Africa's energy future is taking shape as the African Energy Bank (AEB) moves into its final launch preparations.

President Bola Ahmed Tinubu has granted approval for the issuance of all critical regulatory licences for the Kolmani Integrated Development Projects.

Boost Oil Output by 2026, FG Tells NNPC   The Federal Government has directed the management of Nigerian National Petroleum Company Ltd. (NNPC) to increase oil production beyond current levels by the end of the year. The Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, who...

FG Halts Importation of Oil Pipelines   The Federal Government has announced a ban on the importation of oil pipelines into Nigeria. The Minister of Petroleum Resources (Oil), Heineken Lokpobiri, stated this on Thursday during the launch of Monarch Alloys 33LPE and concrete weight coating facility in...

New Board Crucial to NNPCL's Transformation - Lokpobiri   Minister of State for Petroleum Resources (Oil), Sen. Heineken Lokpobiri yesterday said the reconstitution of the board of Nigeria National Petroleum Company Limited (NNPCL) was a strategic decision towards further repositioning of the national oil company. Lokpobiri spoke...

Nigeria Has Capacity to Produce 4mbpd of Oil - OPEC   According to Ademola Adeyemi-Bero, Chairman of the OPEC Board of Governors, Nigeria's abundant hydrocarbon reserves should enable the country to produce up to four million barrels of oil per day, a significant increase from its current output. Adeyemi-Bero...