Mambila Project: ICC Tribunal Rejects Sunrise Power’s $680m Arbitration Claim Against Nigeria
Nigeria has secured a major victory in its long-running legal dispute with Sunrise Power and Transmission Company Limited after an
Read more
Energy
NLNG Completes Train 7 Construction, Eyes Bigger Global Market Share
Nigeria LNG Limited has completed construction work on its Train 7 project, marking a major milestone in the company’s expansion
Read more
Dangote Upstream Unit Eyes Production Surge, Gas Monetisation Within Two Years
The upstream company has contracted three jack-up rigs and plans to begin drilling in December as it pursues sustained production,
Read more
NNPC Profit Plunges 67% to N297bn as July Revenue Slides
The Nigerian National Petroleum Company Limited reported a profit drop to N297 billion in July from N905 billion in the
Read more
Dangote Refinery Threatens Supply Cut to Marketers Still Importing Fuel
The Dangote Petroleum Refinery and Petrochemicals is reportedly preparing to impose strict sales restrictions on major fuel marketers who continue
Read more
Tinubu: NLNG Train 7 Key to Nigeria’s Gas-Led Economic Future
President Bola Tinubu has described Nigeria LNG Limited’s Train 7 Project as central to the country’s gas-led economic ambitions, saying
Read more
Dangote Refinery Warns Fuel Imports Are Pushing Local Production Into Export Markets
The Dangote Petroleum Refinery and Petrochemicals has raised concerns over the continued issuance of petroleum product import licences, saying the
Read more
$20bn Bonga Southwest Project Nears FID as NNPC, Shell, Others Sign Key Agreements
…Development targets 175,000 barrels of oil daily …Preferred FPSO contractor emerges as project completes Pre-FEED The Nigerian National Petroleum Company
Read more
$1bn Usan Infill Project Takes Off as Ultra-Deepwater Drillship Arrives in Nigeria
ExxonMobil Advances $1bn Usan Project as Ultra-Deepwater Drillship Arrives in Nigeria An ultra-deepwater drillship Noble Gerry de Souza has arrived
Read more
‘Transmission Frustrates Me’ — Transcorp CEO Says N500m Lost in One Day on Grid Fault
A fault on Nigeria’s electricity grid on Tuesday knocked 10 Transcorp turbines offline and prevented more than 200 megawatts of
Read more