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Gas-to-power: FG to pay N185bn gas debt, and the wheel spins
Sopuruchi Onwuka The Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, recently announced that the federal government is preparing to pay about $128 million (roughly N185 billion) in gas debts tied to the gas-to-power program. It’s another reminder of…
2025 Licensing Round: NUPRC sets financial baseline for participants despite lower entry bar
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has stressed that only financially solid companies will qualify for the 2025 Licensing Round, even though the approved signature-bonus range has been set at a comparatively low $3 million to $7 million. The…
Heirs Energies, partners sign deals on OML 17 flare gas commercialization
Sopuruchi Onwuka The Nigerian National Petroleum Company (NNPC) Limited and Heirs Energies have formalized Gas Flare Commercialization Agreements for OML 17 under both the Nigerian Gas Flare Commercialization Program (NGFCP) and approved Non-NGFCP frameworks. The agreements moves the project from…
NCDMB takes home Ease of Doing Business Award for straight 4th year
Sopuruchi Onwuka The Nigerian Content Development and Monitoring Board has strengthened its position as a national leader in public sector efficiency, securing the Presidential Enabling Business Environment Council’s Transparency and Efficiency Champion Award for the fourth year in a row….
Stakeholders commend NCDMB on Local Content growth initiatives
Sopuruchi Onwuka The Nigerian Content Development and Monitoring Board received strong commendations from government leaders, lawmakers, and industry figures as it unveiled a fresh set of initiatives, accomplished tasks and confirmation that Nigerian Content has reached 61 percent in the…
PNC 2025: NCDMB lists rapid progress as Nigerian Content hits 61%
Sopuruchi Onwuka The Nigerian Content Development and Monitoring Board (NCDMB) has at the 14th Practical Nigerian Content Forum hosted in Yenegoa, Bayelsa State, announced a new wave of achievements aimed at boosting local capacity across the oil and gas industry….
Ekpo restates NCDMB’s programs that strengthen Nigeria’s energy sector
Sopuruchi Onwuka Minister of State for Petroleum Resources (Gas), Hon Ekperikpe Ekpo, has pledged full support for initiatives of the Nigerian Content Development and Monitoring Board (NCDMB), saying they push Nigeria toward a resilient, inclusive, and competitive energy industry. Speaking…
Million barrels mandate: Verheijen demands streamlined project economics, delivery speed
Sopuruchi Onwuka Special Adviser to the President on Energy, Mrs. Olu Arowolo Verheijen, has called for deeper collaboration, data driven regulation and faster project execution to sustain Nigeria’s momentum in upstream investments towards realization of rapid oil and gas production…
WIEN celebrates members’ OGTAN Awards
Ziggy Ojiegbe The Women in Energy Network (WIEN) has extended warm congratulations to three distinguished members who were recognized for excellence at the OGTAN Lagos Zone Annual Dinner and Awards. President of WIEN, Mrs. Eyono Fatai-Williams, declared in her congratulatory…
UK, Nigeria launch joint reforms for economic stability and growth
Sopuruchi Onwuka The British High Commission in Abuja has launched two major economic reform programs, the Nigeria Economic Stability and Transformation program and the Nigeria Public Finance Facility to propel stable growth in the country. The initiatives, according to the…
