Upstream – Page 18 – Advisors Reports

October 12, 2024Downstream Midstream News Oil & Gas Upstream

Ekpo, Verheijen reaffirm Tinubu’s commitment to investment, policy support for affordable cooking gas in Nigeria

NMDPRA challenges gas marketers to take advantage MDGIF for infrastructure projects Oredola Adeola Rt. Hon. Ekperikpe Ekpo, Minister of State for Petroleum Resources (Gas), and Olu Verheijen, Special Adviser to the President on Energy, have reiterated the government’s commitment to…

October 10, 2024Downstream Impact Midstream News Power Upstream

NALPGAM commends FG on LPG price stability, urges sustained efforts amid global challenges

… petroleum infrastructural utilisation is static or growing at a slow pace – Olatunbosun, NALPGAM President … foreign exchange challenges, geopolitical tensions, influence fluctuating prices of cooking gas – Inyang, DP NALPGAM Oredola Adeola The Nigerian Association of Liquefied Petroleum…

October 8, 2024Local Content Midstream News Oil & Gas Upstream

Engr. Felix Ogbe pledges to revive NCDMB-NAICOM Insurance Services Guidelines signed in 2022

… confirms Tinubu’s Presidential directives streamline oil and gas value chain, eliminate middlemen, cut contracting cycle to six months Oredola Adeola Engr. Felix Ogbe, Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB) has pledged to revive…

October 8, 2024Downstream Midstream News Oil & Gas Upstream

PETAN Chairman says oil and gas revenue is key to Nigeria’s economic growth, infrastructure development

…failure to boost oil and gas production will continue to weaken Naira, deepen energy poverty – Ogunsanya warns Oredola Adeola Engr. Wole Ogunsanya, Chairman of the Petroleum Technology Association of Nigeria (PETAN) has emphasized that Nigeria’s sustainable development and…

October 7, 2024Midstream News Oil & Gas Sustainability Upstream

UTM Offshore Ltd set to announce Final Investment Decision for Nigeria’s First $5bn floating LNG project

Africa’s natural gas reserves estimated at 630 trillion SCF, but investment in the sector remains low, says UTM Offshore CEO Rone Oredola Adeola UTM Offshore Limited, led by Group Managing Director/CEO Mr. Julius Rone, is nearing the Final Investment…

October 1, 2024News Oil & Gas Upstream

Shell Plc appoints Ronald Adams as New MD of SNEPCo, Elohor Aiboni takes up key role at Brunei Shell Petroleum

…both appointments will take effect on October 1 Oredola Adeola Shell Plc has appointed Mr. Ronald Adams as the new Managing Director of its deep-water subsidiary, Shell Nigeria Exploration and Production Company Limited (SNEPCo), while Elohor Aiboni has transitioned to…

October 1, 2024Gas Midstream News Oil & Gas Upstream

FG to disburse N122bn MDGIF to Asiko, Ibile Oil & Gas, 4 indigenous other companies to deliver critical gas projects

… funding will enable 6 companies to deliver critical gas projects that increase gas utilisation, strengthen energy security – Ekpo Oredola Adeola The Federal Government of Nigeria, through the Midstream and Downstream Gas Infrastructure Fund (MDGIF), has committed N122 billion…

October 1, 2024Concession Gas Oil & Gas Upstream

ExxonMobil-Seplat divestment will receive ministerial approval in a matter of days, having been concluded by NUPRC – President Tinubu

… says FG is ready to assist 36 States, FCT in acquiring CNG buses for cheaper public transportation Oredola Adeola The long-awaited divestment of ExxonMobil’s 100% stake in Mobil Producing Nigeria Unlimited (MPNU) to Seplat Energy Plc. is set to…

September 27, 2024Documentary Extractive Industry Impact News Oil & Gas Oil theft Sabotage Special Project Upstream

NEITI 2022/2023 reveals over $6.049 bn, N65.9 bn in unpaid royalties, gas flare penalties as of Aug. 31, 2024

… shows over $6.071 bn, N66.4 bn in outstanding collectable revenues due to FG in oil, gas industry at of June 2024 … Nigeria records 7.68 mllion barrels of crude oil stolen, lost due to oil theft, other factors …

September 25, 2024Documentary Downstream Energy Transition Impact Local Content Midstream News Oil & Gas Sustainability Upstream

PENGASSAN urges FG to divest 51% stake in PH, Kaduna, Warri refineries, adopts NLNG model for enhanced energy security, products affordability

… urges NNPCL to increase stake in Dangote Refinery to from 7% to 45% to guarantee fuel assurance Nigerians … recommends generative AI to monitor petroleum supply chains, combat smuggling, enhance energy efficiency Oredola Adeola PENGASSAN has called on the…