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Energy

Nigerian energy industry is transitioning from multiple fronts _ Oseragbaje

Sopuruchi Onwuka Heritage Energy Operational Services Limited (HEOSL) calls on stakeholders in the Nigerian energy sector to rise to the challenges multiple transitions in the domestic industry. The company which operates the Oil Mining Lease (OML) 30 for Nigerian Petroleum…

Marketers, consumers lay conditions for deregulation

Poverty level too high for costly fuel Sopuruchi Onwuka Stakeholders in the Nigerian downstream petroleum industry have called on government to take convincing steps towards addressing multiple imbalances that unsettle the domestic fuel market, warning that it has become increasingly…

JV divestments: NUPRC owes new investors deal guidelines

Sopuruchi Onwuka Industry response to the raging debate over the approval processes in the acquisition deal between American oil multinational firm, ExxonMobil, and indigenous multinational independent firm, Seplat, appears to raise anxiety about the fate of similar deals under the…

Elon Musk says petroleum needed to sustain civilization

Inventor who is driving electric vehicle innovation, Mr Elon Musk, has declared that oil and gas remain relevant to sustain human civilization. Elon Musk is the Chief Executive Officer of Tesla, the leading global brand in electric vehicle EV and…

NLNG restates commitment to Nigerian Content policy

The management of the Nigeria Liquefied natural Gas (NLNG) Limited has restated the commitment of the company to delivering full economic benefit from all its operations.  The company which leads gas export operations in Nigeria pledged that it would drive…

NCDMB, NLNG deepen partnership on projects, LPG penetration

$5bn Train-7 project to create 50,000 jobs The Nigerian Content Development and Monitoring Board (NCDMB) and the Nigeria Liquefied Natural Gas (NLNG) Limited will set up a tactical team comprising nominees from both organizations to drive closer collaboration on projects,…

Shell Nigeria Gas deploys firm on domestic gas market survey

Sopuruchi Onwuka Domestic gas supply factor, Shell Nigeria Gas Limited (SNG), has declared engagement of consultants in a far-reaching gas market survey in 33 percent of the states in Nigeria. Shell said in a statement that the survey is to…

Nigeria mops N12.6 Trn in H1 oil income

Eyes N20.4 trn in 2022 Sopuruchi Onwuka Nigeria has accumulated princely $21 billion or some N12.6 trillion oil income in the first seven months of the year, posting an outlook of significant $37 billion or N20.4 trillion for the year….

NGA hosts Learning Solutions series

The Nigerian Gas Association (NGA) has announced a schedule doe for its planned Learning Solutions, a certificated course of study and training program. According to newsletter dissipated by the association which houses all upstream and midstream oil and gas companies…

Savannah Energy, Notore enter fresh GSA

Sopuruchi Onwuka British independent energy company, Savannah Energy PLC, has declared that its local affiliate, Accugas Limited, has inked a new gas sales agreement (GSA) with Notore Chemical Industries PLC (Notore). Savannah brands itself as Africa focused and indirectly owns…