AOW: Energy is proud to confirm the participation of His Excellency Senator Heineken Lokpobiri, Honourable Minister of State for Petroleum Resources (Oil) of the Federal Republic of Nigeria, at the Ministerial Summit of AOW:Energy 2025 in Accra. This moment marks a significant milestone in AOW:Energy’s relationship with Nigeria which has always been an ever present […]Read More
June 5, 2025 The gas market was highly seasonal and regional, but now it’s ‘globally integrated,’ says portfolio manager. Natural gas is expected to provide the largest share of net U.S. summer generation capacity, according to the Federal Energy Regulatory Commission. It’s that time of year again, when the need for cooling in the summer […]Read More
About half of the existing 256 petroleum product 256 are currently in operation, the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has said. Authority Chief Executive (ACE), Engr Farouk Ahmed who disclosed this in his office in Abuja, also explained that the removal of the petrol subsidy has led to increased competition in the […]Read More
NLNG says it is committed to building Nigerian capacity as it launches its Train 7 Project Human Capital Development (HCD) Basic Training Supplementary Programme in Port Harcourt today. The event, which took place in The Hotel Presidential Port Harcourt, was graced by officials from the Nigerian Content Development and Monitoring Board (NCDMB), including Mrs. Tarilate […]Read More
29 May, 2025 TotalEnergies EP Nigeria (TEPNG) has signed an agreement with Shell Nigeria Exploration and Production Company Ltd (SNEPCo) for the sale of its non-operated 12.5% interest in the OML118 Production Sharing Contract (PSC) for an amount of $ 510 million. OML118 PSC is operated by SNEPCo (55%), in partnership with Esso Exploration and […]Read More
Asharami Energy, a Sahara Group Upstream Company, has said it would continue to spearhead the quest for driving inclusive growth and local content development across Nigeria’s energy landscape through investments, responsible operations, and collaboration with stakeholders in the upstream value chain. Speaking at the 5th edition of the Nigerian Oil and Gas Opportunity Fair (NOGOF), […]Read More
The Petroleum Products Retail Owners Association of Nigeria (PETROAN) has lauded the Federal Government’s decision to ban the importation of foreign goods produced locally. Dr Billy Gillis-Harry, National president of PETROAN, on Tuesday while commending government’s efforts to strengthen the domestic economy and promote local content, called for careful implementation to avoid unintended consequences. He […]Read More
To maximise Nigeria’s gas potential, there is a need to pursue sustainable bankable projects and invest in research and development (R&D) that aligned with global ESG (Environmental, Social, and Governance) standards, the Minister of State, Petroleum Resources (Gas), Ekperikpe Ekpo, has said. Mr. Ekpo spoke yesterday, during a Luncheon and Panel Session, themed: “Harnessing Nigeria’s […]Read More
With 585 GW of capacity additions, renewables accounted for over 90% of total power expansion globally in 2024. Â Â Renewable Capacity Statistics 2025 released by the International Renewable Energy Agency (IRENA) today shows a massive increase in renewable power capacity during 2024, reaching 4 448 gigawatts (GW). The 585 GW addition last year indicates a 92.5% […]Read More
The Nigeria Sovereign Investment Authority (NSIA), Sustainable Energy for All (SEforALL), the International Solar Alliance (ISA), and Africa50 have launched a $500 million fund to develop and finance distributed renewable energy (DRE) projects in Nigeria. The partners revealed in a statement seen by EnergyPlanets that the NSIA, SEforALL and Africa50 signed the Fund’s Heads of […]Read More
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