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09/04/2024

With 90 million Nigerians still without access to electricity, the project targets investment in off-grid solar systems capable of powering rural communities.

This crucial intervention by the European Investment Bank (EIB) unburden Nigerians from wallowing in electricity shortage.

The European Investment Bank (EIB) has approved a $20 million loan for electrification via community mini-grids powered by solar photovoltaic energy, as part of a Series D fund-raising operation launched by the American company, Husk Power.

23/03/2024

The Ministry of Oil and Gas assured it will share the circumstances that led to this accident, and the lessons learned from it at a later date.

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20/03/2024

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12/03/2024

Receiving the suspects and the products from the Navy, EFCC gave repeated assurances of thorough investigation, promising to bring the December, January oil thieves into book.

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07/03/2024

"Relevant approving/prosecuting agencies were notified for sample collection to further ascertain the culpability of the vessel."

I reported the Ghana-bound crude oil vessel seized by Nigerian Navy:

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29/02/2024

Helix provides offshore energy services, with focus on oil well intervention.

Two oilfields marked in Nigeria for exploration:

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27/02/2024

"African energy demand could increase by 30% - compared to 10% in global energy demand - by three decades."

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15/02/2024

"Three of the suspects were arrested at the site of an illegal refinery; buyer of stolen crude, and more, were nabbed."

Economic saboteurs apprehended in Nigeria:

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05/02/2024

"The $2.1 billion project favours the country, because it is Nigeria's gas buyer with 800 million cubic meters (28.3 bcf) imported that year."

Nigeria signs gas deal with prominent Asian nation:

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30/01/2024

"It covers a length of 1,710 kilometres, with an investment of US2.5 billion."

Companies compete neck-to-neck in providing funds for implementation, as two African countries sign new oil deal. Mutayoba Arbogast reports:

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26/01/2024

Senegal, Mauritania, three other countries rank top on list of major gas producers in Africa.

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19/01/2024

"Shell D'Arcy discovered Nigeria’s first oilfield at Oloibiri, present day Bayelsa State in the country's Niger-Delta region in January 1956. The company started oil exports in 1958."

More revelations about Shell Global leaving Nigerian energy industry:

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10/01/2024

"This brings the total crude stock received at the facility to six million barrels of oil since the first cargo arrived in December 2023."

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30/12/2023

"Currently, Uganda has six billion barrels of oil in place, with 1.4 billion barrels considered recoverable."

Oil conglomerates from oli-rich Nigeria gradually breaking jinx in other African countries endowed with oil and gas:

Nigerian energy company, Aiteo has secured a stake in Mozambique’s Mazenga gas block. The deal, formalized through farm-in arrangements with Mozambique’s National Hydrocarbons Company otherwise known as (ENH), positions Aiteo as the operator of the block, which holds some of the largest onshore ...

28/12/2023

"Discovered by Union Oil, several companies stiffly competed to take on the country's only oil field, which has been dormant since 1998. In the tussle were Baobab Energy Africa, founded by former Tullow Energy; including Zenith Energy."

Nigeria's neighbour grants oil exploration to Singapore-based company:

Adedayo OshoAkkrake Petroleum – a subsidiary of the Rex International-Monarch Marine Holding joint venture – has signed a production sharing contract for a 76% operated interest in the Block 1 Sèmè Field at offshore Benin Republic.Seme Town in Benin Republic shares border with Nigeria's southw...

15/12/2023

"Niger’s current oil production capacity is 20,000 bpd, which is mainly sold domestically with some also exported to northern Nigeria."

Military-ruled Niger Republic fashions new route for its oil:

Republic of Niger  has announced it will begin exporting its crude oil through the newly constructed Niger-Benin pipeline in January 2024.

04/12/2023

"While the country witnessed a decline in output in 2022 and 2023, an increase in supply was seen in September and October 2023."

Nigeria's 2024 energy production projected:

Nigeria is targeting the production of up to 1.5 million barrels of crude oil per day (bpd) in 2024, aligning with a production quota proposed for the country by the Organization of the Petroleum Exporting Countries (OPEC).The quota shows a 120,000 bpd increase from initial OPEC targets of 1.38 mill...

