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Players demand priority for gas investment bankability
Sopuruchi Onwuka Commercial investors and industry captains in the nation’s petroleum industry have demanded government to strengthen policy pillars that guarantee profitability of investments in realizing the country’s key objective of developing the domestic gas market. Delegated and panel debaters…
NUPRC woos investors ahead of licensing round
Players stake $18.2 bn to produce 600kbd Sopuruchi Onwuka Nigerian is pushing determined programmes to aggressively rebuild oil and gas production capacity from an industry that suffered acute investment drought and consequent plunge in production volumes in the past decade….
Divestments: Can independents secure Nigeria’s energy future with brown asset?
NAPE calls for seismic data update on Niger Delta Sopuruchi Onwuka Transfer of most onshore petroleum industry operations from the international oil companies to mainly indigenous independent companies puts the fate of the country’s economy in the efficient hands of…
Nigeria pumps 47.43 mbd of oil in September
Output impacted by PENGASSAN-Dangote spar Sopuruchi Onwuka Production of petroleum liquids from Nigeria’s oilfields totalled significant 47.43 million barrels in the month of September, indicating a slight drop from the August volumes. Official production data released by the Nigerian Upstream…
Weak market demand impedes gas penetration initiatives
Sopuruchi Onwuka Upstream producers and downstream distribution players in the domestic gas market are stuck with stagnant growth in the demand end of the chain, causing government’s initiatives on gas penetration to hit a commercial glitch. And without robust infrastructural…
NUPRC restates commitment to stable operating environment
As Eni posts 20% output growth at Abo Sopuruchi Onwuka Nigeria’s upstream petroleum industry regulator and administrator of oil licenses, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has restated its commitment to providing stable operating environment for commercial players in…
We need stable policies that derisk energy transition’ _Dr Uche Ogah
Sopuruchi Onwuka President of Masters Energy Group and former Minister of State for Mines and Steel Development, Dr. Uchechukwu Ogah, has asserted that Nigeria’s energy future is contingent upon effectively balancing significant reforms with practical national realities, urging stakeholders to…
Tamrose grows fleet by 200%, repays $10m NCIF Loan
Sopuruchi Onwuka Indigenous logistics and oilfield services company, Tamrose Limited, has declared that the $10 million low interest loan obtained from the Nigerian Content Development and Monitoring Bard (NCDMB) has propelled rapid growth in its fleet size from just four…
More medals as WIEN delegates continue to dominate industry debates
Sopuruchi Onwuka Africa’s foremost gender equity advocate, Women in Energy Network (WIEN), was weekend recognized by the Association of Energy Correspondents of Nigeria (NAEC) as the most influential voice and support platform for grooming and mobilizing female workforce for the…
Integrated field development should include gas fractionation plants
Sopuruchi Onwuka Players seeking to optimize resource value from stranded oilfields must not only adopt integrated field development model for onsite crude oil processing, but also include gas-to-liquid plants in order to curb flares and capture marginal values from associated…
