NNPC, First E&P JV Achieves 96% Reduction In Routine Gas

The Nigerian National Petroleum Company Limited (NNPCL) and First Exploration & Petroleum Development Company Limited (First E&P) Joint Venture (JV) has successfully achieved a 96% reduction in routine flaring of associated gas (AG) from the Anyala (OML 83) and Madu (OML 85) fields.  This is a significant stride towards supporting Nigeria’s commitment to reducing greenhouse gas […]Read More

WAPCO Suspends Gas Supply Fom Nigeria to Ghana, Benin, Togo

The West African Gas Pipeline Company Limited (WAPCO), owner and operator of the West African Gas Pipeline (WAGP), has suspended the supply of natural gas from Nigeria to Ghana, Benin and Togo following major pipeline maintenance activities from February 5 to March 2, 2025. The company said in a statement that these activities include the […]Read More

PE Energy Accelerates Nigeria’s Methane Reduction Drive With Tech

PE Energy, a subsidiary of PANA Holdings, has reaffirmed its commitment to supporting Nigeria’s efforts to eliminate routine gas flaring and reduce methane emissions, in alignment with global climate commitments and regulatory frameworks. At COP28 in the UAE, President Bola Ahmed Tinubu underscored Nigeria’s determination to tackle methane emissions, a potent greenhouse gas that constitutes […]Read More

NUPRC to Deny Crude Oil Export Permits for Non-Compliance with

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has issued a stern warning to oil companies, stating that it will deny export permits for crude oil cargoes intended for domestic refining if they fail to meet their domestic crude supply obligations. This announcement was made by Gbenga Komolafe, the Commission’s Chief Executive, in a statement released […]Read More

Nigeria Plans 65% Electricity Tariff Hike to Reflect Real Costs,

The Nigerian government has indicated that electricity tariffs may need to increase by over 65% for some consumers to align with the actual cost of power production. Special Adviser to President Bola Tinubu on Energy, Olu Verheijen, told Bloomberg that power tariffs in Nigeria must rise by approximately two-thirds for many users to reflect the […]Read More

BREAKING: Dangote Refinery Reduces Petrol Price To N890/Litre

Dangote Petroleum Refinery has reduced the ex-depot (gantry) price of Premium Motor Spirit (PMS), commonly known as petrol, from N950 to N890, effective from Saturday, 1st February 2025. The company made this known in a release signed by Anthony Chiejina, Group Chief Branding and Communications Officer of Dangote Group, and published on it X (formerly […]Read More

SustyVibes Launches Naija CookWise Campaign To Promote Clean Cooking For

SustyVibes, a youth-led organisation making sustainability actionable and relatable for young Africans, has launched the Naija CookWise campaign to promote the adoption of cleaner cooking fuels among one million women and youth in Nigeria.  The campaign, supported by the Urban Movement Innovation Fund, aims to raise awareness of the dangers of traditional cooking methods, highlight […]Read More

NNPC Launch Five Mini-LNG Plants in Ajaokuta

The Nigerian National Petroleum Company (NNPC) Limited have launched five mini-Liquiefied Natural Gas (LNG) Plants in Ajaokuta, Kogi State. The Plants, launched alongside partners, have a combined capacity of 97 million standard cubic feet of gas per day (mmscf/d). NNPC stated that this furthers its efforts to deepen domestic gas utilisation, in line with the […]Read More

Nigeria Secures $1.1 Billion AfDB Funding to Power 5 Million

President Bola Tinubu has confirmed the approval of a $1.1 billion fund from the African Development Bank (AfDB) to provide electricity to 5 million Nigerians by the end of 2026. In addition, Tinubu highlighted the AfDB’s $200 million Nigeria Electrification Project. This aims to provide electricity to 500,000 people by the end of 2025. Bayo […]Read More

Islamic Trade Launches New Environmental, Social Policy to Drive Sustainable

The International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank Group (IsDB), has unveiled its new Environmental and Social (ES) policy. This policy reinforces ITFC’s commitment to embedding sustainable practices across its trade finance operations, recognizing the essential role trade finance and trade development can play in mitigating climate change and […]Read More

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