OPEC pegs Nigeria’s crude oil quota at 1.5m bpd for 2024
... as Amb. Aduda becomes Alternate Chairman for OPEC Board of Governors Oredola Adeola The OPEC secretariat has...
Exploration
Norway’s Equinor makes divestment plan, sells Nigerian oil stake to Chappal Energies
Oredola Adeola The Norwegian oil firm has agreed to sell Equinor Nigeria Energy Company (ENEC) with a 53.85 percent ownership...
Budget of Renewed Hope 2024: President Tinubu proposes $77.96bpd oil price benchmark, 1.78mbpd production estimate
Oredola Adeola President Bola Tinubu, in his inaugural full-year budget since taking office in May, has proposed a conservative oil...
“3,000 barrels of crude oil lost in Egina FPSO vessel oil spill,” says NOSDRA, confirms significant environmental impacts
Adedokun Theophilus, Abuja ... contradicts TotalEnergies' claim The National Oil Spills Detection and Response Agency (NOSDRA) has revealed...
Africa’s potential to meet domestic energy demand presents opportunity to deliver into international markets- PwC report
Oredola Adeola PricewaterhouseCoopers Africa has issued a challenge to African countries to unlock their energy potential by seizing the...
Nigeria, Germany sign $500 million solar project, 850,000tpa gas deals
Oredola Adeola Nigeria and Germany have signed two Memoranda of Understanding (MoU) to boost their economic and energy...
Gas Outlook: Stakeholders propose financing strategies for development of Nigeria’s gas projects amidst global push against fossil fuel
Oredola Adeola Stakeholders have proposed various financing options and strategies essential for the successful development of gas projects for...
Nigeria drops $1 bn lawsuit against Eni, shifts focus to OPL 245 development
Oredola Adeola and agency report Nigeria has withdrawn a $1.1 billion civil claim against Eni, the Italian energy group,...
NCDMB launches Skill Council, National Occupational Standards project to boost Nigeria oil, gas workforce competencies, skills
Oredola Adeola The Nigerian Content Development and Monitoring Board (NCDMB) has established an Oil and Gas Sector Skills...
NUPRC denies awarding marginal oil fields licenses to unqualified companies, NEITI clarifies report
Oredola Adeola The Nigerian Upstream Regulatory Commission (NUPRC) has refuted allegations that it awarded the 2020 Marginal Oil...
