energy sector

Inside the Groundbreaking $400M Crude Oil Terminal in Rivers: Prof. Adegbulugbe Reveals the Vision Behind This First-of-Its-Kind Project
Professor Anthony Adegbulugbe, Chairman of Green Energy International Limited (GEIL), has revealed that the company’s pioneering $400 million indigenous onshore Otakikpo Terminal in Rivers State...

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Politics Today
2 months ago2 months ago

Professor Anthony Adegbulugbe, Chairman of Green Energy International Limited (GEIL), has revealed that the company’s pioneering $400 million indigenous onshore Otakikpo Terminal in Rivers State is set to transform Nigeria’s oil and gas sector. In an exclusive discussion with journalists in Abuja, the GEIL CEO emphasized that the Otakikpo Terminal represents a long-awaited breakthrough after...

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Ossiomo Power Plant Management Denies Shutdown Rumors, Assures Continuous Operation
The management team at Ossiomo Power Plant has confirmed that it has disbursed over ₦2 billion to its Chinese collaborator, Jiangsu Communication Clean Energy Technology...

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Politics Today
2 months ago2 months ago

The management team at Ossiomo Power Plant has confirmed that it has disbursed over ₦2 billion to its Chinese collaborator, Jiangsu Communication Clean Energy Technology (CCETC), since the facility began operations. In a phone interview conducted two weeks ago, a CCETC representative, who identified himself as Mr. ‘W’, stated that the directive to halt operations...

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DAPPMAN Blasts Dangote Refinery Over Controversial Petrol Price Cuts
The Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) has expressed strong opposition to the Dangote Refinery’s recent initiative to lower petrol prices, cautioning...

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Politics Today
2 months ago2 months ago

The Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) has expressed strong opposition to the Dangote Refinery’s recent initiative to lower petrol prices, cautioning that such a move could disrupt the stability of the fuel market. Recently, the private refinery declared that starting Monday, September 15, petrol prices would drop to N841 per litre...

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Petroleum Marketers Assert They Supply 68% of Nation’s Fuel, Challenge Dangote’s Capacity Claims
The Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) has challenged claims made by the Dangote Refinery regarding its ability to single-handedly meet Nigeria’s...

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Politics Today
2 months ago2 months ago

The Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) has challenged claims made by the Dangote Refinery regarding its ability to single-handedly meet Nigeria’s fuel demands amid the ongoing strike by petroleum tanker drivers. On Tuesday, Anthony Chiejina, a representative of the refinery, asserted that there was “no fuel shortage” and that refinery operations...

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Tinubu Calls on Extractive Firms to Lead the Charge in Low-Carbon Transition
President Bola Ahmed Tinubu has called on Nigeria’s extractive industries to embrace environmentally friendly and sustainable methods that align with the global shift towards cleaner...

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Politics Today
2 months ago2 months ago

President Bola Ahmed Tinubu has called on Nigeria’s extractive industries to embrace environmentally friendly and sustainable methods that align with the global shift towards cleaner energy. Speaking at the International Conference on Petroleum, Environment, Solid Minerals and Security (ICPESMS 2025) held in Abuja, Tinubu emphasized the importance of adopting a low-carbon development path, implementing circular...

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Chinese Investors Set to Transform Katsina State with $720 Million Boost in Agriculture and Renewable Energy Projects
Chinese Investors Target $720 Million in Agriculture and Renewable Energy Ventures in Katsina State Expanding Foreign Investment in Northern Nigeria A delegation of twenty-five Chinese...

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Business Updates
3 months ago3 months ago

Chinese Investors Target $720 Million in Agriculture and Renewable Energy Ventures in Katsina State Expanding Foreign Investment in Northern Nigeria A delegation of twenty-five Chinese investors, spearheaded by China Overseas Engineering Group (COVEC), recently conducted site visits across Katsina State to evaluate opportunities in agriculture and renewable energy sectors. These prospective projects, collectively valued at...

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NNPCL Teams Up with Private Refiners to Revive Struggling Refineries – Ojulari Reveals Bold Rescue Plan
NNPCL Embraces Private Partnerships to Revitalize Nigeria’s State-Owned Refineries The Nigerian National Petroleum Company Limited (NNPCL) has officially announced its intention to collaborate with private...

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Politics Today
3 months ago3 months ago

NNPCL Embraces Private Partnerships to Revitalize Nigeria’s State-Owned Refineries The Nigerian National Petroleum Company Limited (NNPCL) has officially announced its intention to collaborate with private refining firms as part of a strategic initiative to restore the country’s dormant state-owned refineries. This move signals a shift towards sustainable and commercially viable refinery operations after years of...

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NNPC Under Siege: Ojulari Sounds the Alarm on Ongoing Attacks
NNPC Ltd Faces Heightened Criticism Amidst Calls for Leadership Change Recently, the Nigerian National Petroleum Company Limited (NNPC Ltd) has been at the center of...

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Politics Today
3 months ago3 months ago

NNPC Ltd Faces Heightened Criticism Amidst Calls for Leadership Change Recently, the Nigerian National Petroleum Company Limited (NNPC Ltd) has been at the center of public controversy, as widespread protests have erupted demanding the ousting of Mr. Ojulari. Accusations of corruption and poor administrative practices have fueled these calls, intensifying pressure on the company’s leadership....

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Cross River Ignites Economic Boom by Unlocking Vast Gas and Solid Mineral Treasures
Cross River State Initiates Major Development in Gas and Mineral Resource Exploration In a significant move to harness its abundant natural resources, Governor Bassey Otu...

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Politics Today
3 months ago3 months ago

Cross River State Initiates Major Development in Gas and Mineral Resource Exploration In a significant move to harness its abundant natural resources, Governor Bassey Otu of Cross River State announced a new strategic collaboration on Tuesday in Calabar. The partnership, forged with Pana Holdings, aims to systematically develop the state’s extensive gas reserves and solid...

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Petrobras Set to Make a Comeback in Nigeria Following Five New MOUs Signed Between Nigeria and Brazil
Petrobras Set to Re-Enter Nigerian Market Following Strategic Agreements In a significant development for Nigeria-Brazil relations, the Nigerian government has inked five Memoranda of Understanding...

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Politics Today
3 months ago3 months ago

Petrobras Set to Re-Enter Nigerian Market Following Strategic Agreements In a significant development for Nigeria-Brazil relations, the Nigerian government has inked five Memoranda of Understanding (MOUs) with Brazil, paving the way for enhanced bilateral cooperation. Among the key outcomes is the anticipated return of Petrobras, Brazil’s leading energy corporation, to Nigeria’s oil and gas sector....

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