Africa’s priority is poverty reduction, not net zero policies push, needs its oil, gas to achieve SDG 1 – Ayuk, Energy Chamber
Oredola Adeola Africa is desperate for cheap energy and the solution lies on its very doorstep — its...
Exploration
NEITI sets June deadline for release of audit reports of crude volume legally, illegally exported by 66 oil, gas companies, 14 states agencies
Oredola Adeola The Nigeria Extractive Industries Transparency Initiative (NEITI) has announced its readiness to release the 2021...
NUPRC unveils 7 more gazetted upstream regulations, assures speedy completion of 6 others
Oredola Adeola The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has issued seven new gazetted regulations aimed at providing a regulatory...
NNPCL to unlock $2.1bn gas revenue, executes 5 suite of agreements on OML 130 with Total, CNOOC others
Oredola Adeola The Nigerian National Petroleum Company Ltd(NNPCL) has executed a new deal for the renewal of...
Buhari flags off exploration activities in Lake Chad basin, as NNPCL begins Wadi-B oil drilling campaign in Borno state
Oredola Adeola The Nigerian Government has flagged off the crude oil drilling campaign in the Wadi-B Well, located within...
$12 billion required to clean up Bayelsa oil spills caused by Shell, Eni, others – report
Oredola Adeola A minimum of $12 billion will be needed to “clean up the soil and drinking water, reduce...
Oil, gas free trade zone in Imo state to unlock hydrocarbon deposits in OML130 Orashi field, as Buhari grants Uzodinma’s request
Oredola Adeola The Nigerian Government has declared Oguta/Ohaji/Egbema and its environs as an oil and gas free trade zone, following...
Appeal Court grants Seplat request to stop execution of orders against Omiyi, Brown, other top officers
Oredola Adeola The Court of Appeal, Abuja has granted an ex parte application of Seplat Energy Plc seeking the...
NEITI launches new 5-year strategic plan to enhance implementation of energy transition, PIA
Oredola Adeola The Nigeria Extractive Industries Transparency Initiative (NEITI) has launched a new five-year (2022-2026) strategic plan that will be...
Crude oil prices consistently hover below $75 per barrel Nigeria budget for oil benchmark
Oredola Adeola The price of Brent Crude, Nigeria's spot oil benchmark, has consistently maintained a decline below $75 per barrel...
