Archives for ENERGY
Togo moves to increase electricity imports from Nigeria
The Republic of Togo has expressed interest in increasing its electricity purchases from Nigeria’s Niger Delta Power Holding Company to meet rising demand and extend reliable electricity supply to newly…
NUPRC moves against dormant oil licences
Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Oritsemeyiwa Eyesan, has declared that the era of oil companies holding on to prospecting licences without developing the assets is…
33 Young Engineers Begin Training in Pipeline Pigging, Corrosion Control
BY NGOZI ONYEAKUSI Thirty-three young graduates of engineering, geology and related disciplines on Friday in Port Harcourt, Rivers State, underwent opening formalities for a 12-month training programme in pipeline engineering,…
NLNG Empowers 40 Journalists Through Change Your Story Workshop
BY NGOZI ONYEAKUSI Dr. Sophia Horsfall, NLNG’s GM, External Relations & Sustainable Development (4th left), and Anne-Marie Palmer-Ikuku, Manager, Corporate Communication and Public Affairs (3rd left), with the NLNG team…
Need to Diversify Nigerian Economy: Paradigm Shift from Overdependence on Oil
Nigeria has long been an oil-dependent economy. For decades, crude oil has dominated the country’s export earnings, government revenues, and fiscal planning. Yet, this over reliance exposes the nation to…
OPEC+ raises oil quotas amid Middle East tension
Key members of the Organisation of Petroleum Exporting Countries and their allies, jointly known as OPEC+, on Sunday announced a higher-than-expected increase in production quotas following United States and Israeli…
Crude-backed loans gulped N8.36tn of 2025 revenue
About per cent of Nigeria’s crude oil production in 2025 was likely committed to servicing crude-backed loan facilities, based on estimates derived from disclosures in the Nigerian National Petroleum Company…
Oil&gas: Nigeria tightens local content rules, rejects 186 expatriate slots
The Federal Government through the Nigerian Content Development and Monitoring Board (NCDMB) has stated that it approved 1,417 of the 1,603 expatriate quota applications it processed recently. A total of…
NCDMB Builds Capacity in Health Sector, Donates Hi-tech Equipment, Simulators to Bayelsa Medical University
BY NGOZI ONYEAKUSI A state-of-the-art Clinical Skills and Simulation Laboratory, fully equipped by the Nigerian Content Development and Monitoring Board (NCDMB), was on Friday commissioned at the Bayelsa Medical University…
NNPC to begin export of new crude oil grade in March
The Nigerian National Petroleum Company Limited (NNPCL) says it will start exporting a new light, sweet crude grade called Cawthorne from March. According to Reuters, an NNPC spokesperson said this…
