Nigeria Oil & Gas Newswire

MRS Oil announces plans to delist from NGX hours after declaring massive Profits

MRS Oil Nigeria Plc has announced plans to voluntarily delist its shares from the Nigerian Exchange Limited (NGX) following a robust financial performance in 2024. The company reported a 71.2% increase in revenue, reaching N312.2 billion, and a profit …

Solar energy modules to power green hydrogen hub in Nigeria

Nigeria has signed an agreement with a renewable energy technology supplier to provide it with solar modules to power a green hydrogen project. The country’s Federal Ministry of Innovation, Science and Technology (Fmist), Alternative Petroleum & Power …

Top 5 African countries that produced the most oil in February 2025

In February, the OPEC Reference Basket (ORB) declined by $2.57, or 3.2%, month on month, to average $76.81 per barrel. The ICE Brent (a global benchmark for crude oil prices) front-month contract fell by $3.40, or 4.3%, month over month, to average $74.95…

Nigerian Navy, Escravos, Delta State Organises Free Treatment For Host Communities

As part of efforts To Boost the Nation’s Economy In Oil Production, Nigerian Navy Forward Operating Base Escravos, Delta State has organized Free Medical Treatment, Educational Rhapsody and Career Talk to educate Youths To Shun Pipeline Vandalism And Other …

Nigeria Customs Introduces Indigenous Trade Processing System

By Adedapo Adesanya Oil prices closed higher on Thursday, spurred by a tightening of crude supplies along with new US tariffs and their expected effect on the world’s economy. Brent crude futures gained 24 cents or 0.3 per cent to settle at $74.03 a barrel …

Nigeria: House of Representatives worried over non-remitance of 5% petroleum pump price deduction to FERMA

The House of Representatives, has expressed worries over violation of Section 14(1)(h) of the Federal Road Maintenance Agency (FERMA) Act 2007, by not remitting five percent of pump prices of petroleum products to road maintenance agencies as specified. …

Nigeria’s Golden Deal That Few Are Talking About, By Mohammed T Abiodun

  In the early days of March 2024, the social media and news mediums were hit with news detailing how Nigeria’s security agencies had detained Tigran Gambaryan, Binance Holdings Limited’s head of financial crime compliance and Nadeem Anjarwalla, the …

“Nigeria’s Economy Achieving Stability” – Wale Edun

Nigeria’s economy has achieved relative stability over the past 18 to 20 months, according to Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun. This stability is attributed to the government’s fiscal and monetary reforms, which …

Experts lament as crude shortage, funds ground seven refineries

The persistent unavailability of crude oil has significantly hindered investments in the establishment and full capacity operations of seven new and existing refineries across the country, local refiners stated on Thursday. They also warned that without a …

Nigerian State Oil Giant Seeks Advisers for Delayed IPO

Nigeria’s state oil company is courting international and local markets for advisers as it prepares for a long-delayed initial public offering. The Nigerian National Petroleum Company Ltd. is seeking investor relations specialists, IPO advisers and …

Oil marketers alarmed by soaring petrol landing costs

Major oil marketers under the aegis of the Major Energies Association of Nigeria (MEMAN) have revealed a significant increase in the landing cost of imported petrol, which surged by N88 per litre within a week. This comes amid heightened concerns over the …

NDDC using sports festival to unite oil-rich Niger Delta

Some call the region “the land flowing with milk and honey.” Others say it’s the economic machine of the nation. Truly, the oil-rich Niger Delta, located in the southern part of Nigeria and home to a significant portion of Nigeria’s oil and gas reserves, …

Nigeria Expands Crude Oil Supply to Europe with Medium Sweet Obodo Blend

•Dangote set to hit full operating capacity in April   •210,000 bpd Port Harcourt refinery allocated three cargoes of crude  in April-May Emmanuel Addeh in Abuja A new Nigerian crude grade, medium sweet Obodo, will hit the market in April, according to …

NNPC And The Push for Oil Host Community Devt Fund Implementation

Guest Columnist : SOTONYE PRINCEWILL The plight of oil host communities and the need to ensure that funds allocated to them under the Petroleum Industry Act (PIA) are effectively utilized to deliver meaningful development in host communities came into …

