Guest Columnist

-Prof. Omowumi O. Iledare 1.0. PREAMBLE In the March 2022 issue of the Oil and Gas Valuechain, I discussed four quadrilemma dimensions in the oil and gas sector in Nigeria emphasizing the fact that effectiveness, efficiency,…
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–Professor Omowumi O. Iledare PREAMBLE Nigeria ranked among the top 20 oil producers in the world in 2021 at an approximately 1.5 - 1.7 million barrels per day, on average, and 36 Billion proved reserves. In 2005, Nigeria ranked…
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–Professor Omowumi O. Iledare 1.0  Preamble The global energy system is more likely than not to undergo a fundamental restructuring to decarbonize, which will create challenges and opportunities for the petroleum industry and…
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Prof. O. Iledare I sincerely wish all our VCM readers, Happy New Year. May boundary lines fall in pleasant places for Nigeria in 2022! Permit me to refer to the observations espoused in the May 2021 issue of Valuechain Magazine on…
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-Processor Omowumi O. Iledare The Petroleum Industry Act 2021 (PIA) attempts, quite objectively, to the amorphousness in the regulatory and governance institutions in Nigeria. It establishes three governance…
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(This Op-Ed was written before PIB was assented to by the President) -Professor Omowunmi O. Iledare 1.0 – Preamble The structure of the petroleum industry in Nigeria has been significantly altered in comparison to two decades…
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By Dr. Wisdom Enang Fossil fuels provide 80 per cent of the world’s energy, and are undoubtedly the energy foundation upon which global societies function. A sudden change in the composition of that foundation can potentially…
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–Professor Omowumi O. Iledare The energy transition, which refers to the switching away or transformation of the global energy sector from fossil-fuel dominated energy supply mix to zero-carbon emission sources, has fundamental…
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Prof. Omowumi O. Iledare Preamble: In an environment where perfectly competitive petroleum downstream market exists, the inkling for price regulation is an anomaly. However, if the downstream market structure or conduct is a…
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-By Prof. Omowunmi O. Iledare Background: The challenges facing the petroleum industry in Nigeria in the last ten years include, but not limited to: declining number of active rigs, declining number of producing wells, declining…
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