The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe has met with media executives in Lagos as part of his stakeholder engagements in the oil industry. The media which serves as a critical…
Nigeria’s energy independence relies heavily on leveraging its vast gas reserves say Wole Ogunsanya , PETAN Chairman The Chairman of Petroleum Technology Association of Nigeria (PETAN), Engr. Wole Ogunsanya has reiterated that Nigeria’s energy independence hinges on effective gas utilization,…
By Matthew Denis The Federal Government has officially concessioned the Kashimbila Hydropower Station to KP Hydro Limited. The significant move was celebrated at a ceremony on October 5, 2024, held at the site of the dam in Takum Local Government…
Coordinator, Decade of Gas Initiative, Ed Ubong has stressed the need to embrace a gas-driven economy, highlighting its benefits to the entire populace. According to him, it will create jobs for millions of Nigerians, boost the growth of small and…
Chief Executive Officer of Pinnacle Oil and Gas Limited, Robert Dickerman has stated that fiscal prudence will aid in reducing the cost of fuel in the country. Dickerman identified fiscal prudence amongst others as factors that will reduce the nation’s…
The Federal Government has set up a committee to investigate the taxation and operational disputes between the Osun Government, and Segilola Resources Operating Limited(SROL), a subsidiary of Thor Explorations limited. The Minister of Solid Minerals Development, Dr Dele Alake, made…
By Seun Ibiyemi The Nigerian government is aiming to attract $5 to $10 billion in near-term investments for deep-water offshore operations through the recently introduced tax incentives in the oil and gas sector. This announcement was made on Thursday by…
By Bassey Williams, Yenagoa A group set up to tackle rising cases of crude oil theft and pipeline vandidalism in the Niger Delta region has commended the Managing Director of the NNPC Trading Limited, Lawal Sade over his outstanding performance…
The Nigeria Extractive Industries Transparency Initiative (NEITI) has emphasised the importance of accountability and transparency in the nation’s energy sector. The Executive Secretary, Dr Orji Ogbonnaya Orji, said this at the Association of Energy Correspondents Annual Strategic International Conference on…
By Matthew Denis The Chief Executive of the Nigeria Upstream Petroleum Regulatory Commission (NUPRC), Engr. Gbenga Komolafe, has warned that Nigeria could face “an impending gas supply crisis with a potential shortfall of 3.1 bcf/day by 2030” if measures are…
