Author: uzo.nzeogu

Landmark FID underscores renewed global investor confidence in Nigeria’s oil & gas sector President Bola Tinubu, on Tuesday, welcomed Shell’s $2 billion Final Investment Decision (FID) on a new gas project in the HI shallow offshore field (OML 144), describing The post Shell’s $2b gas project boosts Nigeria’s upstream investments past $8b under Tinubu appeared first on The Guardian Nigeria News – Nigeria and World News. Source: Original article

The Presidency on Tuesday announced that Shell has taken a Final Investment Decision (FID) to commit $2 billion to a new offshore gas project in the country, the second major investment by the company in less than a year. The The post Shell commits $2b to offshore gas project in Nigeria — Presidency appeared first on The Guardian Nigeria News – Nigeria and World News. Source: Original article

Future demand for transitional minerals is only going to increase, so we need to rethink how we do it more responsibly Source: Original article

Alhaji Aliko Dangote, Founder of the Dangote Group, has called on stakeholders to stop using allegations of monopoly as an excuse to hinder Nigeria’s industrial growth and indigenous investment. Speaking at the 2025 Inaugural Annual Downstream Petroleum Week, organised by The post Nigeria’s industrial growth should not be held back by monopoly allegations — Dangote appeared first on The Guardian Nigeria News – Nigeria and World News. Source: Original article

As part of this year’s Green Diplomacy Week, the European Union and the German Embassy in Abuja launched the German–Nigerian Flare4Value project, a landmark initiative aimed at tackling gas flaring in Nigeria while unlocking new economic opportunities through gas optimisation The post German–Nigerian Flare4Value project launches under EU Green Diplomacy Week appeared first on The Guardian Nigeria News – Nigeria and World News. Source: Original article

With the recent global crude oil shocks, Nigeria’s production declined to 1.39 million barrels per day (mbpd) in September 2025, marking the second consecutive month of reduced output, according to the latest Monthly Oil Market Report .. The post Nigeria’s crude oil output drops, petrol marketers still up prices appeared first on The Guardian Nigeria News – Nigeria and World News. Source: Original article

Nigeria’s reliance on petrol imports has deepened despite the commissioning of the 650,000-barrel-per-day Dangote Refinery, as new data reveal that imported petrol accounted for 72.64 per cent of total national consumption in the last nine months.  The post 72.64% of Nigeria’s petrol imported amid rivalry from new refineries  appeared first on The Guardian Nigeria News – Nigeria and World News. Source: Original article

Stakeholders in Nigeria’s energy sector have urged African countries to develop home-grown strategies that align with global energy transformations while protecting national interests, fostering regional cooperation, and ensuring inclusive growth. The post Stakeholders demand home-grown solutions to avert energy crisis appeared first on The Guardian Nigeria News – Nigeria and World News. Source: Original article

To ensure sufficiency of refined petroleum products in the country, the House of Representatives has indicated plans to introduce a new legislation that will grant local refineries the right of first refusal on crude oil allocations. The post Crude allocation: Reps consider offering local refineries right of first refusal  appeared first on The Guardian Nigeria News – Nigeria and World News. Source: Original article

Federal Government has directed the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) to intensify the monitoring of Liquefied Petroleum Gas (LPG) depots nationwide to curb hoarding and sharp practices capable of reversing the recent decline in cooking gas prices. The post FG moves to sustain LPG price drop appeared first on The Guardian Nigeria News – Nigeria and World News. Source: Original article