Skip to content
Over 20 new licenses expanding domestic refinery base
Sopuruchi Onwuka The federal government has issued over 20 new refinery and gas processing licenses as the country battles to stabilize the domestic fuel market in the midst price jumps associated with reforms in the domestic downstream petroleum industry. The…
NCDMB to sustain innovation collaboration with Triple Helix
Sopuruchi Onwuka The Nigerian Content Development and Monitoring Board (NCDMB) has signaled plans to sustain collaboration with Triple Helix on research and development projects to maintain a steady stream of new knowledge in the Nigeria’s hydrocarbon industry. The local content…
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…
