By Emmanuella Anokam The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced a significant rise in the country’s rig count, increasing from just eight in 2021 to 69. The commission said this in a statement by its Head, Media and Strategic Communication, Eniola Akinkuotu. Akinkuotu highlighted some of NUPRC’s highContinue Reading
By Joan Nwagwu The President of PENGASSAN, Mr Festus Osifo, says the union will resume strike action if Dangote Group defaults, following the suspension of its ongoing industrial action. Osifo stated this during a news conference at the end of the union’s National Executive Council (NEC) meeting, on Wednesday toContinue Reading
By Adeyemi Adeleye Experts in the oil and gas industry have said that the adoption of digital technologies would tackle inefficiencies and drive sustainable growth in the energy sector. They spoke on Thursday in Lagos at the 2025 Press Week Lecture and SymposiumContinue Reading
By Muhyideen Jimoh President Bola Tinubu has directed the National Security Adviser (NSA), Nuhu Ribadu, to begin engagement with Ogoni communities, NNPCL, and stakeholders to finalise restarting oil operations. The President stated this on Wednesday, at the Presidential Villa while receiving the report of the Ogoni Consultations Committee.Continue Reading
By Emmanuella Anokam Nigeria has signed a charter to establish the African Petroleum Regulators Forum (AFRIPERF) to promote investment and harmonisation of Petroleum regulations. The landmark signing, chaired by Mr Gbenga Komolafe, Commission Chief Executive, Nigerian Upstream Petroleum Regulatory Commission (NUPRC), held on Thursday, on the sidelines ofContinue Reading
By Vivian Emoni The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) cautions Sterling Oil Exploration and Energy Production Company (SEEPCO) to abide by the commission’s mandates and ensure effective cooperation with its host communities. Mr Ekene Enefe, Chairman, RMAFC, Investment Monitoring Committee, gave the warning on Friday inContinue Reading
By Yunus Yusuf Oilserv Nigeria Ltd. has called on International Oil Companies (IOCs) operating across Africa to fully leverage the opportunities available within the continent, especially in the Engineering, Procurement, and Construction (EPC) sector. The Group Chief Executive Officer of Oilserv Group, Mr Emeka Okwuosa, made the call onContinue Reading
By Emmanuella Anokam The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has signed a Production Sharing Contract (PSC) for Petroleum Prospecting Licences 2000 and 2001 with NNPC Limited and the TotalEnergies–Sapetro Consortium. Speaking at the signing ceremony on Monday in Abuja, NUPRC Chief Executive, Mr Gbenga Komolafe, described the agreement asContinue Reading
By Deborah Coker Prof. Benjamin Okaba, Global President, Ijaw National Congress (INC), says the main challenge facing the nation’s oil industry is poor execution rather than dearth of policies. Okaba said this in a paper he presented at the GbaramatuVoice 10th Anniversary Lecture and Night of Honour, held in Abuja.Continue Reading
By Jessica Dogo The Chief of Defence Staff (CDS), Gen. Christopher Musa, has pledged the Nigerian military’s support to the South-South Development Commission (SSDC) in securing oil and gas facilities in the region. Musa made the pledge when a delegation of the SSDC paid a courtesy visit to him atContinue Reading
