Nigeria demands credible bids in 2025 oil licensing round
Sopuruchi Onwuka The Ministry of Petroleum Resources has charged companies seeking to participate in Nigeria’s upcoming oil and gas licensing round to present credible proposals and clear evidence of technical and financial capacity as a condition for participation. Minister of…
Minister vows to strengthen Nigerian Content Fund, applauds Tamrose on fleet expansion
The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has praised Tamrose Limited for expanding its marine logistics fleet and extending its operations to Angola after securing support from the Nigerian Content Intervention Fund. Speaking at the Nigerian…
African ministers agree to drive energy access alongside transition
Sopuruchi Onwuka Governments of African nations have resolved to explore collaboration in driving projects and aligning policies that guarantee energy access to over 600 million citizens. They also stressed the need to prioritize immediate energy solutions while pursuing low carbon…
Ministers, regulators to lead talks at NAEC Energy Conference 2025
NAEC launches Annual Industry Awards On Thursday October 9, 2025, high profile stakeholders in the Nigerian oil & gas, power, mines, steel and solid minerals sectors including ministers, regulators, and operators will converge at Eko Hotel Lagos for the ANNUAL…
Chevron pledges enduring value for Nigeria
Sopuruchi Onwuka American multinational energy major, Chevron, has declared renewed commitment to unlocking Nigeria’s full energy potential and delivering lasting value to its people. Chairman and Managing Director, Jim Swartz, also told visiting Minister of State for Petroleum Resources (Oil),…
Lokpobiri fronts NCDMB to lead African industrialization
Sopuruchi Onwuka Federal government has declared that the petroleum industry value generator, the Nigerian Content Development and Monitoring Board (NCDMB) would continue development of local capacity development for home grown industrialization of the African continent. Minister of State for Petroleum…
Local refining: Lokpobiri confirms industry support for OTL 2025
The Honourable Minister of State Petroleum Resources (Oil), Senator Heineken Lokpobiri has highlighted the importance of the downstream value chain of the petroleum industry to Nigeria, and the commitment of the Federal Government to optimizing the country’s refining capacity. He…
Nigeria to close $20bn petroleum investments in 2025
* AEB to host AfreximBank’ $13 bn energy finance portfolio Sopuruchi Onwuka Significant $20 billion or N34 trillion of new investments are underway in the Nigerian petroleum industry. The revelation which came from the Minister of State for Petroleum Resources…
Climate action: Nigeria, APPO want petroleum decarbonization
Sopuruchi Onwuka Global funding for cleaner energy should be used in developing technology for decarbonization of available, affordable and abundantly accessible energy forms instead of driving demand migration to newer, costlier and scarce greener options. The Oracle Today reports that…
NCDMB critical to Tinubu’s economic recovery agenda – Lokpobiri
Sopuruchi Onwuka Use of products and services produced in-country is critical to the economic recovery agenda of the present government of President Bola Ahmed Tinubu, according to the Minister of State for Oil, Senator Heineken Lokpobiri. The minister said that…
