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FG should provide environment for energy diversification investments __Falcon MD
Sopuruchi Onwuka Managing Director of Falcon Corporation, Mr Audrey Joe-Ezigbo, has added a strident voice to the resonating pan-industry demand for enhanced fiscal regimes, operating terms and infrastructural environment to enable the country position strongly in the unfolding energy transition….
Investment impasse: NGA demands PIA review to address urgent challenges
Sopuruchi Onwuka The Nigerian Gas Association (NGA) has called for wide stakeholder engagement and consultation for an immediate and critical review of the Petroleum Industry Act (PIA) to address impediments hindering investment and ease of doing business. The President of…
Affordable, reliable energy key to creating jobs in Africa – Seplat CEO
Affordable and reliable energy provides the right platform for businesses in Africa to create and retain jobs for its fast growing population and further make the Continent sustainable. Access to energy and energy security remains critical for the Continent, and…
Divestment deals will restore oil industry vibrancy __NCDMB
Sopuruchi Onwuka Contrary to fears of job losses and industry activity downsize, Nigerian Content Development and Monitoring Board (NCDMB) has assured that the prevailing transfer of brownfield oil and gas assets from international oil companies to indigenous independent companies will…
NUPRC introduces advanced cargo declaration to tackle oil theft
As part of efforts to curb incessant oil theft in the country, the Nigerian Upstream Regulatory Commission (NUPRC) has introduced Advanced Cargo Declaration regime in upstream petroleum operations to arrest oil robbery and curtail export of stolen crude oil. The…
NDDC, NLNG sign pact to maximise impact of development in Niger-Delta
The Niger Delta Development Commission (NDDC) and Nigeria LNG Limited (NLNG) today signed a Memorandum of Understanding (MoU) to leverage shared aspirations and collaborate on diverse fronts in the delivery of sustainable development projects in the region. At a brief…
African economies to rebound in 2024
Africa’s economic activity will likely slow again this year amid taxing headwinds but is expected to recover in 2024, according to the International Monetary Fund’s latest regional outlook. Growth in sub-Saharan Africa’s gross domestic product is forecast to edge down…
NGA President demands suitable fiscal terms for gas
Sopuruchi Onwuka The Nigeria Gas Association (NGA) has called on government to dismantle all policy and fiscal impediments to production and utilization of gas in addressing energy poverty in the country. The association declared that the country’s current position in…
Harsh operating environment: How would NLNG reach Train-12?
Sopuruchi Onwuka Despite the laudable plans by the government to develop secure market for Nigeria’s huge natural gas resources; its failure to address huge investment and operational challenges in the domestic environment has continued to drain the results. And with…
Nigeria is losing global gas market share – Mshelbila
Nigeria must be deliberate in its desire to take opportunities offered by the energy transition, the recognition of gas as a transition fuel and the quest for clean energy to increase its gas investment and harvest the gains from gas,…
