Oil & Gas and Power Sector related news
Navy says it arrested a 15,000 MT vessel in the process of stealing 95,000 barrels of crude oil
COP28: Africa received 2% of $3 trillion renewable energy investments in 2 decades – AfDB
“Petrol truck cost has risen from N7 million in May to N25 million” – Akin Akinrinade
FG should repair, sell refineries to the private sector to run them – Olu Falae
Shell commits $5 billion for Bonga North deep-water project
COP28: Cross River signs agreement for rollout of EVs for mass transportation
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