Category: Energy

‘Since Feb,’ Port Harcourt Refinery Not Producing Fuel 3 Months Before Shutdown

ADEOLA YUSUF

  . ‘Shutdown after $1.5bn rehabilitation Is Face Saving, Has No Effect On Supply,’ Marketers Open Up on refinery NNPCL declared operational in November, 2024 The Independent Petroleum Marketers Association of Nigeria has said the Nigerian National Petroleum Company Limited had to shut down the Port Harcourt Refining Company to save its face. IPMAN said the facility’s shutdown is insignificant to the Nigerian petrol market, stressing that the plant did not produce petrol for about three months before its eventual shutdown. This is even as the Petroleum Products Retail Outlet…

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‘Six Months After $1.5bn Rehabilitation,’ NNPCL Shuts Down Port Harcourt Refinery

ADEOLA YUSUF

    ‘November 26 To May 24,’ details of ‘scheduled maintenance and sustainability assessment’ that will take the 60,000 barrels daily capacity refinery off circulation     The Nigerian National Petroleum Company Limited (NNPC Ltd) on Saturday announced a scheduled maintenance shutdown of the Port Harcourt Refining Company (PHRC), beginning on May 24, 2025. Platforms Africa reports that the refinery began truck loading of petroleum products on Tuesday 26 November after a rehabilitation that gulped $1.5 billion. Chief Corporate Communications Officer, Femi Soneye, who confirmed the shutdown in a statement…

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‘What They Couldn’t Do To China,’ How Shell, Chevron, Others Exploited Nigeria’s Weak Law – Jonathan

Ganiyu Amodu

“‘Not a NASS Of Voice Votes,’ Two Third of Lawmakers Passed Nigerian Content Law When National Assembly was Vibrant,” You want to read the key things the former President said in Bayelsa venue of Champions of Nigerian Content Awards     Nigeria’s former President, Goodluck Jonathan, has declared that the Western crude oil exploration companies in Nigeria took undue advantage of the country’s weak law at the early stage of hydrocarbon search and production. Mentioning Shell, Chevron and Agip, the first president from the oil-rich Niger Delta region of the…

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1.8mbopd OPEC Quota; Nigeria Demands Human Capacity Devt Revamp From 54 Producers

ADEOLA YUSUF

  . ‘Aspiration to Execution,’ NCDMB’s Executive Secretary Gives Updates On Local Content Milestones At NOGOF 2025   Nigeria has demanded the revamp of human capacity development (HCD) by the 54 producers in the country to actualise the production aspiration incluing the 1.8 million barrels per day oil production quota given to the country by the Organisation of Petroleum Exporting Countries (OPEC). The Executive Secretary of the Nigeria Content Development and Monitoring Board (NCDMB), Engineer Felix Omatsola Ogbe, who said this in an address at the 2025 Nigeria Oil and…

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‘If Nigerian Content Fails, Africa Fails,’ Oil Minister Declares At NOGOF

ADEOLA YUSUF

. Says Youths not just the future but also already in the driver’s seat   Senator Heineken Lokpobiri, Minister of State for Petroleum Resources (Oil), has reaffirmed the Nigerian Government’s commitment to leveraging local content as a strategic tool for industrialization, innovation, and inclusive economic growth in Nigeria. Platforms Africa reports that Lokpobiri made this declaration while delivering his keynote address at the 2025 Nigerian Oil and Gas Opportunity Fair (NOGOF), ongoing in Yenagoa, Bayelsa State. The Minister stated that the Nigerian Content Development and Monitoring Board (NCDMB), has transitioned…

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‘7,000 Policymakers, Professionals From Over 85 Countries;’ Preps Heightened For NOG Energy Week 2025

ADEOLA YUSUF

  “Confab To Convene Global Energy Leaders In Nigeria To Advance Investment, Innovation, And Energy Security,” What Wemimo Oyelana wants oil industry stakeholders to know about Nigeria’s flagship oil and gas confab   7,000 oil industry leaders, policymakers, and professionals from over 85 countries have been confirmed for the NOG Energy Week 2025. This came as preparations were heightened for the conference airmed at Convening Global Energy Leaders In Nigeria To Advance Investment, Innovation, And Energy Security. “As the largest energy gathering in Sub-Saharan Africa, NOG Energy Week will bring…

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Electricity Subsidy Balloons Govt’s Debts To N800bn – Senate

Ganiyu Amodu

The Senate Committee on Power has raised concerns over the liquidity crisis bedeviling the power sector, lamenting that the tariff shortfalls in the industry have indicated that the government owes about N200bn to electricity generating companies every month. The committee disclosed that since this year, the government has not paid the power producers, and that this has raised the debt to about N800bn. The Chairman of the Committee, Senator Enyinnaya Abaribe, disclosed this while fielding questions from journalists during a retreat held in Ikot-Ekpene, Akwa Ibom State, on Saturday. The…

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Politics, Petroleum, and the Perpetual Northern Basin Search, By Wumi Iledare

ADEOLA YUSUF

    As Nigeria inches closer to the 2027 general elections, familiar patterns are beginning to emerge — not least of which is the renewed spotlight on oil and gas exploration in the Northern Basins. It is a recurring ritual, timed with uncanny precision to coincide with electoral cycles. The narrative is almost always the same: “historic discovery,” “untapped reserves,” and the promise of economic transformation. But a closer look reveals that these announcements often lack technical depth and regulatory backing. Under the Petroleum Industry Act (PIA), the Minister of…

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‘NOGIC Pathfinder,’ Jonathan Receives Book on Local Content Strategic Communication

ADEOLA YUSUF

    . The ex-president and the Symbolism of presenting to him copies of the book on local content, a brainchild of NOGIC Act he signed into law in 2010 +What to Know About the 267-Page Book Authored By NCDMB’s Spokesperson, Obinna Ezeobi, Ph.D     Former President Goodluck Jonathan was on Thursday presented with copies of the trending book “Nigeria’s Local Content: A Journey of Strategic Communication and Economic Transformation, written by Dr Obinna Ezeobi. Platforms Africa reports that Ezeobi authored the book before his promotion by the board…

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Nigeria’s Renaissance Energy Halts Production On One Line Of Trans Niger Oil Pipeline

Ganiyu Amodu

Nigerian oil firm Renaissance Energy has halted production on one line feeding into the Trans Niger oil pipeline, a major oil artery transporting crude from onshore oilfields to the Bonny export terminal, following an operational incident, it said on Friday. An environmental rights group said on Thursday that the pipeline burst on May 6 and spilled oil into the local B-Dere community in Ogoniland, the second such incident affecting the pipeline in two months. The halted pipeline goes through B-Dere community to join the Trans Niger Pipeline. Nigerian oil consortium…

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