By Sodiq Adelakun At the 8th Sub-Saharan Africa International Petroleum Exhibition and Conference (SAIPEC) held at Eko Hotel, the Honourable Minister of State for Gas Resources, Hon. Ekperikpe Ekpo, underscored the critical role of private sector collaboration in the development…
…Says oil, gas reserves in Nigeria represent 30-34 % of African reserves By Matthew Denis The Chief Executive Officer of the Nigerian Upstream Regulatory Commission (NUPRC), Engineer Gbenga Komolafe has stated that the actual national production currently averages 1.33 Million…
A new report by think tank Climate Analytics has found that $8 trillion of investment is needed for new renewables to deliver the 2030 tripling goal agreed at COP28 in Dubai late 2023. The report also found that $4 trillion…
By Matthew Denis The Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo has disclosed that the Federal Government has outlined special incentives to boost gas production in large quantities to meet the demands of Nigerians. The Minister in a…
Nigeria’s crude production has received a boost with the commencement of oil production from the Akpo West Field. The field according to the Nigerian National Petroleum Company Limited (NNPC Ltd.) will be producing 14,000 barrels per day. Nigeria’s oil production…
The Managing Director of Shell Petroleum Development Company of Nigeria, Osagie Okunbor, has highlighted a significant financial challenge confronting gas producers in the country. Representing the Oil Producers Trade Section, an association comprising international oil firms, Okunbor revealed that the…
In line with the Federal Government’s renewed push to tackle illegal mining, the Economic and Financial Crimes Commission (EFCC) Ilorin zonal command has arrested 41 illegal miners and intercepted a truck conveying stolen mineral resources. At a briefing at the…
By Bushrah Adeshina, Ibadan Oyo State governor, Seyi Makinde, has declared that the state will be the first in the country to achieve energy sufficiency. The Governor spoke at the 20th Anniversary of the British American Tobacco (BAT) Ibadan Plant,…
Nigeria’s Minister of Solid Minerals Development, Dr Dele Alake, has been elected as the Chairman of Africa Minerals Strategy Group. The election was held on the sidelines of the 30th edition of Investing in Africa Indaba, Cape Town, South Africa, was…
The Nigeria International Energy Summit (NIES) 2024, scheduled to take place at the International Conference Centre (ICC) in Abuja, Nigeria, from February 26 to March 1, 2024, has proudly announced its distinguished lineup of speakers. The Summit will be graced…
