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Ambiguous Presidential directives create systemic problems –Nwapa
Sopuruchi Onwuka Former Executive Secretary of the Nigerian Content Development and Monitoring Board (MCDMB), Dr Ernest Nwapa, has declared that observed ambiguities in the Presidential Directives have created systemic problems that require institutional adjustments to address. Nwapa who delivered a…
NUPRC declares N373 bn for HCDTs, 536 Host Community projects
Sopuruchi Onwuka Government’s intervention in development of petroleum industry host communities have continued to generate greater dividends for the people as the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) declares that the Host Community Development Trusts (HCDT) managing industry intervention in…
NCDMB, development banks update players on NCDF finance cycle
The Nigerian Content Development and Monitoring Board (NCDMB) is engaging players in the Nigerian petroleum sector with clear explanations on enhanced innovations in the management of the Nigerian Content Development Fund (NCDF) designated for facilitating project delivery in the local…
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…
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…
Service delivery: NCDMB, NDDC engage in knowledge sharing session
Sopuruchi Onwuka Nigerian Content Development and Monitoring Board (NCDMB) and the Niger Delta Development Commission (NDDC) have committed to strong inter-agency collaboration, peer review of operations in the pursuit for improved corporate governance, enhanced performance and effective service delivery to…
Afri-6 fuel standard puts modular refinery investments at risk
Dormant institutional funds must be unfrozen to fund petroleum investments Africa Energy Bank still on course for activation by December Sopuruchi Onwuka Imposing global quality standards for Nigeria’s fledgling domestic midstream petroleum industry migh prove counterproductive by draining the commercial…
