Shell Petroleum B.V. has agreed to sell its entire stake in Shell Nigeria Gas Group to indigenous energy company Vaaris Energy Limited, ending its direct involvement in domestic gas distribution in Nigeria. The transaction, which is subject to regulatory approvals and other conditions, covers Shell Nigeria Gas Holding B.V.,...
Energy
Managing Director Shell Nigeria Exploration and Production Company of Nigeria Limited (SNEPCo) Ronald Adams, has said Nigeria must sustain the momentum of reform, accelerate investment, and deepen partnership to secure a bright energy for her teeming population. Adam stated this over the weekend while delivering a keynote address at...
There is a point at which a country’s electricity problem ceases to be merely an electricity problem. It becomes a problem of economic geography. Where can factories operate with confidence? Where can businesses plan beyond the next appearance of a generator? Where can hospitals, schools, technology companies, markets and...
Dangote Petroleum Refinery & Petrochemicals has increased its crude oil processing capacity to 700,000 barrels per day (bpd) in a performance test conducted by the Process Licensors, marking a significant milestone in the facility’s operational expansion and further cementing its position as World’s Largest Single Train Petroleum Refinery. The...
Last week, the Group Chief Executive Officer of Nigeria National Petroleum Company (NNPC) Ltd., Engr. Bashir Bayo Ojulari, received in audience the President and Chairman of the Board of Directors of the African Export-Import Bank (Afreximbank), Dr. George Elombi, at the NNPC Towers, Abuja. NNPC Ltd. set out its...
As demand grows for cleaner and more cost-effective energy solutions, Shell Nigeria Gas (SNG) has rallied industry leaders and investors in Port Harcourt to accelerate the adoption of natural gas as a catalyst for industrial growth, improved productivity, lower operating costs, and stronger business competitiveness. The forum coincided with...
Shell Nigeria Exploration and Production Company Limited (SNEPCo) has been recognised for its pioneering role in oilfield development projects at the 9th Nigeria International Energy Summit (NIES) which held in Abuja last week. The award for “Best Oilfield Development Projects” applauds SNEPCo’s leadership in Nigeria’s deep-water sector, having commenced...
Renaissance Africa Energy Company Limited has called for an urgent overhaul of operational efficiency and accelerated upskilling of Nigeria’s youthful energy workforce to unlock the country’s competitive advantage in the global energy market. Speaking at the 43rd annual international conference of the Nigerian Association of Petroleum Explorationists (NAPE) in...
Nick AguleEmail: nick.agule@yahoo.co.ukX: @NickAguleFacebook: Nick Agule, FCALinkedIn: Nick Agule When President Tinubu was elected in 2023, I was genuinely optimistic that energy would top his agenda. The expectations were well-founded – President Tinubu’s background as both an oil industry professional and a finance expert is a rare and potent...
Vice President, Senator Kashim Shettima, has said Nigeria’s energy transition journey under the administration of President Bola Ahmed Tinubu is unlocking an investment opportunity of over $410 billion between now and 2060 to position the nation as the heartbeat of Africa’s renewable energy revolution. According to him, over $23...
By OLA MODUPE, Lagos – Chairman of off-grid impact investment company All On, and Managing Director of Shell Nigeria Exploration and Production Company Ltd (SNEPCo), Ronald Adams, has identified bold investments as what Nigeria needs to address the energy deficit that affects millions of households and industries. He stated...
Shell Nigeria Exploration and Production Company Ltd (SNEPCo), has hosted young professionals from Nigeria and other African countries at its offices in Lagos, as it continues to support the growth of future leaders in the energy industry on the continent. The 25 engineers and geologists from Nigeria, Cameroun, Chad,...
Managing Director and CEO of Renaissance Africa Energy Company Limited, Mr. Tony Attah, has identified extensive and deliberate collaboration with government and other stakeholders in the Nigeria oil and gas industry, to create an investment- attracting environment. According to Attah, this strategy would enable Nigeria to better utilise its vast...
By EMMANUEL ANKELI, Sokoto – Vice Chancellor of Usmanu Danfodiyo University, Sokoto (UDUS), Professor Bashiru Garba, has emphasized that achieving meaningful development in. Nigeria without sustainable energy is impossible. In his inaugural lecture, “Chemistry, Energy and Industrialization: The Tripod of Sustainable Development,” Prof. Bashiru stressed the critical role energy...
By DAVID IORJA, Abuja – The Managing Director of Sahara Group, Mr Kola Adesina, has expressed strong confidence in President Bola Ahmed Tinubu’s bold energy sector reforms. In an interview for an upcoming State House TV documentary marking the second anniversary of President Tinubu’s administration, Adesina lauded the government’s...
The Nigerian National Petroleum Company Limited (NNPC Ltd.) and Dangote Petroleum Refinery and Petrochemicals have pledged to deepen collaboration on Nigeria’s energy security. The aim according to them is to also advance shared prosperity for Nigerians. The commitment was made during a courtesy visit by the President/Chief Executive of...
Shell Nigeria Exploration and Production Company Ltd (SNEPCo,) one of the sponsors of the Oloibiri Lecture Series and Energy Forum (OLEF) has commended it as a platform for driving change in Nigeria’s energy sector through the discussions that centre on business performance, cost discipline and process simplification. “This event...
Seplat Energy Plc has said it is increasing domestic gas supply in Nigeria by installing over 850 million standard cubic feet per day (MMscfd) of infrastructure. Chief Operating Officer, Mr Samson Ezugworie, stated on Sunday that the company is working diligently to address Nigeria’s persistent energy poverty. Ezugworie confirmed...
President Bola Ahmed Tinubu’s removal of fuel subsidy on May 29th, 2023, will always be remembered for its audacity. And the President himself will be in history books for his uncommon courage. Now, less than two years later, the alternative is steadily paying-off, not only for motorists and transporters,...