..overcames challenges despite turbulent year Emmanuel Akanni With a volatile global oil market in 2024 tied to geopolitical tensions and other local challenges such as oil theft and pipeline vandalism amid the pressure to up oil production levels,…
Tinubu says “Bonga North reflects transformative reforms under Presidential directives 40, 41, 42” Verheijen describes Bonga North FID a game-changer, refuting misconceptions about IOCs exiting Nigeria Oredola Adeola Shell Nigeria Exploration and Production Company Limited (SNEPCo), a subsidiary of…
“Drilling Companies in Bayelsa No Longer Need Onne Port”—FMES Chairman, High Chief Penawou Oredola Adeola The Nigerian Content Development and Monitoring Board (NCDMB) has called for collaboration with the Federal Government and relevant agencies to dredge the Birogo River,…
Op-ed by Aderonke Hunponu-Wusu The Oil and Gas industry has witnessed significant growth over the decades with many countries around the world possessing substantial and proven oil reserves. Nigeria is the sixteenth largest oil producer worldwide with several major and…
NCDMB revises Community Contractor Fund, allocates ₦15bn … increases single obligor limit from ₦20m to ₦100 m Oredola Adeola The Nigerian Content Development and Monitoring Board (NCDMB) has reported an increase in local content in the oil and gas sector…
… proposes “Commonwealth Solution” modelled after NLNG Oredola Adeola Engr. Wole Ogunsanya, Chairman of the Petroleum Technology Association of Nigeria (PETAN), has advocated for the privatization of Nigeria’s oil and gas pipelines, proposing a “commonwealth solution” that would allow…
… aligns with NUPRC’s 1.54mbpd average for the period under review “NNPC working closely with relevant stakeholders to boost production to 2mbpd, above by the end of 2024” says Soneye Oredola Adeola The Nigerian National Petroleum Company Limited (NNPC…
… targeting 50,000 bpd by January 2025, 60,000-65,000 bpd by June 2025, 80,000 bpd by end of 2025 … crude blend hits global market with five cargoes to Spain, US East Coast refineries, two more secured for November, December 2024…
NUPRC, LASG to set up a joint team on viability of the appeal Oredola Adeola The Lagos State Commissioner for Energy, Biodun Ogunleye, has urged the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) to support the state’s aggressive drive to enhance…
Eromosele: Our energy sovereignty is under threat! Nigeria needs utility-scale solar plants, not mini-grids, to tackle energy poverty Iledare: We need a balanced energy mix strategy to sustain economic growth, create jobs, transition to renewable energy responsibly, without external pressure…
