Axxela Announces Strategic Reorganisation to Drive Future Growth
— January 12, 2025 — Axxela Limited, a leading gas and power portfolio company in sub-Saharan Africa, has announced a bold…
Browsing Tag
Nigeria oil and gas
How NUPRC’s professionalism, transparency, others drive Nigeria’s 2024 oil licensing round
By Mohammed Musa
There were indications that the just-concluded Nigeria’s 2024 Oil Licensing Round, organized by the Nigerian…
Osaze Isesele Emerges as Publicity Secretary of the Nigerian Gas Association
The Nigerian Gas Association (NGA), the foremost professional body dedicated to the advancement of Nigeria’s gas sector, has…
Divestment: FG Optimistic on Objections for Shell’s $1.3bn Asset Sale to Renaissance Resolved Soon
By Ndubuisi Micheal Obineme
…as Olu Verheijen, the Special Adviser to the President on Energy expresses confidence in NUPRC’s…
FG Appoints Afreximbank as Settlement Bank for Naira-Based Transactions on Crudeoil, Petroleum Sales
By Ndubuisi Micheal Obineme
With the commencement of PMS production from the Dangote Group’s 650,000-barrel-per-day refinery,…
Nigeria’s energy independence relies heavily on leveraging its vast gas reserves – Wole…
The Chairman of Petroleum Technology Association of Nigeria (PETAN), Engr. Wole Ogunsanya has reiterated that Nigeria's energy…
Presidential Directives on Nigerian Content Has Shortened Contracting Cycle, Eliminated Middlemen…
The Nigerian Content Development and Monitoring Board (NCDMB) announced on Monday that it had eliminated middlemen from the oil…
Divestment: Nigeria’s National Interest, Oil Assets Bidders Amidst Environment, Community…
By Ibrahim Musa
There are strong indications that environmental pollution, conflicts with host communities, community-based…
Oil Blocks: Why FG Prioritizes Production Bonus To Attract Local and Foreign Investors
By Ibrahim Musa
The Federal Government has emphasized production bonus, which refers to the payment by an operator to a host…
Nigeria Can Boost Oil Production, Meet Local Refining Demands by Unlocking Idle Brownfields –…
Dr. Victor Ekpenyong, CEO of Kenyon International, has revealed that Nigeria has the potential to significantly increase its oil…
NNPC Limited, ExxonMobil Signs Settlement Agreement Over $1.28 billion Asset Divestment Deal
… as President Tinubu wade in, pushes for quick resolution on the approval of Exxon-Seplat asset deal.
By Ndubuisi Micheal…
Reps Petroleum Committees Calls for Calm, Says Fuel Scarcity will End in Few Days
...Confirms Availability of PMS, Says Normalcy to Return in Few Days.
The House of Representatives Committee on Petroleum…
MEMAN Working with Key Stakeholders to Restore Fuel Supply Across Nigeria – Stockman
By Ndubuisi Micheal Obineme
...says member companies currently taking delivery of over 300 million litres of Premium Motor…
Nigeria Launches New Fiscal Incentives to Revitalise Oil & Gas Sector
...aims to attract $10 billion investment.
In a move to further revitalise the oil and gas industry’s contribution to the…
NUPRC, not delaying $1.3bn ExxonMobil assets deal
By Ibrahim Musa
There are indications that the Nigerian Upstream Petroleum Regulatory Commission, NUPRC, the regulator of…
PETAN deepens collaboration with NUPRC, pledges to boost Nigeria’s oil production
Petroleum Technology Association of Nigeria (PETAN) has assured the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and…
PETAN Resolves to Support Nigeria’s Oil and Gas Production Growth
...commits to Strengthening Partnership with NAEC.
The Petroleum Technology Association of Nigeria (PETAN) has promised to…
Africa to Account for 6% of Global Upstream Investment By 2033 – Woodmac
By Ndubuisi Micheal Obineme
…says accelerating upstream investment, developing gas resources, and support for independent…
NNPC GCEO Kyari Highlights Energy Security’s Role in Wealth Creation
The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC Ltd.), Mr. Mele Kyari, says no public…
NNPCL says it has Deactivated 6,465 Illegal Refineries
The Nigerian National Petroleum Company Limited (NNPCL) has said it deactivated a total of 6,465 illegal refineries between…
NNPC Ltd Solicits EFCC’s Support in Fight against Crude Oil Theft
The Nigerian National Petroleum Company Limited (NNPC Ltd.) has appealed to the Economic and Financial Crimes Commission (EFCC)…
IPPG expresses strong support for President Tinubu’s Executive Orders on Oil, Gas Reforms
By Ndubuisi Micheal Obineme
The Independent Petroleum Producers Group (IPPG) wholeheartedly endorses the recent Executive…
MEMAN Advocates De-Dollarization of Downstream Supply Chain
…Says Nigeria Ports Authority, and the Nigerian Maritime Administration and Safety Agency, collects 'Port Charges' in US…
President Tinubu Signs Executive Order on Oil and Gas Reforms
…Positions Nigeria as Investment Haven in Africa's Energy Sector
By Ndubuisi Micheal Obineme
In keeping with his dedicated…
Nigeria Will Define its Term on Energy Transition – Lokpobiri
By Ndubuisi Micheal Obineme
The Minister of State Petroleum Resources (Oil), Senator Heineken Lokpobiri has affirmed that…
NUPRC Releases Regulatory Framework for Asset Divestment in Oil, Gas Sector
By Ndubuisi Micheal Obineme
…Outlines terms and conditions on asset divestment following the decisions of IOCs to sell its…
NNPC Ltd Advocates Collaborative War Room to Tackle Challenges Faced by Independent Producers
The Nigerian National Petroleum Company Limited (NNPC Ltd) has called for deeper collaboration among upstream operators,…
NUPRC not leaving Abuja as erroneously speculated
By Ibrahim Musa
With clear mandates - ensuring compliance with petroleum laws, regulations and guidelines, monitoring of…
NNPC, CBN to Strengthen Relationship to Guarantee Seamless Commercial Operation
The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC Ltd.), Mallam Mele Kyari, and the…