Skip to content
Fuel Scarcity: MOMAN demands liberalized market, internal energy shield
Sopuruchi Onwuka Federal government should adopt the measures being deployed by countries around the world to protect their domestic economy from the prevailing energy supply shocks and high prices stoked by the ongoing war between Russia and Ukraine. Part of…
NCDMB unveils ministerial regulations, charges industry on compliance
The Nigerian Content Development and Monitoring Board (NCDMB) has unveiled seven ministerial regulations that will provide a proper framework for monitoring the implementation of the Nigerian Oil and Gas Industry Content Development (NOGICD) Act. The regulations were approved by the…
‘NCDMB partnering Shell, Exxon, NAOC on Oil & Gas Parks’
Major international operating oil and gas companies, notably Shell Petroleum Development Company (SPDC) and Exxon Mobil Nigeria, and the Nigerian Agip Oil Company (NAOC)have made significant investments in support of the ongoing development of the Nigerian Oil and Gas Parks…
The audacity and constitutional imperative of HAB12
(Phillip Okey Igwe) HAB12 is a bill undergoing legislative passage into law in the 7th Abia House of Assembly. Sponsored by the member representing Umunneochi State Constituency and others, the bill whose long title is “A Bill for a Law…
Climate action: Global reserves drop by 9%
Sopuruchi Onwuka Total recoverable oil worldwide has indicated a peak, dropping by 9.0 percent from last year and threatening global energy security at a time price jumps associated with falling supplies trigger inflationary jumps across economies. According to Rystad Energy’s…
NCDMB to enlist security agencies in Nigerian Content Law enforcement
The Nigerian Content Development and Monitoring Board (NCDMB) seeks the collaboration of the nation’s law enforcement agencies in driving compliance of the Nigerian Content Act in the oil and gas industry. Executive Secretary, NCDMB, Mr Simbi Wabote, who hosted Nigerian…
Warri Refinery to host 100 kbd greenfield boost plant
The newly minted Nigerian National Petroleum Company (NNPC) Limited has initiated moves to accelerate its refining capacity recovery with the establishment of a new plant to boost capacity at Warri Refining and Petrochemical Company (WRPC) by 100,000 barrels per day….
US Gulf crude oil export to hit 4.8 mbd in 18 months
Sopuruchi Onwuka The stormy market turbulence caused by the Russian invasion of Ukraine and the scramble by producers to take greater supply roles will see the United States ramp up exports from its southern ports by significant 1.5 million barrels…
NERC to challenge Discos with embedded generation
Sopuruchi Onwuka Electricity Distribution companies in the country will soon be required by the industry regulator to boost supply hours with electricity generated internally within their network concessions. The Oracle Today reports that the requirement which is currently being articulated…
How Asian customers win the oil game prize
Russia, Saudi Arabia, EU are losers Sopuruchi Onwuka Asian countries, mainly India and China, have become the prize winners in the ongoing trade sanction spat between the industrialized economies of Europe and world’s third biggest oil producer and war monger,…
