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Industry
Barkindo’s CFR: A National Honour Well Deserved And a Good Opportunity to Name a Nigerian Petroleum…
One Year Remembrance
By Yange Ikyaa
In the last week of May 2023, Late Mohammad Sanusi Barkindo, Former Secretary General of the Organization of Petroleum Exporting Countries (OPEC), was honoured by the!-->!-->!-->!-->!-->!-->!-->!-->!-->…
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Will Dangote Refinery Worsen Nigeria’s Downstream Oil Sector Problems?
BY Gideon Osaka
The recent commissioning and imminent commencement of petroleum product supply from the Dangote Refinery has continued to elicit excitement and expectations among Nigerians, industry operators, government officials!-->!-->!-->!-->!-->…
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How Inflation Eroded Petroleum Contracts Value by 50%
By Yange Ikyaa
The entire contract value of the global oil and gas industry dropped by nearly half in the first quarter of 2023, resulting from rising inflation and increased capital cost borrowing.
This is according to a report!-->!-->!-->!-->!-->!-->!-->…
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Nigeria Loses Golden Opportunity in Global Energy Transition Market
By Yange Ikyaa
The ongoing Ukraine war and ensuing sanctions imposed on Russia, which remain the most extensive in world history, have resulted in widespread instability in the oil and natural gas markets, driving well-documented!-->!-->!-->!-->!-->…
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Energy Expert, Valuechain Publisher Side NLC, Fault NNPC’s Fuel Price Framework
By Adaobi Rhema Oguejiofor
Professor Omowumi Iledare, an Expert in Petroleum Economics and Energy Policy, has faulted the recently released fuel pricing framework by the Nigerian National Petroleum Company (NNPC) Limited, describing!-->!-->!-->!-->!-->…
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Energy Transition: How Eni is Going Green
By Adaobi Rhema Oguejiofor
Eni’s voluntary sustainability report has described the company’s contributions to a just transition that ensures access to efficient and sustainable energy, which shares the social and economic benefits!-->!-->!-->!-->!-->…
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NJ Ayuk’s Book ‘A Just Transition’ Hits 1st Bestseller Spot on Wall Street Journal
By Moses Patience Chat
Following up on his successful 2020 bestseller “Billions at Play,” NJ Ayuk’s latest book, “A Just Transition: Making Energy Poverty History with an Energy Mix,” has also recorded another success, hitting the!-->!-->!-->!-->!-->…
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PIA: SPDC JV unveils more Community Trusts in Niger Delta Region
By Saidu Abubakar
Eight Host Community Development Trusts (HCDTs) have been unveiled in Rivers State as NNPC/SPDC/TotalEnergies/NAOC Joint Venture consolidates the gains of the Petroleum Industry Act (PIA) in the region.
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FG Honours Barkindo, Anyaoku, Emefiele, Remi Tinubu, others
By Saidu Abubakar
Former Secretary-General of the Organisation of Petroleum Exporting Countries (OPEC), late Mohammad Sanusi Bakindo was on Sunday, 28 May, honoured with a posthumous award by the outgoing government of Muhammadu!-->!-->!-->!-->!-->…
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NUPRC Unveils 7 New Regulations to Tackle Oil Theft
By Adaobi Rhema Oguejiofor
The Nigerian Upstream Regulatory Commission (NUPRC) has unveiled seven new regulations as part of its major effort towards tackling oil theft, ultimately growing the nation’s economy and maximizing the!-->!-->!-->!-->!-->…
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