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PIA: Gov Diri demands greater role for states
Sopuruchi Onwuka Governor of Bayelsa State, Senator Douye Diri, has urged the National Assembly to create greater role for the state governments in the Petroleum Industry Act (PIA) to enable them control oil producing communities. The governor whose address was…
Growth mandate: NUPRC demands enhanced operating environment, efficiency
Sopuruchi Onwuka Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has called on government to provide enhanced operating environment and transparent fiscal regimes that earn the confidence of global investors in the Nigerian petroleum industry. The Commission Chief Executive (CCE), Engr. Gbenga…
Deepwater developments: NCDMB mandates operators to prioritize local services
Sopuruchi Onwuka The federal government has mandated operators in the nation’s deepwater oil and gas play to prioritize use of local capacity in the upcoming field development projects already approved for execution, stressing that Nigeriancontent has moved from aspiration to…
Dangote assures stable Petrol prices amidst crude oil price fluctuation
Dangote Petroleum Refinery & Petrochemicals reaffirms that, despite the fluctuations in global crude oil prices, it has consistently reduced the price of Premium Motor Spirit (PMS), commonly known as petrol. The company, in a release, signed its Group Chief Branding…
Oil prices hang wait on conflict negotiations on Iran, Ukraine
Ease of sanctions on Iran is out of sight following sharp disagreement between the country and the United States. And the expected outcomes of the highly anticipated phone call between Presidents Vladimir Putin of Russia and Donald Trump of United…
Oil prices hang on conflict negotiations on Iran, Ukraine
Ease of sanctions on Iran is out of sight following sharp disagreement between the country and the United States. And the expected outcomes of the highly anticipated phone call between Presidents Vladimir Putin of Russia and Donald Trump of United…
Ozempic, others get more plaudits for cutting cancer risks
Medications such as Wegovy, Mounjaro and Ozempic were found to have disease-prevention qualities beyond their weight-loss benefits. Scientists from Israel said the drugs, also known as GLP-1s, may be up to 41 per cent more effective at preventing obesity-related cancer…
Is ExxonMobil laying out investment recovery agenda in Deepwater Nigeria?
Sopuruchi Onwuka American oil multinational major, ExxonMobil, appears to have activated a tranquil plan to mount production pressure on its deepwater assets in Nigeria as it lays out investment capital for greenfield developments and enhanced recovery programmes for brownfield assets….
Trump’s Middle East tour weighs on oil market fundamentals
Sopuruchi Onwuka Progress made on US-China trade negotiations and the improvement in the US-Iran nuclear negotiations have joined to erode pessimism on oil demand at a time the OPEC+ supply bloc has indicated nearly half a million barrels of incremental…
WIEN Woman Podcast activates Season II with Ganiyat Seriki
Sopuruchi Onwuka The nation’s foremost gender equity advocate, Women in Energy Network (WIEN), has finally launched the second season of its signature knowledge sharing audiovisual programme, the WIEN Woman Podcast. Season II of WIEN Woman Podcast brings Senior Associate at…
