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Nigeria’s exit from FATF Grey List indicates response, not progress
Sopuruchi Onwuka At this time of prevailing foreign exchange crunch and resilient inflationary trends, Nigeria’s removal from the Financial Action Task Force (FATF) “grey list” could become a crucial catalyst for stabilizing the economy, lowering inflation, and reopening access to…
OTL 2025: PIA, regulations must expand to cover new realities
Sopuruchi Onwuka Evolving market trends and fierce competition associated with the deregulation of the downstream petroleum industry are beginning to expose gaps in the regulations that govern the terms of play in the industry. With the multiplicity of local refining…
IMO reworking net-zero framework for easy adoption
Proposed delay in the implementation of the Net-Zero Framework (NZF) by the International Maritime Organization’s (IMO) will give member states time to refine ambiguous or contentious elements to produce a stronger, more implementable framework for marine transport. According to analysis…
Petroleum industry converges for OTL Africa Downstream Energy Week
WIEN takes exhibition booth to engage Sopuruchi Onwuka As the last quarter industry debates continue to shape agenda for the next year, players in the midstream and downstream segments of the energy sector are prepared to engage policy drivers and…
AOW:Energy celebrates record shattering debut in Ghana
Nigeria-led AFRIPERF Charter tops conference feats Sopuruchi Onwuka With 25 governments, African Union, Africa Petroleum Producers Organization (APPO), international environmental advocacy groups and other multilateral organizations engaging and shaping policies at the 2025 Africa Oil Week in Ghana, the organizers…
Chevron reaffirms commitment to Nigeria’s energy future
Sopuruchi Onwuka Chevron Nigeria Limited has assured the federal government of its commitment to realizing the country’s key aspirations in the petroleum industry, stating that its businesses in Nigeria have been modified to align with the Decade of Gas and…
Shell demands infrastructure, policy stability for gas investments
Sopuruchi Onwuka Nigerian affiliates of Shell have called on the government to provide the necessary infrastructure and supportive policies that form the base support for commercial investments in the country’s gas industry. The company’s delegates at the third Gas Investment…
Ambiguous Presidential directives create systemic problems –Nwapa
Sopuruchi Onwuka Former Executive Secretary of the Nigerian Content Development and Monitoring Board (MCDMB), Dr Ernest Nwapa, has declared that observed ambiguities in the Presidential Directives have created systemic problems that require institutional adjustments to address. Nwapa who delivered a…
Ambiguous Presidential directives create systemic problems –Nwapa
Sopuruchi Onwuka Former Executive Secretary of the Nigerian Content Development and Monitoring Board (MCDMB), Dr Ernest Nwapa, has declared that observed ambiguities in the Presidential Directives have created systemic problems that require institutional adjustments to address. Nwapa who delivered a…
IEA sees huge global oil market oversupply
Market watchdog providing advisory for industrialized European and American countries, the International Energy Agency (IEA) has predicted supply glut in the global oil market in the last quarter of the year and 2026. The agency which services the interest of…