23/11/2023

Thrilled to announce the release of my latest article covering the impact of technology on energy development, focusing on innovations employed. It partly explains the undeniable roles of Artificial Intelligence (AI) in our changing world.

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Nature has endowed humans with all resources required to achieve exceptional progress, but has left it to us to put them together. Regrettably, Africa's capacity to develop its own energy technologies has been limited, largely dependent on importation for its economic development, and relies on expe...

25/09/2023

Replying IEA chief: "We're transitioning away from emissions, not from oil and gas," Marlaina Smith, the premier of Alberta in Canada, clarifies.

More comments at the 2023 World Petroleum Congress:

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20/09/2023

"Up till now, we are yet to see NNPC, nobody from the company has visited the community. We can no longer drink the stream water; we can no longer soak our cassava in the stream. We are now relying on sachet water."

Oil community berates Nigeria's multinational oil corporation:

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05/09/2023

"Electrification is a vital issue the Summit dim its searchlight on, particularly because nearly 600 million people on the continent lack access to electricity."

Four other pertinent issues addressed at Africa's Maiden Climate Forum:

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21/08/2023

"Thousands of kilometres from Washington D.C in US, diasporans walked the talk which propelled pressure for the release of the trio over ports' issue."

Mass demonstration by Tanzanian nationals at the country's embassy in Washington DC, United States of America, on Friday 18th of August, 2023, intensified pressure for the release of retired diplomat Wilibrod Slaa, Boniface Mwabukusi and Mdude Maluka Nyagali, who were held by the law enforcement age...

16/08/2023

"92 of the 96-member crew are currently accounted for, with three other rig personnel, still missing."

Dark week in Nigerian energy industry:

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14/08/2023

"Any attempt by NNPC to forcefully resume oil production in the area by sponsoring some individuals and politicians, will be resisted by the people."

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08/08/2023

"Tanzania Bus Owners Association (TABOA), decried the increase in prices of diesel and petrol will inadvertently pull them out of business."

Fuel price creates tension in DaresSalaam, and beyond:

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29/07/2023

"Igwebueze disclosed the Commandant General of NSCDC, Abubakar Audi deployed him to the State in order to safeguard all critical national assets and infrastructures."

Another set of oil-thieves arrested by Civil Defence Corps:

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24/07/2023

Sponsored by the Nigerian Content Development and Monitoring Board (NCDMB), a lawyer, Uyi Osemwegie (Esq.) emerged as the overall winner of the golf tournament during the 2023 NOG Energy Week Conference & Exhibition.

Expose into activities at the recently concluded Nigerian Oil & Gas Conference 2023:

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17/07/2023

"Victims of the section includes Port Harcourt Refinery; Indorama-Eleme Petrochemicals Limited; Oil and Gas Free Zones Authority (OGFZA); Federal Ocean Terminal; Naval Training College, amongst other notable government institutions."

NNPC Limited in the eye of the storm:

The Chairman of Eleme Local Government Area of Rivers State, Mr. Obarilomate Ollor, has issued 14-days ultimatum to the Nigerian National Petroleum Company Limited (NNPC) to release funds for the construction of Eleme axis of the East-West Road, or face the wrath of the people.

05/07/2023

"The bills imposed on the two tanker owners are based on a newly created law which imposes tax liability on merchant tankers operating in Nigeria."

Adedayo Osho exposes the fundamentals of the "New Back Taxes" levied on tanker owners in Nigeria: https://oilandgasgoodness.com/new-policy-nigeria-slams-two-tanker-owners-heavy-bills

Nigerian authorities have added another potential compliance risk for tanker owners. It is tagged the "newly assessed back taxes."

27/06/2023

"Nigeria’s oil producing states are Abia, Akwa Ibom, Anambra, Bayelsa, Delta, Edo, Imo, Ondo, and Rivers."

Breakdown of allocation to states hosting Nigeria's oil in May 2023: https://oilandgasgoodness.com/nine-oil-producing-states-revenue-in-may-2023

The nine oil-producing states in Nigeria received N22.86 billion as 13 percent oil derivation fund for the month of May 2023, according to the Federation Account Allocation Committee (FAAC).