Archives for ENERGY
Power Distribution Companies Face Sanctions Over Slow Metering
Electricity Distribution Companies (DisCos) have come under intense scrutiny over their slow metering rollout and dismal refund performance, as the Nigerian Electricity Regulatory Commission (NERC) revealed that between 600,000 and…
Fresh concerns over rising dominance of expatriates in oil sector
NASS accuses IOCs, independent firms of non-remittance. The Senate has raised fresh concerns over rising expatriate dominance in the oil and gas sector, revealing that thousands of foreigners are currently…
NCDMB Emerges Best Agency in Ease Of Doing Business for 4th Year
BY NGOZI ONYEAKUSI The Nigerian Content Development and Monitoring Board (NCDMB) has won the Presidential Enabling Business Environment Council (PEBEC) Transparency and Efficiency Champion Award for the fourth consecutive year.…
50 oil blocks on stake as 2025 bid round begins
Fifty oil and gas blocks are up for auctioning from today as the 2025 licencing round bid portal come alive today. The auction, spanning multiple basins and terrains, is…
OPEC retains Nigeria’s 1.5mbpd level for 2026
The Organisation of Petroleum Exporting Countries (OPEC) has maintained Nigeria’s oil production quota of million barrels of crude per day (bpd) to December 2026. In a statement, the intergovernmental organisation…
NLNG, NCDMB Partner On Asset Intervention Programme
BY NGOZI ONYEAKUSI Nigeria LNG Limited (NLNG) and the Nigerian Content Development and Monitoring Board (NCDMB) engaged in productive discussions towards collaboration in support of NLNG’s planned revamp and enhancement…
NCDMB Partners Renaissance, First E&P, to Launch Nigerian Engineering Olympiad
BY NGOZI ONYEAKUSI L-R: General Manager, Nigeria Content Development, Renaissance Africa Energy Company Limited, Engr. Lanre Olawuyi, General Manager, Integrated Gas at First E&P, Engr. Yetunde Taiwo, Country Director Enactus…
NLNG’s Metseagharun calls for collective action to address Nigeria’s e-Waste challenge
BY NGOZI ONYEAKUSI The Head of Environment at Nigeria LNG Limited (NLNG), Mr. Weyinmi Metseagharun, has emphasized the need for a collaborative effort to address the growing e-waste challenge in…
Stakeholders’ Retreat, Commits to Deepening Collaboration
BY NGOZI ONYEAKUSI NLNG, in a week-long programme, hosted the leadership of the Nigerian Content Development and Monitoring Board (NCDMB) and other key leaders of the Nigerian oil and…
Court Vacates Asset-Freezing Order Against Nestoil, Directors
In a major legal victory for Nestoil Limited and its affiliates, the Federal High Court in Lagos on Thursday vacated the Mareva injunction that had frozen the company’s assets and…
