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Category: Business

OGTAN restates commitment to stronger, high skilled workforce

Posted on September 13, 2025

Sopuruchi Onwuka Oil and Gas Trainers Association of Nigeria (OGTAN) has restated its resolve to continue grooming effective fit-for-purpose skill set for stronger and more resilient energy industry in Nigeria. President of…

WIEN counts new members as capacity growth

Posted on September 13, 2025

Sopuruchi Onwuka Africa’s leading gender-based advocacy professional support group, Women in Energy Network (WIEN), has recorded significant growth in its membership base as it continues to welcome news members across the past…

Rising oil production is way out of Nigeria’s economic quandary __Ekpenyong

Posted on September 13, 2025

Sopuruchi Onwuka Nigeria has the opportunity of reviving old oil and gas facilities for enhanced oil production from old and abandoned oilfields in order to achieve broader economic aspirations that entail boost…

NUPRC converts PPL 202 to OML 66 as Ingentia consortium preps devpt projects

Posted on September 13, 2025

Rig underway for drilling campaign Sopuruchi Onwuka The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has converted Petroleum Prospecting Licence (PPL) 202 to Petroleum Mining Lease (PML) 66, signaling approval for the operators…

HSE breaches: NUPRC grounds Oritsemeyin Rig

Posted on September 13, 2025

Sopuruchi Onwuka Petroleum industry regulator, Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has revoked the license of indigenous drilling rig, Oritsemeyin, saying the equipment is unfit to safely continue operating in the country….

Dangote Refinery deploys gas fired trucks, breaks into retail market

Posted on September 12, 2025

* Dismisses NUPENG’s allegations as unfounded Sopuruchi Onwuka The Dangote Petroleum Refinery says it is set to deploy the hyped compressed natural gas (CNG)-powered trucks, saying that the measure was part of…

Divestment: NUPRC tidies up $400m abandonment obligations

Posted on September 12, 2025

Clears 94 decommissioning plans Sopuruchi Onwuka Regulator of the Nigerian upstream petroleum industry has declared that it has worked the details of oilfield decommissioning and abandonment obligations among old players that divested…

NUPRC reports drastic cut in production losses, indicts oil firms

Posted on September 12, 2025

Millions of barrels still unaccounted for Sopuruchi Onwuka Nigeria’s upstream petroleum industry regulator has opened the window into the struggle to recover the country’s petroleum liquids output from thieving vandals and dubious…

IEA cancels Peak Oil forecast, extends petroleum dominance by 25 years

Posted on September 12, 2025

Sopuruchi Onwuka Earlier predictions by the International Energy Agency (IEA) and similar analysts that oil and gas demand was crumbling under the weight of global campaign for energy transition and climate action…

OPEC+ stokes oversupply fears with 137,000 new barrels

Posted on September 12, 2025

Sopuruchi Onwuka Members of the Organization of Petroleum Exporting Countries and nonmember allies (OPEC+)are billed to pump in significant 137,000 barrels per day of new supply into the increasingly bearish oil market,…

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