Nigeria, Equatorial Guinea Sign Historic Gas Pipeline Agreement

President Bola Tinubu and his Equatorial Guinea counterpart, President Teodoro Obiang Nguema Mbasogo, yesterday signed a landmark agreement on the Gulf of Guinea Pipeline Project. Speaking at the signing ceremony, President Tinubu, who is on a three-day official visit to Equatorial Guinea, said that the agreement will open up new opportunities for gas exploration and employment. He added that they both discussed the “various areas of conflicts and what we can do to promote peace”...

Sen. Ubah Leads Senate Adhoc Committee on Oversight Visit at Warri Refinery

The Senate Adhoc Committee Chairman on Turn Around Maintenance (TAM) of Nigerian Refineries, Sen. Ifeanyi Ubah, has led the Senate on an oversight visit to the Warri Refinery, Delta State. A few months ago, President Bola Tinubu announced his government’s plan to revive Nigeria’s refineries as part of efforts to make the country less dependent on imported petroleum products. During the visit on Thursday by the senate committee, they commenced the oversight with a courtesy...

NNPC, Total Energies joint venture has achieved zero gas flare – Soneye

The NNPC Ltd and Total Energies Joint Venture has achieved zero routine gas flare in all its assets in pursuit of meeting the targets of 20% (unconditional) and 47% (conditional) greenhouse gas emission reduction as contained in the Nationally Determined Contribution under the Paris Accord signed by the President Bola Ahmed Tinubu administration. The fresh achievement is contained in a statement made available to journalists on Thursday by Olufemi  Soneye,  the Chief Corporate Communications Officer...

US oil company, Dangote Refinery broker 2m barrel of crude deal

Africa’s giant refinery in Lagos State, Dangote Refinery is preparing to import crude from the U.S. in the coming weeks, as the refinery valued at $20 billion intensifies its move to hit the market with refined oil products. Dangote Refinery, named after its owner Aliko Dangote, began operations on 12 January to end Nigeria’s years-long reliance on refined petroleum products since its launch in May 2023. Bloomberg, quoting individuals about the business deal, reported on...

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