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Energy

Nigeria’s laying regulatory model for Africa’s petroleum industry _Komolafe

Sopuruchi Onwuka Governments of petroleum producing countries in Africa may need to adopt the well conceived and robustly developed regulatory templates that are already in operation in Nigeria as the continent works towards harmonized standards and cross border infrastructure build…

NOG Energy Week: Industry leaders endorse NCDMB’s strategies

Sopuruchi Onwuka Players and investors in the Nigerian petroleum industry have roundly given their support to strategies and activities mapped by the Nigerian Content Development and Monitoring Board (NCDMB) for effective implementation of the local content policy in the sector….

We continuously invest in electricity delivery infrastructure _EKEDC

Sopuruchi Onwuka The Eko Electricity Distribution Company (EKEDC) has restated its resolve to continue investing in development of network and sundry infrastructure necessary for efficient discharge if its electricity supply responsibilities to its customers. The company’s pledge comes at it…

Future of energy is lower carbon, Chevron tells Nigeria

Sopuruchi Onwuka Whereas Nigeria and other African governments vow to continue development of their hydrocarbon resources for multiple economic purposes including foreign exchange income, international energy company companies have also continued to stress the need for the continent to align…

After River Niger crossing, AKK Gas Pipeline to complete connections by December __Ojulari

Sopuruchi Onwuka The domestic gas market is set to further expansion with the imminent completion of the Ajaokuta-Kaduna-Kano (AKK) pipeline the critical connections along whose route are expected to be competed in the next six months. Group Chief Executive Officer…

Growth Target: Petroleum players demand less distraction from lawmakers

 Sopuruchi Onwuka For the petroleum players to assist the present administration of the federal government meet its mandate of increasing the nation’s oil output by a million barrels per day in the immediate term, the lawmakers need to end the…

Shell goes bullish in Nigeria’s deepwater with 67.5% stake in OML 118

*Pays $1.208 bn royalties to FG, maps $5 bn for Bonga North project  *Dazzles NOG delegates with elaborate exhibition Sopuruchi Onwuka After loading off its onshore exploration and production portfolios with the basket divestment of Shell Petroleum Development Company (SPDC)…

Gas players demand collaborative ecosystem to unlock Nigeria’s full potential

Sopuruchi Onwuka Top brass of Nigeria’s gas players have called on the government to facilitate evolution of a collaborative ecosystem that makes the operating environment congenial for realization of prime national economic aspirations for the gas industry. Eminent panelists at…

NNPC says internal sabotage has risen against imminent reforms

Sopuruchi Onwuka The new leadership of the Nigerian National Petroleum Company (NNPC) Limited has declared that it facing internal resistance to ongoing reforms conceived to reposition the company for greater efficiency. It also vowed to remain focused and undeterred in…

Dangote’s N720bn CNG trucks to save Nigerians N1.7trn, lift 42m MSMEs

Dangote Petroleum Refinery stated that over N720 billion it invested in deploying 4,000 gas fired trucks for the nationwide distribution of petroleum products is expected to save Nigerians over N1.7 trillion annually. This bold step will see the privately-owned refinery…