Why Nigeria’s Oil and Gas Investors Are Watching NMDPRA and NUPRC Closely By Kunle Odusola-Stevenson Nigeria’s petroleum sector is entering a decisive implementation phase. With the Petroleum Industry Act (PIA) firmly established and the downstream market now deregulated, the success of reform will be determined less by policy declarations and more by the quality of…
NNPC Ltd Reaffirms Commitment to Peace, Responsible Energy Development in Ogoniland The Group Chief Executive Officer of Nigerian National Petroleum Company Limited (NNPC Ltd.), Engr. Bashir Bayo Ojulari has reaffirmed the Company’s commitment to peace, dialogue, and responsible energy development in Ogoniland, describing the Federal Government’s renewed engagement as a demonstration of hope and a…
WIME Commends Tinubu on Appointment of Oritsemeyiwa Eyesan as NUPRC Commission’s Chief Executive The Women in Maritime and Energy (WIME) Awards, a leading platform dedicated to the identification and recognition of outstanding women in Nigeria’s maritime and energy sectors, has commended President Bola Ahmed Tinubu, GCFR, for appointing Mrs. Oritsemeyiwa Eyesan as the Chief Executive…
Nigeria has reached historic threshold in clean energy solutions – Aliyu The Managing Director and Chief Executive Officer of the Rural Electrification Agency (REA), Dr. Abba Aliyu, has said that Nigeria has crossed a historic threshold that signals real industrial change. Speaking after hosting the first Nigeria Renewable Energy Innovation Forum (NREIF) with the theme:…
Solewant Working to unlock Africa’s Energy Future for Sustainable Growth A leading Nigerian conglomerate in the energy sector, Solewant Group, has reiterated its commitment to unlocking Africa’s energy future, strategies for sustainable growth and development. The Group Chief Executive Officer of the company, Mr. Solomon Ewanehi, said Africa is poised to shape the future of…
Shell Nigeria Gas Limited (SNG) expands operations as new Customer connects in Ogun State Nigeria’s premier gas distribution company, Shell Nigeria Gas Limited (SNG) is expanding its operations in Ogun State with an agreement to provide gas to SG Industrial FZE, a leading steel company in the Guandong industrial zone in the State. The agreement…
Heavy Crude Prices Could Surge as U.S.-Venezuela Tensions Escalate A loss of Venezuelan oil production in case of a U.S. military intervention will materially impact global benchmark prices as the market will have to replace Venezuela’s heavy crude—the bulk of Caracas’ crude exports, according to Rystad Energy. Venezuela is estimated to pump about 1.1 million…
Shell Lifts Stakes in Atapu and Mero to Deepen Brazil Pre-Salt Position Shell has expanded its long-term footprint in Brazil’s prolific pre-salt sector, raising its ownership stakes in the Atapu and Mero fields after securing additional equity in an auction led by state-controlled Pré-Sal Petróleo. The company acquired 26.76% of Atapu Open Acreage, equivalent to…
NEITI, Stakeholders hail Appointment of Maria Van Der Hoeven as New EITI Board Chair The Nigeria Extractive Industries Transparency Initiative (NEITI) has welcomed with excitement the nomination of Ms Maria van der Hoeven as the incoming Chair of the Extractive Industries Transparency Initiative (EITI) for the 2026-2029 tenure. In a statement issued in Abuja this…
FG Approves Commencement of ₦185bn Gas Legacy Debt Payment Nigeria’s energy sector achieved a significant milestone as President Bola Ahmed Tinubu made strategic moves to promote upstream gas development and enhance gas-to-power generation. This initiative was reinforced by the National Economic Council (NEC), which approved the payment of legacy debts amounting to 185 billion naira…