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WIEN calls for structural reform to unlock women’s potential in energy sector
Sopuruchi Onwuka Female professionals, advocacy groups and women-led enterprises in Nigeria’s energy industry have raised concerns over low patronage from government and operating companies, despite growing opportunities in the global energy market. The leading advocacy group promoting gender equity and…
NNPC rebuilding corporate culture, shopping partners before future IPO __Ojulari
Sopuruchi Onwuka Nigeran National Petroleum Company (NNPC) Limited has declared that it is currently placing internal reform at the center of its transformation drive, with secondary objectives focused on plugging capacity gaps with private partnerships while exploring low-cost funding. Oracle…
Nigeria’s 2025 capital inflows surge 90% to $23.2 bn
Frank Okon Foreign capital inflows into Nigeria jumped nearly 90% last year, reaching $23.2 billion, driven largely by portfolio investment in the country’s bond and money markets. According to official data, net capital from abroad rose from $12.3 billion in…
Allies eye post-war mission to protect Strait of Hormuz
Ziggy Ojiegbe G7 nations have reaffirmed a unified commitment to safeguard maritime security in the Strait of Hormuz, pushing back against Iran’s emerging plan to impose tolls and tighten control over the critical global shipping route. Meeting in France, foreign…
FG authorizes SeaSeis for 3D seismic and gravity data acquisition
Sopuruchi Onwuka Nigeria’s petroleum rights administrator, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has authorized SeaSeis Geophysical Limited to launch off seismic and gravity data acquisition offshore Niger Delta. The seismic campaign hosted in a Petroleum Exploration License (PEL) No….
Record emissions push earth closer to climate catastrophe, WMO warns
Donald Asha The World Meteorological Organization has warned that accelerating greenhouse gas emissions are pushing the planet toward increasingly dangerous climate conditions, with long-term consequences for economies, ecosystems and human livelihoods. In its latest assessment, the UN weather agency said…
NUPRC backs high-stakes upstream investment forum at AOW:Energy 2026
Sopuruchi Onwuka The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has endorsed a new investment platform focused on Nigeria’s upstream oil and gas sector, set to take place during AOW:Energy 2026 later this year. Organisers say the Nigerian Upstream Investment Forum…
Energy and security risks rise as Gulf states signal possible counterstrikes
Frank Okon Fears of a wider conflict in the Middle East are growing after seven regional countries signaled that they may respond militarily to recent attacks attributed to Iran. In a joint statement issued on June 25, six members of…
Fatona urges FG to diversify resources, build resilience amid energy volatility
Sopuruchi Onwuka Nigeria needs to strengthen its ability to withstand shocks in the global energy market by diversifying across oil, gas and mineral resources, according to Layi Fatona, chairman of Renaissance Africa Energy Company Limited. Speaking at the 61st Annual…
Goldman Sachs lifts oil outlook as Hormuz disruption reshapes global markets
Goldman Sachs has sharply raised its oil price outlook for 2026, pointing to the prolonged disruption in the Strait of Hormuz as a defining shock to global energy markets. The bank now expects Brent crude to average $85 per barrel…
