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PNC 2025: NCDMB lists rapid progress as Nigerian Content hits 61%
Sopuruchi Onwuka The Nigerian Content Development and Monitoring Board (NCDMB) has at the 14th Practical Nigerian Content Forum hosted in Yenegoa, Bayelsa State, announced a new wave of achievements aimed at boosting local capacity across the oil and gas industry….
Komolafe confirmed Chairman as AFRIPERF anchors in Nigeria
The African Petroleum Regulators Forum has adopted Nigeria as its headquarters and elected the Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission, Engineer Gbenga Komolafe, as its substantive chairman. Komolafe served in an interim capacity before the confirmation. The…
Ekpo restates NCDMB’s programs that strengthen Nigeria’s energy sector
Sopuruchi Onwuka Minister of State for Petroleum Resources (Gas), Hon Ekperikpe Ekpo, has pledged full support for initiatives of the Nigerian Content Development and Monitoring Board (NCDMB), saying they push Nigeria toward a resilient, inclusive, and competitive energy industry. Speaking…
Chevron enters race for new Nigerian petroleum licenses
NUPRC portal goes live with 50 oilfields on offer Sopuruchi Onwuka American multinational energy company, Chevron, has declared intention to compete for new oil blocks in Nigeria as the nation’s acreage administrator, the Nigeria Upstream Petroleum Regulatory Commission (NUPRC), continues…
Million barrels mandate: Verheijen demands streamlined project economics, delivery speed
Sopuruchi Onwuka Special Adviser to the President on Energy, Mrs. Olu Arowolo Verheijen, has called for deeper collaboration, data driven regulation and faster project execution to sustain Nigeria’s momentum in upstream investments towards realization of rapid oil and gas production…
WIEN celebrates members’ OGTAN Awards
Ziggy Ojiegbe The Women in Energy Network (WIEN) has extended warm congratulations to three distinguished members who were recognized for excellence at the OGTAN Lagos Zone Annual Dinner and Awards. President of WIEN, Mrs. Eyono Fatai-Williams, declared in her congratulatory…
Digital initiatives can save petroleum industry over $320 bn _Rystad
Sopuruchi Onwuka Digital innovation is becoming a defining force for the oilfield services (OFS) sector as it adjusts to shifting market realities. According to a new analysis from global energy advisory firm Rystad Energy, the next five years could bring…
NCDMB launches $100m equity funds, weeds out dubious players
* Begins activation of industrial parks * Nigerian Content level hits 61% Sopuruchi Onwuka The Nigerian Content Development and Monitoring Board (NCDMB) has declared increased linkage between the huge budget upstream petroleum industry and the domestic economy, saying over 61…
NCF debts: NCDMB, NASS chase Sahara Energy, others
Sopuruchi Onwuka More trouble is underway for indigenous Sahara Group as both the National Assembly and petroleum industry value regulator, the Nigerian Content Development and Monitoring Board (NCDMB) vowed on Tuesday to deal decisively with upstream petroleum players evading mandatory…
Dangote Refinery mobilizes market for 1.5 bn-litre monthly fuel supply
Dangote Petroleum Refinery says it will supply one billion five hundred million litres of Premium Motor Spirit each month in December 2025 and January 2026 to ensure steady nationwide fuel availability through the festive season and into the New Year….
