Industry

By Saidu Abubakar Total expenditure on direct social investments by the three Shell companies in Nigeria and their partners in 2023 was $42.2 million, a 23% increase compared to $34.29 million in the previous year. Shell…
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African energy demand is projected to grow more than 30% by 2040, with oil demand expected to increase to 4.9 million barrels per day (bpd) by 2050. Gas demand will almost triple during the same period while the continent’s renewable…
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Africa’s richest man, Aliko Dangote, has raised concerns about the lack of new refineries on the continent, attributing it to the vested interests of those who profit from fuel importation. In a recent interview with Eleni Giokos, a…
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By Ese Ufoma In the early 2000s, a young Nigerian engineer named Tunde found himself in the midst of an industry revolution. Fresh out of the university, Tunde joined a small, fledgling oil service company. Despite his academic…
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By Gideon Osaka One year after President Bola Ahmed Tinubu clinched the February 25, 2023 presidential election, this May 29th, a reflection on the journey so far in the energy sector, particularly oil and gas bears significance,…
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By William Emmanuel Ukpoju Nigeria stands at a critical juncture, facing the intertwined challenges of energy security, environmental sustainability, and economic development. In response, the nation has embarked on a…
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Kashim Shettima (right) and Alh. Mohammed Idris at the event By Ese Ufoma At the Ladi Kwali Hall of the Abuja Continental (Sheraton) Hotel, a distinguished gathering of key figures from the political, media, and economic spheres…
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By Adaobi Rhema Oguejiofor In Nigeria, the Petroleum Industry Act 2021 (the PIA or the Act) though long-awaited, brought about much interest given its extended legislative journey and the far-reaching changes it introduced to the…
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By Patience Chat Moses As the world evolves, trends in transition to other sources of energy are on the increase. Developed and developing countries are making huge investments in Renewable Energy (RE) as alternative to fossil…
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By William Emmanuel UkpojuNigeria, Africa's largest economy by GDP, has long stood as a beacon of potential on the continent, driven in large part by its rich endowment of natural resources. Yet, despite being synonymous with oil for…
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