state-owned Hellenic Hydrocarbons and Energy Resources Management Company (HEREMA) on Thursday. ExxonMobil and Helleniq Energy are collaborating on these exploration studies […]Read More

IEA Warns of Global Gas Supply Strain Amid Rising Demand, Geopolitical Tensions
energy offshore Oil and Gas

IEA Warns of Global Gas Supply Strain Amid Rising Demand,

October 4, 2024

The International Energy Agency (IEA) has expressed concerns about possible gas supply challenges due to rising global consumption and ongoing geopolitical tensions as winter approaches. In its latest report, the IEA highlighted that industrial demand, particularly from Asia, is driving a significant increase in gas consumption. The agency predicts that global gas demand will rise […]Read More

Oil Workers Hold National Prayer Session Amid Rising Petrol Prices, Economic Hardship
energy offshore Oil and Gas

Oil Workers Hold National Prayer Session Amid Rising Petrol Prices,

October 4, 2024

As Nigerians continue to endure economic difficulties brought on by the rising petrol pump prices, oil workers and companies under the Ministry of Petroleum Resources have organised a prayer session, seeking divine assistance as the nation faces various challenges. The oil workers, under the banner of Petroleum Industry Christian Fellowship International (PICFI), gathered at a […]Read More

Nigeria Pushes for $10 Billion Investment with New Gas Policy Framework
energy offshore Oil and Gas oil-and-gas:Oil and Gas oil-and-gas~offshore|oil-and-gas:Oil and Gas

Nigeria Pushes for $10 Billion Investment with New Gas Policy

October 4, 2024

Nigeria is advancing with a new policy framework aimed at revitalising its natural gas sector, seeking to attract up to $10 billion in investment. The proposed measures offer tax incentives to entice both local and international investors to tap into the country’s deep-water gas reserves. The framework, already approved by the Federal Executive Council, is […]Read More

Nigeria, Libya Discuss Strategic Gas Pipeline to Strengthen Energy Ties
energy energy|oil-and-gas:Oil and Gas|power offshore Oil and Gas

Nigeria, Libya Discuss Strategic Gas Pipeline to Strengthen Energy Ties

September 21, 2024

The Nigerian government has initiated discussions with Libya on the construction of a gas pipeline connecting the two nations. This was revealed by Nigeria’s Minister of Petroleum (Gas), Ekperikpe Ekpo, during a meeting with Libya’s Oil Minister, Dr. Khalifa AbduAlsadik, at the Gastech Exhibition and Conference 2024 in Houston, USA. Ekpo indicated that the proposed […]Read More

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