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NUPRC’s 4-year scorecard indicates significant industry growth
Surpassed targets by over 84% Approved 79 FDPs with $39.98 bn investment profile Rig count jumps by 762.5% HCDTF mops up N358.67 bn Sopuruchi Onwuka The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has declared that the Nigerian petroleum industry in…
Eminent speakers confirmed for CORAN 2025 Summit
Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Engr. Farouk Ahmed, has been confirmed to lead speakers at the 2nd Nigeria Refining Summit, hosted by the Crude Oil Refinery Owners Association of Nigeria (CORAN). By drawing…
Shell to divest renewable ventures to focus on LNG in next decade energy production
Sees 60% percent LNG growth by 20240 European oil multinational, Shell, had declared intention to pursue low carbon energy production in the next 10 years, focusing on liquefied natural gas (LNG) as the biggest contribution to the energy industry in…
Bunker fuel to double global LNG demand by 2030
Demand for liquefied natural gas as a marine fuel will at least double by 2030 as abundant supply and rising emissions regulations spur orders for ships that can run on it, according to industry executives quoted in a Reuters’ report…
U.S. consolidates LNG exports with 9.3 MMTPA in August
The United States which used to be export destination for energy commodities from Africa and Middle East is now relentless with pushing its way into export leadership, pumping oil and natural gas into the export market with increasing capacity. Currently…
Eni and partners reach FID on Mozambique’s Coral North project
Italian energy multinational, Eni, has declared that it has taken definitive resolve to press on with an ultradeep offshore floating gas liquefaction project that would bring its overall liquefied natural gas (LNG) production to over 7.0 million tons per annum…
Seplat driving inorganic growth with operating efficiency – Roger Brown
Sopuruchi Onwuka Nigeria’s leading independent energy company, Seplat Energy Plc, has declared that its adoption of efficient operating processes and deployment of resilient workforce enabled it drive inorganic growth with brownfield assets. Chief Executive Officer, Roger Brown, declared at the…
Nigeria at 65: Chevron Nigeria’s Partnership with Nigeria for socio-economic development
[From Chevron Nigeria Limited] As Nigeria celebrates her 65th independence anniversary, Chevron companies in Nigeria are proud of our partnership and contribution to the social and economic development of the country. In over six decades of operation in Nigeria, Chevron…
Fatona joins the chorus for Africa’s resource control
In a bold call to action, Nigeria’s Renaissance Africa Energy Company Limited has urged African nations to take full ownership of the continent’s vast hydrocarbon resources, positioning energy leadership as the key to unlocking industrialization and sustainable development. “We are…
ExxonMobil to cut 2,000 jobs amid restructuring, oil market challenges
American multinational oil major, ExxonMobil, has announced plans to weed out significant 2000 workers mainly from its operations in Europe and Canada. It said in a statement that the purge planned to come into effect by 2027 would streamline its…
