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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…

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…