At WTO, Nigeria seeks support for digital trade expansion under AfCFTA

• Discusses €1.3b trade investments with EU • Economy achieving stability, minister enthuses The Federal Government has reaffirmed its commitment to accelerating digital trade under the African Continental Free Trade Area (AfCFTA), urging global partners …

ActionAid demands transparency in crude oil transactions

The ActionAid Nigeria (AAN) has expressed concern over the ongoing crisis in the petroleum sector, particularly the suspension of the sale of petroleum products in naira by the Dangote Petroleum Refinery. Mr Andrew Mamedu, Country Director, AAN made the …

HOSTCOM advises  Niger Delta Youths  to Shun Violence,  Protect Oil Facilities, Condemns  Killings Of Tanitita Personnel

The Niger Delta region has been plagued by violence and sabotage, particularly in the oil and gas sector. Recently, there have been attacks on oil pipelines and the killing of personnel from Tantita Security Services Nigeria Limited (TSSNL). These acts of …

Nigeria’s president pushes the limits of his power

After a Nigerian firm called Heirs Energies paid $1.1bn in 2021 to acquire an oil field in the Niger Delta, its boss found the company was losing no less than 97% of the field’s daily output to theft and vandalism. “What you put in the Trans Niger pipeline …

Major Nigerian Oil Pipeline Resumes Operations After Explosion

Hopkins Partners with HOURCAR to Bring Electric Carshare Hub to Dow Towers

HOURCAR's Multifamily Project, powered by Xcel Energy provides the Hopkins community with access to affordable and clean carshare services. HOPKINS, MN, UNITED STATES, March 28, 2025 /⁨EINPresswire.com⁩/ -- The City of Hopkins, MN, today …

MPOWER SOLAR CELEBRATES RECOGNITION FOR SUSTAINABILITY INNOVATION & LEADERSHIP

Brooklyn-based solar installation company honored for advancing renewable energy solutions and pioneering sustainability initiatives in NYC. BROOKLYN, NY, UNITED STATES, March 28, 2025 /⁨EINPresswire.com⁩/ -- Mpower Solar is proud to announce that …

Coal Trader’s Handbook: The Definitive Resource for Coal Market Professionals

Sceats Coal Report Ltd. is proud to announce the launch of CoalTradersHandbook.Com a comprehensive free online resource! LONDON, UNITED KINGDOM, March 28, 2025 /⁨EINPresswire.com⁩/ -- Operating in the Asia-Pacific coal market and supported by …

Rose-Hulman Institute of Technology Alumnus, Wife Establish Faculty Fellowship Honoring Former Physics Professor

Gift Recognizes the Leading STEM College’s Commitment to Excellence and Innovation in Education and Research TERRE HAUTE, IN, UNITED STATES, March 28, 2025 /⁨EINPresswire.com⁩/ -- A generous gift from alumnus Michael A. Huhnke and his wife, Karen, …

Gray, Gray, & Gray Named to Boston Business Journal Fast50 List

CANTON, MA, UNITED STATES, March 28, 2025 /⁨EINPresswire.com⁩/ -- The Boston Business Journal has named Gray, Gray & Gray, LLP, an accounting and business consulting firm based in Canton, MA, to its 2025 Fast 50 list, which represents the 50 …

Ghana Expands Its Energy Sector To Attract Investors

SOUTH AFRICA, March 28, 2025 /⁨EINPresswire.com⁩/ -- Ghana is working hard to prove itself as a main Hub for energy investment. The Ministry of Energy and Green Transition is in charge of this project. The government hopes to attract investments in …

Solarvista Software Achieves Remarkable 100% Uptime

Solarvista Software, a leading provider of Field Service Management solutions, has reached a significant milestone by achieving 100% uptime for its platform. SHEFFIELD, UNITED KINGDOM, March 28, 2025 /⁨EINPresswire.com⁩/ -- Solarvista Software, a …

Solar Trash Compactor Market Current Applications, Challenges, and Path to Commercialization

CA, UNITED STATES, March 28, 2025 /⁨EINPresswire.com⁩/ -- Solar Trash Compactor Market size is projected to grow a CAGR of 6.2 % during the forecast period 2025-2034 The latest research study released by Exactitude Consultancy on "Solar …

Energy Engineering Service Outsourcing (ESO) Market to Surge from $12.5B in 2024 to $24B by 2034 at 7.1% CAGR

