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Russia implicated in Houthi rebels’ strikes on merchant ships
Russia has been helping Iran-backed Houthi rebels target British and Western ships in the Red Sea, Western media reviewed online by The Oracel Today reported Saturday. Houthi militants in Yemen have reportedly been using Russian satellite data as they increase…
Chevron’s Meji NW-1 Well bursts new lode
Sopuruchi Onwuka Chevron Nigeria Limited has declared that an appraisal drilling campaign in operated Petroleum Mining Lease (“PML”) 49 in shallow offshore Niger Delta delivered a significant hydrocarbon discovery. General Manager in charge of Policy Government and Public Affairs at…
NLNG presents PIC FUEL business case for Nigeria’s climate agenda
FG to save $140 bn on transition budget, displace diesel import by $8 bn Sopuruchi Onwuka The introduction of the PIC-FUEL technology for Nigeria’s industries brings game changing potentials that, when adopted through efficient regulations, would advance greenhouse gas emission…
Seplat canvasses ESG, regulatory frameworks for energy investments in Africa
Sopuruchi Onwuka Chief Financial Officer, Seplat Energy, Mrs. Eleanor Adaralegbe, gas called for standards and regulatory frameworks for implementation of Environment, Social and Governance (ESG in African countries, a media release from the company stated. Mrs. Adaralegbe told delegates at…
NLNG converts over 80 Tcf of flare gas to economic value
Sopuruchi Onwuka Africa’s largest liquefied natural gas exporter, the Nigerian LNG Limited, has led the country’s flare gas commercialization with harnessing and monetizing over 80 trillion cubic feet of gas to generate billions of dollars, thousands of jobs and innumerable…
Bid round: NUPRC pledges congenial regulatory, fiscal environment
Sopuruchi Onwuka Federal government has assured investors participating in the country’s 2024 licensing round for oil blocks that the processes have crossed significant stages, promising that new investors in the nation’s petroleum pay are guaranteed attractive operating terms. According to…
At 35, NLNG redefines the future with new logo
Sopuruchi Onwuka With unveiling of a new corporate logo, the Nigeria Liquefied Natural Gas (NLNG) Limited weekend declared a new vision for its business operations and social investments after 35 years of incorporation, 25 years of operations and 20 years…
WIEN, Smart Gas partner Women Affairs Minister on gas penetration
Sopuruchi Onwuka The Nigerian leading gender advocates in the energy industry, Women In Energy Network (WIEN) weekend partnered with the Minister of Women Affairs, Dr. Uju Kennedy, to drive a clean domestic fuel penetration programme in Anambra State. The occasion…
Renewables holds potential to improve energy access millions in Africa
Variable renewable energy (VRE) such as wind and solar working with advancements in battery storage can provide consistent power and create access for over 600 unconnected Africans, analysts at th3 2024 Africa Oil Week (AOW) have declared. The exposition formed…
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…
