Tag:energy sector

Elumelu: Oil Theft Losses Fell From 97% to 2% Since 2023

LAGOS — Billionaire businessman and investor Tony Elumelu says oil production losses to theft on assets linked to his operations have fallen sharply, from...

Eyesan Urges Nigeria to Upskill Workforce for New Offshore Opportunities

WARRI — Nigeria must urgently strengthen and upskill its oil and gas workforce if the country is to maximise the investment and employment opportunities...

Shell Pledges Safer Operations as Contractors Sign Leadership Charter

Shell has renewed its commitment to strengthening safety across its operations in Nigeria, as the company brought together chief executives of contracting firms for...

143 Firms Battle For 50 Oil Blocks At NUPRC Bid Meet

ABUJA — A total of 143 companies are set to compete for 50 oil and gas blocks as the Nigerian Upstream Petroleum Regulatory Commission...

Lokpobiri to Regulators: Deliver Investment-Friendly Policies or Lose Global Capital

  Minister of State for Petroleum Resources, Heineken Lokpobiri, has challenged regulators in Nigeria's petroleum industry to create a transparent, predictable and investment-friendly environment or...

TCN Holds Anti-Vandalism Sensitization Campaign in Niger State Community

LAMBATA, Niger State — The Transmission Company of Nigeria (TCN) has conducted an anti-vandalism sensitization campaign in Lambata Community, Gurara Local Government Area, as...

Nigeria Targets 2.5mbpd as Oil Output Rises to 1.8mbpd — Lokpobiri Pushes Accountability, Investment Drive

Abuja — The Federal Government has set a new crude oil production target of over 2.5 million barrels per day as part of efforts...

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Nigeria, Southern Africa Move to Deepen Trade and Economic Cooperation

Nigeria and countries of the Southern African Development Community (SADC) are seeking to deepen economic cooperation in trade, investment,...
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Fake OPay Shutdown Notice: Police Arrest 27-Year-Old Woman

  The Nigeria Police Force National Cybercrime Centre has arrested a 27-year-old woman, Hafsat Abubakar, over the alleged creation and...

Gas-Laden Bus Crashes Into 3 Vehicles, Sparks Panic in Ilorin

  Panic erupted among motorists and residents along Ibrahim Taiwo Road, Ilorin, Kwara State, on Wednesday after a gas-laden Toyota...

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Nigeria, Southern Africa Move to Deepen Trade and Economic Cooperation

Nigeria and countries of the Southern African Development Community...

Fake OPay Shutdown Notice: Police Arrest 27-Year-Old Woman

  The Nigeria Police Force National Cybercrime Centre has arrested...