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Mistakes in divestment process come with consequences __NUPRC
Sopuruchi Onwuka The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has called for patience of players in the industry over the pending divestment of commercial interest from international oil companies to mainly indigenous independent petroleum companies; warning that any mishap in…
NLNG dedicated to capacity LPG supply to Nigerian market
Sopuruchi Onwuka The Nigerian Liquefied Natural Gas (LNG) Limited has declared delivery of its total stock of liquefied petroleum gas (LPG) or cooking gas produced at its process plants to the Nigerian market. The declaration is followed by the company’s…
NNPC shops bigger demand for falling gas output
Sopuruchi Onwuka The federal government has activated global investment campaign that flaunts Nigeria’s huge gas supply potentials instead of available capacity for physical volumes; and this has raised concerns in the industry over the tendency to ignore pressing challenges in…
Ebereonwu canvasses industry-academia collaboration to close skill gaps
Sopuruchi Onwuka Emerging Nigerian petroleum industry policy analyst, Dr Charles Ebereonwu, has called for effective collaboration between the nation’s industrial sector and the academia in order to deepen innovations that propel economic development of the country. Dr Ebereonwu, who currently…
Nigerdock hosts UNIDO, NIPC delegations to foster investment and technology partnerships
Nigerdock, a leading Nigerian maritime and logistics company and promoter of Snake Island Integrated Free Zone (SIIFZ), recently hosted a delegation from the United Nations Industrial Development Organization (UNIDO) as part of efforts to drive the development of sustainable foreign…
COP28: Industrial economies agree, oil factors decide
Sopuruchi Onwuka Whereas the nations that currently rely on petroleum income make vain efforts to assert the resilience of petroleum demand in the prevailing energy transition saga, industrialized nations of the world pushing climate agenda are also determined to migrate…
Singapore $73 bn to protect every ‘inch of land’ from water
Sopuruchi Onwuka, with agency report One of Asia’s industrial economies, Singapore, is working to save every inch of its land territories from rising sea level amidst rising concerns about climate change and extreme weather which are blamed for flooding of…
Oando is ahead of Africa’s ESG curve
Nigeria’s leading indigenous energy solutions provider, Oando, has been confirmed the leader in Africa’s efforts to conform to new global environmental and sustainability standards through its innovative investments in business portfolios that wipe off its operational footprints on the environment….
FG should provide environment for energy diversification investments __Falcon MD
Sopuruchi Onwuka Managing Director of Falcon Corporation, Mr Audrey Joe-Ezigbo, has added a strident voice to the resonating pan-industry demand for enhanced fiscal regimes, operating terms and infrastructural environment to enable the country position strongly in the unfolding energy transition….
Fossil still accounts for 80 percent of global energy mix __Eni
Sopuruchi Onwuka Despite the global hype for energy transition, indications are rife that coal, oil and gas will continue to dominate the global energy demand in the foreseeable future even as new and greener energy forms continue in slow growth…
