Industry

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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…As NNPC Plans to Roll Out 6 More CNG Stations Nationwide In its continued efforts to provide alternative source of fuel for Nigerians and lessen the impact of subsidy removal on petrol, the Federal Government has commissioned a 5.2…
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By Saidu Abubakar A total of $142.5 million was paid to the Niger Delta Development Commission (NDDC) last year by The Shell Petroleum Development of Nigeria Ltd (SPDC) and Shell Nigeria Exploration and Production Company Limited…
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In April, the prices of petrol, diesel, and kerosene increased, while spending on Liquefied Petroleum Gas (LPG) or cooking gas slightly decreased among Nigerians. Data from the National Bureau of Statistics (NBS) revealed that the…
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Nigeria’s economic engine is sputtering as oil sector growth, a critical component of the nation’s GDP, decelerated sharply in the first quarter of 2024. The Nigerian Bureau of Statistics reported a significant slowdown in oil GDP…
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