CA, UNITED STATES, March 28, 2025 /⁨EINPresswire.com⁩/ -- Growing energy demands and the shift to sustainable energy solutions are expected to propel the global Energy Engineering Service Outsourcing (ESO) market to a valuation of over $12.5 …

Small Wind Turbine Market Dynamics, Growth, and Opportunities by Exactitude Consultancy

CA, UNITED STATES, March 28, 2025 /⁨EINPresswire.com⁩/ -- Small Wind Turbine Market size is projected to grow a CAGR of 8.8 % during the forecast period 2025-2034 The latest research study released by Exactitude Consultancy on "Small Wind …

A' Architectural Lighting Design Award Unveils Comprehensive Prize Package for 2024

A' Architectural Lighting Design Award Reveals Extensive Benefits Package Aimed at Advancing Innovation in Architectural Lighting Industry COMO, CO, ITALY, March 28, 2025 /⁨EINPresswire.com⁩/ -- The A' Architectural Lighting Design Award, …

Smart Oregon Solutions and NetZero Announce Strategic Merger

Smart Oregon Solutions (SOS) and NetZero announce their strategic merger, uniting two innovators in the renewable energy and smart infrastructure sectors. VANCOUVER, WA, UNITED STATES, March 28, 2025 /⁨EINPresswire.com⁩/ -- & PORTLAND, OR - …

Harper Surveying Publishes Comprehensive Guide on Leading GNSS Receivers for Surveying in 2025

Harper Surveying has released an essential guide highlighting the Top 5 GNSS Receivers for Surveying Accuracy in 2025. SINGAPORE, SINGAPORE, March 28, 2025 /⁨EINPresswire.com⁩/ -- Harper Surveying, a trusted leader in surveying solutions and …

Harper Surveying: Your Trusted Partner in Surveying Equipment.

Harper Surveying helps many sectors, from construction planning to land surveys. Customers recognize Harper Surveying for its excellent customer service. SINGAPORE, SINGAPORE, March 28, 2025 /⁨EINPresswire.com⁩/ -- Harper Surveying is a top …

Harper Surveying Sets New Standards with Precision Surveying Equipment

Harper Surveying has set a new standard as a trusted leader in the surveying industry by bringing an expanded lineup of high-quality surveying equipment. SINGAPORE, SINGAPORE, March 28, 2025 /⁨EINPresswire.com⁩/ -- Harper Surveying has become a …

Indonesia’s Nickel Boom Presents a Defining Opportunity in the Global Green Transition, Says EBC Financial Group

As electrification advances, EBC reflects on Indonesia’s nickel boom as a chance to balance sustainability, expand partnerships, and drive shared growth. INDONESIA, March 28, 2025 /⁨EINPresswire.com⁩/ -- As Indonesia accelerates its transition …

Indonesia’s Nickel Boom Presents a Defining Opportunity in the Global Green Transition, Says EBC Financial Group

As electrification advances, EBC reflects on Indonesia’s nickel boom as a chance to balance sustainability, expand partnerships, and drive shared growth. INDONESIA, March 28, 2025 /⁨EINPresswire.com⁩/ -- As Indonesia accelerates its transition …

Indonesia’s Nickel Boom Presents a Defining Opportunity in the Global Green Transition, Says EBC Financial Group

As electrification advances, EBC reflects on Indonesia’s nickel boom as a chance to balance sustainability, expand partnerships, and drive shared growth. INDONESIA, March 28, 2025 /⁨EINPresswire.com⁩/ -- As Indonesia accelerates its transition …

Smart Mobility International to Launch Range-Extended Electric Vehicles in the UAE

SMI expands AVATR lineup to include REEV models, giving UAE drivers more choice in sustainable mobility. DUBAI, UNITED ARAB EMIRATES, March 28, 2025 /⁨EINPresswire.com⁩/ -- Smart Mobility International (SMI), the exclusive distributor of AVATR …

E Ink Introduces E Ink Ripple™ and Second-Generation Waveform Architecture for E Ink Spectra™ Displays

BILLERICA, Mass., March 28, 2025 (GLOBE NEWSWIRE) -- E Ink (8069.TW) the originator, pioneer, and global commercial leader in electronic paper (ePaper) technology, today announced a breakthrough for their E Ink Spectra™ product line to reduce page flashing …