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SEPLAT bursts into DomLPG play, hits market with 12,600 MT
Expects 283,000 tons per day from ANOH and Sapele in Q4 Sopuruchi Onwuka Leading indigenous energy company, Seplat, is bringing home the long awaited benefits from the shallow water assets previously operated by ExxonMobil in Nigeria, loading from the Bonny…
ExxonMobil earns NAPE Corporate Impact Award for Research & Development
ExxonMobil in Nigeria has been honored with the Corporate Impact Award for Research & Development at the Nigerian Association of Petroleum Explorationists (NAPE) 50 Golden Jubilee Awards, held at Eko Hotel & Suites, Lagos. The award was presented by Johnbosco…
NNPC/Sahara JV boosts LPG fleet with 40,000 CBM Vessel
Sopuruchi Onwuka WAGL Energy Limited, the special purpose entity for an NNPC Ltd. /Sahara Group Joint Venture, on Monday commissioned 40,000 cubic meters (CBM) Liquefied Petroleum Gas (LPG) vessel, christened “MT Iyaloja (Lagos),” in Ulsan, South Korea. According to a…
Rental economy has failed; Africa must develop with oil income __Avuru
The Chairman of AA Holdings Limited, Mr Austin Avuru, is an eminent geologist who has earned immense experience in oilfield operations, high level executive management, high-risk high-return investments, industry leadership, policy advocacy and investment advisory. Mr Avuru is the founding…
Global oil supply now up by 2.5 mbd in 2025 __Rystad
Sopuruchi Onwuka Supply of crude oil in the global petroleum market is on the rise by 370,000 barrels per day (370kbd) significant 2.5 million barrels per day (2.5 mbd) in 2025, stoking the fears of oversupply and pull on prices…
Putin quenches Trump’s fire in the oil market
Sopuruchi Onwuka All the market sentiments and related price movements associated with high stake peace meeting between President Donald Trump of the United States and Russian President Vladimir Putin went cold after the American president came from the meeting without…
More oil coming to market as global 2P reserves hit 1.5 trillion barrels
Global 1P reserves grow by 5Bbbls A total of 1.572 trillion barrels produced in past 124 years Sopuruchi Onwuka The world is not really coming to the end of petroleum consumption as more exploration and production investments achieve significant reserves…
Nigeria now better positioned to attract oil and gas financing _ Tony Attah
As Renaissance wins NAPE 2025 awards Sopuruchi Onwuka Managing Director and Chief Executive Officer of Renaissance Africa Energy Company Limited, Mr. Tony Attah, has stated that Nigerian players in the oil and gas industry are now better positioned, than in…
EIA sees steep fall in oil price as supply growth looms
Sopuruchi Onwuka, with agency reports Prices for global reference crude oil grades in the international markets are destined for sharp decline as oilfield technology and efficient operations translate to cheaper and higher volumes of the commodity, according to the latest…
NLNG demands de-risked gas supply infrastructure, sustainable investments
Sopuruchi Onwuka Africa’s leading liquefied natural gas company, the Nigeria LNG Limited, has restated its proposition for deliberate measures that build synergies for securing the country’s gas value chain and overcoming challenges to stabilize gas supply. Managing Director, Philip Mshelbila,…
