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CORAN: Dangote wooing back govt agencies after spat
Sopuruchi Onwuka After overriding government’s bureaucratic bottlenecks to secure executive fiat on supply of crude oil feedstock to his newbuild refinery, dismantle offtake monopoly of the national oil company, and free up market supply opportunities for his refinery; Alhaji Aliko…
FG must stop mortgaging Nigeria’s crude oil for loans __Dangote
Sopuruchi Onwuka Promoter of Africa’s largest single train refinery, Alhaji Aliko Dangote, has admonished government against scramble for resource revenue and mortgaging the future of the country for temporal benefits. The versatile investor, whose Dangote Refinery is at the center…
African gas infrastructure projects must be ESG proof __Experts
Sopuruchi Onwuka Energy and infrastructure investment analysts have warned developers of gas facilities and infrastructure in Africa to benchmark project processes and standards against the prevailing requirements for environment, social and governance principles. They argue that meeting new standards in…
AOW: Three African countries offer 63 blocks in licensing rounds
Sopuruchi Onwuka With new petroleum provinces opening up in the African continent and scramble for deep pocket investors heats up amid closing financing windows, more African nations are throwing their doors open to international wild cat explorers. At the ongoing…
Seplat canvasses gas-fired solution to Africa’s energy challenges
Sopuruchi Onwuka Nigeria’s leading energy company, Seplat, has declared that Africa has adequate and abundant natural gas resources to address immediate and future energy challenges even in the face of energy transition. The Chief Executive Officer at Seplat Energy Plc,…
Market crisis: Players call for pan-industry collaboration on local refining
Sopuruchi Onwuka Players in the Nigerian petroleum industry have restated the need for stakeholders’ collaboration as private investors reinvent the country’s petroleum refining industry after over 40 years of deleterious importation boom that depleted the nation’s foreign exchange reserves, worsened…
SHELL, OKUNBOR receive PETAN Award for Excellence
Sopuruchi Onwuka The Managing Director, The Shell Petroleum Development Company of Nigeria Limited (SPDC) and Country Chair, Shell Companies in Nigeria (SCiN), Osagie Okunbor, has received an “Award of Excellence to an Astute and Visionary Technocrat” from the newly instituted…
Presidential NC directive: NCDMB cuts contracting cycle, weeds out job traders
Sopuruchi Onwuka Players and investors in the Nigerian petroleum industry have started enjoying speedy responses from regulators and approval authorities in the country following the strict implementation of the presidential directive on local content. The improvement in process time is…
Nigeria’s gas resources is crucial to energy independence __ Wole Ogunsanya
Sopuruchi Onwuka The Chairman of Petroleum Technology Association of Nigeria (PETAN), Engr. Wole Ogunsanya has reiterated that Nigeria’s energy independence hinges on effective gas utilization, addressing its challenges, leveraging opportunities, and implementing strategic initiatives that will propel it towards energy…
Africa to continue hosting oil investments despite climate activism __ Mantashe
Sopuruchi Onwuka Government of South Africa has called on petroleum players across the world to extend their exploration to the nation’s prolific hydrocarbon basins, assuring that Africa still remains relevant to global energy supply despite disruptions from climate activists. In…
