The Nigerian National Petroleum Company (NNPC) Ltd. has reiterated its commitment towards utilising Nigeria’s abundant gas resources to trigger Nigeria’s industrialisation and economic development. NNPC Ltd.’s Executive Vice President, Upstream, Mrs. Oritsemeyiwa Eyesan, disclosed this during a Panel Session at the ongoing 2024 CERAWeek Conference in Houston, the United States, on Tuesday. Eyesan, whose session […]

The Energy Secretary has taken a common-sense decision to shore up the UK’s energy supply as the nation transitions to net zero. In a plan set out today, the Government has committed to support the building of new gas power stations to maintain a safe and reliable energy source for days when the weather forecast […]

GE Vernova a purpose-built company driving electrification and decarbonization, has highlighted its commitment to accelerating Nigeria’s sustainable energy transition journey through its key operating segments including power (gas, nuclear, hydro, steam), wind (onshore, offshore) and electrification (transmission, distribution, conversion, storage, and orchestration of electricity). With a presence of over 100 years in Nigeria, GE Vernova […]

The Nigerian Minister of State Petroleum Resources (Gas), Rt. Hon. Ekperikpe Ekpo has recently hosted top officials of Shanghai Huayi Energy Chemical Company Group of China (HUAYI) and China Road and Bridge Corporation in his office. The visit of Chinese to the nation’s Petroleum Minister of Gas as was disclosed in his X handle, was […]

The Honorable Minister of State for Petroleum Resources (Gas) Hon. Ekperikpe Ekpo has described the 7th edition of the Nigeria International Energy Summit (NIES 2024) as highly esteemed gathering of energy stakeholders by providing a crucial platform for the exchange of ideas and strategies that will shape the future of our nation’s energy sector. With […]

Woodside has signed a sale and purchase agreement (SPA) with Korea Gas Corporation (KOGAS) for the long-term supply of liquefied natural gas (LNG) to Korea. The SPA provides for the supply of approximately 0.5 million tonnes per annum of LNG for a period of 10.5 years on a delivered basis, commencing in 2026 subject to […]

The U.S. Energy Information Administration (EIA) estimates that U.S. natural gas consumption reached a record high in January at 118 billion cubic feet per day (Bcf/d). A burst of cold weather increased demand for heating and reduced natural gas production, which led to high inventory withdrawals. According to its February Short-Term Energy Outlook (STEO), EIA […]

Release by Scatec (Release), has signed a USD 100 million loan agreement with the World Bank’s International Finance Corporation (IFC). The loan agreement is part of a larger partnership to provide a simpler, more affordable, and cleaner offering of power to African utilities, which also includes a USD 65 million guarantee facility to support the […]

Africa’s geothermal sector will attract at least $35 billion in investments by 2050, showing the critical role geothermal is set to play in meeting the continent’s rapidly growing energy demand. Rystad Energy’s latest projections reveal this significant investment will see Africa’s installed geothermal capacity surpass Europe by the end of the decade. Despite being home […]

Transit Gas Nigeria Limited (‘TGNL’), a subsidiary of Axxela in a joint venture partnership with NNPC Gas Marketing Limited (‘NGML’), has commissioned a 150 MMSCFD Natural Gas City Gate facility in Ibefun to supply natural gas to industrial and commercial clusters in Ogun State, and other surrounding neighbourhoods in Nigeria’s Southwest region. The newly developed […]