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2025 Bid Round: NUPRC flaunts fiscal incentives to investors
Signs PSC with TotalEnergies-Sapetro consortium Sopuruchi Onwuka The government has called on global upstream petroleum industry investment community to seize the advantage of the prevailing regulatory, fiscal and governance regime in seeking exploration licenses in the upcoming next bid round…
Thirty-nine youths begin Chevron-Intels NC-HCD programme
Capacity building for Nigeria’s maritime sector received a boost on Friday in Port Harcourt, Rivers State, where 39 young graduates underwent preliminary processes for cadetship under a Nigerian Content-Human Capacity Development (NC-HCD) programme of Chevron Nigeria Limited and Intels Nigeria…
Nigeria’s gas export leaps as domsupply, flares dim
Sopuruchi Onwuka Nigeria’s gas production and export began the second half of the year on bullish note with both production and export posting new records while fluctuation in domestic consumption volumes posted disturbing signals. Latest industry production dashboard made available…
Zigma Energy Chief canvasses for holistic policy ecosystem for petroleum industry
Sopuruchi Onwuka Chief Executive Officer of Zigma Energy Limited, Mrs Funmi Ogbue, has called for integrated growth agenda, industrial ecosystem and policy implementation strategies that propel transformation in the petroleum industry. She specifically canvassed for development of industrialized operating base…
HSI Energies canvasses domestic energy consumption boost
Sopuruchi Onwuka Group Chief Executive Officer of HIS Energies, Mr Chiezie Nwosu, has declared that enhanced oil and gas production has become urgent following increasing propositions for investments in local refineries and industrial parks. He told Oracle Intelligence that petroleum…
UKNIAF partners NGF on State-led electricity market reforms
Sopuruchi Onwuka The United Kingdom Nigeria Infrastructure Advisory Facility (UKNIAF) has forged partnership with the Nigerian Governors’ Forum (NGF) on major national initiative to support State-led electricity market reforms. The British High Commission stated weekend UKNIAF and the NGF have…
NCDMB, Coppercrux, bring CNG businesss opportunities to South-South youths
The Nigerian Content Development and Monitoring Board (NCDMB) has conducted a five-day Compressed Natural Gas (CNG) opportunity Awareness and Capacity Building Workshop for youths in the South-South region of the country. The training which was delivered in collaboration with Coppercrux…
Renaissance earns its place into IOGP membership
Sopuruchi Onwuka Nigerian petroleum exploration and production company, Renaissance Africa Energy Company Limited, has become the third Nigerian company and the fourth in Africa to be welcomed into the International Association of Oil & Gas Producers (IOGP). The IOGP is…
Chinese refineries process 14.85 mbd, boost fuel exports
Sopuruchi Onwuka Despite being world’s biggest importer of crude oil and condensate, China’s export of fuels including petrol, diesel, and jet fuel surged by double digits to multi-month highs in July as plant throughput jumped by 9% to 14.85 million…
Rivers State working to reconnect Port Harcourt to WECP
Sopuruchi Onwuka The Rivers State government has declared plans to restore Port Harcourt’s membership in the World Energy City Partnerships (WECP), nearly a decade after the city lost its connection to the global network of energy hubs. The move to…
