Oil & Gas and Power Sector related news
COP28: Africa received 2% of $3 trillion renewable energy investments in 2 decades – AfDB
First Major Crude Supply to Dangote Refinery to arrive December 7 (today)
“50,000-barrel rise in Nigeria’s refining capacity will raise GDP by 0.4%” – Ibukun Omoyeni
Nigeria secures over $5 billion funding at COP28 to boost climate action efforts
Brent and WTI crude oil price benchmarks record some recovery after December 6 collapse
Local oil and gas operators increased from 53 in 2018 to 114 in 2023 – NCDMB
NDPHC, Fenchurch Power sign 150 MW deal for power supply to Ondo, Edo, Delta
TCN says 53 power projects worth N122 billion to be completed by May 2024
Brent crude oil price falls to $74 per barrel
ExxonMobil plans to increase cash flow by $14 billion from 2023 to 2027
NNPC signs two gas deals at COP28