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FG commends NCDMB on catalyzing domestic refining
Sopuruchi Onwuka Federal government has declared priority on midstream petroleum projects that would solve immediate domestic energy needs of the country, stating that small scalable refining and marginal field development projects have become critical in industry value creation. The Minister…
What has Austin Avuru become?
Sopuruchi Onwuka It is almost a bizarre struggle to attempt describing a phenomenon that is continuously amorphous because constant changes in such circumstances introduce new features that compel relentless modifications in interpretation, depiction and appellation. Such phenomenal dynamism, normally associated…
Kyari calls for adaptation to changing energy landscape
The Group Chief Executive Officer of the Nigerian National Petroleum Company (NNPC) Limited, Mallam Mele Kyari, has charged stakeholders within the Nigerian oil and gas industry to adapt, evolve and lead in the ever-changing global energy landscape. Kyari gave this…
Roger Brown urges Africa to conserve its resources for future energy
Africa should reposition the energy industry for the future and become much more efficient with its energy resources, the Chief Executive Officer, Seplat Energy Plc, Mr. Roger Brown has said. He urged African countries to accept the fact that energy…
Nigerian economy defied COVID-19 to gross N14.38 Trn in 2020, 2021 __NEITI
Sopuruchi Onwuka Despite the deleterious impact of the novel coronavirus disease popularly called COVID which shut down the global economy and neutralized oil prices, public enterprises and taxes mopped in significant N14.38 trillion in 2020 and 2021. The revenue performance…
Mr. Charles Nwachukwu is alternative dispute coordinator at NMDPRA
The Authority Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has appointed Mr. Charles Nwachukwu as the Coordinator of the Midstream and Downstream Petroleum Alternative Dispute Resolution Centre (MDPADRC). The MDPADRC was established pursuant to the…
FG urged to review operating terms with IOCs
Sopuruchi Onwuka Nigeria must restructure its petroleum asset lease administration and investment partnership patterns in the face of the prevailing push for energy transition or risk holding large stranded reserves by 2050 when significant demand shift from fossil energy is…
Refining capacity might outstrip crude production, Wabote warns
Sopuruchi Onwuka With capacity regeneration in the midstream petroleum industry in the country, the falling crude oil production capacity might turn Nigeria into a net importer of crude oil if concerted efforts are not speedily coordinated to boost petroleum liquids…
NLNG plants on maintenance not shut down
Sopuruchi Onwuka The Nigeria Liquefied Natural Gas (NLNG) Limited has declared that whereas its processing plants undergo routine maintenance for sustainable operations, it does not entail a total shutdown. The company was responding to a media report report on 12th…
TotalEnergies pledges 9.4 MW of renewable energy by 2025
Sopuruchi Onwuka French multinational energy major, TotalEnergies, has pledged to assist in meeting Nigeria’s electricity demand by adding significant 9.4 megawatts of supply through renewable sources. The company which has developed more oilfields in the past decade than any operating…
