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Investment impasse: NGA demands PIA review to address urgent challenges
Sopuruchi Onwuka The Nigerian Gas Association (NGA) has called for wide stakeholder engagement and consultation for an immediate and critical review of the Petroleum Industry Act (PIA) to address impediments hindering investment and ease of doing business. The President of…
NCDMB critical to Tinubu’s economic recovery agenda – Lokpobiri
Sopuruchi Onwuka Use of products and services produced in-country is critical to the economic recovery agenda of the present government of President Bola Ahmed Tinubu, according to the Minister of State for Oil, Senator Heineken Lokpobiri. The minister said that…
Affordable, reliable energy key to creating jobs in Africa – Seplat CEO
Affordable and reliable energy provides the right platform for businesses in Africa to create and retain jobs for its fast growing population and further make the Continent sustainable. Access to energy and energy security remains critical for the Continent, and…
Divestment deals will restore oil industry vibrancy __NCDMB
Sopuruchi Onwuka Contrary to fears of job losses and industry activity downsize, Nigerian Content Development and Monitoring Board (NCDMB) has assured that the prevailing transfer of brownfield oil and gas assets from international oil companies to indigenous independent companies will…
NUPRC introduces advanced cargo declaration to tackle oil theft
As part of efforts to curb incessant oil theft in the country, the Nigerian Upstream Regulatory Commission (NUPRC) has introduced Advanced Cargo Declaration regime in upstream petroleum operations to arrest oil robbery and curtail export of stolen crude oil. The…
NDDC, NLNG sign pact to maximise impact of development in Niger-Delta
The Niger Delta Development Commission (NDDC) and Nigeria LNG Limited (NLNG) today signed a Memorandum of Understanding (MoU) to leverage shared aspirations and collaborate on diverse fronts in the delivery of sustainable development projects in the region. At a brief…
African economies to rebound in 2024
Africa’s economic activity will likely slow again this year amid taxing headwinds but is expected to recover in 2024, according to the International Monetary Fund’s latest regional outlook. Growth in sub-Saharan Africa’s gross domestic product is forecast to edge down…
WIEN requests Tinubu to embrace gender diversity, inclusion
Foremost gender advocacy group in the energy industry, Women in Energy Network (WIEN), has requested President Bola Ahmed Tinubu to embrace gender equity and inclusion in meeting the 35 percent inclusion policy on key government appointments. The group which promotes…
HEOSL urges hospitable fiscal regime for gas
Worried about the dearth of quality investment in the nation’s oil and gas sector and the need to attract more investments, the Chief Executive Officer of Heritage Energy Operational Services Limited (HEOSL), Ado Oseragbaje has retreated that good regulatory framework,…
NGA President demands suitable fiscal terms for gas
Sopuruchi Onwuka The Nigeria Gas Association (NGA) has called on government to dismantle all policy and fiscal impediments to production and utilization of gas in addressing energy poverty in the country. The association declared that the country’s current position in…
