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Nigeria exports 24.42 Mbbls petroleum liquids in August
Unplanned maintenance eats off 80kbd from monthly average Sopuruchi Onwuka The Nigerian upstream petroleum industry pushed significant 24.42 million barrels of hydrocarbon liquids into the domestic and foreign markets in the month of August, 2025. The Crude Oil and Condensate…
Seplat declares commitment to sustainable growth
* Says it hit jackpot with MPNU acquisition Sopuruchi Onwuka Seplat Energy Plc has declared commitment to strong corporate governance standards, inorganic asset acquisition and rapid capacity development in order remain in the path of sustainable growth. The company also…
Komolafe assures energy players of clear, rewarding fiscal climate
Sopuruchi Onwuka Nigeria’s upstream petroleum regulator has urged international exploration and production companies to seize the opportunities presented in prevailing regulatory environment to invest in Nigeria’s oil and gas industry. Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC),…
OGTAN restates commitment to stronger, high skilled workforce
Sopuruchi Onwuka Oil and Gas Trainers Association of Nigeria (OGTAN) has restated its resolve to continue grooming effective fit-for-purpose skill set for stronger and more resilient energy industry in Nigeria. President of the of the group, Chris Osarumwense, declared at…
Rising oil production is way out of Nigeria’s economic quandary __Ekpenyong
Sopuruchi Onwuka Nigeria has the opportunity of reviving old oil and gas facilities for enhanced oil production from old and abandoned oilfields in order to achieve broader economic aspirations that entail boost in foreign exchange income and strengthening of the…
NLNG deploys AI for enhanced safety, business performance
Sopuruchi Onwuka Africa’s leading natural gas exporting company, the Nigeria Liquefied Natural Gas (NLNG) Limited, has declared adoption of artificial intelligence (AI) in its operations as critical lever in delivering on the mandate of efficient and sustainable energysupply. Deputy Managing…
Kachikwu canvasses $1bn pan-industry NCI Fund
Recommends timeline for field development projects Sopuruchi Onwuka Former Minister of State for Petroleum Resources, Prof. Emmanuel Ibe Kachikwu, has canvassed that the $450 million Nigerian Content Intervention Fund (NCI Fund) be increased to $1.0 billion, to cover the funding…
African local content policies must complement, not negate ACFTA vision
Nigerian oil independents are technically capable, but poorly funded Dr. Emmanuel Okoroafor, erudite and practiced, sits on the board of one of Nigeria’s fasted growing integrated energy companies, Hobark International Limited, as Executive Director. With over 30 years of vast…
Dangote wants Africa to displace raw materials export with manufacturing
Marks Special Day at ongoing Intra-African Trade Fair in Algiers President of Dangote Industries Limited, Aliko Dangote, has called on Africans to adopt industrialisation, develop robust regional value chains and deepen intra-African trade to boost overall development across the continent….
Elon Musk in deal with Tesla board to grow capitalization to $8.5 trn
Underway to becoming tentative trillionaire Sopuruchi Onwuka, with agency reports American tech billionaire, Elon Musk, who is already the world’s richest person, is in deal with the board of troubled electric vehicle (EV) maker, Tesla, to focus on growing the…
