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‘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…
Milan to host Gastech 2022 in September
Gas Technology conference also called Gastech will by September pool global industry players and policy makers to venue to evolve new pathways into emerging forms of cleaner energy. The event which is organized by the DMG Events will host world’s…
Climate targets are still within reach __Rystad
The Chief Executive Officer of Rystad Energy, Jarand Rystad, stated in an xtraordinary market note on the energy transition and limiting of global warming to 1.5-degrees that the planet also needs to achieve large scale decarbonization of the industrial sector…
Supreme Court halts Shell’s oil asset divestment
Sopuruchi Onwuka Schemes by Shell Petroleum Development Company (SPDC) to recover its investments in the Niger Delta and walk away after years of deep seated pollution have been halted by the nation’s Supreme Court which ruled that the company is…
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…
Marginal fields: 161 firms get licenses for 57 fields
Federal government has finally delivered the long awaited Petroleum Prospecting Licenses (PPLs) to some 161 indigenous companies that qualified from the 2020 marginal bid round. The awards which were distributed by Nigerian Upstream Petroleum Regulatory Commission (NUPRC) on Tuesday at…
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….
Seplat, others to lead in meeting domestic energy demand
Leading Nigerian independent energy company, Seplat Energy Plc, and other in African energy producers are projected to drive business growth with the rising Africa’s energy demand in the decade. Global management consulting firm, Mackinsey & Company, declared at the Seplat…
