Reasons Behind Reps’ Call for PIA Amendment
By Yange Ikyaa
Nigeria is the largest market in Africa with a young and vibrant population still evolving. This population is projected to grow by an average of 2.6% per annum, according to World Bank figures released in 2020, with!-->!-->!-->!-->!-->…
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COP28: Where Tinubu Stood on Energy Transition in Africa
By Yange Ikyaa
In the first week of December, world leaders including President Bola Ahmed Tinubu of Nigeria, gathered at the Climate Summit in Dubai, United Arab Emirates, to deliberate on the simmering climate crisis on all!-->!-->!-->!-->!-->…
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Seplat Wins CSR Award
By Adaobi Rhema Oguejiofor
A leading Nigerian independent energy company, Seplat Energy, has won the Corporate Social Responsibility (CSR) Award of Social Impact & Sustainability Awards (SISA) for Education Empowerment.
The!-->!-->!-->!-->!-->!-->!-->…
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BREAKING! NNPC Breaks Silence On Increasing Fuel Price To N1,200/Litre
The Nigerian National Petroleum Company (NNPC) Limited has reacted to the reports claiming that it plans to increase the price of petrol to N1,200 per litre.
It's been reported that oil marketers pegged the price of Premium Motor!-->!-->!-->!-->!-->…
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Marketers, NNPC Clash Over Subsidy, Project Petrol at N1,200/litre
Fuel prices may go up soon as the Nigerian National Petroleum Company Limited (NNPC) and fuel marketers clashed on Tuesday over prices of the commodities.
The naira’s recent downward trend against the dollar has reignited the!-->!-->!-->!-->!-->…
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Africa’s Natural Gas Sector is Building Momentum in 2024
By NJ Ayuk, Executive Chairman, African Energy Chamber
The recently signed liquefied natural gas (LNG) development project in South Africa’s Mpumalanga province is a promising step on the long road to Africa’s just energy!-->!-->!-->!-->!-->…
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2024 Licensing Round: Nigeria Set To Push Oil Reserves To 40Billion Barrels
The Federal Government has expressed the hope that the planned 2024 oil licencing round would help the country realize its 40 billion barrels reserve target.
The government in a move to scale up the reserve base has announced plans!-->!-->!-->!-->!-->…
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NUPRC rolls out action plan for 2024
The Nigerian Upstream Petroleum Regulatory Commission, NUPRC, has rolled out its action plan for 2024.
The Commission’s Chief Executive, CCE, Engnr Gbenga Komolafe, revealed this in a statement on Monday, saying that the Regulatory!-->!-->!-->!-->!-->…
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NUPRC directs oil firms to supply 483,000bpd crude to indigenous refineries
The Federal Government through the Nigeria Upstream Petroleum Regulatory Council (NUPRC) has directed oil producers to supply around 483,000 barrels per day (bpd) of crude oil to indigenous refineries for the first six months of 2024.!-->!-->!-->…
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NUPRC sets condensates production target of 2.6mbpd by 2026
Commission Chief Executive, Engr. Gbenga Komolafe, FNSE
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has set a condensates production target of 2.6 million barrels per day by 2026.
As a part of its strategic plan for!-->!-->!-->!-->!-->…
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