Category: Energy

Firm Deepens CSR Investment With Solar Lights, Others In Host Community

ADEOLA YUSUF

Multisub Energy Limited, an indigenous Oil and Gas exploration and production company, in partnership with the Olure Host Communities’ Development Trust (OHCDT) has commissioned a school furnishing project in Eghoro Community and the installation of 70 street lights in Safa/Ogbin bloc of communities, in Warri North LGA, Delta State. The Abokunwa Primary School in Eghoro was equipped with 50 students’ desks, teachers’ tables and chairs, magic boards and a 120-meter walkway to improve access to quality education in the area. Speaking at the event Chairman and Managing Director of Multisub,…

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Axxela Reaffirms Commitment to Energy Security, Industrialisation, Sustainability

ADEOLA YUSUF

Axxela Limited, a gas and power solutions provider in sub-Saharan Africa, has reiterated its commitment to enhancing energy security, driving industrialisation, and promoting environmental sustainability in Lagos State. Axxela made this pledge during a visit to Lagos State Governor, Babatunde Sanwo-Olu, at the Lagos House, Marina. Through one of its subsidiaries, Gaslink Nigeria Limited, Axxela has pioneered private-sector natural gas distribution, significantly expanding gas infrastructure in Lagos by over 170m spanning key industrial hubs, including Ikeja, Ilupeju, Isolo, Ijora, Apapa, Tin Can, Victoria Island, and Eko Atlantic. With ongoing expansion…

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Another Explosion Hits Gas Facility In Rivers

ADEOLA YUSUF

Just days after a major explosion rocked the Trans Niger Pipeline in Bodo, Gokana Local Government Area of Rivers State, another blast has been reported at the Soku oil facility in Akuku Toru Local Government Area. The Youths and Environmental Advocacy Centre (YEAC-Nigeria), a grassroots organization active in the Niger Delta region, confirmed the incident on Sunday. In a statement signed by its Executive Director, Dr. Fyneface Dumnamene Fyneface, the group said the explosion occurred early in the morning and was reported by its network of youth volunteers. According to…

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NLNG To Improve Operational Efficiency Of LPG Supply In Nigeria

ADEOLA YUSUF

Nigeria Liquefied Natural Gas Limited (NLNG) has expressed its commitment to working closely with its stakeholders to improve operational efficiency in its domestic Liquefied Petroleum Gas (DLPG) supply to the country. At an engagement session recently with stakeholders in Lagos, NLNG highlighted its plans to enhance engagement and improve operational efficiency of its LPG supply through digitalisation of some of its processes which include a new platform designed to streamline regulatory processes, optimise risk management, and enhance the buyer experience. The platform is designed to feature IT-supported relationship management, automated…

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Dangote Suspends Petrol Sale in Naira

ADEOLA YUSUF

‘Dear customers,’ full statement the company issued, real reason the firm gave   Dangote Petroleum Refinery and Petrochemicals has suspended the sale of petrol and other products to marketers in Naira. Platforms Africa reports that the management of the major oil mid-stream company announced the development in a statement it issued to the media on Wednesday. It said the development was as a result of the fact that it no longer receives crude from the Nigerian National Petroleum Corporation in Naira. It said: “We wish to inform you that, Dangote…

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Fuel For Fools: Tinubu’s Gift To A Backstabbing Niger Exposes Nigeria’s Peculiar Foreign Policy Mess, By Confidence McHarry

ADEOLA YUSUF

The recent decision by Nigeria to provide urgent fuel and energy supplies to Niger, a nation grappling with a severe crisis, has reignited long-standing debates about the effectiveness of Nigeria’s foreign policy. This move, executed with seemingly little hesitation, directly contradicts the growing calls for a more pragmatic, less altruistic approach to regional engagements. For decades, Nigeria’s foreign policy has been characterised by an Afrocentric “big brother” mentality, a stance that many argue has failed to yield commensurate benefits. This policy, rooted in a desire to champion African solidarity, has…

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450,000 Barrels Daily TNP Shut As Explosion Rocks Nigeria’s Largest Oil Pipeline 

ADEOLA YUSUF

‘Few Days After Takeover,’ details of incident on the 180 kilometers (112 miles) long asset newly bought by Renaissance Africa Energy Company Limited as part of SPDC acquisition    An explosion has struck the Trans-Niger Pipeline, one of Nigeria’s largest oil pipelines, causing significant disruption and raising concerns about environmental damage and economic losses. The incident, which occurred in Rivers State, is the latest in a series of political crises plaguing the country’s oil infrastructure. The explosion, reported late Monday evening sent plumes of thick smoke into the sky, visible…

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NCDMB Probes Sterling Oil Over Alleged Expatriate Quota Violations

ADEOLA YUSUF

. PENGASSAN President, Festus Osifo, has staged a protest at SEEPCO HQ, accusing the company of alleged anti-labour practices and expatriate abuses   The Nigerian Content Development and Monitoring Board (NCDMB) has reaffirmed its commitment to enforcing local content laws in the oil and gas sector, following allegations of expatriate quota violations by Sterling Oil Exploration and Energy Production Company (SEEPCO). Platforms Africa reports that the President of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), Mr. Festus Osifo, recently staged a protest at SEEPCO’s headquarters in…

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TotalEnergies Probed Over Mozambique Attack

ADEOLA YUSUF

French prosecutors have opened a formal manslaughter investigation into energy giant TotalEnergies over its alleged role in a deadly jihadist attack in northern Mozambique in 2021. The probe follows legal complaints from survivors and relatives of victims, who accuse the company of failing to protect subcontractors working near its major gas project at the time. The news was first reported by AFP. The investigation was officially launched on Friday by prosecutors in Nanterre, a western suburb of Paris. TotalEnergies is being probed for involuntary manslaughter and failure to assist persons…

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What ND Western, Partners’ Completion of SPDC’s $2.4 Bn Acquisition Means For Nigeria – Kalejaiye

ADEOLA YUSUF

      More facts have emerged on the completion of historic acquisition of pioneer oil and gas firm in Nigeria, Shell Petroleum Development Company (SPDC). Platforms Africa has, in an exclusive story, earlier reported the re-christening of SPDC, a company established in 1979, after the Renaissance Africa Energy Company (RAEC) finalised the deal. Chief Executive Officer of ND Western Limited, Mr. Lanre Kalejaiye told Platforms Africa in a statement at the weekend that that $2.4 billion “landmark acquisition marks a significant milestone in Nigeria’s energy sector.” Kalejaiye’s Company, ND…

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