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Industry
EPC Contract: Local Content Law Saved Nigeria $2bn – Wabote
"...The difference in the bid between a company that had established itself in Nigeria and another company that came from Europe was $2 billion"
By Teddy Nwanunobi
The Executive Secretary of the Nigerian Content Development and!-->!-->!-->!-->!-->!-->!-->…
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OPAC Refineries produces first set of petroleum products
...Diesel, kerosene, fuel oil and Naphtha
“We have officially commenced the test run of our refinery with the first refined products coming out successfully"
The OPAC Refineries, an indigenous company, has announced the!-->!-->!-->!-->!-->!-->!-->…
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DPR Seeks Police Collaboration For Enforcement Of Regulations
"...The implementation of the operational codes coupled with the availability of registered retail outlets, the state has not experienced fuel scarcity for a long time"
The Department of Petroleum Resources (DPR) in Bauchi state has!-->!-->!-->!-->!-->…
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FG Inaugurates Panel To Tackle Illegally-Refined Crude Oil
*The inter-ministerial comlmittee shall be guided by the SOP, developed for the project
The federal government has inaugurated an inter-ministerial committee to tackle the illegal refining of crude oil in the Niger Delta.
Members!-->!-->!-->!-->!-->!-->!-->…
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Fujairah Ruler, Sharqi Receives Sylva, Barkindo
By Teddy Nwanunobi
The Supreme Council Member and Ruler of Fujairah, His Highness Sheikh Hamad bin Mohammed Al Sharqi, on Wednesday, received the duo of the Minister of State for Petroleum, Chief Timipre Sylva, and the Secretary!-->!-->!-->!-->!-->…
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Energy Transition: Global Conversation is “Misrepresented, Distorted” – Barkindo
By Teddy Nwanunobi
The Secretary General of the Organisation of Petroleum Exporting Countries (OPEC), HE Mohammad Sanusi Barkindo, has noted that the global transition to clean energy is crucial.
Barkindo, however, pointed out!-->!-->!-->!-->!-->!-->!-->…
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Nigeria scraps DPR, PPPRA, Names new Oil regulators, Management, Boards
Also, as a fallout of the PIA implementation, the President has approved the appointment of Mr. Sarki Auwalu as the Chief Executive Officer for the Nigerian Midstream and Downstream Petroleum Regulatory Authority
The two agencies in!-->!-->!-->!-->!-->…
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Sasol triples 2030 decarbonisation target, makes net-zero by 2050 pledge
Chemicals and energy group Sasol has announced a material acceleration of its decarbonisation plans, confirming that it will reduce greenhouse gas (GHG) emissions by 30% by 2030 rather than by the much-criticised 10% level to which it!-->!-->!-->…
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Auto Africa Urged to Develop Hydrocarbon Social Investment Plan
"In places like Nigeria and Angola, the sector contributes 70 per cent of the overall forex inflow and 60 per cent of government tax revenues"
By Teddy Nwanunobi
African oil and gas producing countries have been urged to develop!-->!-->!-->!-->!-->!-->!-->…
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TotalEnergies to Discuss Upstream Oil, Gas Development
By Teddy Nwanunobi
Recently appointed President of Exploration and Production and member of the executive committee of TotalEnergies, Nicolas Terraz, will participate in Africa Oil Week in Dubai, where he will deliver an opening!-->!-->!-->!-->!-->…
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