Local content fund bumps indigenous vessel ownership by 38%
The Nigerian Content Intervention Fund (NCIF) created in a bid to increase local content is responsible for the 38 percent ...
Friday, March 13, 2026
Tag: Energy
Petrochemicals to account for 33% of oil demand growth by 2030, says IEA
The International Energy Agency has said that petrochemicals will account for more than 33 percent of oil demand growth globally ...
Poland’s largest refiner shows interest in Nigerian crude
Poland’s largest oil refiner, PKN Orlen, is exploring Nigerian crude oil as its new source of supply following the country’s ...
Experts skeptical modular refineries can refine 10% of Nigeria’s crude output
Modular refineries have been described as a cost effective and timely option in comparison with medium and large scale refineries ...
Shale petroleum poses a threat to OPEC member states
Unconventional gas resources (shale gas reserves) have existed for several decades, but its production had been hampered by lack of ...
Nigeria’s major power challenge is getting electricity to the consumer
Rocky Mountain Institute’s James Sherwood and Sachi Garber shared their thoughts with business a.m. BUKOLA ODUFADE on Nigeria’s prospects for ...
Oil independents Aiteo, Eroton, Newcross lose up to 40% of output to vandalisation of Nember Creek line
Aiteo, Eroton and Newcross, three of Nigeria’s oil independents are losing as much as 40 percent of their crude production ...
‘Ultimatum’ as state policy to stop a menace
Nigeria still flares 800 million standard cubic feet of natural gas daily, despite the persistent call for an end to ...
Nigeria’s NNPC thinks clean fuel, signs MoUs with consortium of local, Chinese firms to build on 10 biofuel plants
Nigeria is looking to build more than ten large biofuel plants as the country's oil corporation, Nigerian National Petroleum Corporation ...
Ghana’s Sankofa starts delivery of gas to domestic market
Vitol has reported that the Sankofa field on Ghana’s Offshore Cape Three Points (OCTP) block started delivery of natural gas, ...
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