Upstream – Page 27 – Advisors Reports

February 21, 2024Finance Gas Impact Oil & Gas Oil theft Sabotage Security Upstream

Uncertainty, multiple taxation hinder energy security, threaten Nigeria’s prosperity- NNPC GCEO warns

Oredola Adeola Mele Kyari, Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPC Ltd), has identified lack of investment in the energy sector due to uncertainty in the business environment and multiple taxation as impediments to…

February 16, 2024Oil & Gas Opinion-editorial Upstream

NUPRC not leaving Abuja as erroneously speculated

By Ibrahim Musa With clear mandates – ensuring compliance with petroleum laws, regulations and guidelines, monitoring of operations at drilling sites, producing wells, production platforms and flow stations, crude oil export terminals, and all pipelines carrying crude oil, and…

February 14, 2024Feature Gas News Oil & Gas Opinion-editorial Review Upstream

Urgent appeal to President Tinubu, Oborevwori: Ubeji community in dire need of relief from devastating gas flaring

Oped by Jerome-Mario Utomi The harrowing reality of Ubeji Community serves as a poignant reminder of the human cost associated with industrial practices such as gas flaring. It is incumbent upon President Tinubu’s government to demonstrate unwavering resolve and genuine…

February 13, 2024Environment Gas Green Finance Hydrogen News Oil theft Renewables Upstream

Engr. Komolafe identifies mix of traditional hydrocarbon, hydrogen, others as drivers of sustainable energy future

Oredola Adeola Engr Gbenga Komolafe, Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission, has hinted that the country’s potential in traditional hydrocarbon resources, green and blue hydrogen, solar, wind, biomass, and other renewable energy sources is crucial…

February 10, 2024Documentary Extractive Industry Local Content News Oil Upstream

Local Content: Senate Committee to summon IOCs, agencies for economic diversification beyond crude oil

Oredola Adeola The Natasha Akpoti-Uduaghan-led Senate Committee on Local Content is set to summon international oil companies and relevant government agencies to ensure they contribute significantly to the Nigerian economy beyond crude oil extraction and sales. She…

February 9, 2024Downstream Extractive Industry Impact News Oil & Gas Upstream

Oyedele fiscal policy Committee teams up with NEITI to drive oil, gas, extractive industry transparency

Oredola Adeola The Presidential Committee on Fiscal Policy and Tax Reforms (PCFPTR) has agreed to partner with the Nigeria Extractive Industries Transparency Initiative (NEITI) to leverage the findings and recommendations contained in its oil & gas and extractive…

February 8, 2024Gas News Oil & Gas Upstream

NNPC Ltd. finally agrees to CBN oversight of oil sales revenue

Oredola Adeola The Nigerian National Petroleum Company Limited (NNPC Ltd.) has agreed to the Federal Government’s directive for the Central Bank of Nigeria (CBN) to oversee the management of oil sales revenue, including the domiciliation of a significant…

February 8, 2024Gas News Oil & Gas Upstream

NNPCL, TotalEnergies, partners commence oil production from Akpo West Field, add 14,000bpd to Nigeria’s output

The Nigerian National Petroleum Company Limited (NNPC Ltd.) TotalEnergies and partners have commenced crude oil production from the Akpo West Field, adding about 14,000 barrels per day of condensate to Nigeria’s oil production, with an expected production of about 4…

February 6, 2024Maritime Midstream News Oil & Gas Oil theft Upstream

Tantita arrests MT Harbour Spirit for crude oil theft in Delta State

Oredola Adeola The Tantita Security Services Limited, in collaboration with the Nigerian Navy other security operatives have arrested another vessel Motor Tanker (MT) Harbour Spirit, with IMO No. 8226272, for crude oil theft in Delta State. Advisors Reports’…

February 6, 2024Gas News Oil & Gas Upstream

NCDMB parleys Chevron, commits to fast-tracking oil, gas projects approvals

Oredola Adeola The Nigerian Content Development and Monitoring Board (NCDMB) has pledged to expedite the approval of requests and documents submitted by oil and gas companies to ensure the swift development of projects, increase oil production, and improve…