guardian.ng energy news headlines

Nigerias petrol import from Malta surges by 342% to $2.08 billion

Amid the ongoing faceoff between Chairman of Dangote Group, Aliko Dangote, and regulators of the countrys oil and gas sector, Nigerias petroleum products import from Malta has surged 43 folds and increased by 342 per cent in 2023 to $2.08 billion. The post Nigerias petrol import from Malta surges by
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26 Jul 2024

Gas flaring reduced by 97% in 10 years, says Chevron

Chevron Nigeria, yesterday, revealed that through investments in gathering and processing of associated gas, routine flaring has been reduced by over 97 per cent in the past 10 years in its operations. He said this at a training programme on business and finance organised by the Nigeria Union of Jou
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25 Jul 2024

Dangote-NMDPRA conflict heightens investment risks

Backing Dangote essential for Nigerias economic growth, Atiku, Obi, Otedola tell FG Reps demand suspension of NMDPRA chief over alleged sabotage Gabon President invites Dangote to invest in cement, fertilser production Amid the ongoing imbroglio concerning the Dangote Refinery, former Vice President
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24 Jul 2024

Agbakoba seeks oil sector reform, urges Tinubu to step down as petroleum minister

Former National President of the Nigerian Bar Association (NBA), Dr Olisa Agbakoba (SAN), has called on the Federal Government to review laws guiding exploration of oil and gas in the country. He also called on President Bola Ahmed Tinubu to relinquish his hold on the office of the Minister of Petro
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13 Jul 2024

Shell, Ardova reiterate commitment to productivity in energy sector

To boost productivity in the energy sector Ardova Plc and Shell International, have underscored the role of energy solutions in enhancing productivity, and driving growth within the Nigerian business landscape. The firms stated this at the inaugural Shell Power Conference, with the theme: 'Powering
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12 Jul 2024

FG begins CNG conversion, promises 50% reduction in transport cost

Agbakoba: Fuel scarcity shows PIA is inefficient The Federal Government, yesterday, in Abuja commenced the conversion of vehicles to run on Compressed Natural Gas (CNG), targeting to transit one million automobiles to run on gas in the next three years. Expecting to take off with 20,000 kits, which
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12 Jul 2024

Higher tariff worsens MDAs' electricity backlog, threatens supply

•Stakeholders raise concerns, urge immediate intervention •LUTH seeks band downgrading over N252 million monthly bill Debt owed by Ministries Departments and Agencies (MDAs) to electricity distribution companies (DisCos) has spiked following the increase in electricity tariff for customers under ban
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12 Jul 2024

U.S. mobilises $4.5 billion for renewable energy

The United States government, yesterday, said nearly $4.5 billion had been mobilised for on-grid and off-grid power projects in Nigeria, and over 200 private companies in the off-grid sector have received assistance through its Power Africa Initiative. While World Resources Institute (WRI) reports t
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11 Jul 2024

'Why we should be more worried about low oil exploration than production'

Samuel Olotu, the Chief Technical Officer of Lekoil Nigeria Limited, is a seasoned geoscientist with over 25 years of experience in asset management, field development, reservoir management, seismic data processing and interpretation. In this interview with KINGSLEY JEREMIAH, Olotu discusses paths t
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11 Jul 2024