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Chevron enters race for new Nigerian petroleum licenses
NUPRC portal goes live with 50 oilfields on offer Sopuruchi Onwuka American multinational energy company, Chevron, has declared intention to compete for new oil blocks in Nigeria as the nation’s acreage administrator, the Nigeria Upstream Petroleum Regulatory Commission (NUPRC), continues…
Million barrels mandate: Verheijen demands streamlined project economics, delivery speed
Sopuruchi Onwuka Special Adviser to the President on Energy, Mrs. Olu Arowolo Verheijen, has called for deeper collaboration, data driven regulation and faster project execution to sustain Nigeria’s momentum in upstream investments towards realization of rapid oil and gas production…
WIEN celebrates members’ OGTAN Awards
Ziggy Ojiegbe The Women in Energy Network (WIEN) has extended warm congratulations to three distinguished members who were recognized for excellence at the OGTAN Lagos Zone Annual Dinner and Awards. President of WIEN, Mrs. Eyono Fatai-Williams, declared in her congratulatory…
NCSP and PICTT sign pact for technology transfer, industrial development
Sopuruchi Onwuka The Nigeria–China Strategic Partnership (NCSP) and the Presidential Implementation Committee on Technology Transfer (PICTT) have signed a Memorandum of Understanding to advance cooperation in technology transfer, industrial development and strategic investment facilitation. The ceremony brought together the NCSP…
Digital initiatives can save petroleum industry over $320 bn _Rystad
Sopuruchi Onwuka Digital innovation is becoming a defining force for the oilfield services (OFS) sector as it adjusts to shifting market realities. According to a new analysis from global energy advisory firm Rystad Energy, the next five years could bring…
AltBank takes non-interest banking solutions to Delta State
Sopuruchi Onwuka The Alternative Bank (AltBank), Nigeria’s non-interest bank, has opened its flagship branch in Effurun, Delta State in a plan to reshape how people across the Edo and Delta region experience banking. The bank stated in a media release…
UK, Nigeria launch joint reforms for economic stability and growth
Sopuruchi Onwuka The British High Commission in Abuja has launched two major economic reform programs, the Nigeria Economic Stability and Transformation program and the Nigeria Public Finance Facility to propel stable growth in the country. The initiatives, according to the…
NCF debts: NCDMB, NASS chase Sahara Energy, others
Sopuruchi Onwuka More trouble is underway for indigenous Sahara Group as both the National Assembly and petroleum industry value regulator, the Nigerian Content Development and Monitoring Board (NCDMB) vowed on Tuesday to deal decisively with upstream petroleum players evading mandatory…
Dangote Refinery mobilizes market for 1.5 bn-litre monthly fuel supply
Dangote Petroleum Refinery says it will supply one billion five hundred million litres of Premium Motor Spirit each month in December 2025 and January 2026 to ensure steady nationwide fuel availability through the festive season and into the New Year….
PNC: NCDMB summons industry to Local Capacity and Energy Transition debate
Sopuruchi Onwuka The 2025 Practical Nigerian Content Forum will today launch off with a welcome reception that brings government officials, industry leaders, and energy stakeholders to Yenagoa for four days of discussions on the future of Nigeria’s oil and gas…
