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SPDC MD/Country Chair meets Ghana’s Minister of Energy at NIES 2024
March 19, 2024AdvertorialNewsOil & GasPhoto NewsUpstream

SPDC MD/Country Chair meets Ghana’s Minister of Energy at NIES 2024

Osagie Okunbor, Managing Director, The Shell Petroleum Development Company of Nigeria Limited (SPDC) and Country Chair, Shell Companies in Nigeria, received his award of participation from Matthew Opoku Prempeh, Ghana’s Minister of Energy, at the 7th Nigeria International Energy Summit…

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Kyari urges EFCC to focus on crude oil theft, denies corruption allegations against NNPCL
March 12, 2024DownstreamImpactMidstreamNewsOil & GasOil theftSabotageSecurityUpstream

Kyari urges EFCC to focus on crude oil theft, denies corruption allegations against NNPCL

…says many issues of corruption reported to public were either not true or recycled … NNPCL cracks down on 6,409 illegal refineries, disconnects 4,846 pipes in Niger Delta Oredola Adeola   Mele Kyari, Group Chief Executive Officer, Nigerian National Petroleum…

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GPPSL CEO identifies Competence, Capacity, Collaboration as key drivers of operational scalability within Nigeria energy sector
March 11, 2024ConcessionImpactLocal ContentMidstreamOil & GasService CompanyTechnology

GPPSL CEO identifies Competence, Capacity, Collaboration as key drivers of operational scalability within Nigeria energy sector

… GPPS Limited emerges as Oil Service Company of the Year 2023 at NIES 2024   Oredola Adeola   Engr. Obi Uzu, the Managing Director and CEO of Global Process & Pipeline Services Limited (GPPSL), has pinpointed Competence, Capacity, and…

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 Ekpo foresees reduction in prices of cooking gas, CNG with disbursement of MDGIF
March 9, 2024DownstreamFinanceGasImpactLocal ContentMidstreamNewsOil & Gas

 Ekpo foresees reduction in prices of cooking gas, CNG with disbursement of MDGIF

… seeks stakeholders’ collaboration to unlock potential of Nigeria’s gas sector   Oredola Adeola   Ekperikpe Ekpo, Minister of State for Petroleum Resources (Gas), has revealed that the Midstream and Downstream Gas Infrastructure Fund (MDGIF) is more than just a…

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“Dollarisation trend by NPA, NIMASA driving up petroleum products prices – MEMAN warns
March 8, 2024DownstreamImpactNewsOil & GasReview

“Dollarisation trend by NPA, NIMASA driving up petroleum products prices – MEMAN warns

    Oredola Adeola   The Major Energy Marketers Association of Nigeria (MEMAN) has warned against the adverse effects of the prevalent “dollarisation” practice in fee collections by government entities, citing concerns over exchange rate volatility leading to soaring petroleum…

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How stalled negotiations can keep Equatorial Guinea from being a Gas Mega hub
March 5, 2024DocumentaryFeatureImpactNewsOilOil & GasOpinion-editorial

How stalled negotiations can keep Equatorial Guinea from being a Gas Mega hub

by NJ Ayuk, Executive Chairman, African Energy Chamber    Will Equatorial Guinea fulfill its promise as a gas “mega hub,” or will stalled negotiations turn what should be a national economic boon into a missed opportunity? The answer depends largely…

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NNPC Ltd recommends collaborative war room among upstream producers to tackle oil, gas sector challenges 
March 1, 2024FinanceGasNewsOil & GasOil theftSabotageSecurityUpstream

NNPC Ltd recommends collaborative war room among upstream producers to tackle oil, gas sector challenges 

  Oredola Adeola   The Nigerian National Petroleum Company Limited (NNPC Ltd) has recommended increased cooperation among independent producers to tackle security, financial, technological, and other hurdles impeding the optimal growth of divested assets in the country’s oil and gas…

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FG pays about N1trn monthly petrol subsidy, Pinnacle Oil MD reveals, challenges NNPCL to open up
March 1, 2024DownstreamFinanceOil & GasSabotage

FG pays about N1trn monthly petrol subsidy, Pinnacle Oil MD reveals, challenges NNPCL to open up

  Oredola Adeola Robert Dickerman, the Managing Director/Chief Executive Officer of Pinnacle Oil and Gas Ltd, has revealed that Nigeria is currently paying a staggering N1 trillion monthly as a subsidy on Premium Motor Spirit (petrol), which he claimed is…

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 NUPRC defends proposed 2024 closed bids round for oil, gas fields
February 29, 2024FinanceGasGreen FinanceNewsOil & GasUpstream

 NUPRC defends proposed 2024 closed bids round for oil, gas fields

Oredola Adeola The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has reaffirmed its commitment to conducting the 2024 closed bids through a rigorous, fair, and competitive process, emphasising that the move was sanctioned under Section 73(1) of the Petroleum Industry Act.…

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OPEC urges NNPC Ltd. to supercharge oil, gas production, seize $14tr investment opportunity for global energy security
February 29, 2024Energy TransitionFinanceNewsOil & GasUpstream

OPEC urges NNPC Ltd. to supercharge oil, gas production, seize $14tr investment opportunity for global energy security

Oredola Adeola   The Organization of the Oil Exporting Countries (OPEC) has charged the Nigerian National Petroleum Company Limited (NNPC Ltd.) to do everything possible to raise Nigeria’s crude oil and gas production by tapping into about $14trillion of investments…

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