Energy industry hails Seplat’s acquisition deal at NIES
Leading Nigerian energy company, Seplat Energy Plc, has received wide recognition from the Nigerian energy industry and other international stakeholders for its recent completion of the Mobil Producing Nigeria Unlimited (MPNU) acquisition. Upon completion of the acquisition, Seplat Energy which…
Chevron Nigeria bags Sustainable Energy Business award at NIES 2025
Chevron Nigeria again had an impressive showing at the eight edition of the Nigeria International Energy Summit (NIES), which kicked off on Monday February 24, 2025, at Abuja Continental Hotel. The theme for this year’s summit is Bridging Continents: Connecting…
NLNG blames insecurity for underperformance
Sopuruchi Onwuka The Nigerian Liquefied Natural Gas (NLNG) Limited has laments incessant attacks on its pipeline facilities, blaming the situation for underutilization of capacity at its plans in Bonny. Managing Director, Mr Phillip Mshelbila, stated in Abuja that insecurity in…
Seplat pledges low cost energy supply in Nigeria
Sopuruchi Onwuka Managing Director of Seplat Energy PLC, Mr Roger Brown, has declared the commitment of the company to lead supply of low cost energy to propel Nigeria’s economic and social advancement. He also pledged the company’s determination to deploy…
Nigeria to close $20bn petroleum investments in 2025
* AEB to host AfreximBank’ $13 bn energy finance portfolio Sopuruchi Onwuka Significant $20 billion or N34 trillion of new investments are underway in the Nigerian petroleum industry. The revelation which came from the Minister of State for Petroleum Resources…
Africa must decolonize its resource exploration ___APPO scribe
Sopuruchi Onwuka African nations must immediately reverse the current practice of exploiting its natural resources for export revenue while neglecting internal developmental needs. Secretary General of the African Petroleum Producers Organization (APPO), Dr Omar Farouk Ibrahim, who lamented the highly…
Nigeria pledges returns for energy investors
* Dismantles all entry barriers Sopuruchi Onwuka Nigerian government has called on the international investment community to take advantage of the ongoing economic reforms to seek commercial opportunities in the country’s energy industry. President Bola Ahmed Tinubu who declared the…
Budget deficit: NCDMB declares readiness to lead oil production boost
Sopuruchi Onwuka The Nigerian Content Development and Monitoring Board (NCDMB) is sharpening existing plans and strategies to galvanize pan-industry efforts in realizing ambitious petroleum production targets. Executive Secretary, Engr Felix Ogbe, stated that the agency has activated collaborative measures with…
PMI addressing illiquidity in NESI __Olu Verheijen hi
FG addressing illiquidity in NESI __Olu Verheije Sopuruchi Onwuka Senior Special Assistant to the President on Energy, Mrs Olu Verheijen, has declared that the ongoing interventions in the power sector is to address the debt crisis that stalled movements in…
FG pushing “widespread electrification, industrialization” __Ekpo
Sopuruchi Onwuka Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, has stated that government is making progress on widespread electrification and industrialization in the country. The claim however contradicted with the position of industry players who decried high level…
